{"id":595337,"date":"2019-09-23T04:27:49","date_gmt":"2019-09-23T04:27:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/shipping-companies-swap-egypt-for-greece-due-to-high-port-fees\/"},"modified":"2019-09-23T04:27:49","modified_gmt":"2019-09-23T04:27:49","slug":"shipping-companies-swap-egypt-for-greece-due-to-high-port-fees","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/shipping-companies-swap-egypt-for-greece-due-to-high-port-fees\/","title":{"rendered":"Shipping companies swap Egypt for Greece due to high port fees"},"content":{"rendered":"

Greece\u2019s Port of Piraeus has seen revenues increase 14.1% y-o-y in 1H2019 thanks to shipping alliances abandoning East Port Said due to high fees, according to a report by China\u2019s COSCO Shipping picked up by Al Mal<\/a>. The Transport Ministry has increased port fees by 200%, prompting shipping companies to search for other alternatives. International shipping alliance Ocean Alliance ceased operations in East Port Said<\/a> in August 2018 in protest at the higher fees. The group includes CMA CGM Group, APL, Evergreen, and China\u2019s COSCO Shipping, which operates the Piraeus port. The government recently approved<\/a> new incentives that included a 45% fee discount in order to make Egyptian ports more competitive.<\/p>\n","protected":false},"excerpt":{"rendered":"

Greece\u2019s Port of Piraeus has seen revenues increase 14.1% y-o-y in 1H2019 thanks to shipping alliances abandoning East Port Said due to high fees, according to a report by China\u2019s COSCO Shipping picked up by Al Mal. The Transport Ministry has increased port fees by 200%, prompting shipping companies to search for other alternatives. International […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9291],"tags":[2370,72,381],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595337","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","tag-greece","wpautop","entry"],"acf":{"mongo_id":"17ea91d6-5029-4dc4-ab59-dcb59709b855","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[595308],"teaser":"","voice_url":""},"yoast_head":"\nShipping companies swap Egypt for Greece due to high port fees - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/shipping-companies-swap-egypt-for-greece-due-to-high-port-fees\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shipping companies swap Egypt for Greece due to high port fees\" \/>\n<meta property=\"og:description\" content=\"Greece\u2019s Port of Piraeus has seen revenues increase 14.1% y-o-y in 1H2019 thanks to shipping alliances abandoning East Port Said due to high fees, according to a report by China\u2019s COSCO Shipping picked up by Al Mal. The Transport Ministry has increased port fees by 200%, prompting shipping companies to search for other alternatives. International […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/shipping-companies-swap-egypt-for-greece-due-to-high-port-fees\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-23T04:27:49+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/shipping-companies-swap-egypt-for-greece-due-to-high-port-fees\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/shipping-companies-swap-egypt-for-greece-due-to-high-port-fees\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Shipping companies swap Egypt for Greece due to high port fees\",\"datePublished\":\"2019-09-23T04:27:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/shipping-companies-swap-egypt-for-greece-due-to-high-port-fees\/\"},\"wordCount\":121,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\",\"Greece\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/shipping-companies-swap-egypt-for-greece-due-to-high-port-fees\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/23\/shipping-companies-swap-egypt-for-greece-due-to-high-port-fees\/\",\"name\":\"Shipping companies swap Egypt for Greece due to high port fees - 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Ocean Alliance \u2014 which includes CMA CGM Group, APL, Evergreen, and China\u2019s COSCO Shipping \u2014 had decided to suspend\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621297,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/05\/scas-port-fee-reduction-decision-now-includes-port-of-west-port-said\/","url_meta":{"origin":595337,"position":3},"title":"SCA\u2019s port fee reduction decision now includes port of West Port Said","author":"enterpriseam admin","date":"5 November 2018","format":false,"excerpt":"The Suez Canal Authority\u2019s (SCA) decision to reduce transit and mooring fees at the East Port Said port last month has also been applied to the port of West Port Said, Al Mal reports. The SCA had dropped fees in a bid to draw more shipping activity to the ports,\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624597,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/ocean-alliance-launches-new-service-to-include-cgm-uruguay\/","url_meta":{"origin":595337,"position":4},"title":"Ocean Alliance launches new service, to include CGM Uruguay","author":"enterpriseam admin","date":"13 September 2018","format":false,"excerpt":"Ocean Alliance moves ports on better fees: Ocean Alliance has launched a new service through the West Port Said Port, Suez Canal Authority boss Mohab Mamish said yesterday, Al Mal reports. 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