{"id":602598,"date":"2019-04-01T03:23:00","date_gmt":"2019-04-01T03:23:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/scct-expects-losses-this-year-on-the-back-of-rising-fees-in-east-port-said\/"},"modified":"2019-04-01T03:23:00","modified_gmt":"2019-04-01T03:23:00","slug":"scct-expects-losses-this-year-on-the-back-of-rising-fees-in-east-port-said","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/scct-expects-losses-this-year-on-the-back-of-rising-fees-in-east-port-said\/","title":{"rendered":"SCCT expects losses this year on the back of rising fees in East Port Said"},"content":{"rendered":"

Suez Canal Container Terminal (SCCT) is expecting to incur losses this year due to its inability to compete amid rising fees in East Port Said Port, CEO Lars Christensen said, according to Reuters\u2019 Arabic Service<\/a><\/u>. SCCT, which is majority owned by Maersk subsidiary APM Terminals, has been making losses of USD 1 mn a month since the beginning of the year. This came as 16 major shipping lines have stopped docking at the port due to the high fees.<\/p>\n","protected":false},"excerpt":{"rendered":"

Suez Canal Container Terminal (SCCT) is expecting to incur losses this year due to its inability to compete amid rising fees in East Port Said Port, CEO Lars Christensen said, according to Reuters\u2019 Arabic Service. SCCT, which is majority owned by Maersk subsidiary APM Terminals, has been making losses of USD 1 mn a month […]<\/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":[9315],"tags":[72,145,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602598","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-logistics","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"90bbbfab-4147-44fc-b88a-a788d5f77ae8","is_powered_by":true,"section_story_id":"6c0b8f0f-aca5-4b3e-aa91-a9c0242ce664","story_type":"1","photo_url":"","photo_position":"above","related_issue":[602559],"teaser":"","voice_url":""},"yoast_head":"\nSCCT expects losses this year on the back of rising fees in East Port Said - 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\/04\/01\/scct-expects-losses-this-year-on-the-back-of-rising-fees-in-east-port-said\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SCCT expects losses this year on the back of rising fees in East Port Said\" \/>\n<meta property=\"og:description\" content=\"Suez Canal Container Terminal (SCCT) is expecting to incur losses this year due to its inability to compete amid rising fees in East Port Said Port, CEO Lars Christensen said, according to Reuters\u2019 Arabic Service. SCCT, which is majority owned by Maersk subsidiary APM Terminals, has been making losses of USD 1 mn a month […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/scct-expects-losses-this-year-on-the-back-of-rising-fees-in-east-port-said\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-01T03:23:00+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/scct-expects-losses-this-year-on-the-back-of-rising-fees-in-east-port-said\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/scct-expects-losses-this-year-on-the-back-of-rising-fees-in-east-port-said\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"SCCT expects losses this year on the back of rising fees in East Port Said\",\"datePublished\":\"2019-04-01T03:23:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/scct-expects-losses-this-year-on-the-back-of-rising-fees-in-east-port-said\/\"},\"wordCount\":92,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"logistics\",\"Other Business News of Note\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/scct-expects-losses-this-year-on-the-back-of-rising-fees-in-east-port-said\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/scct-expects-losses-this-year-on-the-back-of-rising-fees-in-east-port-said\/\",\"name\":\"SCCT expects losses this year on the back of rising fees in East Port Said - 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