{"id":650685,"date":"2017-03-29T04:06:10","date_gmt":"2017-03-29T04:06:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/"},"modified":"2017-03-29T04:06:10","modified_gmt":"2017-03-29T04:06:10","slug":"red-sea-ports-authority-approves-restructuring-maritime-companies-debts","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/","title":{"rendered":"Red Sea Ports Authority approves restructuring maritime companies\u2019 debts"},"content":{"rendered":"<p>The Red Sea Ports Authority approved restructuring the debts of maritime companies in a bid to keep the companies\u2019 business and attract more companies to the port, <a href=\"http:\/\/www.ahram.org.eg\/News\/202218\/5\/585713\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\/%D9%85%D9%88%D8%A7%D9%86%D9%89-%D8%A7%D9%84%D8%A8%D8%AD%D8%B1-%D8%A7%D9%84%D8%A3%D8%AD%D9%85%D8%B1-%D8%AA%D9%82%D8%B3%D8%B7-%D9%85%D8%AF%D9%8A%D9%88%D9%86%D9%8A%D8%A7%D8%AA-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D9%84%D8%A7%D8%AD%D8%A9.aspx\">Al Ahram<\/a> reports. No details were provided on the names of the indebted companies or the value of the overdue payments. The move is the latest efforts to make maritime industry more attractive following five major shipping lines exiting the port of East Port Said over taxes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Red Sea Ports Authority approved restructuring the debts of maritime companies in a bid to keep the companies\u2019 business and attract more companies to the port, Al Ahram reports. No details were provided on the names of the indebted companies or the value of the overdue payments. The move is the latest efforts to [&hellip;]<\/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],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-650685","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"82aeaea7-b001-4a7c-84e3-699354a2812a","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[650650],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Red Sea Ports Authority approves restructuring maritime companies\u2019 debts - 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\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Red Sea Ports Authority approves restructuring maritime companies\u2019 debts\" \/>\n<meta property=\"og:description\" content=\"The Red Sea Ports Authority approved restructuring the debts of maritime companies in a bid to keep the companies\u2019 business and attract more companies to the port, Al Ahram reports. No details were provided on the names of the indebted companies or the value of the overdue payments. The move is the latest efforts to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-29T04:06:10+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\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Red Sea Ports Authority approves restructuring maritime companies\u2019 debts\",\"datePublished\":\"2017-03-29T04:06:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/\"},\"wordCount\":83,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/\",\"name\":\"Red Sea Ports Authority approves restructuring maritime companies\u2019 debts - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-03-29T04:06:10+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Red Sea Ports Authority approves restructuring maritime companies\u2019 debts\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Red Sea Ports Authority approves restructuring maritime companies\u2019 debts - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/","og_locale":"en_US","og_type":"article","og_title":"Red Sea Ports Authority approves restructuring maritime companies\u2019 debts","og_description":"The Red Sea Ports Authority approved restructuring the debts of maritime companies in a bid to keep the companies\u2019 business and attract more companies to the port, Al Ahram reports. No details were provided on the names of the indebted companies or the value of the overdue payments. The move is the latest efforts to [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-03-29T04:06:10+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Red Sea Ports Authority approves restructuring maritime companies\u2019 debts","datePublished":"2017-03-29T04:06:10+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/"},"wordCount":83,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Automotive + Transportation","EnterpriseAM"],"articleSection":["Automotive + Transportation"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/","name":"Red Sea Ports Authority approves restructuring maritime companies\u2019 debts - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-03-29T04:06:10+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/red-sea-ports-authority-approves-restructuring-maritime-companies-debts\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Red Sea Ports Authority approves restructuring maritime companies\u2019 debts"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":601274,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/egypts-port-tawfik-to-saudis-jeddah-ferry-route-reopens\/","url_meta":{"origin":650685,"position":0},"title":"Egypt\u2019s Port Tawfik to Saudi\u2019s Jeddah ferry route reopens","author":"enterpriseam admin","date":"24 February 2019","format":false,"excerpt":"Egyptian and Saudi authorities have reopened the Port Tawfiq-Jeddah ferry route after 13 years of inactivity, Red Sea Ports Authority head Ayman Saleh said, according to Al Ahram. The route was suspended in 2006 after the MS El Salam 98 ferry disaster saw the loss of over 1,000 Egyptian expats,\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652314,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/05\/maritime-shipping-law-executive-regulations-are-bad-for-business-chambers-of-shipping\/","url_meta":{"origin":650685,"position":1},"title":"Maritime shipping law executive regulations are bad for business -chambers of shipping","author":"enterpriseam admin","date":"5 January 2017","format":false,"excerpt":"Egypt\u2019s chambers of shipping say the executive regulations of maritime shipping law number 800\/2016 is bad for business, Al Masry Al Youm reported. The Alexandria Chamber of Shipping (ACS) points specifically to article 41, which allows the state to confiscate all construction built on ports by shipping companies after seven\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":623943,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/06\/13\/chinas-cosco-shipping-to-invest-usd-375-mn-in-egypt-in-2024-plus-ad-ports-to-take-over-three-tourism-terminals-taba-maritime-port-construction-to-start-2024-or-2025\/","url_meta":{"origin":650685,"position":2},"title":"China\u2019s Cosco Shipping to invest USD 375 mn in Egypt in 2024. PLUS: AD Ports to take over three tourism terminals, Taba Maritime Port construction to start 2024 or 2025","author":"enterpriseam admin","date":"13 June 2024","format":false,"excerpt":"The investments will go towards increasing container capacity at various Egyptian ports","rel":"","context":"In &quot;Logistics&quot;","block_context":{"text":"Logistics","link":"https:\/\/enterpriseam.com\/egypt\/category\/logistics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1078.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":600119,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/20\/authority-to-reissue-tenders-for-usd-800-mn-red-sea-ports-projects\/","url_meta":{"origin":650685,"position":3},"title":"Authority to reissue tenders for USD 800 mn Red Sea ports projects","author":"enterpriseam admin","date":"20 January 2019","format":false,"excerpt":"The Red Sea Ports Authority is mulling reissuing its tenders for two multi-purpose cargo and container storage facilities at the Safaga and Nuweiba ports, worth USD 80 mn each, authority head Ayman Saleh told Al Shorouk. The authority signed an MoU in 2017 with the China Road and Bridge Corporation\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651122,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/05\/maersk-line-uses-rail-for-the-first-time-to-transport-containers-in-egypt\/","url_meta":{"origin":650685,"position":4},"title":"Maersk Line uses rail for the first time to transport containers in Egypt","author":"enterpriseam admin","date":"5 February 2017","format":false,"excerpt":"Shipping company has used rail for the first time ever to transport 120 containers from the Damietta Port to Sokhna Port, Al Borsa reported. The Chairman of the Damietta Port said the national Ports Authority has looking to reduce reliance on ground transport and resort more to rail. He said\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":640418,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/26\/three-terminals-to-be-handed-over-to-operators-by-year-end\/","url_meta":{"origin":650685,"position":5},"title":"Three terminals to be handed over to operators by year end","author":"enterpriseam admin","date":"26 August 2024","format":false,"excerpt":"Five companies are hoping to secure the contract to manage and operate Alexandria Port\u2019s passenger terminal","rel":"","context":"In &quot;Logistics&quot;","block_context":{"text":"Logistics","link":"https:\/\/enterpriseam.com\/egypt\/category\/logistics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2158.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/650685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=650685"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/650685\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/650650"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=650685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=650685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=650685"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=650685"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=650685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}