APM Terminals Expands: A Milestone for East Port Said
APM Terminals and the Suez Canal Container Terminal (SCCT) have recently celebrated the completion of a remarkable $500 million expansion at East Port Said. This significant investment adds 955 meters of new quay and 510,000 square meters of yard space, enhancing the terminal’s capabilities to handle an additional 2.2 million TEUs per year, raising the total capacity to 7 million TEUs. The introduction of advanced equipment, including 12 new quay cranes and 30 electric Rubber-Tired Gantry Cranes (RTGs), signifies a leap forward in operational efficiency.
Boosting Economic Growth and Job Creation
One impressive aspect of this development is its projected economic impact. The expansion is expected to create over 1,000 new jobs in the region, invigorating local economies and supporting livelihoods. Such investments exemplify how infrastructural growth can catalyze job creation and ultimately enhance community well-being.
Commitment to Sustainability in Maritime Logistics
This expansion aligns with APM Terminals' ambitious commitment to achieve net zero emissions by 2040. The deployment of electric RTGs and investments in renewable energy and improved energy efficiency reflect a significant shift towards greener operations in the maritime logistics sector. Such initiatives not only benefit the environment but also set a precedent for sustainable practices within the logistics industry globally.
Enhancing Global Trade Routes
The strategic location of the SCCT at the northern entrance of the Suez Canal makes it a vital player in global trade routes. As international shipping continues to evolve, the enhancements at East Port Said will enable faster and more efficient transshipment, reinforcing its status in the competitive landscape of maritime logistics and connecting African airports and trade networks with major global markets.
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