Shipping Arabia, November 5, 2026 – Egypt’s Damietta Container & Cargo Handling Company is planning a $22 million investment to acquire three new yard cranes at Damietta Port. The procurement aims to modernize container handling equipment, increase terminal capacity and improve operational efficiency as part of the company’s investment plan for the current fiscal year.
The company, a subsidiary of the Holding Company for Maritime and Land Transport, has launched a tender for the equipment, according to government sources cited by Al Borsa. The investment is expected to improve cargo handling productivity, reduce congestion and strengthen the competitiveness of the company’s two terminals.
Damietta Launches $22 Million Yard Crane Tender
Damietta Container & Cargo Handling Company has initiated the procurement process for three large yard cranes to upgrade its existing handling equipment and expand operational capacity.
According to the sources, the tender includes an initial bid security requirement of approximately $750,000 for specialized companies interested in supplying the equipment.
Technical bids are scheduled to open in early January 2027. Following the opening, the company will evaluate the submitted technical proposals and determine which bidders meet the specified requirements.
Qualified companies will then proceed to the financial evaluation stage, during which their financial offers will be reviewed before selecting the winning bid. The company will subsequently complete the award and contracting procedures.
The procurement forms part of the company’s broader investment program to modernize handling equipment and improve its ability to manage container operations, including containers carrying heavy loads.
New Equipment Aims to Improve Container Handling Efficiency
The planned yard cranes are expected to increase container handling rates and accelerate cargo movements between vessel berths and terminal storage yards.
According to the sources, the additional equipment will help streamline internal terminal operations, reduce truck waiting times and limit congestion within Damietta Port.
Improved cargo handling productivity is also expected to shorten the time vessels spend alongside the berths. This would support more efficient loading and unloading operations while improving the utilization of terminal infrastructure.
The investment also targets improvements in supply chain efficiency and logistics services. Faster container movements and reduced waiting times could help lower direct and indirect operating costs for customers using the terminal.
By improving equipment availability and cargo handling performance, the company aims to enhance the reliability and efficiency of its services for shipping lines, transport operators and other port users.
Equipment Modernization to Support Operational Reliability
The planned investment forms part of a wider equipment replacement and renewal program at Damietta Container & Cargo Handling Company.
The program focuses on replacing aging machinery and upgrading operational assets to reduce unexpected equipment failures and improve readiness across terminal operations.
According to the sources, these improvements are intended to maintain operational continuity and support compliance with internationally recognized port operating standards.
Modernizing handling equipment is also expected to help the company manage growing operational requirements more efficiently and strengthen service reliability across its facilities.
The investment therefore combines capacity improvements with equipment renewal, addressing both cargo handling productivity and the operational reliability of existing terminal assets.
Damietta Port Targets Stronger Mediterranean Competitiveness
The company expects the equipment upgrades to improve the competitiveness of its two terminals and strengthen their ability to attract additional international shipping lines.
According to the sources, the modernization program will support opportunities in both container transshipment and direct shipping services.
Higher handling efficiency, reduced vessel berth times and improved terminal reliability are among the operational improvements expected to support these objectives.
The company also considers the investment important for strengthening Damietta Port’s position within the Mediterranean maritime trade network.
By upgrading its container handling capabilities and improving operational performance, Damietta Container & Cargo Handling Company aims to provide more efficient services while supporting the port’s ability to compete for international container traffic.
Source: Al Borsa