Port Investment

Shipping Arabia, October 25, 2026 – Damietta Port Authority Chairman Rear Admiral Tarek Adly Abdallah received Canadian Ambassador to Egypt Ulric Shannon to discuss investment opportunities and potential cooperation, while showcasing major Damietta Port development projects and the port’s expanding operational and logistics capabilities. The visit included a tour of the Tahya Misr 1 Container Terminal, which has an annual handling capacity of approximately 3.5 million TEUs.

The meeting was attended by Rear Admiral Dr. Ahmed Hamdy Abdel Aziz, Vice Chairman of Damietta Port Authority, alongside senior department heads and officials.

Discussions focused on opportunities for Egyptian-Canadian cooperation, ongoing infrastructure and superstructure developments, and initiatives supporting women’s empowerment, digital transformation and environmental protection.

Damietta Port Development Projects Offer Investment Opportunities

During the meeting, Abdallah welcomed the Canadian ambassador and his accompanying delegation, emphasizing the Authority’s interest in expanding cooperation with Canadian partners in areas of mutual interest.

He highlighted the major development projects underway at Damietta Port and the opportunities they present for investment and future partnerships.

The chairman pointed to the presence of Methanex Egypt at Damietta Port as an example of existing Canadian investment. He described the company’s presence as a foundation for exploring additional cooperation opportunities between Egyptian and Canadian stakeholders.

Following the meeting, the delegation received a presentation outlining the port’s principal terminals, competitive advantages and ongoing development projects.

The presentation covered infrastructure and superstructure improvements designed to strengthen the port’s operational and logistics capabilities. These projects form part of broader efforts to enhance Damietta Port’s capacity and competitiveness in maritime trade.

Canadian Ambassador Tours Tahya Misr 1 Container Terminal

A key highlight of the visit was a field tour of Damietta Port’s terminals and facilities, including the Tahya Misr 1 Container Terminal.

During the tour, terminal officials briefed Ambassador Shannon on the facility’s operational capabilities, infrastructure, equipment and competitive advantages. They also explained its role in supporting container-handling operations at the port.

Tahya Misr 1 is one of Damietta Port’s strategic development projects and represents a major addition to its container-handling infrastructure.

The terminal features approximately 1,970 meters of berths, with water depths reaching 18 meters. Its container-handling yards cover approximately 922,000 square meters, while its annual handling capacity reaches approximately 3.5 million TEUs.

These specifications strengthen the port’s capacity to accommodate container traffic and support maritime trade activities.

The development is also intended to enhance Damietta Port’s competitiveness at regional and international levels by expanding its container-handling capabilities and improving the infrastructure available to shipping lines and logistics operators.

The visit provided the Canadian delegation with an opportunity to examine the terminal’s facilities and understand its contribution to Damietta Port’s wider development program.

Port Authority Highlights Women’s Empowerment and Digital Transformation

Beyond infrastructure development, the meeting addressed Damietta Port Authority’s efforts to promote women’s empowerment and provide equal opportunities for female professionals.

Abdallah outlined the Authority’s approach to enabling qualified women to assume leadership and supervisory responsibilities in accordance with applicable laws and regulations.

He also highlighted the Authority’s community engagement activities and its role in supporting communities surrounding the port.

During the presentation, several female executives holding leadership positions within the Authority discussed ongoing initiatives to strengthen equal opportunities and expand women’s participation in management and supervisory roles.

They also presented the Authority’s efforts in automation, digital transformation and improving internal operating procedures.

Environmental protection formed another part of the discussions, with the delegation receiving an overview of the Authority’s initiatives in this area.

These presentations demonstrated the range of activities being undertaken alongside the port’s physical infrastructure development, including administrative modernization, workforce development and environmental management.

Egypt and Canada Explore Further Maritime Cooperation

At the conclusion of the visit, Ambassador Shannon expressed appreciation for the reception and praised Damietta Port’s operational and logistics capabilities.

He also acknowledged the scale of the port’s development projects and the infrastructure available to support maritime and logistics activities.

The ambassador expressed particular interest in the Authority’s initiatives concerning women’s empowerment, digital transformation and environmental protection.

He emphasized the importance of exchanging expertise and exploring additional cooperation opportunities that could serve the mutual interests of Egypt and Canada.

The visit formed part of efforts to introduce Canadian representatives to Damietta Port’s current and future capabilities, ongoing development projects and available investment opportunities.

With major infrastructure investments underway and Tahya Misr 1 expanding the port’s container-handling capabilities, the discussions highlighted opportunities for further engagement between Damietta Port Authority and Canadian stakeholders.

Source: Damietta Port Authority

Shipping Arabia, October 19, 2026 – Lebanon’s Port of Tripoli has outlined development plans that include expanding and modernizing its existing container terminal, constructing a new container terminal, improving railway connectivity, and advancing digital transformation. The projects were presented during an official visit by U.S. Ambassador to Lebanon Michel Issa, as the port seeks to strengthen its position as a regional logistics hub in the Eastern Mediterranean.

The ambassador met with Port of Tripoli Chairman Iskandar Bandali and senior port officials, who presented the port’s operational capabilities, infrastructure projects, investment opportunities, and long-term development strategy.

The visit also included discussions on strengthening cooperation with American companies and attracting international investment to support the port’s modernization and competitiveness.

Port of Tripoli Development Plans Focus on Container Terminals and Rail Connectivity

The visit began with a meeting at the Port Administration Building, where officials presented the port’s operational and logistics capabilities, ongoing development initiatives, and key components of its master plan.

Alongside Chairman Iskandar Bandali, the meeting was attended by Vice Chairwoman Sarah Al Charif, Board Members Nour Alameddine and Maryam Eid, and Port Authority Director Ahmad Tamer.

During the discussions, Bandali highlighted the strategic advantages of the Port of Tripoli and its potential to become a major regional logistics hub serving the Eastern Mediterranean.

He outlined several development priorities, including the expansion and modernization of the existing container terminal and the construction of an additional container terminal.

The port’s development plans also include improving connectivity with the railway network and advancing digital transformation to strengthen operational capabilities.

These projects form part of the port administration’s wider vision to expand Tripoli’s role in maritime transport, logistics, and regional trade.

IMEC Connectivity and Investment Opportunities

Bandali also emphasized the importance of the Port of Tripoli’s accession to the IMEC Ports Club Declaration, associated with the India–Middle East–Europe Economic Corridor (IMEC).

The initiative formed part of the discussions concerning the port’s future development and its ambitions to strengthen international connectivity.

Furthermore, the chairman highlighted opportunities for cooperation with American companies, stressing the importance of attracting investment to develop port infrastructure and improve competitiveness.

The discussions addressed potential international partnerships and the role of investment in supporting the port’s long-term infrastructure and logistics development.

CMA CGM Representatives Join Container Terminal Tour

Following the meeting, Ambassador Issa toured the Port of Tripoli’s container terminal, accompanied by representatives of CMA CGM.

The shipping group’s representatives included Charles Assaf, Joseph Tawk, and Rami Mortada.

During the field visit, port officials briefed the ambassador on the terminal’s operations, handling capabilities, and supporting infrastructure.

Particular attention was given to the container scanning system and its role in improving cargo inspection efficiency and facilitating the movement of goods through the terminal.

The tour provided an opportunity to review the terminal’s operational capabilities alongside the broader infrastructure development plans presented by the port administration.

U.S. Ambassador Highlights Development Potential of Tripoli and Beirut Ports

Ambassador Michel Issa welcomed the opportunity to visit the Port of Tripoli and commended the commitment of its Board of Directors and employees.

He also expressed appreciation for the development projects and future plans presented during the meeting.

The ambassador emphasized that both the Port of Tripoli and the Port of Beirut have significant development potential. He expressed optimism about Tripoli’s future and the opportunities available to strengthen its economic and logistics role in the region.

The visit concluded with a shared emphasis on developing port infrastructure and logistics services, encouraging investment, and expanding international partnerships.

According to the Port of Tripoli, these priorities are intended to support the Lebanese economy while strengthening the port’s position in regional and international trade.

Source: Port of Tripoli

Shipping Arabia, September 24, 2026 – Abu Dhabi sovereign investor ADQ has satisfied the conditions attached to its cash offer for the remaining shares of AD Ports Group, advancing a transaction that would bring the global ports, maritime and logistics group under full ownership.

ADQ, a wholly owned subsidiary of L’IMAD Holding, already holds 75.42% of AD Ports Group. The offer targets all shares not currently held by ADQ at AED 6.25 per share.

The offer represented a 23% premium to AD Ports Group’s closing share price of AED 5.10 on August 14 and a 95% premium to the AED 3.20 price at which the company listed on the Abu Dhabi Securities Exchange in February 2022.

AD Ports Group’s Board of Directors recommended on August 26 that shareholders accept the offer following a fairness opinion from independent financial adviser HSBC Bank Middle East. The offer period had opened on August 18.

Under the transaction timetable, consideration is to be paid to participating shareholders within three business days after the offer becomes unconditional, with the acquired shares subsequently registered in ADQ’s name.

AD Ports Group has developed into an international integrated trade and logistics business spanning ports, economic cities and free zones, maritime and shipping, logistics and digital services, with operations across more than 50 countries. Its Ports Cluster oversees 38 ports and terminals globally.

The acquisition represents a significant ownership development for one of the Middle East’s fastest-expanding maritime and logistics groups, which has built an increasingly international portfolio across the Middle East, Africa, Europe and Asia.

Source: CNBC Arabia

Shipping Arabia, September 19, 2026 – Saudi Arabia has invested more than SAR 5.5 billion ($1.46 billion) in its ports during the regional disruption, as Jeddah Islamic Port and the Kingdom’s western coast absorb sharply higher vessel, truck and cargo volumes and take on a wider role in regional supply chains.

Saudi Ports Authority (Mawani) President Suliman bin Khalid Al-Mazroua said Jeddah and the western coast had developed into a major logistics platform serving Saudi Arabia and Gulf markets during the disruption.

Truck traffic at Jeddah Islamic Port has risen from around 2,000–2,500 vehicles per day to more than 10,000, alongside increased vessel activity. More than 34 shipping services operated by major global carriers, including Maersk and MSC, now call at the port.

Mawani has implemented 16 operational initiatives with government and customs authorities to increase the port’s readiness, while more than SAR 640 million has been invested in Jeddah over the past three months to strengthen its capacity to receive and handle containers moving by both sea and land.

Al-Mazroua said the western coast is increasingly operating as an integrated port network. Yanbu supports food-security cargo flows, King Abdullah Port contributes additional container and logistics capacity, while NEOM Port supports traffic arriving from Egypt, expanding the ability of Saudi ports to respond to changing regional trade patterns.

Transshipment activity has also increased, with volumes exceeding 370,000 containers over five months, while general and bulk cargo surpassed one million units. Mawani expects volumes to rise further by the end of the year as demand for port and logistics services continues to grow.

The next phase will include further port investment alongside the development of special economic zones and logistics zones across Saudi Arabia’s eastern and western ports, strengthening the Kingdom’s maritime and logistics infrastructure and its role in regional supply chains.

Source: Argaam

Shipping Arabia, September 19, 2026 – UAE-based port and logistics operator Gulftainer has expanded into Thailand through a strategic investment in Suksawat Terminal, marking the group’s entry into the Southeast Asian market.

Located on the Chao Phraya River south of Bangkok, Suksawat Terminal handles import and export cargo serving the Greater Bangkok area and provides connectivity with Laem Chabang, Thailand’s principal deep-sea port.

Gulftainer said the investment will support improvements in the terminal’s capacity, productivity and service offering, with the aim of strengthening logistics links between Thailand’s industrial centres and international markets.

The expansion represents a further step in the Sharjah-headquartered group’s international growth strategy and extends its operations into one of Southeast Asia’s major manufacturing and trading economies.

Gulftainer plans to leverage capabilities across its GT Ports, GT Logistics, GT Parks and GT Lines businesses as it develops an integrated trade and logistics platform in Thailand, connecting port operations with logistics, industrial infrastructure and maritime services.

The company said the investment is intended to improve supply chain efficiency and create additional opportunities for customers in Thailand and across the wider ASEAN region.

The move adds Southeast Asia to Gulftainer’s international footprint as the UAE-headquartered company continues to expand beyond its home market through investments in port, terminal and logistics infrastructure.

Source: Gulftainer