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AD Ports Group and the Red Sea Ports Authority have signed agreements for a number of major port projects along Egypt’s coastline.
The first agreement will see AD Ports Group develop, operate and manage a multi-purpose terminal in Safaga Port, in a consortium with the Red Sea Ports Authority and the Egyptian Group for Multipurpose Terminals Company, the commercial arm of the Egyptian Ministry of Transportation.
The multi-purpose terminal project in Safaga Port is an important national project due to its strategic location on the Red Sea. Upon completion in 2024, the terminal will offer berths of up to 1000 m in length, capable of handling a wide range of general, dry and liquid bulk cargo types.
As part of the agreement, the new joint venture will provide port users with a number of marine services, including vessel traffic management, dangerous goods control, provision of navigation aids, fire prevention and firefighting, anchorage, dredging, as well as pilotage, towage, and mooring and unmooring solutions.
The second agreement covers the development, operation, and management of cruise ship berths and terminals at Sharm El Sheikh, Hurghada and Safaga ports. In addition, AD Ports Group will develop plans for cruise ship lines linking Abu Dhabi, Hurghada, Sharm El Sheikh and Aqaba.
The agreements are the latest in a series between AD Ports Group and maritime organisations in Egypt, including an agreement with the Egyptian Group for Multipurpose Terminals for the joint development and operation of Egypt’s Ain Sokhna Port.
