Port Said Port Authority

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The Port Said Port Authority (PSPA) is a government agency of Egypt, charged with the responsibility to govern, regulate and develop the port facilities in the vicinity of Port Said in the Mediterranean Sea, on the northern terminus of the Suez Canal. [1] Principal port areas of Port Said include:

A government or state agency, sometimes an appointed commission, is a permanent or semi-permanent organization in the machinery of government that is responsible for the oversight and administration of specific functions, such as an intelligence agency. There is a notable variety of agency types. Although usage differs, a government agency is normally distinct both from a department or ministry, and other types of public body established by government. The functions of an agency are normally executive in character, since different types of organizations are most often constituted in an advisory role—this distinction is often blurred in practice however.

Egypt Country spanning North Africa and Southwest Asia

Egypt, officially the Arab Republic of Egypt, is a country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula. Egypt is a Mediterranean country bordered by the Gaza Strip and Israel to the northeast, the Gulf of Aqaba and the Red Sea to the east, Sudan to the south, and Libya to the west. Across the Gulf of Aqaba lies Jordan, across the Red Sea lies Saudi Arabia, and across the Mediterranean lie Greece, Turkey and Cyprus, although none share a land border with Egypt.

Port maritime commercial facility

A port is a maritime commercial facility which may comprise one or more wharves where ships may dock to load and discharge passengers and cargo. Although usually situated on a sea coast or estuary, some ports, such as Hamburg, Manchester and Duluth, are many miles inland, with access from the sea via river or canal.

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The original port at Port Said was built in 1859, expanding gradually by the decade. After the October 1973 War many ships began to call and the government of Egypt experienced a rise in contractual penalties it had to pay to shipping companies due to tardy service and congestion at the harbour. Consequently, its facilities began a period of great expansion. Today it is a competitive world port. [2]

Port Said East Port is the location of the new, modern Suez Canal Container Terminal.

Suez Canal Container Terminal suez canal

Suez Canal Container Terminal (SCCT) is a container terminal located at Port Said East and functions as a transshipment centre for the Eastern Mediterranean at the northern entrance to the Suez Canal. The terminal has been operational since October 2004. Suez Canal Container Terminal (SCCT) is a private joint venture company that obtained the concession to build, operate, and manage this new terminal. The majority (55%) shareholding of SCCT is held by APM Terminals. 20% of the shares are held by COSCO, 10% are held by Suez Canal & Affiliates, 5% by the National Bank of Egypt (NBE), and the remaining 10% are held by the Egyptian private sector.

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References

  1. ↑ PSPA, Port Said Port
  2. ↑ PSPA, PSPA in Brief, Historical background
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