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Monday, 27 November 2017

Mamish, Arafat meet with shipping lines alliance to discuss returning to East Port Said Port

Suez Canal Economic Zone head Mohab Mamish and Transport Minister Hisham Arafat headed to Germany yesterday in hopes of winning back the five shipping lines that suspended their operations at the East Port Said Port earlier this year, Al Borsa reports. Hapag-Lloyd, K Line, Yang Ming Marine Transport, Mitsui O.S.K. Lines, and the NYK Group had announced in March they would cease operations at the port in response to the Transport Ministry’s decision to hike port fees by as much as 100%. K Line previously said that its return to the port would be contingent on the government agreeing to backtrack on the hike.

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