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Monday, 4 December 2017

Gov’t promises to repeal port fee hikes brought back shipping alliance to East Port Said

Gov’t promises to repeal port fee hikes brought back shipping alliance to EastPort Said: It appears that the Transport Ministry won back an alliance of five shipping lines that had ceased East Port Said operations earlier this year by promising to repeal a decision to raise port fees by as much 100%, said Yang Ming Marine Transport’s Egypt shipping agent Mohamed Moselhy. He added that the alliance — made up of Yang Ming, Hapag-Lloyd, K Line, Mitsui O.S.K. Lines, and the NYK Group — had also been drawn back by other incentives such as a 50% break on Suez Canal port fees. Transport Minister Hisham Arafat had met with these shipping during a roadshow in Germany and London last week. Arafat tells Al Shorouk that the five lines will be back in East Port Said in three months’ time.

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