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.