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Monday, 19 March 2018

Shipping lines alliance’s return to East Port Said Port not yet final

Shipping lines alliance’s return to East Port Said Port not yet final: The alliance of five shipping lines that had stopped operations in East Port Said operations last year over fee hikes has yet to finalize its return to the port, Yang Ming Marine Transport’s Egypt shipping agent, Mohamed Moselhy, tells Al Mal. A delegation from the alliance — made up of Yang Ming, Hapag-Lloyd, K Line, Mitsui O.S.K. Lines, and the NYK Group — is expected to visit Egypt in April or May to continue talks on its return to the port, according to Moselhy. Suez Canal Authority chief Mohab Mamish had claimed in November that he and Transport Minister Hisham Arafat had convinced the shipping lines to return and that the fee increases were necessary. Moselhy later said that Mamish and Arafat had promised to repeal the decision to raise port fees.

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