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Unexpected huge volumes at DP World Sokhna Port
DUBAI — DP World Sokhna port experienced an unexpected huge volumes in the last five months, causing congestion at the container terminal and adversely impacting the customers.
In a statement on Wednesday, the management of DP World Sokhna said: “In the last five months of this year, DP World Sokhna experienced unexpected huge volumes which reached a 60 per cent increase in import cargo and an 88 per cent increase in export volumes compared with the same period last year.Those volumes are exceeding the spaces available on vessels calling at Sokhna, causing congestion at the container terminal, adversely impacting customers.”
Clarifying a media report in Egyptian media, the statement said DP World Sokhna management is working constructively to resolve the issue.
“Contrary to one media report, there is no conflict whatsoever with the Egyptian Government; indeed we are working co-operatively and constructively with the Egyptian Government and the port authorities to immediately solve the issue.The needs of customers are uppermost in all our minds,” the statement concluded.
Sokhna is Egypt’s first deep sea port and has facilities to accommodate large container vessels of over 8,000 TEUs and bulk carriers of up to 150,000 DWT. It is considered most modern and first automated port in Egypt.
DP World made its foray into the Egyptian market in February 2008 by acquiring a controlling stake in Sokhna Port Development Company for $670 million. The remaining 10 per cent shares remain with Amiral Holdings Limited.
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