A.P. Moller – Maersk and the Suez Canal Authority (SCA) have signed a $500 million deal for the development of the Suez Canal Container Terminal (SCCT) in East Port Said.
The investment includes a new 1,000-meter container berth adjacent to the existing 500-meter one, as well as additional cranes to bring the total to 30, all powered by electricity instead of diesel. Investing in electrical cranes forms part of the company’s plan to reduce the terminal’s emissions and transform it into a green terminal by the end of 2030.