Two 15-year agreements, a Memorandum of Understanding and three Head of Terms – were also signed with Egyptian authorities for multi-purpose, RoRo and cruise terminals, as well as logistics services across key Red Sea and Mediterranean ports.
AD Ports Group, the leading facilitator of global trade, logistics, and industry, has recently announced the signing of a concession agreement to develop and operate a multi-purpose port in Safaga in Egypt, in addition to signing of two 15-year agreements, a Memorandum of Understanding (MoU) and three Head of Terms (HoT) concerning ports located in Egypt’s Red Sea region and the Mediterranean Sea, enabling a major expansion of the Group’s activities into Egypt…. read more on maritimafrica.com
