June 15 2020
Booming start to 2020 as SCCT invests for the future
Originally published in Issue 76 of Business Focus Magazine
Strategically located at the mouth of the famous Suez Canal, the Suez Canal Container Terminal offers zero deviation from one of the busiest shipping lanes on the planet, with a unique level of access to key markets in the South & East Mediterranean and Egypt.
We’re located on the east side of the canal facing both the canal and the Mediterranean Sea,” explains the company’s CEO, Lars Vang Christensen. “It’s a fantastic location. World trade is passing by every day.”
Following the completion of a recent dredging project, the terminal has a draft of 17.5 metres, while the facility as a whole boasts 18 super-post Panamax cranes, six of which have a lifting height above quay of 52.5 MT with max spreader outreach going beyond 24+ rows. Ensuring the ability to handle the largest containerships in the industry. By Q3 2021, six more cranes will be heightened, ensuring the terminal has the capability to serve two mega vessels simultaneously.
“We’re a strategic HUB terminal within the Maersk network. We connect various locations in the Mediterranean to the East-West trade lane, while also meeting the needs of exporters and importers of Egypt,” Christensen points out. “Our goal is to be the ‘best in class’ transhipment terminal operator and also a key gateway terminal for Egypt. We’re a diversified business.”
A storied history
As an international cargo HUB that’s been operating for most of this century so far, the Suez Canal Container Terminal is no stranger to political, economic and other global and local disruptions to the way they do business, having weathered the 2008 credit crunch and the fallout from the Arab Spring.
Read more in Business Focus Magazine.