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Shareholders Structure
Suez Canal Container Terminal (SCCT) is a private joint venture company which has obtained the concession to build, operate, and manage this new terminal. The majority (55%) shareholding of SCCT is held by APM Terminals. Various public and private interests hold the remaining shares.
Terminal Description Highlights:
SCCT has a quay length of 1,200 meters and an overall area of 60 hectares. In Phase One, Twelve Super post panamax Ship to Shore Gantry cranes will be placed, together with 37 yard cranes and other handling equipment. Initial draft is 16.5 meters increasable to 17.5 meters all will be doubledin Phase two .
Concession Agreement Highlight
The Government of Egypt is providing:
- All marine infrastructure.
- The quay wall.
- Access roads, railways up to boundary of terminal.
- Public utilities up to border of the terminal.
Suez Canal Container Terminal:
-Is designing and constructing the terminal, including civil works, paving, buildings and all utilities and road/railways within the terminal area.
-Is providing cranes and all other equipment.
-Is employing and training all staff.
-Operates the terminal as a multi-user facility for the length of the Concession Period.
Terminal Size:
-First phase based on 1200 meter quay wall.
-Second Phase add 1200 Meter quay wall, 2400 meter for phase I and II.
-SCCT first right of refusal for terminal beyond 2400 meters.
Concession Period:
-49 years Concession Agreement.
Others:
-SCCT is free to decide tariff, marketing and operation.
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About SCCT
