Suez Canal Container Terminal
|Headquarters||Port Fuad, Egypt|
Klaus Hom Laursen (CEO)|
Jan Buijze (COO)
Suez Canal Container Terminal (SCCT) (Arabic: شركة قناة السويس للحاويات) is a container terminal located at Port Said East and functions as a transshipment centre for the Eastern Mediterranean at the northern entrance to the Suez Canal. The terminal has been operational since October 2004. Suez Canal Container Terminal (SCCT) is a private joint venture company that obtained the concession to build, operate, and manage this new terminal. The majority (55%) shareholding of SCCT is held by APM Terminals. 20% of the shares are held by COSCO, 10% are held by Suez Canal & Affiliates, 5% by the National Bank of Egypt (NBE), and the remaining 10% are held by the Egyptian private sector.
The Egyptian government signed a concession agreement for a term of 30 years in relation to the need for a container terminal in Port Said. In 2002, Egypt ratified an additional concession agreement, following earlier approval of terminal design in 2001.
Construction on the SCCT first started in 2003, and a target date of October 1 of the following year was established. The Suez Canal Container Terminal became operational in October 2004.
- El-Bastawisy, Magdy M. (1 January 2016). "Incorporating Local Urban Environmental Conservation and Regional Development: Port Fouad, Egypt" (PDF). Procedia Environmental Sciences. Elsevier. pp. 271–284. doi:10.1016/j.proenv.2016.04.025.
- "SCCT - SUEZ CANAL CONTAINER TERMINAL". Retrieved September 30, 2011.
- "E-Logi.net Suez Canal Container Terminal (SCCT) signs concession agreement for Phase II of the East Port Said terminal development". September 9, 2007. Retrieved September 30, 2011.