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Reading: Abbas quay in Port Said receives first vessel after renovation
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Dailynewsegypt > Blog > Business > Abbas quay in Port Said receives first vessel after renovation
Business

Abbas quay in Port Said receives first vessel after renovation

Daily News Egypt
Last updated: 2022/12/25 at 11:21 PM
By Daily News Egypt 3 Min Read
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The Suez Canal Economic Zone (SCZone) has completed the renovation and development of the Abbas quay in Port Said recently. The Orchid Madeira vessel was the first ship to berth at Abbas quay, after renovation, and it is also the first ship to be discharged at New Horizon Liquid Bulk Terminal.

The vessel was sailing from Shuaiba port at Kuwait loading 4000 MT Glycols produced by Equate Petrochemical.

This event coincides with the 30th anniversary of Life Chemicals Group, the Egyptian partner in the New Horizons Tank Terminal (NHTT).

The project is an Egyptian- Emirates partnership between Life Chemicals Group and Petrochem Middle East (PME). PME is the top Middle East distributor of liquid chemicals.

Maged Mohamed Shafik, the CEO of Life Chemicals, stated: “The project contributes to providing direct and indirect job opportunities, and also contributes to assisting Egyptian industrial companies in exporting their products at a competitive logistical cost for export development. The project also allows importing raw materials not produced in the Arab Republic of Egypt, but they are essential for industry and the development of the industry as well as the sector of Petroleum, especially the raw materials required for the production of natural gas.”

The total area of NHTT is 15,600 square meters, with a total storage capacity of 51,000 CBM, and it consists of 27 tanks of different capacities and 4 discharging and loading pipe lines having draft up to 16 meters.

The Terminal is equipped in accordance with the latest international systems in terms of safety, civil defence standards. We expect to handle more than 50-80 ships annually (exported and imported).

Shafik explained that Life Chemicals succeeded in providing essential chemical industries with the needs of high-quality products to meet the requirements of the Egyptian market and the domestic industries and help in penetrating new markets for the Egyptian product through exporting to various countries.

Life Chemicals is committed to provide the highest possible level of services and technical quality standards by obtaining ISO 9001, 14001, and 18001 certificates, he said.

Shafik stated: “Without the effort of the entire team and their cooperation, we would not have achieved what we have achieved. All our manpower are 100% Egyptians with their expertise that wonders our foreign partners and this reflects the value of the Egyptian workers who are trained and experienced in contributing directly and indirectly to the development of the Egyptian industry in various fields.”

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