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Egypt increases Banque du Caire stake to 45%

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Latakia Port Adds 6 Modern Cranes

Latakia Port Adds 6 Modern Cranes

The port of Latakia has received six modern fifth-generation bridge cranes, valued at over 16 million euros. This is part of the development plan for the container terminal to enhance its operational capacity, in line with the growth of maritime shipping activity and trade exchange. These cranes will help increase handling speed and reduce vessel dwell times, with an expected lifting capacity of the port to 120 containers per hour within two months. This step is part of a contract with the French company "CMA-CGM," which is investing 230 million euros to modernize and expand the port, aiming to strengthen Latakia's position as a major hub for maritime trade in Syria.

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