The general assembly of Port Said Container & Cargo Handling Company announced its 2015/2016 fiscal year results, the company achieved net revenues average of 623 million pounds. Net profits averaged 45 million pounds against 302 million pounds in the previous fiscal year, representing a growth of about 15%. The company also achieved an unprecedented boom in cargo handling field where 485 thousand tons were handled against 285 thousand tons in the previous fiscal year, representing a growth of 70%.
It also reviewed the most important development projects achieved: – Developing and deepening the container quay with length 950 m and depth 16 m and was able to receive the giant container ships with draft up to 14.6 m from the south and 14.5 m from the north. Adding 172000 m2 to terminal yards to become the 572000 m2. The new yard opened and operated for container handling & it has been provided with (6) RTG’s and planned for adding another (6) RTG’s. Purchasing (2) quay gantry crane (STS) with length 58m capable of handling containers until 22 row on board the ship. Besides, 2 truck cranes 30 & 70 ton, (10) port tractors and (10) trailers.
