Egypt Builds its First Ship Recycling Facility at Port of Damietta - The Maritime Executive
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Egypt is on course to establish the country’s first ship recycling facility. The Ministry of Transport’s Holding Co. for Maritime and Land Transport(HCMLT), this week signed a Memorandum of Understanding(MoU) with El Wehda Industrial Company for development of a shipbreaking yard at Damietta Port.
Egypt’s Transport Minister Kamel El-Wazir said the partnership is part of a presidential directive to boost public-private cooperation in the transport sector. It is aimed at developing the local iron and steel industry, which currently depends on imported scrap metal. This can now be replaced with locally sourced ship recycling materials.
The ship breaking facility expects to produce 1.5 million tons of scrap over a period of five years, which is equivalent to 66 percent of total scrap the local market requires for production of iron. Currently, Egypt produces about eight million tons of iron annually, against the licensed capacity of 16 million tons – due in part to absence of scrap in the local market. About three million tons of scrap is imported each year, but this is expected to decline with the input from the ship recycling yard.
The facility will cover an area spanning 155,000 square meters, situated in the west of Damietta Port’s western barrier. The project will also include construction of a 1.5 kilometer sea barrier to prevent siltation. As a medium sized yard (categorized as those in the range of 50,000-500,000 square meters), it will have capacity to dismantle ships with a maximum length of 230 meters.
Egypt hopes to become a major ship recycling destination, leveraging its strategic position along major international shipping routes.
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Egypt Builds its First Ship Recycling Facility at Port of Damietta
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<p>Egypt is on course to establish the country’s first ship recycling facility. The Ministry of Transport’s Holding Co. for Maritime and Land Transport(HCMLT), this week signed a Memorandum of Understanding(MoU) with El Wehda Industrial Company for development of a shipbreaking yard at Damietta Port.</p>
<p>Egypt’s Transport Minister Kamel El-Wazir said the partnership is part of a presidential directive to boost public-private cooperation in the transport sector. It is aimed at developing the local iron and steel industry, which currently depends on imported scrap metal. This can now be replaced with locally sourced ship recycling materials.</p>
<p>The ship breaking facility expects to produce 1.5 million tons of scrap over a period of five years, which is equivalent to 66 percent of total scrap the local market requires for production of iron. Currently, Egypt produces about eight million tons of iron annually, against the licensed capacity of 16 million tons – due in part to absence of scrap in the local market. About three million tons of scrap is imported each year, but this is expected to decline with the input from the ship recycling yard.</p>
<p>The facility will cover an area spanning 155,000 square meters, situated in the west of Damietta Port’s western barrier. The project will also include construction of a 1.5 kilometer sea barrier to prevent siltation. As a medium sized yard (categorized as those in the range of 50,000-500,000 square meters), it will have capacity to dismantle ships with a maximum length of 230 meters.</p>
<p>Egypt hopes to become a major ship recycling destination, leveraging its strategic position along major international shipping routes. </p>
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<a href="https://maritime-executive.com/article/gaza-aid-pier-restored-after-rep…; target="_blank" class="font-firasans">Gaza Aid Pier Restored After Repairs as U.S. Plans to Increase Aid Flow</a>
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Published
Jun 7, 2024 7:10 PM by
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U.S. officials announced that after nearly two weeks of repairs, the temporary aid pier has been restored in Gaza. Speaking to reporters, Vice Admiral Brad Cooper, Commander of U.S. Naval Forces, said they were optimistic about increasing the flow of aid while politicians and others continue to criticize the efforts.
“I’m very pleased to announce that earlier this morning, in Gaza, U.S. forces successfully attached the temporary pier to the Gaza beach,” CNN reports Cooper told reporters. “Israeli Defense...
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<a href="https://maritime-executive.com/article/coast-guard-snares-nine-drug-smu…; target="_blank" class="font-firasans">Coast Guard Captures Nine Drug Smugglers with $7.4M in Cocaine</a>
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<p class="summary">
The U.S. Coast Guard is reporting a successful intervention this week that not only captured a significant amount of cocaine but also captured nine men operating the vessel smuggling the drugs. The entire haul was handed over to Drug Enforcement Administration authorities at Coast Guard Base San Juan, Puerto Rico, on Friday, June 7.
In the early morning hours of June 3, the crew of the Coast Guard Cutter Heriberto Hernández located a suspect vessel, approximately 75 nautical miles...
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<a href="https://maritime-executive.com/article/bankruptcy-court-approves-plan-f…; target="_blank" class="font-firasans">Bankruptcy Court Approves Plan for Sale of Hornblower </a>
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The bankruptcy plan for Hornblower Group has been approved by the U.S. Bankruptcy Court for the Southern District of Texas setting the stage for the company to emerge from the reorganizational bankruptcy filed in February. Under the plan, the company will be recapitalized with new ownership and will focus its operations on its tour boat and ferry operations after shedding its overnight cruise businesses.
“With the court’s approval of the plan, we are closer to emerging as a stronger...
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<a href="https://maritime-executive.com/article/calls-for-oversight-as-more-ship…; target="_blank" class="font-firasans">Calls for Oversight as More Ships Fail Inspections as Fire Risks Increase</a>
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Published
Jun 7, 2024 5:42 PM by
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<p class="summary">
The dangers of fire at sea persist and are growing as new cargoes including lithium-ion batteries, and alternative fuels, begin to become more prevalent. Survival Technology provider Survitec is highlighting the results of a new analysis that shows an “alarming increase” in fire-safety-related deficiencies found during Port State Control Inspections and subsequent ship detentions while calling for better oversight.
Despite fire continuing to be a leading cause of major shipping incidents, accounting for over 20 percent of total losses,...
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