To alleviate this problem and in cooperation with the Suez Canal Authority, PSCCHC has undertaken a development programme that is being carried out in three phases. The programme includes dredging alongside the current main container quay to increase its depth from 14 m to 16 m, and its draft from 13.2 m to 14.6 m allowing it to handle latest-generation container vessels.
The first two phases have been completed and with the third well underway, PSCCHC is proud of the fact that all works have been carried out without any negligible on terminal operations.
Another part of the programme involved the acquisition of eight, three tonne capacity “G. C. Power” forklifts which will be used “to provide the best possible services to the client.”
There are also plans to establish a new container terminal at East Port Said with a 1,200 m quay and a depth of 17 m. The facility is expected to cost in the region of US$650m and to begin operations in the next 3–5 years. It will be owned 75% by state-owned container handling companies and 25% by foreign parties. Once completed, PSCCHC’s capacity will be closer to 3.5m teu.
Port Said is now the third biggest container port in the Mediterranean, behind Valencia and Algeciras in Spain.