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Hapag-Lloyd is set to grow its nascent terminal network, signing a deal with the Egyptian government and German terminal operator Eurogate to develop a new facility in the port of Damietta.

Damietta’s new Terminal 2 will have an annual handling capacity of 3.3m teu, with its first phase scheduled to open in 2024, slated to become Hapag-Lloyd and its THE Alliance partners’ prime east Mediterranean transhipment hub.

According to the eeSea liner database, THE Alliance’s MD1 Asia-Mediterranean service, deploying 11 ships of ...

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