The vessel, Orchid Madeira, is the first vessel to berth at the newly-renovated Abbas Quay, and it is also the first ship to be discharged at NHTT.
NHTT is a joint venture of Life Chemicals and Dubai, UAE-based Petrochem Middle East (PME) FZE, which claims to be the largest chemical distributor in the Middle East And Africa.
The Suez Canal Zone (SCZone) Authority developed a tank farm at Abbas Quay to enhance cooperation with the private sector.
The vessel's origin was Shuaiba Port, Kuwait. Its cargo is 4,000 metric tonnes of glycols produced by Equate Petrochemical company.
NHTT's 27 tanks are planned to have a total chemical storage capacity of 35,000 m³, according to geotechnical solutions specialist Keller, which developed the site for the project.
Life Chemicals CEO, Eng. Maged Mohamed Shafik, said that NHTT would provide new direct and indirect job opportunities for Egyptians and would also assist Egyptian industrial companies in exporting their products as well as in the import of raw materials not produced in Egypt, in particular raw materials required for the production of natural gas.
According to a 2018 newsletter published by the National Bank of Egypt, the Suez Canal Economic Zone signed an agreement with NHTT for the construction of a liquid bulk terminal on an area of 11,500 m2 in West Port Said Port. “The terminal will house 30 tanks with a total storage capacity of 35,000 m³ and an estimated cost of $9 million,” it said.
Life Chemicals Group is celebrating its 30th anniversary this year.
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