Suez Canal Container Terminal

{{Infobox company

| name = Suez Canal Container Terminal SCCT

| logo = SCCT Logo.JPG

| type = Private

| foundation = 2000

| location = Port Fuad, Egypt{{cite journal|last1=El-Bastawisy|first1=Magdy M.|title=Incorporating Local Urban Environmental Conservation and Regional Development: Port Fouad, Egypt|journal=Procedia Environmental Sciences|volume=34|publisher=Elsevier|pages=271–284|language=en|doi=10.1016/j.proenv.2016.04.025|date=1 January 2016|doi-access=free}}

| key_people = Lars Vang Christensen (CEO)
Mahmoud Ayoub (COO)

| industry = Transport, Terminals

| homepage = http://www.scct.com.eg/

}}

Suez Canal Container Terminal (SCCT) ({{langx|ar|شركة قناة السويس للحاويات}}) is a container terminal located at Port Said East and functions as a transshipment centre for the Eastern Mediterranean at the northern entrance to the Suez Canal. The terminal has been operational since October 2004. Suez Canal Container Terminal (SCCT) is a private joint venture company that obtained the concession to build, operate, and manage this new terminal. The majority (55%) shareholding of SCCT is held by APM Terminals. 20% of the shares are held by COSCO, 10% are held by Suez Canal & Affiliates, 5% by the National Bank of Egypt (NBE), and the remaining 10% are held by the Egyptian private sector.{{cite web | url=http://www.scct.com.eg/general_info.php | title=SCCT - SUEZ CANAL CONTAINER TERMINAL | accessdate=September 30, 2011}}

History

The Egyptian government signed a concession agreement for a term of 30 years in relation to the need for a container terminal in Port Said.{{citation needed|date=October 2011}} In 2002,{{citation needed|date=October 2011}} Egypt ratified an additional concession agreement, following earlier approval of terminal design in 2001.{{citation needed|date=October 2011}}

Construction on the SCCT first started in 2003,{{citation needed|date=October 2011}} and a target date of October 1 of the following year was established. The Suez Canal Container Terminal became operational in October 2004.

In 2007, the Egyptian government signed a concession agreement{{cite web | url=http://www.e-logi.net/?ID=382 | title=E-Logi.net Suez Canal Container Terminal (SCCT) signs concession agreement for Phase II of the East Port Said terminal development | date=September 9, 2007 | accessdate=September 30, 2011}} for the progression of "Phase II" of the SCCT facility.