Arab Finance: Alexandria Container and Cargo Handling Company (ALCN) has inked a container handling contract with OCEAN EXPRESS Co. as agent of the LINEA MESSINA shipping line, as per disclosure on October 19th.
After the service stabilizes, an increase in container handling from 800 to 1,000 twenty-foot equivalent units (TEUs) per month is anticipated.
Alexandria Container is an Egypt-based company that specializes in containers and cargo handling in Egyptian ports.