Maritime

Introduction

Shalakany advises domestic and international clients across the maritime, ports and terminals sector, with experience spanning port infrastructure, terminal development and operations, concessions, BOT structures, marine services, vessel-related arrangements and project financing. The Firm supports clients on the drafting, negotiation and review of complex commercial and operational agreements, as well as regulatory matters connected with strategically important maritime and port projects in Egypt.

Major Cases

• Shalakany is acting for Toyota Tsusho and other members of a consortium that on a concession agreement with the Suez Canal Zone Authority to build, operate and manage the first roll on roll off terminal in Egypt.
• The Firm acted on behalf of DP World FZE and provided all legal assistance required in relation to a joint venture with one of the major companies operating port facilities in Egypt for a tendering on a bid launched by the General Port Authority in Egypt. The project involved the design, constructions, operation, maintenance and transfer of a container terminal at a strategic port in Egypt under a BOT system.
• The firm acted for Arab Petroleum Pipelines Company (SUMED) in the purchase of two rotor tugs for operating FSRU operations at Ain El Soukhna terminal on the Red Sea for a value of over USD 45 million.
• The Firm acted as Egyptian legal advisers for the European Bank for Reconstruction and Development (EBRD) in relation to a USD 44 million financing to an Egyptian Company to finance the construction of a port terminal providing liquid bulk petroleum products handling, as well as storage/bunkering and blending services under a Build-Operate Transfer scheme in East Port Said in Egypt.
• Shalakany served as legal counsel to Boluda Towage Egypt in its strategic service agreement with the Egyptian Ministry of Defense, represented by the Navy Forces. This agreement enabled Boluda to launch marine tug operations at the port of Abu Qir in January 2024. Shalakany’s involvement was instrumental in ensuring regulatory compliance and contractual precision, reinforcing our expertise in high-stakes international partnerships and critical infrastructure projects.
• The Firm acted for Gavilon (a subsidiary of Marubeni) in the contemplated acquisition of a holding company of a port and terminal asset in Egypt. We carried out extensive legal due diligence on the Egyptian subsidiaries and provided the full suite of transaction support required by the client.
• The Firm represented the Ministry of Transport and the Damietta Port Authority in relation to the concession agreement related to the Port of Damietta facility and other marine services.

Key Contacts

Adam El Shalakany

Senior Partner

Emad El Shalakany

Senior Counsel