Canal Shipping Agencies Co.
EEGX:CSAG34.79
EGP
-0.11
(-0.32%)
ISIN
EGS44031C010
Return %
Stock
S&P 500
1Y
5.42
14.20
3Y
95.01
81.12
5Y
221.53
68.34
Capital Structure
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- CEO
- Mohammad Mohammad Hosni Al Husseini
- Sector
- Transportation
- Industry
- Other transportation
- Address
- Port Said Egypt
- IPO Date
- Feb 2, 1997
- Website
- canalshipping.net
- Similar Companies
- Business
- Canal Shipping Agencies Co. is an Egypt-based public shareholding company primarily engaged in the provision of comprehensive marine shipping agency, maritime transport support, freight forwarding, and integrated logistics services for commercial vessels transiting the Suez Canal and calling at Egyptian seaports. Founded in 1965 and headquartered in Port Said, Egypt, the company operates as a subsidiary of the state-owned Holding Company for Maritime and Land Transport. The company structures its commercial activities through specialized operating agency divisions, including the Asswan, Assiut, Damanhour, and Cairo shipping agencies, alongside dedicated logistics and tourism units. Canal Shipping Agencies Co. offers an extensive portfolio of maritime and trade facilitation solutions, including full port agency representation and vessel husbandry for container ships, bulk carriers, oil and gas tankers, roll-on/roll-off vessels, and cruise liners; Suez Canal transit coordination, canal toll settlement, convoy scheduling, and transit escort supervision; stevedoring, cargo loading, unloading, and container freight station operations; ship provisioning, marine bunkering facilitation, fresh water supply, technical maintenance liaison, and crew change administration; customs clearance, cargo manifest processing, and regulatory documentation; bonded warehousing, dry storage, and container yard management; international and domestic freight forwarding, multimodal freight brokerage, and overland transport; and travel management, passenger ticketing, and maritime tourism excursion services. The company primarily caters to international ship owners, charterers, global container shipping lines, trading conglomerates, and freight forwarders operating across Mediterranean and Red Sea maritime corridors. In addition to its core operational agencies, the company maintains significant strategic equity holdings in essential Egyptian port infrastructure assets, comprising major ownership stakes in the Port Said Container and Cargo Handling Company and the Damietta Container and Cargo Handling Company. In recent operational developments, Canal Shipping Agencies Co. has advanced the digital modernization of its agency operations through complete integration with Egypt's National Single Window for Foreign Trade Facilitation (Nafeza) system, accelerating customs clearance and cargo handling turnaround. Additionally, the company has expanded its inland multimodal logistics and container transport footprint across major domestic trade corridors, scaled its vessel husbandry and bunkering support services to accommodate expanding traffic at Mediterranean and Red Sea hub ports, and strengthened operational coordination with its terminal handling affiliates to capitalize on modernized container terminal capacities and national supply chain enhancement initiatives.