Affiliates Eurogate (29.5%) and Contship Italia (29.5%), with Hapag Lloyd (39%), Middle East Logistics & Consultants Group (1%) and Ship & C.R.E.W. Egypt S.A.E. (1%), are to develop a new container terminal at Damietta (DL 39/22). The new Terminal 2 (location) is to have a final capacity of 3.3 million TEU and is expected to start operations by 2024. The Nile River Delta port handles approximately 1.1 million TEU annually.