Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

Egypt to Cooperate with Maersk on Clean Bunker Fuels

September 19, 2022

© Val Traveller / Adobe Stock
© Val Traveller / Adobe Stock

Egypt's President Abdel Fattah al-Sisi has directed the government to cooperate with AP Moeller-Maersk to establish a network to produce and distribute green energy and clean fuels for ships, a presidency spokesperson said on Monday.

Maersk Chief Executive Soren Skou discussed with Sisi during their meeting a project to produce clean fuel for ships with investments of $15 billion, the statement added.

There were no immediate details on the mechanism of the cooperation.


(Reuters - Reporting by Moataz Mohamed; Editing by Jan Harvey)

Logistics News

By the Numbers: LR2 Demand Grows

By the Numbers: LR2 Demand Grows

Iran to Shut "Illegal" Hormuz Routes

Iran to Shut "Illegal" Hormuz Routes

Sunflower Oil Cargoes to India Face Disruptions Amidst Black Sea Tensions

Sunflower Oil Cargoes to India Face Disruptions Amidst Black Sea Tensions

Michelle Awad Elected as New Vice-Chair of the Halifax Port Authority Board of Directors

Michelle Awad Elected as New Vice-Chair of the Halifax Port Authority Board of Directors

Subscribe for Maritime Logistics Professional E‑News

US FAA: Boeing 737 MAX software bug poses no safety concern
Poland suspects Starlink fire as a sabotage
Increased security at US Fairford Air Base in England