Egypt to Cooperate with Maersk on Clean Bunker Fuels

Monday, September 19, 2022

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)

Categories: Containerships Bunkering Alternative Fuels

Related Stories

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

MSC: How the World’s Largest Boxship Fleet Squeezes More Miles from Every Molecule

Venezuela Authorizes Two Unsanctioned VLCCs to Depart

Current News

Baku Port Handles 37% More Containers in 2025

International Flag-State Association Looks to Advancing Role in Policymaking

The Northwest Seaport Alliance Retires Two Legacy Cranes from Terminal 7

Barbara Scheel Agersnap Steps Down as Copenhagen Malmö Port CEO

Subscribe for Maritime Logistics Professional E‑News