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

Justin Gress Appointed as Chief Operating Officer at HDI Global US

JS Alliance Successfully Completes Indian Liquid Cargo Berth

CMA CGM, Asyad Plan $400m Terminal at Sohar Port

Current News

Justin Gress Appointed as Chief Operating Officer at HDI Global US

AD Ports to Advance Bunkering, Alternative Marine Fuels at Khalifa Port with IRH Global Trading

Is Hormuz Half-Open or Half-Closed? Tanker Rates on the Mend

Asyad, CMA CGM Partner on $400M Logistics Terminal in Oman

Subscribe for Maritime Logistics Professional E‑News