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

EU Grain Exporters Prepare for Increased Demand Amidst Black Sea Attacks

EU Grain Exporters Prepare for Increased Demand Amidst Black Sea Attacks

Port of Antwerp-Bruges Sees Decline in Goods in H1 2026

Port of Antwerp-Bruges Sees Decline in Goods in H1 2026

European Wheat Prices Jump to 17-Month High Amidst Renewed Black Sea Tensions

European Wheat Prices Jump to 17-Month High Amidst Renewed Black Sea Tensions

Ukraine to Protect Ports, Exports After Recent Russian Attacks

Ukraine to Protect Ports, Exports After Recent Russian Attacks

Subscribe for Maritime Logistics Professional E‑News

Carney: Canada won't share bridge tolls until US debt is repaid.
Sources say that Saudi Arabian-backed developer seeks World Cup Stadium investors
After the Iran crisis, airlines gradually resume Middle East service.