Egypt, Maersk To Cooperate On 15-Billion-USD Clean Fuels Project For Ships

Egypt, Maersk To Cooperate On 15-Billion-USD Clean Fuels Project For Ships

CAIRO, Sept 20 (NNN-MENA) – Egyptian President, Abdel-Fattah al-Sisi, yesterday, instructed the government to cooperate with Maersk, one of the world’s largest container shipping lines, to establish a network, to produce and distribute green energy and clean fuels for ships.

Sisi discussed with Maersk Chief Executive Officer, Soren Skou, “a project to produce clean fuel for ships, in Egypt, with investments of 15 billion U.S. dollars,” the Egyptian presidency said, in a statement.

The project will provide more than 100,000 job opportunities, it added.

They also discussed ways to strengthen cooperation between the Suez Canal Authority and Maersk, particularly in the areas of training, exchange of expertise, maritime transport, logistics, container handling terminals, and maritime services.– NNN-MENA  

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