Egypt is all set to establish the nation’s first vessel recycling facility.
This week, the Ministry of Transport’s Holding Co., dedicated to Maritime and Land Transport (abbreviated as HCMLT), signed a MoU with the El Wehda Industrial Company to develop a shipbreaking yard based in Damietta Port.
Kamel El-Wazir, the Egyptian Transport Minister, mentioned the collaboration is part of a presidential directive for boosting public-private associations in the...