What lies behind AD Ports Group’s investment in Egypt?

AD Ports Group has entered into a framework agreement with the Egyptian government to investigate the possibility of employing a Build-Operate-Transfer (BOT) model for a new economic zone at East Port Said.

This collaboration with the Suez Canal Economic Zone (SC Zone) aims to establish and manage the East Port Said Industrial Zone, which is advantageously located near the Mediterranean entry to the Suez Canal.

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https://container-news.com/what-lies-behind-ad-ports-groups-investment-in-egypt/

AD Ports and Egypt to develop industrial zone in East Port Said

AD Ports Group announced the signing of a framework agreement with the Egyptian government to explore the Build-Operate-Transfer (BOT) process of an economic zone in East Port Said.

The signing ceremony took place at the Egyptian Cabinet headquarters in the New Administrative Capital, Cairo, attended by Dr. Mostafa Madbouly, Egypt’s Prime Minister; Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology; Lieutenant General Engineer Kamel Al-Wazir, Egyptian Minister of Industry and...

https://container-news.com/ad-ports-and-egypt-to-develop-industrial-zone-in-east-port-said/

SCZONE signs US$1.1 billion deal for green bunkering in East Port Said

On the sidelines of the participation of the General Authority of the Suez Canal Economic Zone (SCZONE) in the Climate Summit COP28, chairman of SCZONE Waleid Gamal El-Dien, head of the Egyptian Minister of Petroleum’s Technical Office Eng. Alaa Hagar and CEO of Scatec ASA Terje Pilskog signed an MoU aimed at issuing a license to practice the activity of ships’ bunkering with green fuel for Scatec in Egypt’s East Port Said.

The investment cost is about US$1.1 billion (including investments in...

https://container-news.com/sczone-signs-us1-1-billion-deal-for-green-bunkering-in-east-port-said/

PHOTOS: World’s 1st green methanol-powered boxship receives methanol in Egypt

The world’s first containership powered by green methanol, owned by Danish shipping giant A.P. Moller Maersk, has been bunkered with green methanol for the first time in Egypt.

The post PHOTOS: World’s 1st green methanol-powered boxship receives methanol in Egypt appeared first on Offshore Energy.

https://www.offshore-energy.biz/photos-worlds-1st-green-methanol-powered-boxship-receives-methanol-in-egypt/