UAE-based port operator the AD Ports Group, Egyptian container shipping line Transmar, and Cairo-based Orascom Construction have entered into a memorandum of understanding (MOU) for the development of a green methanol storage, export, and bunkering facility in the Suez Canal area. The AD Ports...
AD Ports Group, a global trade, logistics, and industry facilitator, has signed a Memorandum of Understanding (MoU) with Transmar, a leading container shipping line and terminal operator in the MENA region, and Orascom Construction, a prominent global engineering and construction contractor.
The MoU outlines the development of a green methanol storage and export facility aimed at supplying low-carbon fuel for maritime transport and establishing clean alternative energy storage solutions...
https://container-news.com/consortium-inks-mou-to-develop-green-methanol-facility-in-egypt/