Egypt signed on Monday a Memorandum of Understanding (MoU) with Maersk in a joint bid to further accelerate the supply of green fuels for ships as part of the shipping industry’s transition to net-zero.
Egyptian Prime Minister Mostafa Madbouly witnessed the signing of the deal with the General Authority for Suez Canal Economic Zone (SCZone), the Egyptian New and Renewable Energy Authority (NREA), the Egyptian Electricity Transmission Company (EETC), the Sovereign Fund of Egypt for Investment and Development (TSFE), and Maersk.
