Maersk To Establish Clean Fuels For Ships In Egypt

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Egypt’s President Abdel Fattah al-Sisi has directed the government to cooperate with AP Moeller-Maersk to establish a network to produce and distribute green energy and clean fuels for ships, says an article published on Reuters.

Ship investments

Maersk Chief Executive Soren Skou discussed with Sisi during their meeting a project to produce clean fuel for ships with investments of $15 billion, the statement added.

Immediate details

There were no immediate details on the mechanism of the cooperation.

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Source: Reuters

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