Maersk Signs One-Of-A-Kind Deal With Egypt To Promote Green Ship Recycling

Shipping Giant Maersk has signed an MOU with the Holding Company for Maritime and Land Transport, an Egyptian state-owned enterprise under the Ministry of Transport, to cooperate with green ship recycling in the Middle Eastern country. This is in line with international standards and part of the government’s efforts to be less dependent on imported scrap metal.

The agreement strives to create a sustainable environment and support the nation’s steel and scrap industry.

Deputy PM for Industrial Development & Ministry of Industry and Transport Kamel El-Wazir said that the project, in partnership with the Industri…

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