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Suez Canal Economic Zone to enhance cooperation with MAERSK

Businessmen Team news 15 May 2025 03:44 PM
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Suez Canal Economic Zone to enhance cooperation with MAERSK

Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone (SCZone), met today, Thursday, at the Authority's headquarters in the New Administrative Capital with a high-level delegation from AP Moller MAERSK. Led by Camilla Jain, the company's Vice President and Head of Public Policy and Regulatory Affairs, they discussed enhancing cooperation in areas of mutual interest.

Gamal El-Din highlighted the Suez Canal Economic Zone's keen interest in deepening cooperation with Maersk. He emphasized the Authority's openness to global partnerships in logistics, green fuel production and handling, and ship bunkering. This is particularly relevant given Maersk's pioneering role in green maritime shipping and its adoption of carbon emission reduction policies.

He noted the SCZone's celebration of the first bunkering of Maersk's inaugural green fuel-powered vessel at East Port Said in 2023. Furthermore, he clarified that collaboration extends beyond maritime and shipping to include logistics zones and green fuel, where the integration of the Authority's ports, industrial and logistics areas, and strategic location offers a uniquely competitive cost for green fuel and bunkering. He also pointed out that the zone's diverse industrial activities provide Maersk with an additional opportunity to enhance global supply chain integration.

Maersk officials expressed their appreciation for the Authority's professionalism and transparency, valuing their partnership, particularly amidst current global trade challenges. They affirmed that their collaboration helps overcome obstacles and drives the company's progress towards greater development.