Head of Maersk, Søren Skou, reviewed the plan to establish a project to produce clean fuel for ships in Egypt with investments of $15 billion, which will provide more than 100,000 job opportunities in various specialties.
The authority stated that the agreement aims to increase the rate of ships transiting the canal.
The meeting was through a 3 day-workshop began between the two sides in Cairo, followed by a visit for Maersk delegation to the integrated industrial zone in Sokhna, to discuss ways to implement projects of green methanol and green ammonia production.
Maersk Company holds $850 million of these investments.
Maersk to send the first shipping vessel through the Arctic route to collect data.
UPS suspended all shipping operations between Qatar, Egypt, Saudi Arabia, UAE and Bahrain.
Danish logistics group A.P. Moller-Maersk's Maersk Line has suspended shipments to Qatar, Al Arabiya satellite channel reported Tuesday.