The Deputy Prime Minister for Industrial Development and Minister of Industry and Transport of Egypt, Kamel Al-Wazir, witnessed the signing of a contract for the construction of two new bulk cargo ships between a state-owned maritime transport entity and a leading Chinese shipyard. 

Minister Al-Wazir explained that the contract is part of Egypt’s broader strategy, as directed by President Abdel Fattah Al-Sisi, to establish the country as a regional centre for logistics, transportation, and transit trade, and to revitalise the national commercial fleet. This is reported by  Sada El-Balad, a partner of TV BRICS.

The vessels will be built to the latest international environmental and technological standards, featuring fuel-efficient hulls, advanced emission control systems, and modern navigation equipment. Each ship will have a cargo capacity of 82,000 tonnes, with delivery expected in September and November 2028.

The newly signed agreement marks a significant step forward, bringing the number of newly added ships to six within three years and modernising over half of the operational fleet, which now stands at 18 vessels, according to the source.

The Minister also noted that the government is implementing a comprehensive plan to increase the number of commercial ships across its maritime companies to 36 by the year 2030.

African Times published this article in partnership with International Media Network TV BRICS