Al Sisi provides for a greater fuel supply to Port Said

Al Sisi provides for a greater fuel supply to Port Said

Editorial Staff
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The meeting between the Egyptian president and the chairman of the Suez Canal Authority and its economic zone was followed by an announcement regarding a new step in the bunkering initiative

The Egyptian president, Abdel Fatah al Sisi, ordered the creation of a company to provide a fuel supply (bunkering) to ships in Port Said. The announcement was made by the Egyptian presidency spokesman, Alaa Youssek, on his official Facebook page. This news follows the meeting held yesterday between Al Sisi and Mohab Mamish, chairman of the Suez Canal Authority and the Suez Canal Economic Zone (Sczone). "The company will be created as a partnership between SCZone, EGPC, the Port Said Chamber of Shipping and the private sector - says the press release -. This is a first step in the bunkering sector". The Suez Canal Authority intends to build five floating bridges in Port Said, to be opened officially in December, close to the Al Nasr Bridge. Income received by the Suez Canal grew by 2.2 percent between January and September 2017 compared to the same period of 2016. The announcement was made by the chairman of the Suez Canal Authority, Admiral Mohab Mamish, in a press release. According to Mamish, shipping traffic increased over the same period by 2.5 percent, with 12,934 ships passing through the Canal, compared with 12,613 in the same period of 2016.