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Kamel El-Wazir Inaugurates New Vessels for Egyptian Fleet
According to the ceremony for receiving the two ships, "Wadi Al-Nile" and "Wadi Al-Qamar," from the New Hantuong Chinese shipyard, the Egyptian Minister of Transport emphasized the importance of strengthening the plan to modernize the national commercial fleet and boost its competitive capabilities in regional and international markets. The two vessels, of the KAMSARMAX type with a capacity of 82,000 tons and a length of 229 meters, represent a significant step in developing Egypt's maritime fleet, contributing to the total owned ships reaching 16 vessels. This is part of a plan to acquire an additional 4 ships by 2028, raising the modernization rate to 54%. This initiative aligns with Egypt’s efforts to support economic development, achieve a target of transporting 30 million tons of cargo annually, and enhance its naval competitiveness through the adoption of modern technologies that improve efficiency and fleet sustainability.
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