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Kamal El-Wazir to Expand Petroleum Fleet
Minister of Transport, Kamel El-Wazir, ordered the enhancement of the Petroleum Carriers Company's fleet through the purchase of a new tanker and the construction of another of the Aframax class, aiming to support the company's capabilities and achieve comprehensive development of the maritime fleet. This step is part of the Egyptian government's plan to increase the number of state-owned ships to 40 by 2030, in order to strengthen external freight transportation and boost competitiveness in international markets. The minister also indicated that developing the fleet contributes to improving the efficiency of maritime transportation operations, while adhering to the highest safety and quality standards and ensuring environmental sustainability.
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