Egypt Edition 
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Egypt could play a key role in the maritime industry’s decarbonization
Egypt is becoming a leading hub for green fuel production, with significant potential for driving global maritime decarbonization efforts
Maersk, Actis make progress on Zafarana, Gabal El Zeit wind farms acquisition bids
The sale of the two facilities will bring hundreds of mns of USD into the state’s coffers
Shipping giants divert more Red Sea routes and seek overland alternatives
Hapag Lloyd will introduce a land corridor through Saudi Arabia, while Maersk has made adjustments to several of its services…
Chinese shipping giant Cosco suspends all shipping to Israel amid Houthi attacks
Cosco is the fourth largest shipping company in the world
Maersk once again pauses Red Sea traffic after another Houthi attack
US navy helicopters stepped in to retaliate, sinking three Houthi vessels and killing 10 militants
World’s largest shipping firms pause Red Sea transit
The move will likely push the price of freight globally, pushing global inflation with it
SFE hires consulting firm to advise on wind farm sales
The government expects to sell the Gabal El Zeit and Zafarana wind farms in 1Q 2024
Maersk signs framework agreement to acquire half of Zafarana wind farm
Maersk and the Egyptian government are still in negotiations regarding the value of the stake.
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