THE international Chamber of Shipping (ICS) and the Suez Canal Authority (SCA) have signed a memorandum of understanding on issues impacting shipowners and the canal, reported Daily News Egypt.
The year-long commitment that was signed during a meeting at the SCA's head office will increase information sharing and negotiations on the movement of global trade through the canal. It will also open communication on long-term strategies for toll pricing, environmental protection, and decarbonisation.
This MoU represents a formalisation of dialogue between the ICS and SCA, with the two sides hoping it will lead to in-depth collaboration on operational and structural policies of the canal; the safety and security of transiting vessels; and enhancing pilotage, towing, and repair services.
The MoU follows a period of close cooperation between the two organisations, who have been in regular contact over the Covid crisis and during the grounding of the Ever Given in 2021.
Egypt is increasingly positioning itself as a key figure in the shipping sector's decarbonisation ahead of its hosting of the UN Conference of Parties on Climate Change (COP 27) in Sharm El-Sheikh this November.
A maritime delegation led by the ICS is scheduled to return to Egypt for the COP 27 to continue meaningful dialogue on the sector's transition to net-zero.
SeaNews Turkey
The year-long commitment that was signed during a meeting at the SCA's head office will increase information sharing and negotiations on the movement of global trade through the canal. It will also open communication on long-term strategies for toll pricing, environmental protection, and decarbonisation.
This MoU represents a formalisation of dialogue between the ICS and SCA, with the two sides hoping it will lead to in-depth collaboration on operational and structural policies of the canal; the safety and security of transiting vessels; and enhancing pilotage, towing, and repair services.
The MoU follows a period of close cooperation between the two organisations, who have been in regular contact over the Covid crisis and during the grounding of the Ever Given in 2021.
Egypt is increasingly positioning itself as a key figure in the shipping sector's decarbonisation ahead of its hosting of the UN Conference of Parties on Climate Change (COP 27) in Sharm El-Sheikh this November.
A maritime delegation led by the ICS is scheduled to return to Egypt for the COP 27 to continue meaningful dialogue on the sector's transition to net-zero.
SeaNews Turkey
