Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, has witnessed the signing of a significant contract for the construction of two new bulk cargo ships between a state-owned Egyptian maritime transport company and a leading Chinese shipyard.
According to TV BRICS, the agreement is a key step in Egypt’s broader strategy, led by President Abdel Fattah Al-Sisi, to position the country as a regional hub for logistics, transportation, and transit trade. Central to this vision is revitalising the national commercial fleet to boost Egypt’s presence in global maritime commerce.
Minister Al-Wazir said that the new vessels will be constructed according to the latest international standards for environmental sustainability and technological innovation. Each ship will feature a fuel-efficient hull design, advanced emission-control systems, and modern navigation technologies, with a cargo capacity of 82,000 tonnes. The vessels are expected to be delivered in September and November 2028.
The contract marks another milestone in Egypt’s ongoing efforts to modernise its maritime sector. With these additions, Egypt will have introduced six new ships into its commercial fleet over the past three years, renewing more than half of its operational fleet, which currently consists of 18 vessels.
Al-Wazir also revealed that the government aims to expand its commercial fleet to 36 ships by 2030, reflecting Egypt’s determination to strengthen its maritime infrastructure and enhance its competitiveness in the international shipping industry.
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