Africa: Egypt reinvents its naval fleet with Hyundai Heavy Industries
Egypt currently possesses the most powerful navy in Africa, boasting approximately 10 submarines and a fleet of nearly 140 ships. The country is undergoing a fleet modernization process and is considering investing in more advanced naval construction technologies to strengthen its regional maritime position.
Furthermore, Egypt has set an ambitious goal to transform the Suez Canal into a Green Canal by 2030, aligning with international environmental standards and sustainability requirements.
This initiative involves a significant reduction in carbon emissions from the canal and promoting the use of clean fuels, while maintaining the strategic importance of this major waterway.
To achieve this vision, Egypt is seeking to establish a strong partnership with Hyundai Heavy Industries, one of the leading shipbuilding companies globally, to implement innovative projects aimed at making maritime transport more environmentally friendly.
Through this strategic collaboration, Egypt aims to develop ships and marine equipment powered by clean energy by 2030, thereby contributing to reducing the carbon footprint of the maritime sector in the region.
The country is striving to remain at the forefront of the industry by constructing environmentally friendly ships and marine equipment, including promoting the use of natural gas as an energy source and integrating advanced technologies for more efficient and sustainable navigation.
