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Sunday, 16 October 2022

Suez Canal to launch bunkering, catering services in the new year

The Suez Canal wants to be a one-stop ship shop come 2023: The Suez Canal Economic Zone (SCZone) will provide up new services to ships including bunkering and catering starting from the first quarter of next year, SCZone head Walid Gamal El Din told Enterprise, confirming a story first reported by state-run outlet MENA.

Bunkering firms are on probation: The bunkering licenses handed to Coral Energy, Minerva Bunkering, and Peninsula companies in February will only last a year, Gamal El Din said. The authority will then review the firms’ performance and see whether it needs to issue new licenses, he added. The three firms were awarded four licenses — two on the Red Sea and two on the Mediterranean — following a tender in February. The SCZone first announced plans to launch the new marine services back in January, as part of its 2020-2050 strategy.

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