Egypt expands commercial navy with two giant cargo vessels
Why This Matters
Key context: <p>Egypt took a significant step in its bid to dominate Red Sea and Mediterranean trade routes on Friday, taking delivery of two massive 82,000-ton dry bulk carriers from China’s New Hantong Shipyard. The vessels—named the Wadi El-Nile and Wadi El-Qamar—were officially handed over to Egypt’s National Navigation Company (NNC) during a ceremony in China attended …</p> <p>The post <a href="https://www.egyptindependent.com/egypt-expands-commercial-navy-with-two-giant-cargo-vessels/">Egypt expands commercial navy with two giant cargo vessels</a> appeared first on <a href="https://www.egyptindependent.com">Egypt Independent</a>.</p> This development from egyptindependent.com highlights ongoing changes in the sector.
Egypt took a significant step in its bid to dominate Red Sea and Mediterranean trade routes on Friday, taking delivery of two massive 82,000-ton dry bulk carriers from China’s New Hantong Shipyard. The vessels—named the Wadi El-Nile and Wadi El-Qamar—were officially handed over to Egypt’s National Navigation Company (NNC) during a ceremony in China attended … The post Egypt expands commercial navy with two giant cargo vessels appeared first on Egypt Independent.
Curation & Context
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