Egypt edges closer to national maritime decarbonization plan

As disclosed, the NAP is being crafted with support from the International Maritime Organization’s (IMO) GreenVoyage2050 program, a technical cooperation kickstarted by the IMO to help developing nations slash GHG emissions from shipping, in line with the 2023 IMO GHG Strategy.

As informed, during a recent meeting in Alexandria—which was co-organized by the Egyptian Maritime Transport and Logistics Sector— a number of maritime and energy sector stakeholders held discussions on creating a shared national vision, identifying priority actions, examining financing opportunities and ‘bolstering’ capacity-building efforts for the country’s maritime decarbonization journey.

Breakout sessions on shipping, ports, and energy reportedly also underlined sector-specific challenges and opportunities, with cross-cutting discussions that revolved around regulations and their implementation.

In addition to this, according to the IMO, the meeting attendees committed to inter-agency cooperation and stakeholder engagement in the formulation of the NAP, the draft framework of which is anticipated to be unveiled for consultation later this year.

Speaking about this development, Subaskar Sitsabeshan, Programme Officer at the GreenVoyage2050 initiative, highlighted: “Egypt’s leadership in green shipping, anchored by the Suez Canal, has the power to shape sustainable trade routes far beyond its borders. This transition is a strategic economic opportunity that can attract investment, build capacity, and strengthen the resilience of Egypt’s maritime sector.”