The General, Osama Rabi, the head of the Suez Canal Authority, is making a several-day external visit to the South Korean state, focusing mainly on researching ways to cooperate in the construction and manufacturing of ships and marine units in line with the recent trends to build environmentally-friendly marine units within the Green Canal strategy.

The Suez Canal Authority said, in an official statement, that the team, Osama Rabi, the head of the board, had held a meeting with the executive head of operations in the management of environmentally friendly systems to push and guide the marine units in the arsenal of Hyundai Heavy Industries, to explore ways of mutual cooperation in the construction of ships and various marine units, in the presence of the Egyptian Ambassador to South Korea, Mr. / Khaled Abdelrahman, on the sidelines of an inspection tour of Hyundai's arsenal in the city of Olsan, South Korea.

The body clarified that the meeting witnessed a discussion of ways to enhance future cooperation between arsenal and companies of the Suez Canal Authority and Hyundai arsenal for heavy industries.

The head of the authority clarified that the Suez Canal is taking great interest in following the recent trends to build clean energy ships and marine units within the authority’s direction to declare the Suez Canal the “Green Canal” by 2030, and that it intends to convert its marine units to clean energy in the future.
During the visit, Hyundai Armory Heavy Industries CEO of Operations, Mr. Park Jong Kook, reviewed the capabilities and capabilities of the arsenal, which is one of the largest shipbuilding arsenal in the world, and also gave a presentation on the modern eco-friendly construction technology used by the arsenal to build natural gas-powered ships and marine units, banner In this regard, Hyundai Arsenal has the experience in building the supply stations required to supply ships with natural gas.

Hyundai's Chief Operations Officer expressed his look forward to strengthening cooperation with the Suez Canal Authority and its subsidiary arsenal, stating that the future holds promising opportunities to build environmentally friendly ships and replace conventional fuel with clean energy and sustainable fuel, contributing towards achieving IMO’s goals to reduce carbon emissions from the shipping industry.

South Korea has been seeking for several years to pump in investments in excess of $1.5 billion to create an integrated naval arsenal designed to build massive commercial ships of various types and classes, including container ships, oil and gas tankers, alongside warships, to be located in the Rap-Literature Triangle near the southern entrance to the Suez Canal.
