Arab Finance: The General Authority of the Suez Canal Economic Zone (SCZone) has signed a cooperation agreement with the Petroleum Services Company for Safety and Environment (PetroSafe) to combat marine oil spills across all ports affiliated with the SCZone, as per a statement.
The cooperation focuses on strengthening environmental protection measures, particularly in the area of marine oil spills, in line with SCZone's broader efforts to implement sustainable development and adhere to the highest environmental standards.
Under the agreement, Petrosafe will be responsible for implementing preventive measures to secure the loading and unloading of petroleum products in the southern ports of the SCZone.
Additionally, the company will be on hand for rapid intervention in the event of marine oil spill incidents, mitigating their negative environmental and economic impact.
SCZone's chairman Waleid Gamal El-Dein emphasized that this initiative is part of a comprehensive strategy to position the zone as a global hub for renewable energy and eco-friendly practices.
He also highlighted the importance of preserving the marine environment, noting that it is a critical component of the national economy.