This partnership will promote consistent engagement between both parties and facilitate information and expertise exchange.
He highlighted the aim to discuss mechanisms for boosting cooperation, as well as transit and marketing policies.
During a panel at the Global Logistics Forum, Rabie shared that recent statistics reveal a decline in vessel transit, with the number of ships passing through the canal dropping from 25,887 in the FY2022/2023 to 20,148 in FY2023/2024.
This sharp decline is attributed to ongoing Houthi attacks on vessels navigating the Red Sea, prompting many shipping lines to divert to safer routes, particularly around the Cape of Good Hope.
Both sides also discussed various topics concerning the enhancement of cooperation in maritime transport for passengers and goods.
