Suez Canal explores cooperation with China’s CSTC to develop shipyards, subsidiaries

Suez Canal Authority, China’s CSTC Explore Strategic Cooperation to Develop Maritime Industry

Chairman of the Suez Canal Authority (SCA) Osama Rabie met with Zhang Jinming, Vice President of China Shipbuilding Trading Company (CSTC), a subsidiary of the China State Shipbuilding Corporation (CSSC), one of the world’s largest shipbuilding conglomerates, to discuss potential cooperation in modernizing and developing the Authority’s shipyards and affiliated companies.

Suez Canal explores cooperation with China’s CSTC to develop shipyards, subsidiaries

Osama Rabie, Chair of the Suez Canal Authority (SCA), met with Zhang Jinming, Vice Chair of China Shipbuilding Trading Company (CSTC)—a subsidiary of the China State Shipbuilding Corporation (CSSC), one of the world’s largest marine industry leaders—to discuss potential cooperation on developing the Authority’s shipyards and subsidiaries using the latest global technologies. The initiative comes in line with President Abdel Fattah Al-Sisi’s dire…