Egypt has unveiled its China-made multi-purpose supply vessel for specialized logistic navigation and to transport the new oil and gas from the Mediterranean Sea.
The new ship, built by Guangzhou Wenchong Shipyard in China, will not be limited to providing navigation services as it will also work in the recently discovered Mediterranean Sea oil and gas fields, which will put Egypt on the same level with the major gas-producing and exporting countries.
"The Suez Canal Authority is sparing no effort to modernize its potentials in the service of regional and international maritime navigation," Chairman of the Suez Canal Authority (SCA) Mohab Mamish on Wednesday was quoted as saying by Global Times Wednesday.
“Egypt has to acquire specialized vessels to reduce its dependence on foreign companies, so that it can minimize the costs and maximize the benefits,” said Mohii Shebl, manager of maritime units in Timsah Company that owns the vessel.
The 90-meter long, 4,744-ton vessel, which is largest in the middile East, is equipped with a lever that can reach 2,000 meters in deep water, and a moon pool that allows a submarine to pass through it to 3,000 meters under the sea.
Timsah is expected to sign two other deals with other Chinese companies to build more vessels and maintain two ports, Shebl added.