VOL. XL
No. 42
20-October-1997
EGYPT
SCA And Moller In Joint Venture Marine Service Company
The Suez Canal Authority announced on 16 October that it concluded an agreement withthe Danish maritime company A. P. Moller to set up a joint-venture maritime servicecompany with a capital of $20mn. The agreement, signed in Cairo, provides for theestablishment of the "Suez Odense Marine Service" company under a renewable25-year partnership. The new company will provide maintenance and repair work for...
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