Egyptian president Abdel-Fattah al-Sisi is very positive on the establishment of a bunkering company to serve ships at the Suez Canal.

A presidential spokesperson said in a statement that this would help to attract more investment to the waterway.

The formation of a logistics and ship services company in Port Said was also discussed during a meeting between al-Sisi and head of the Suez Canal Authority (SCA) Mohab Mamish.