Antipollution Egypt: An innovative endeavor
Suez Canal Authority (SCA) and V Group of Companies agreed to join forces and create Antipollution Egypt, an innovative company that will add value to the already established equity of Suez Canal. The corporate scheme includes shareholder Mr. Eric Adam, a Greek-Egyptian entrepreneur.
The 193.3-kilometer-long canal under the distinguished leadership of the Suez Canal Authority (SCA), has aligned its efforts with one of the most proficient companies in the field of Port Reception Facilities (PRF) worldwide, the Greek Antipollution S.A., member of V Group of Companies, with over 70 years of expertise in PRF services.
Based on the investment that is projected to reach a value of up to 150 million USD, the newly established company will deliver an efficient and pioneering Port Reception Facilities (PRF) service for collection of solid and liquid waste from vessels passing through the Suez Canal, via the usage of custom – made eco vessels, built in Egyptian Shipyards.
In addition, the company will empower circular economy and will focus on “waste valorization” while creating and providing the opportunity to enjoy social, economic, and environmental benefits on a local and national level, establishing a strong corporate impact.
Moreover, the main objective of the project is to implement a ZERO WASTE strategy from the first day of operations and maintain a ZERO-CARBON footprint throughout the company’s operations.
Provision of Port Reception Facilities (PRF)
The provision of Port Reception Facilities services for the collection of ship-generated waste, is addressed by the International Convention for the Prevention of Pollution from Ships, 1973 (MARPOL Convention) which was adopted by the International Maritime Organization (IMO). Waste reception, collection, storage, treatment, and disposal will be consistent to a Waste Reception and Handling Plan covering all types of ship-generated waste and cargo residues.
Antipollution S.A. is already a member of the EUROSHORE association and HELMEPA, while also cooperating with other major international companies in the same sector.
The expertise of Antipollution
Antipollution S.A., a member of the Vasileiadis Group of Companies (V Group), is recognized as the top Port Reception Facilities (PRF) services provider in the Eastern Mediterranean as well as ranked, among the top 20 companies in the industry globally.
The company has been awarded with various distinctions in national and international level including: Environmental Awards (2020) for Integrated Waste Management and Sustainable Business, Diamonds of the Greek Economy (2019), European Business Awards for the Environment (2018) for Products & Services, Global Business Excellence Awards (2015) for Outstanding Innovation, Waste and Recycling Awards (2015) for Recycling Business, Health and Safety Awards (2014) for Industrial Waste Management, Facilities Management Awards (2014) for Waste Management.
With more than 70 years of experience, Antipollution S.A. applies its extensive knowledge, as well as the latest available technologies, to bring forth a sustainable future, prioritizing environmental protection. Its long-standing experience, highly qualified and fully trained personnel, along with the use of state-of-theart equipment, allows the company to treat all kinds of waste, even under extreme circumstances.
Suez Canal: a man-made wonder
The Suez Canal is a man-made waterway in Egypt that connects the Mediterranean Sea to the Red Sea. It was first constructed in the 19th century and was officially opened in 1869. The canal provides a crucial shipping route for vessels traveling between Europe and Asia, as it allows them to bypass the lengthy and dangerous trip around the southern tip of Africa. In recent years, the canal has been expanded to accommodate larger ships and increase its capacity.
The most important path of the world
The Suez Canal saves time and reduces fuel costs for ships, making international trade more efficient and cost-effective. The canal also reduces the distance between the East and the West by about 7,000 miles, which is a significant reduction. In addition, the Suez Canal is a strategically important waterway that remains a vital global trade route and an important strategic asset for Egypt and the international community.
The most important part of the Silk Road
The Green Canal by 2030
The strategy adopted by Suez Canal Authority sets the environmental dimension at the forefront of its priorities, which goes in line with the Egyptian state’s directions to achieve sustainable development through a clean, eco-friendly economy, as well as the efforts of the International Maritime Organization (IMO) to reduce emissions from the shipping sector, and encourage the trend towards running on clean, carbon-neutral fuels instead of fossil fuels. The authority adopts a new sustainable strategy to announce the Suez Canal as the Green Canal by 2030, including the endorsement of IMO’s efforts to extend the concepts of the Green Transition
Protagonist of the Green Transition
The Suez Canal Authority endorses the efforts of the International Maritime Organization “IMO” to extend the concepts of the green transition to the maritime sector and is studying providing incentives for vessels that use green energy while complying with the optimum application of marine safety procedures to avoid the pollution risks and oil spills. Suez Canal has contributed to decreasing the co2 emissions by 31 million tons in 2021 when compared to the alternative routes, saving fuel by 10.3 million tons, as well as contributing to saving 53 million tons of the co2 equivalents.
Allignment with Sustainability Goals
For the first time, ships entering the Mediterranean on route to the major ports of Europe and the Black Sea, as well as ships passing through the canal, bound for the world’s oceans, will have less waste and a significantly lower risk of causing marine pollution. A green control point has been created, with the goal of minimizing the risk of marine pollution, utilizing tools and infrastructure that respect the environment, creating a ZERO environmental footprint and a neutral balance of carbon prices.
Zero Carbon Footprint
The company will keep pace from day one with the broader plan for a green Suez until 2030 as it will implement Zero Carbon Footprint practices within the framework of Antipollution Egypt’s overall sustainable development model strategy.
A global milestone against marine pollution
Antipollution Egypt will significantly reduce the chances of contamination of the wider marine area and will create a global milestone for how port reception facility services practically contribute to the protection of the environment and clean seas.
Green energy is the future
Antipollution Egypt will create a global case study as it builds the infrastructure to develop products and energy from waste, a real landmark for the wider region.
There is increasing interest in green energy as a way to reduce reliance on fossil fuels, which are a major contributor to climate change. As concerns about climate change and the need to reduce greenhouse gas emissions continue to grow, it is likely that green energy will play a larger role in the world’s energy mix in the future. Many countries and businesses are already making significant investments in green energy, and it is expected that this trend will continue as the cost of green energy technologies continues to fall and their efficiency increases.
Α strong socioeconomic footprint
It will employ young men and women of the wider region as in two years the company’s employees will reach a total of 300 with progressively 90% of them being from Egypt.
It will provide young Egyptians with the opportunity to meet professionals from 20 different specialties and gain valuable know-how.
It will directly support key problems of local society by implementing modern corporate social responsibility programs, an area in which V Group’s experience is vast.
It will bring new latest generation technologies and give an opportunity to young men and women to come into contact and gain practical experience in them.
It will directly stimulate the economy with foreign exchange inflows.
It will add Multiplier effects on employment and tax revenues from the activity created by secondary spending of the income received.
It will directly stimulate the local economy with parallel investments in accommodation, food, transport, spending by employees.
Using V Group’s innovative technology, the project will contribute to the collective shift toward sustainability, providing shipping companies worldwide, with the ability to fully record their waste production during their vessels’ passage, through the world’s largest canal and granting them access to quantitative and qualitative data, as well as green waste performance certificates.
By leveraging V Group’s cutting-edge technology, the project aims to drive the global shift towards sustainability in the shipping industry. Shipping companies around the world will be able to accurately track and record their waste output as their vessels navigate through the world’s largest canal using V Group’s system. This will not only provide them with valuable quantitative and qualitative data, but also allow them to obtain green waste performance certificates, demonstrating their commitment to environmental responsibility. The project has the potential to significantly reduce the negative impact of shipping on the environment and promote a more sustainable future for all.
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