Suez Canal, MACN sign cooperation agreement

Suez Canal, MACN sign cooperation agreement


The Suez Canal Authority (SCA) signed a Memorandum of Understanding with the Maritime Anti-Corruption Network (MACN) to provide a framework for cooperation in common fields, affirming the authority’s keenness to interact with international institutions to ensure transparency and enhance integrity procedures and standards of maritime transactions and related port operations.

According to MACN, the MoU aims to establish an official communication channel between the two bodies.

SCA Chairman Admiral Osama Rabie said the authority works on the stability and sustainability of global supply chains to facilitate traffic in the Suez Canal amid a package of effective measures that guarantee transparency and impartiality.

The CEO of MACN, Moreover, Cecilia Müller-Torbrand, said Suez Canal occupies a special place in the maritime community, stressing the need for joint cooperation to promote effective and safe trade.

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