The Suez Canal Authority (SCA) has signed a Memorandum of Understanding (MoU) with the Maritime Anti-Corruption Network (MACN) to promote effective and safe trade.
SCA is seeking to interact with international institutions to ensure transparency and enhance integrity procedures and standards of maritime transactions and related port operations.
Admiral Osama Rabie, Chairman of SCA, stressed that “the authority spares no effort to work 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”.
READ: Suez Canal Authority signs $500 million deal for East Port Said container terminal
The MoU was signed by the representative of the Suez Canal Authority, Engineer Gamal Abu Al-Khair, Director of the Transit Department, in the presence of Captain Reda Shehata and Captain Taher Farouk.
MACN is a global business network working to achieve fair trade for the benefit of the maritime community.
It represents 180 members, representing more than 50 per cent of the global fleet’s tonnage.
The online platform captures the network’s database of more than 50,000 reported incidents since 2011 and allows maritime stakeholders to submit reports on corrupt demands experienced during port calls and port operations.
