THE first in what is likely to be a series of innovative vessels to collect waste and combat pollution has been built in Greece for a joint venture project, contributing to Egypt’s drive to “green” the Suez Canal by 2030.

The vessel, Eco Suez I, which is classed by Bureau Veritas, is expected to arrive in Egypt soon and to start operations during the first quarter of 2025.

The vessel will be owned and operated by Antipollution Egypt, a joint venture between the Greece-based V Group of Companies, two companies under the umbrella of the Suez Canal Authority, and Egyptian-Greek businessman Eric Adam, the owner of Cairo-headquartered Intraconsult Telecom.

The company was set up after V Group won an international tender for provision of a comprehensive waste management and environmental response service for Suez.

“The launch of the Eco Suez I marks a proud moment as we embark on the journey of creating the first fully green anti-pollution fleet dedicated to the sustainable future of the Suez Canal,” said V Group chairman Vyron Vasileiadis.

The venture promised to strengthen Greek-Egyptian relations and was also “a significant investment in sustainable shipping practices and environmental protection”, he added.

The group, including port reception facilities provider Antipollution, was committed to the net zero emissions goal and “redefining waste management” in maritime operations.

In an interview with Lloyd’s List, Vasileiadis said that the group is already discussing construction of a larger number of vessels with yards in Greece and Egypt, including the possibility of alternative fuelled and battery hybrid units.

“The aim is to have zero waste and zero carbon emissions in all operations,” he said. The programme could run “potentially to 10 to 20 vessels”.

Antipollution Egypt’s estimates that initial investments will amount to up to $150m and plans also call for a refuse-derived fuel plant and a green hydrogen plant.

The group already creates refuse-derived fuel and solid recovered fuels from both hazardous and non-hazardous waste.

The Suez Canal has seen traffic reduced over the past year due to the effect of Houthi threats against shipping in the Red Sea. But it is ploughing ahead with its “green canal” strategy.

The SCA plans include examining incentives for vessels using green energy, reducing its own operational consumption, establishing the Middle East’s first eco-friendly marina, and other measures.

Eco Suez I is designed to support the project’s zero-waste strategy and maintain a zero-carbon footprint from the first day, according to Antipollution.

Environmental features include an efficient hull design, eco-friendly paints and anti-fouling, and low-emission engines designed to maximise fuel efficiency.

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