Ismailia: Chairman of the Suez Canal Authority (SCA) Osama Rabie chaired a shareholders' meeting on September 18, 2025, to review the latest developments of Antipollution Egypt, a company specializing in safe and sustainable waste collection and removal services for ships transiting the Canal.
According to State Information Service Egypt, the meeting held at the Guidance Building in Ismailia Governorate was attended by Veron Vassiliadis, President of the V Group, owner of the Greek company Antipollution, as well as businessman Eric Adam and Admiral Ashraf Atwa, Vice Chairman of the SCA. Discussions focused on the company's business performance, operational statistics, future plans, and upcoming expansions.
At the start of the meeting, Rabie emphasized that launching this environmentally responsible service through Antipollution Egypt represents a critical step in the Suez Canal's green transformation, in preparation for officially declaring it the 'Green Canal.' He highlighted that the strategy for waste management in the Canal prioritizes compliance with international environmental standards, the use of advanced technologies, and alignment with the International Maritime Organization (IMO)'s initiatives for sustainable maritime operations.
Rabie directed the swift completion of procedures for establishing a solid and liquid waste recycling plant, as part of the company's second-phase expansion aimed at bolstering its operational capabilities.
Chairman of V Group International Veron Vassiliadis praised the Suez Canal Authority for its commitment to the success of their partnership. He described this collaboration as a model for delivering environmentally sustainable services that align with the interests of both shareholders and stakeholders. He reported that since its official launch in May 2025, Antipollution Egypt has serviced 2,516 vessels and safely collected 6,600 cubic meters of waste, underscoring the project's early success and operational efficiency.
He reaffirmed the company's commitment to meeting its contractual obligations and highlighted that over 90% of the workforce is made up of Egyptians. Additionally, he mentioned that the company plans to create 500 direct and indirect job opportunities upon completing the second phase of its expansion and the establishment of the recycling plant.
Egyptian-Greek businessman Eric Adam expressed his gratitude to Rabie for his consistent support and close follow-up on the project's progress. He reaffirmed the company's commitment to advancing its expansion plans and enhancing both its financial and human resources capacity in the coming period.