According to Gibson Shipbrokers, Libya is planning to build a new port suitable for VLCCs to berth. The port will aspire to leverage its strategic location for vessels travelling between Asia and Europe through the Suez Canal and to and from the US.
VLCCs have not fully loaded in port for more than 5 years because of a build-up in silt at the Es Sider terminal. Now, the Libyan Seaport Authority have recently agreed to partly fund, with the US based Guidry Group foundation, a $1.5 billion grant...
https://safety4sea.com/libya-planning-to-accommodate-vlccs-once-again/