By Abdel Latif Wahba and Áine Quinn (Bloomberg) — An Egyptian wheat ship has been allowed to sail after waiting three weeks for the correct paperwork, as a dispute between one…
https://gcaptain.com/second-egypt-wheat-ship-stuck-in-russia-sails-after-3-week-wait/
A Liberian-flagged gas carrier ran aground offshore Egypt, prompting a state of emergency over the weekend in anticipation of any leakage or pollution. The incident involving the 14,800 cu m LPG tanker Claudia Gas took place in the Gulf of Aqaba during the Eid holiday. Shipping databases show the...
Harold Macmillan was supposedly once asked what the most troubling problem of his time as British Prime Minister was. “Events, my dear boy, events,” was his reply. I thought I had this week’s column nailed well in advance, but offshore is an industry especially susceptible to unexpected and hard to predict “events”. So, we must […]
The post COLUMN | Correcting course: Aramco and jackups; Siem Offshore and Kristian Siem; Ferguson Marine; MMA Offshore; Maersk/Svitzer [Offshore Accounts] appeared...
By Stephen Stapczynski and Salma El Wardany (Bloomberg) — Egypt began buying liquefied natural gas, a rare move by the fuel exporter to avoid shortages this summer. Egyptian Natural Gas Holding…
https://gcaptain.com/egypt-buys-lng-in-rare-move-to-avoid-summer-gas-crunch/
Italian shipbuilder Fincantieri and the Alexandria Shipyard in Egypt recently signed a Memorandum of Understanding in Doha. This will mainly focus on investigating new opportunities for vessels to be built by the Alexandria Shipyard for the Egyptian Navy or other potential customers.
The Alexandria Shipyard has a long track record in the field of military and commercial shipbuilding, for example building corvettes for the Egyptian Navy. It has also built various multipurpose vessels, offshore...
https://www.themaritimestandard.com/fincantieri-and-alexandria-shipyard-sign-mou/
The Yemeni Houthi rebels’ continued attacks on shipping in the Red Sea serve as a reminder that global supply chains remain highly vulnerable to disruption. Moreover, it highlights how food insecurity can simultaneously be an effect and cause of conflict. To address this, the international...
Egypt’s labour ministry has confirmed that the death toll of a passenger ferry capsizing that occurred in the Nile River earlier this week has now risen to 10 following the recovery of seven additional bodies. The cause of the capsizing near the city of Giza on Sunday, February 25, is still being...
Egypt’s Health Ministry reports that three people are confirmed dead after a passenger boat capsized and sank in the Nile River near the city of Giza on Sunday, February 25. The unnamed vessel was transporting at least ten people when it capsized just off the Giza village of Nekla at around 07:00...
Saudi oil and gas driller Advanced Energy Services (ADES) has secured a contract extension for three of its jackup rigs operating offshore Egypt. Egypt’s national oil company General Petroleum Co (GPC) has notified ADES of a two-year extension for the Admarine III and Admarine VI rigs, as well as a...
https://splash247.com/ades-scores-contract-extensions-for-jackup-trio-in-egypt/
The greatest maritime security problem currently facing the world is the campaign of attacks on merchant shipping in the Red Sea and its environs by Yemen’s Houthi rebels. The campaign is adding costs and is delaying too many ships’ voyages, as they now often have taken a much longer route around...