Thursday 31 July 2014
 
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suez

'Terrorist' bid to attack ship in Suez Canal foiled

A "terrorist" staged an unsuccessful attack on a container ship passing through the Suez Canal on Saturday, in an attempt to disrupt the flow of ships through the waterway, the head of the Suez Canal Authority Mohab Memish said.

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Shipping firms brace for Suez disruption

Growing turmoil in Egypt is threatening to disrupt shipments through the Suez Canal and increase the costs for shipping lines as Cairo's cash-strapped government seeks ways of bringing in revenue.

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Citadel to build fuel bunkering hub on Suez

Mashreq Petroleum, a core platform company of Citadel Capital, has signed a 30-year concession agreement to build fuel bunkering terminal and logistics hub on the Suez Canal. The unique tank farm in East Port Said Port on the nort

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Citadel to build fuel bunkering hub on Suez

Mashreq Petroleum, a core platform company of Citadel Capital, has signed a 30-year concession agreement to build fuel bunkering terminal and logistics hub on the Suez Canal. The unique tank farm in East Port Said Port on the nort

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Less Iranian oil passing through Suez

The number of Iranian crude vessels passing through Egypt's Suez Canal has dropped this year as Western sanctions bite, an official from the Suez Canal Authority said on Tuesday. 'I can say there's been a 5-6 per cent drop in I

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Suez Canal April revenues up at $434.6m

Revenue from Egypt's Suez Canal rose 15.9 per cent year-on-year to $434.6 million in April, and rose 5.1 per cent from a month earlier, a state website showed on Tuesday. Revenue in April 2010 was $374.9 million. Revenue in March 2011 was

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Egypt okays Iran ships' Suez passage

Egypt has approved the passage of two Iranian navy ships through the Suez Canal, an army source said, a move that could annoy Israel, whose foreign minister has called Iran's actions a provocation. 'Egypt has agreed to the passage

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Ships unable to get navy escorts at Suez port

Vessels at Egypt's port of Suez are unable to pick-up military escorts for protection through the pirate-prone Gulf of Aden due to the unrest in the country, a senior industry official said on Monday. Ships have been travelling through the

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Suez Canal running normally says official

Egypt's Suez Canal has been  operating as usual during protests that have swept the country over the past six days, a canal official said on Sunday. "Traffic has been running normally, with 45 to 50 ships passing through the canal per

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EHC secures $298m loan for Suez chemical complex

Egypt Hydrocarbon Corporation (EHC), an affiliate of Carbon Holdings, announced that they have signed a $298 million loan facility and have begun work on a world-scale chemical complex in the Suez region of Egypt. The complex includes both

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