Egypt
- Containers
Suez Canal Authority slashes Ever Given compensation claims by $300m
The Suez Canal Authority has slashed its compensation claims by nearly a third. The Egyptian body is now seeking $600m…
Read More » - Containers
Egyptian court blocks Ever Given’s departure
An Egyptian court ruled yesterday that the 20,388 teu containership which blocked the Suez Canal in March will continue to…
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Evergreen confirms Ever Given arrested pending $916m claim including $300m for loss of reputation
Taiwanese liner Evergreen confirmed on Wednesday that the 20,388 teu has been arrested by a court in Egypt this week.…
Read More » - Operations
Suez Canal backlog cleared, accident report due this week
The Suez Canal Authority (SCA) announced over the weekend it had managed to clear the backlog of more than 400…
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Egypt may file $1bn claim for Suez Canal calamity
Egypt could be lining up a $1bn claim in damages after the 20,388 teu giant container vessel caused a headline…
Read More » - Operations
Suez planners ponder changes in wake of Ever Given grounding
Top executives at the Suez Canal Authority (SCA) refuse to be drawn on whether changes might need to be made…
Read More » - Offshore
PGS awarded Egyptian survey contract
Norway’s PGS has been awarded a contract by a unnamed oil major for a 3D exploration program offshore Egypt. The…
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Avalanche of containers bound for European ports sparks congestion fears
Ketchupeffekt is the Swedish term used by the port of Gothenburg to describe the avalanche of containers set to flood…
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Huge Suez operation frees the Ever Given
The 20,388 teu was refloated in the early hours of Monday morning according to the Suez Canal Authority. The giant…
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Evergreen vessel shifts, giving hope that the Suez could be unblocked soon
Day six of the Suez blockage and some glimmer of hope that the giant 199,629 dwt containership could shift from…
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Ships reroute en masse, Suez authorities pin hopes on this weekend’s tides
Ships are now heading in ever growing numbers towards the Cape of Good Hope to avoid the snarl-up in the…
Read More » - Operations
Shipping makes alternate Suez plans with removal of Evergreen boxship not a given
The 21st century version of the Suez crisis has now seen vessels diverting, heading around the Cape of Good Hope…
Read More » - Offshore
Shelf Drilling seals two-year jackup extension in Egypt
Dubai-headquartered Shelf Drilling has secured a two-year contract extension for its 1982-built jackup rig with Belayim Petroleum Company (Petrobel). The…
Read More » - Operations
$6bn and counting: Suez snarl-up stretches into third day with warning salvage could take weeks
High tide passed Wednesday evening and the giant 20,388 teu still has not moved. Twisted starboard, its 399 m hull…
Read More » - Containers
Suez Canal blocked by stranded Evergreen boxship
An ultra large container ship operated by Evergreen ran aground on the Suez Canal on Tuesday, blocking traffic on one of…
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Shocking four-year plight of solitary Syrian at sea makes headlines
Tomorrow the general cargo ship will head for auction, potentially bringing an end to a tragic near four-year saga for…
Read More » - Offshore
Gas pipeline to connect Israel’s Leviathan field to Egypt
Israel and Egypt have agreed to build a gas pipeline from Israel’s offshore eastern Mediterranean Leviathan field to Egypt, The…
Read More » - Offshore
TechnipFMC awarded subsea tieback contract for North El Amriya and North Idku
TechnipFMC has been awarded an integrated engineering procurement construction and installation contract by NIpetco and PetroAmriya, joint ventures between Energean…
Read More » - Ports and Logistics
CMA CGM wins Alexandria terminal concession
France’s CMA CGM said on Wednesday it has reached an agreement with Egypt to operate a future container terminal at…
Read More » - Offshore
ADES scores new jackup contract in Egypt
Egyptian offshore driller ADES International has sealed a new contract for 1981-built jackup rig in the Gulf of Suez. The…
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