Egypt
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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…
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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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Offshore
Egypt inks oil and gas exploration agreements worth $1.4bn
Egypt’s Ministry of Petroleum and Mineral Resources has signed a series of new petroleum agreements for oil and gas exploration…
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Dry Cargo
Egyptian grains giant to develop own fleet
The Egyptian government has given the go-ahead for state-run grains buyer, the General Authority for Supply Commodities (GASC) to co-found…
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Operations
Suez Canal drops fees to stem tide of ships heading via the Cape of Good Hope
The Suez Canal Authority has taken action to stem losing traffic amid a swathe of liners opting to travel via…
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Europe
Maersk Drilling awarded $3.8m contract offshore Egypt
Maersk Drilling has been awarded a one-well contract for 2009-built semi-submersible rig offshore Egypt. The contract is set to commence…
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Asia
NYK establishes first dedicated roro terminal in Egypt
Japan’s Nippon Yusen Kaisha (NYK), together with Bolloré Africa Logistics (Bolloré) and Toyota Tsusho Corporation (Toyota Tsusho), has signed an…
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Middle East
ADES secures jackup extension from Saudi Aramco
Egyptian offshore driller ADES International has sealed a second contract extension with Saudi Aramco this month, the latest for 1979-built…
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Middle East
ADES secures five-year jackup rig renewal with Saudi Aramco
Egyptian offshore driller ADES International has sealed a contract renewal for 1982-built jackup rig . The renewal, with Saudi Aramco,…
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Greater China
Hutchison signs up for another Egyptian terminal
Hutchison Ports signed a memorandum of understanding yesterday in front of the Egyptian president Abdel-Fattah al-Sisi to establish a container…
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Middle East
ADES awarded new rig contract
Egyptian drilling service provider ADES has been awarded a new contract by an Egyptian energy company for the deployment of…
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Middle East
Shelf Drilling awarded jackup contract by Petrobel
UAE-headquartered offshore driller Shelf Drilling has been awarded a contract by Belayim Petroleum Company (Petrobel) for jackup rig . The…
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Europe
Saipem scores $1.2bn worth of additional work offshore Egypt
Italian contractor Saipem has negotiated with Petrobel an offshore contract addendum worth more than $1.2bn for engineering, procurement, construction and…
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Middle East
ADES secures seven-year jackup extension in Saudi Arabia
Egyptian offshore driller ADES International has successfully renewed a contract for 1980-built jackup rig . Operating in Saudi Arabia, the…
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Europe
Höegh LNG vessel to leave Egypt
Höegh LNG and Egypt Natural Gas Holdings (Egas) have agreed to amend the time charter for , so the vessel…
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Middle East
Five-vessel pile up along the Suez
An engine failure on the 5,086 teu on Sunday sparked a dramatic five- vessel pile up on the Suez Canal,…
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Middle East
Okeanis suezmax damaged in Suez Canal scrap
A two-month old suezmax, owned by Alafouzos family company Okeanis Eco Tankers, has damaged its hull while transiting the Suez…
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Middle East
Egypt to keep ports open 24 hours a day
Egypt has decided to keep its ports running for 24 hours a day, up from 16 currently, to cut “long…
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Asia
Video captures moment MOL ethane carrier comes close to major disaster
Mitsui OSK Lines (MOL) is in trouble in Egypt where 11-month old fully laden ethane carrier grounded and collided into…
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Americas
Vantage Drilling and ADES form Egyptian joint venture
US offshore driller Vantage Drilling International and UK drilling and production firm ADES International Holding have formed a joint venture…
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