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Citadel to build fuel bunkering hub on SuezMashreq 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 More… |
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Citadel to build fuel bunkering hub on SuezMashreq 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 More… |
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Less Iranian oil passing through SuezThe 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 More… |
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Suez Canal April revenues up at $434.6mRevenue 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 More… |
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Egypt okays Iran ships' Suez passageEgypt 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 More… |
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Ships unable to get navy escorts at Suez portVessels 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 More… |
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Suez Canal running normally says officialEgypt'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 More… |
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EHC secures $298m loan for Suez chemical complexEgypt 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 More… |
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Some 300,000T ME, Suez naphtha to move WestAbout 300,000 tonnes of Middle Eastern and Suez naphtha cargoes have either been fixed, or provisionally booked for a rare move to the West to help ease the high stockpiles in Asia, traders said on Thursday. This move, mainly to Northwest More… |
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Egypt shuts 2 Torah Cement production linesEgypt has shut down two of Torah Cement's production lines and filed a case on charges the company damaged the environment, the environment ministry said. Torah, majority owned by Suez Cement, the country's largest listed company, operates More… |
