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In Libya, protesters disrupt oil loading at Ras Lanuf and Es Sidra ports

Posted to Maritime Reporter on January 28, 2025

Five engineers at the facility said that local protesters stopped the loading of crude oil onto tankers in the ports of Es Sidra and Ras Lanuf, Libya, on Tuesday. In a letter addressed to the state-run National Oil Corporation of the country last week…

Sisi estimates that regional challenges will cost Egypt $7 billion in Suez Canal revenue by 2024.

Posted to Maritime Reporter on December 26, 2024

Abdel Fattah al-Sisi, Egyptian president, said that the Red Sea events and regional challenges will cost Egypt $7 billion in revenue from the Suez Canal by 2024. Sisi, in a statement without giving any details, said that Egypt lost 60% of its canal revenues between 2024 and 2023.

Ukraine barley exports reached 200,000 T in Oct, says producers' union

Posted to Maritime Reporter on October 2, 2024

Ukraine exported 207,000 tons of barley to Ukraine in September, and the union of Ukrainian farmers UAC predicted that this volume will likely be maintained in October. Ukraine has a long history of barley production and export. UAC stated in…

Suez Canal revenues drop as some shippers avoid the Red Sea

Posted to Maritime Reporter on July 23, 2024

The Suez Canal’s annual revenue fell by almost a quarter during its most recent financial year, as some shippers chose alternative routes in order to avoid being attacked by Houthis who are aligned with Iran in the Red Sea. Osama Rahbie, head…

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