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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.

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