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Heavy sweet oil is being chased by refiners and marine fuel blenders amid the Iran war disruptions

Posted to Maritime Reporter on April 21, 2026

Sources in the industry said that marine?fuel suppliers are facing a shortage of high-density low-sulphur crude, also known as heavy sweet oil, to blend because of the competition between refiners. The Iran war has disrupted Middle?East imports.

Emaar Misr signs deal for multi-billion dollar Egypt Red Sea tourism development

Posted to Maritime Reporter on September 7, 2025

Emaar Misr for Development, an Egyptian real estate company listed on the Egyptian stock exchange, signed a contract to build a tourist development along the Egyptian Red Sea. The project is expected to generate investments of up to 900 billion Egyptian pounds (18.58 billion dollars).
Trite but true, the path to decarbonization has no ‘silver bullet’ solution.
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