Egypt Considers Wheat Storage Program as Algeria Waits in Wings

Egypt, the world’s largest wheat importer, is being asked to consider a wheat storage program offered by a U.S. company before Algeria gets a chance to grab the $250 million investment.

Oil Tanker Grounds in Suez Canal

A 163,038 DWT oil tanker ran aground at 159 km of the Suez Canal early this morning shortly after it entered the canal, GAC Egypt informed.

Panama and Egypt establish maritime cooperation

The Egyptian minister of transport Saad El-Giushy, the Panama’s minister of maritime affairs Jorge Barakat and El-Giushy have established mechanisms for cooperation in maritime affairs between the two countries during a meeting in the city of Alexandria.

Egypt Set on Upgrading Its Ports

Egypt wants to upgrade the country’s ports, especially the six ports situated on the Suez Canal in order to enable them to have the necessary capacity to handle increasing cargo volumes in the region. ...

Rawabi-Vallianz eyes second OFSSV contract, looks to expand to Egypt

Singapore’s Vallianz Holdings is hoping to repeat its contract win for offshore floating storage and supply vessel (OFSSV) in the Middle East with its partner Rawabi Holdings, and is looking to expand into Egypt. ...

Egypt unveils giant expansion to Suez Canal

Egypt is to unveil a major expansion of the Suez Canal tomorrow in what the government hopes will be a moment of national pride following years of political unrest.

Egypt on verge of completion of Suez Canal expansion

Egypt is to complete the Suez Canal Expansion project on 1 August, according to one of the leading international dredging companies involved in the project. ...