Saudi-owned supertankers are once again starting to cluster off the coast of Egypt, after earlier signs this week that the backlog was clearing-up.
The number of supertankers anchored near the Egyptian port of Ain Sukhna – which sits at the southern end of a pipeline linking the Red Sea to the Mediterranean – grew to eight. At its peak, ten vessels were stationed off Egypt’s coast.
Six of the tankers, holding about 12 million barrels, are Saudi-owned and loaded at the kingdom’s Red Sea port in Yanbu. The earliest tanker to arrive in the group has been floating for 20 days now.
The other two Chinese-owned vessels, also carrying Saudi crude, have been waiting offshore for more than 50 days.
The 623-foot motor vessel Algoma Verity ran aground in the Delaware River approximately one mile north of Philadelphia’s Benjamin Franklin Bridge on Wednesday evening. The grounding occurred at 6:30 p.m....
The International Longshoremen’s Association (ILA) is crediting President-elect Donald Trump with helping to secure a landmark six-year master contract agreement with the US Maritime Alliance (USMX), averting a potential shutdown...
A coalition of 47 governments and the shipping industry is proposing a groundbreaking greenhouse gas (GHG) emissions pricing mechanism for international shipping, marking a potentially landmark development for maritime decarbonization....
3 hours ago
Total Views: 192
Sign Up Now for gCaptain Daily
We’ve got your daily industry news related to the global maritime and offshore industries.
JOIN OUR CREW
Maritime and offshore news trusted by our 109,025 members delivered daily straight to your inbox.
Your Gateway to the Maritime World!
Essential news coupled with the finest maritime content sourced from across the globe.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.