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Sources: Greek court charges 17 Coast Guard officers over 2023 migrant vesselwreck

Posted to Maritime Reporter on May 23, 2025

Three sources confirmed on Friday that a Greek naval court had charged 17 coastguard officers in connection with one of the worst shipwrecks to occur in the Mediterranean two years ago. Hundreds of people were believed to have died. The shipwreck that occurred on June 14…

Six Russian tourists drowned in a tourist submarine off the coast of Egypt

Posted to Maritime Reporter on March 27, 2025

The local governor's offices confirmed that six foreigners died when a tourist sub sank near the Red Sea resort of Hurghada in Egypt. However, they did not confirm the nationalities. The Russian consulate at Hurghada confirmed that the "SINDBAD"…

Egypt's GASC signss $700 million loan agreement with the ITFC to boost food security

Posted to Maritime Reporter on February 4, 2025

An Egyptian cabinet announcement on Tuesday revealed that Egypt's General Authority for Supply Commodities has signed a $700-million loan agreement with the Islamic Trade Finance Corporation to boost its efforts in food security. The loan is part of the ongoing cooperation between Egypt…

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…

Seven migrants rescued after boat sinks in Italy and at least 20 migrants are missing

Posted to Maritime Reporter on January 1, 2025

The mayor of Lampedusa, an Italian island, said that seven migrants had been rescued but that at least twenty were still missing. Their boat was en route from Libya to Italy when it sank. One of those who survived was an eight-year-old Syrian child, who hoped to join his German-based father.

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.

The second vessel carrying wheat for Egypt's GASC departs Russia

Posted to Maritime Reporter on December 20, 2024

Sources and LSEG shipping information showed that a second shipment of 54,000 metric tonnes of Russian wheat, out of the 430,000 Egypt purchased in September, left the port at Novorossiysk last Friday. The Russian agricultural watchdog confirmed…

Iran's judiciary news agency reports that two confiscated tankers will be auctioned off by Iran.

Posted to Maritime Reporter on December 17, 2024

The Iranian judiciary’s Mizan News Agency reported on Tuesday that Iran will auction off two seized oil tanks involved in oil smuggling. Mizan quoted a judiciary official saying that "Two oil tanks Sagha 2... and Ariana... would be sold at the auction".

Sources say that the first shipment of Egypt's delayed Russian Wheat Purchase has begun loading.

Posted to Maritime Reporter on December 8, 2024

Three sources who have direct knowledge of this matter said that the first shipment of Egypt's 430,000 metric ton purchase of Russian wheat started loading on Saturday after a delay of nearly three months. The shipment of 63,000 tonnes has been…

Abu Dhabi continues to outperform as IHC extends its gains

Posted to Maritime Reporter on November 15, 2024

The stock markets of the United Arab Emirates rose Friday. Abu Dhabi's Index outperformed the other two due to a rise in shares by its largest listed company, International Holding Company. Abu Dhabi's benchmark Index settled 0.5% higher thanks…

As Russian trade spreads, EU wheat exports move westwards

Posted to Maritime Reporter on November 13, 2024

Traders said that the European Union is increasingly focusing its wheat exports on the west side of Africa, after Russia dominated major markets in North Africa and Middle East. EU shipments of soft wheat or common wheat are 30 percent below their previous year's level.

Italian Navy Ship Arrives in Albanian Port

Posted to Maritime Reporter on November 8, 2024

A small group of migrants on board an Italian navy vessel docked at an Albanian port Friday, as Rome attempted to salvage its plan to process asylum-seekers abroad after the first attempt was thwarted by legal obstacles. A reporter reported that the ship had arrived before 8 am (0700 GMT).

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…

Morocco will import more wheat than France from Russia in 2024/25: grain traders chief

Posted to Maritime Reporter on October 1, 2024

Omar Yacoubi, head of the Moroccan grain trader's association (FNCL), said that Russia will surpass France as Morocco's leading soft wheat supplier in 2024/25. Morocco must import 5 million tons of soft grain after a poor domestic harvest caused by drought, said the official.

Egypt seeks investment on the southern Red Sea Coast

Posted to Maritime Reporter on September 18, 2024

According to the comments of the housing ministry and a source from the finance ministry, Egypt is developing plans to develop Ras Banas, a remote area on the Red Sea coast with the aim of attracting large-scale investment. Ras Banas, a peninsula…

Media report that six bodies were found near the coast of Sicily, and they are likely victims of a recent shipwreck involving migrants.

Posted to Maritime Reporter on September 8, 2024

Italian media reported that the Italian coast guard had recovered six bodies near the coast of Sicily. The bodies are believed to be among the 21 people who were missing after a shipwreck involving migrants earlier in the month. Italian Coast Guard said that on Wednesday…

Seven migrants rescued and 21 still missing after shipwreck near Lampedusa, Italy

Posted to Maritime Reporter on September 4, 2024

Italian media and U.N. officials reported on Wednesday that seven people had been rescued, and 21 were still missing after a shipwreck of migrants off the coasts of Lampedusa and the Italian island. Reports said that the survivors were Syrians…

Greek coastguard shoots at migrant boat and kills one

Posted to Maritime Reporter on August 23, 2024

Authorities said that a 39-year old migrant died after the Greek Coastguard opened fire at a vessel transporting migrants near the island of Symi, in the eastern Aegean. The coastguard stated that the man "probably died from a bullet". It also…

Media report that the death toll has risen to 11, after a boat capsized between Bosnian and Serbia

Posted to Maritime Reporter on August 23, 2024

Local media reported that the death toll had risen to 11 after a boat of migrants capsized as it tried to cross from Serbia into Bosnia and Herzegovina. Zlatan Simic, the head of the local firefighting team in the eastern Bosnian city of Bratunac told Srna…

Italy's Coast Guard says two migrants drowned and one is missing when a boat sinks

Posted to Maritime Reporter on August 4, 2024

The Italian Coast Guard said that two migrants were killed and another was missing when a boat with more than thirty people on board sank 17 miles to the south-east, near the city of Syracuse in Sicily. The authority released a press release…
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