Höegh LNG Holdings has signed a letter of intent with Egyptian Natural Gas Holding Company (EGAS) for Höegh Gallant, its FSRU currently under construction at Hyundai Heavy Industries (HHI).

Ship operators are strongly advised to avoid crew changes at Egyptian ports, said P&I firm Skuld.

Cairo: Libya is to commence shipments of 12m barrels of oil to Egypt next month, in a deal worth $1.2bn.

Egypt: Despite toll hikes and regional unrest, the Suez Canal is still a better option than the Cape of Good Hope, Typhon ceo Ant Sharp has claimed.