
Fire Aboard Container Ship "PUMBA" Near Gulf of Suez Successfully Extinguished: Petroleum Min.
Egypt's Ministry of Petroleum and Mineral Resources confirmed on Wednesday that a coordinated emergency response had successfully extinguished a fire aboard a container ship near Ras Gharib, averting a potential maritime disaster in the Gulf of Suez.
The incident began late Tuesday evening when the container vessel 'PUMBA,' operated by global shipping giant MSC, sent out a distress signal after a fire broke out in its engine room while navigating the busy maritime corridor, approximately 3 nautical miles from the Southeast El-Hamra oil platform, operated by the General Petroleum Company.
Upon receiving the distress alert from the Ras Gharib Marine Surveillance Room, the Petroleum Ministry swiftly coordinated with relevant authorities and dispatched specialized marine units from the oil sector to assist in firefighting and rescue operations.
The vessels involved in the response included: Ocean Dahab tugboat, PMS-4 tugboat, and Misr-Gulf 15 tugboat.
Thanks to the rapid joint efforts, the fire was fully contained without any loss of life. The vessel was then towed to a designated safe anchorage area, well clear of critical operations and maritime routes.
Though the vessel is not affiliated with Egypt's petroleum sector, the ministry emphasized that its intervention was part of its national and professional commitment to maritime emergency response, offering logistical and technical support to safeguard lives, maritime infrastructure, and the marine environment.
"The response reflects our sector's readiness and responsibility to act promptly in the face of maritime hazards," a ministry spokesperson said.
The incident underscores the strategic importance of Egypt's petroleum sector not just in energy production, but also in ensuring safety and resilience in the Red Sea and Suez maritime zones, among the busiest in the world.
read more
CBE: Deposits in Local Currency Hit EGP 5.25 Trillion
Morocco Plans to Spend $1 Billion to Mitigate Drought Effect
Gov't Approves Final Version of State Ownership Policy Document
Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister
Qatar Agrees to Supply Germany with LNG for 15 Years
Business
Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves
Business
Suez Canal Records $704 Million, Historically Highest Monthly Revenue
Business
Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday
Business
Wheat delivery season commences on April 15
News
Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters
Arts & Culture
"Jurassic World Rebirth" Gets Streaming Date
News
China Launches Largest Ever Aircraft Carrier
News
Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia
Videos & Features
Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall
Business
Egyptian Pound Undervalued by 30%, Says Goldman Sachs
Lifestyle
Get to Know 2025 Eid Al Adha Prayer Times in Egypt
Arts & Culture
South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle
Arts & Culture
Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani
Sports
Get to Know 2025 WWE Evolution Results
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


El Fagr
3 hours ago
- El Fagr
EFG Hermes Successfully Completes Advisory on the IPO of National Printing S.A.E on the Egyptian Exchange
EFG Hermes، an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA)، announced today that its investment banking division successfully completed its role as the sole global coordinator on the initial public offering (IPO) of National Printing S.A.E. ('National Printing' or the 'Company') on the Egyptian Exchange (EGX). The IPO included the sale of 10% of the company's issued share capital for a total value of EGP 450 million. The shares were offered through a private tranche to Mr. Omran Mohammed AlOmran، a prominent Saudi Arabian entrepreneur، as an anchor investor ('Cornerstone Investor')، in addition to a public tranche for retail and institutional investors in Egypt which was 23.6x oversubscribed. The IPO has been priced at EGP 21.25 per share، implying a market capitalization of c. EGP 4.5 billion. National Printing is a leading player in the paper and packaging industry in Egypt، with a legacy dating back to 1979. National Printing operates through four main subsidiaries، Shorouk، Uniboard، El Baddar for Packaging، and Windsor، serving approximately 15 sectors، including FMCG، pharmaceuticals، white goods، and education. With leading market positions across its subsidiaries، National Printing has built a portfolio of blue-chip customers and multinationals of over 690 customers. Shares of National Printing began trading today under the ticker Maged El Ayouti، Co-Head of Investment Banking at EFG Hermes، said: 'We are proud to support National Printing on its journey to become a listed company on the EGX. This IPO demonstrates investors' appetite for market leading companies that are not properly represented on the EGX. It also represents a significant step forward for Egypt's capital market activity، that we hope can be capitalized on as the IPO of National Printing is the second listing that we have successfully executed on the EGX in 2025، following the successful listing of Valu. We remain committed to enabling ambitious companies to access public capital markets in the region in order to scale their growth sustainably and allow value monetization for shareholders.' EFG Hermes' Investment Banking division acted as the sole global coordinator for the transaction. Since the beginning of the year، EFG Hermes has advised on 6 M&A transactions، 7 DCM، and 10 ECM transactions across the region، including landmark transactions in Egypt، UAE، Saudi Arabia، and Oman، underscoring its leadership in regional markets.


See - Sada Elbalad
5 hours ago
- See - Sada Elbalad
Israeli FM Accuses Hamas of Starving Hostages, Calls for Unconditional Release
Nada Mustafa Israeli Foreign Minister (FM) Gideon Sa'ar stated that Hamas is deliberately starving the hostages held in the Gaza Strip and is attempting to impose conditions to remain in power. 'We are looking forward to ending the Gaza war and bringing the hostages home,' he said. In a press conference, Sa'ar demanded the 'immediate and unconditional release of the hostages in Gaza.' He also announced that he would participate in a UN Security Council session tomorrow to discuss the hostage issue, adding that the establishment of a Palestinian state would hinder any potential deal to secure their release. Sa'ar further criticized recent actions by France, the United Kingdom, and Canada, describing them as 'a gift to Hamas.' read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Arts & Culture Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani Sports Get to Know 2025 WWE Evolution Results


See - Sada Elbalad
5 hours ago
- See - Sada Elbalad
Pakistan Denies Allegations of Its Nationals' Involvement in Ukraine Conflict
Ahmed Emam The Government of Pakistan has strongly rejected recent allegations suggesting the involvement of Pakistani nationals in the ongoing conflict in Ukraine, labeling them as "baseless and unfounded." In a statement recently issued by the Pakistani Foreign Ministry, Islamabad emphasized that it has not been formally contacted by Ukrainian authorities, nor has it received any credible or verifiable evidence to support such claims. "The Government of Pakistan categorically rejects the baseless and unfounded allegations of the involvement of Pakistani nationals in the conflict in Ukraine," the statement read. "To date, Pakistan has not been formally approached by the Ukrainian authorities, nor has any verifiable evidence been presented to substantiate such claims." Pakistani officials further stated that they will raise the matter with Kyiv directly, seeking clarification regarding the origin and nature of the accusations. Reaffirming its longstanding position, Pakistan reiterated its commitment to a peaceful resolution of the conflict in Ukraine. "Pakistan supports dialogue and diplomacy in accordance with the principles of the UN Charter," the government affirmed. The response comes amid growing international scrutiny over the involvement of foreign fighters in the Ukraine war. Pakistan maintains that it has consistently advocated for de-escalation and peaceful settlement through diplomatic channels. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Arts & Culture Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani Sports Get to Know 2025 WWE Evolution Results