Latest news with #Suez
Al Bawaba
a day ago
- Al Bawaba
4 Dead, 6 missing, 21 rescued after offshore barge capsizes in Gulf of Suez
Published July 1st, 2025 - 08:05 GMT According to an official statement from the ministry, the Offshore Shukeir Oil Company (OSOCO) first reported the incident, alerting authorities to the overturned vessel in the Gulf of Suez. ALBAWABA- At least four people have died and six others remain missing after a marine barge capsized in the Gulf of Suez, the Egyptian Ministry of Petroleum confirmed on Tuesday. The vessel was reportedly part of an offshore oil operation and sank while being towed. Twenty-one individuals were successfully rescued during ongoing recovery efforts. According to an official statement from the ministry, the Offshore Shukeir Oil Company (OSOCO) first reported the incident, alerting authorities to the overturned vessel in the Gulf of Suez. Emergency teams were immediately dispatched to the scene, and a search operation remains underway for the missing. The barge was reportedly engaged in petroleum-related operations in a region critical to Egypt's oil and gas production. Egyptian media said the capsizing has raised concerns over the area's safety protocols and environmental risks. The Petroleum Ministry stated that an investigation has been launched to determine the cause of the incident and ensure all safety measures were followed. Officials have yet to release the victims' names or confirm the barge's ownership. © 2000 - 2025 Al Bawaba (
The Hindu
25-06-2025
- Politics
- The Hindu
CPI stages protest in Coimbatore demanding rollback of property tax hike
Members of the Communist Party of India (CPI) staged a protest in front of the Coimbatore Corporation office in Town Hall on Wednesday, urging the administration to revoke the recent hikes in property tax, garbage collection charges, and drinking water fees. The CPI's Coimbatore district committee organised the protest citing that the revised tax structure — including a 6% annual hike in property tax and penalties for delayed payments — had caused considerable distress to the public. The party also pointed to the growing discontent among residents, who they said were burdened by multiple charges without corresponding improvements in civic infrastructure. Party representatives said they had earlier submitted petitions through their councillors and joined with the Communist Party of India (Marxist) in recording objections during the council meetings. They also participated in a walkout in protest, but claimed that their demands had not been addressed. The CPI further criticised the civic body for failing to close trenches dug for underground drainage, AMRUT and Suez water supply schemes across various parts of the city. They said the failure to restore roads had led to traffic congestion and accidents. They said commuters were unable to reach their destinations on time and that ambulances were often delayed due to traffic jams.
Bloomberg
23-06-2025
- Business
- Bloomberg
Three Chinese Firms Said in Next Bidding Round for Suez Assets
Chinese state-owned firms Beijing Capital Group Co., China State Construction Engineering Corp. and Guangdong Holdings Ltd. are among bidders for Suez SA 's Chinese water infrastructure assets, according to people familiar with the situation. The three companies have been shortlisted into a second round of bidding for the business, the people said, asking not to be identified because the information isn't public. Suez may seek a valuation of more than $2 billion for the Chinese assets, the people said. The company could also opt to sell only parts of the business or explore other ways to streamline it, some of the people said.
Zawya
23-06-2025
- Business
- Zawya
Egypt: Suez Canal contains RED ZED 1 grounding in 1 hour with no injuries
Arab Finance: The Suez Canal Authority (SCA) successfully managed the grounding of the RED ZED 1 diving vessel in just 60 minutes with no injuries or human losses reported, according to a statement issued by the authority's Chairman Osama Rabie. The incident occurred on Friday, June 20th, when the RED ZED 1, transiting the canal as part of the northern convoy, experienced a sudden steering failure at kilometer 45 near the Qantara West ferry dock. Rabie confirmed that the vessel sustained minor damage, which is currently being assessed, but remains overall safe. The RED ZED 1, measuring 217 meters in length and 43 meters in width with a capacity of 41,000 tons, was en route from the Netherlands to Sudan at the time of the incident. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Khaleej Times
21-06-2025
- General
- Khaleej Times
Watch: Ship runs off course, hits dock in Egypt's Suez Canal; no injuries reported
A diving vessel briefly ran aground during its northbound transit through Egypt's Suez Canal but was safely refloated within 60 minutes, the Suez Canal Authority (SCA) said on Saturday. No injuries were reported as a result of the incident that took place on Friday. The site is currently being assessed for some damage, but the structure of the ship, Red Zed 1, is sound, the SCA added. Red Zed 1 is a 217-meter-long, 43-meter-wide diving vessel with a gross tonnage of 41,000 tonnes. It was transiting the canal en route from the Netherlands to Sudan. In a statement, the SCA said that the ship "experienced a sudden steering failure... The swift response prevented a major collision with the ferry dock." Stay up to date with the latest news. Follow KT on WhatsApp Channels. Three tugboats, Misr El Gedida, Mosaed 4, and Suez 1, were dispatched and managed to stabilise the vessel. The authority shared a video of the vessel escorted by the three tugboats to the Ballah area and then to the Great Bitter Lakes. Take a look: The video of the incident itself went viral and was shared by media outlets and social media users. Khaleej Times could not verify the authenticity of the clip. The SCA clarified that its pilots aboard managed to steer the vessel parallel to the dock, minimising impact. Supervisors detected the ship's deviation early and immediately notified a ferry that was docking at the site to evacuate passengers. SCA Chairman Osama Rabia stressed that navigation in the Suez Canal was unaffected by the incident, and ferry services across the canal resumed promptly after a backup ferry was deployed. "After temporary repairs and completion of investigations, the vessel can continue its journey," the authority said. The Suez Canal is one of the world's most vital waterways for global shipping and trade. One of the most significant maritime incidents in recent history occurred in the canal on March 23, 2021, when the Ever Given, a 400-meter-long container ship operated by Evergreen Marine, ran aground, blocking one of the world's busiest trade routes for six days. The vessel, which was en route from China to the Netherlands, became lodged sideways across the canal due to high winds and human error, according to investigations. The ship was eventually refloated on March 29 by the SCA with the help of tugboats, dredgers, and international salvage teams.
