SERVICES

North Africa

Three kidnapped Turkish engineers released in Libya
Tunisians to vote in first free municipal elections amid economic gloom
Ansaldo Energia signs contracts worth €240 million in Tunisia

Ansaldo Energia signs contracts worth €240 million in Tunisia

Genoa - Ansaldo Energia has signed contracts in Tunisia for the construction of an electricity power plant and related services for a total of €240 million. The contract, signed with the Société Tunisienne de l’Élecriticité et du Gaz (STEG), relates to the construction of an open-cycle gas-fired power plant

Libya examines Total-Marathon purchase, casting doubt on deal
Libya tries to pick itself up again post collapse / ANALYSIS
Suez, doubts and expectations three years after the expansion
Morocco: an emblem of African development
Port of Genoa plans to strengthen links to Spain and Morocco
“Med ports must look to North Africa” / INTERVIEW
Egypt’s Suez Canal revenues rise to $463 mln in March
Al Sisi’s Egypt woos back foreign tourists and investors
Maersk Line expands online platform service scope

Maersk Line expands online platform service scope

Beijing - Maersk Line takes further steps towards simplifying the supply chains of its customers by expanding the service scope on its online platform. The new scope on the platform will cover exports from Eastern and North China to all Mediterranean destinations, and to West Africa, South Africa and East Coast South America

Morocco: an emblem of African development

Morocco: an emblem of African development

Rabat - A country that has been able to radically transform its economy in recent years, Morocco represents a kind of happy island within the African continent, particularly in North Africa. Italian companies are among those showing the greatest interest in recent times

Lloyd’s Insurance inaugurates its first office in Morocco
Kidnapped technicians, convictions requested for Bonatti leadership
Ship loaded with drugs diverted from Genoa to Marseilles

Ship loaded with drugs diverted from Genoa to Marseilles

Genoa - Ships loaded with cocaine scheduled to unload at the port of Genoa, (avoiding it at the last minute, in this case), place the city once again at the crossroads of global cocaine trafficking. The cocaine was found by the French gendarmerie in a false bottom in the keel

Chinese firms to build large ferry for Algeria

Chinese firms to build large ferry for Algeria

Algiers - Algeria and China signed a contract worth 175 million U.S. dollarsfor the construction of a large ferry, an official at a Chinese company told Xinhua reporter on Monday. Director of Algiers office of China Shipbuilding Trading Company (CSTC), Luo Zengqiang, said the “agreement is important for Algeria”

World’s largest STS cranes arrive in Tangier

World’s largest STS cranes arrive in Tangier

Tangiers - APM Terminals MedPort Tangier announces the arrival of three of the newest and largest ship-to-shore (STS) cranes in the world, designed to handle vessels carrying 22,000 or more containers, now plying the Asia/Europe trade lane

Aferpi: sale date postponed as Jindal stalls

Aferpi: sale date postponed as Jindal stalls

Piombino - Jindal drags its feet, and the sale of Algerian owned Inferpi steel, based in Piombino, remains on hold. Following the announcement of what seemed like a done deal for the sale of the steel mill on part of Algeria-based Cevital to India’s Jindal

RINA gets majority-stake in Tunisia’s Comete

RINA gets majority-stake in Tunisia’s Comete

Genova - RINA, a certification group based in Genoa that operates in the industrial, energy, maritime, transport and infrastructure sectors, has signed - through its subsidiary Rina Consulting - a strategic partnership with Comete Engineering, leading segment of the Comete Group

Suez Authority extends toll cuts for dry bulkers

Suez Authority extends toll cuts for dry bulkers

Port Said - The Suez Canal Authority has extended the discount offered to dry bulk vessels back in April 2017 until the end of 2018. Specifically, a 75% rebate of the canal transit tolls is being offered to laden or ballast dry bulk vessels coming or heading to ports at South West, South and East of Australia

Algeria should pay debts owed to foreign and local firms
Qatar plans to introduce direct shipping lines to North Africa
“The future is Mediterranean” / INTERVIEW
Suez Canal traffic levels show signs of recovery in 2017
The slow recovery of the Egyptian economy
Moroccan police break up Islamic State cell planning attacks
Egypt exports seen up 10 percent for year, China fastest growing investor
Egypt cuts transit fees through Suez Canal by half
East Libyan elite forces snub ICC over warrant for commander
Anti-migrant ship in trouble refuses help from NGO
Egypt train crash kills 36, injures more than 100
Egypt, number of tourists in May up by 32.9%

Egypt, number of tourists in May up by 32.9%

Cairo - The number of tourists that visited Egypt in May increased by 32.9% compared to last year, the Central Agency for Public Mobilization and Statistics (CAPMAS) reported on Monday. CAPMAS added that the number of nights tourists spent in Egypt increased by 145.8% to 5.9 million nights

The other Tangier: and so it grows / ANALYSIS
Saudi Arabia bans Egyptian strawberries

Saudi Arabia bans Egyptian strawberries

Ryadh - Saudi Arabia is banning imports of Egyptian strawberries due to pesticide residues, said Abdel Hamid al-Demerdash, the head of Egypt’s Agriculture Export Council, the latest such ban to hit Egypt as it struggles to revive its economy

Unrest over gas tests government in Tunisia

Unrest over gas tests government in Tunisia

Kamour - In Tatatouine province in Tunisia’s southern Sahara,around 1,000 protesters living in a makeshift campsite are threatening to blockade roads used by foreign companies to access nearby gas and oilfields. They want a larger slice of the gas proceeds to go towards the development of Tatatouine

Palm Sunday bombings of Egyptian Coptic churches kill 44
The African giant is in motion / ANALYSIS
281 ships transit the Suez Canal in 6 days carrying 15.8m tonnes
Egypt industry races to fill void as trade gap to narrow $11-12 bln in 2016
Egyptian court confirms 20-year prison sentence on Mursi
Goldman Sachs wins $1.2 bln dispute with Libyan sovereign fund
Libya’s Zueitina loads first crude export cargo since 2015
Suez project loses steam / ANALYSIS
“How we fight against traffickers and jihadists” / INTERVIEW
Denmark offers to ship chemical weapons out of Libya
Egypt launches Hurghada-Sharm ferry service
Wurth: order worth $160 million in Algeria

Wurth: order worth $160 million in Algeria

Genoa - Algerian Qatari Steel (AQS)has awarded the Genoese Paul Wurth group an order for the supply of engineering, equipment and technical services for the construction of one of the world’s largest gas-based direct reduced ironmaking (DRI) plant

Egypt receives $650m worth of fuel from Saudi Arabia in May and June
Saint-Nazaire, ‘Nasser’ navy ship leaves for Egypt