UN Palestine peace conference suspended amid regional escalation    Egypt advances integrated waste management city in 10th of Ramadan with World Bank support    Hyatt, Egypt's ADD Developments sign MoU for hotel expansion    Serbian PM calls trade deal a 'new page' in Egypt ties    Reforms make Egypt 'land of opportunity,' business leader tells Serbia    TMG climbs to 4th in Forbes' Top 50 Public Companies in Egypt' list on surging sales, assets    Egypt, Japan's JICA plan school expansion – Cabinet    Egypt's EDA, AstraZeneca discuss local manufacturing    Israel intensifies strikes on Tehran as Iran vows retaliation, global leaders call for de-escalation    Egypt issues nearly 20 million digital treatment approvals as health insurance digitalisation accelerates    LTRA, Rehla Rides forge public–private partnership for smart transport    Egyptian pound rebounds at June 16 close – CBE    China's fixed asset investment surges in Jan–May    Egypt secures €21m EU grant for low-carbon transition    Sisi launches new support initiative for families of war, terrorism victims    Egypt, Cyprus discuss regional escalation, urge return to Iran-US talks    Egypt nuclear authority: No radiation rise amid regional unrest    Grand Egyptian Museum opening delayed to Q4    Egypt delays Grand Museum opening to Q4 amid regional tensions    Egypt slams Israeli strike on Iran, warns of regional chaos    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's EDA joins high-level Africa-Europe medicines regulatory talks    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Shipping at increased risk of collateral damage
Published in Albawaba on 07 - 10 - 2015

Risks to shipping using the Libyan ports of As Sidra and Ras Lanuf are currently at elevated risk of collateral damage, IHS Country Risk has reported.
Following the Islamic State attack on major Libyan oil port As Sidra on 1 October, Richard Cochrane, senior IHS Middle East North Africa analyst, said that while shipping is unlikely to be specifically targeted, ships are vulnerable to fighting between rival militias using "inaccurate Grad-type rockets and mortar fire".
Media reports of the Islamic State attack on the port state that it involved an attempted suicide bombing and a gun fight. Numbers of the killed and injured vary. Between one and three port guards, who belong to the Petroleum Facilities Guard (PFG) which controls the oil terminals, were reported to have been killed, along with the would-be bomber; two guards are said to have been critically injured, along with several Islamic State militants.
The port has been closed since December 2014. It is a key oil depot with the potential of shipping over 400,000 barrels of oil per day.
The oil terminals at As Sidra and Ras Lanuf are likely to be a "key long-term prize" in Islamic State's strategy, said Cochrane, due to the avenue they provide for oil export.
While the port is currently under the control of forces allied with the internationally recognised government based in Tobruk, Cochrane said that this could change.
The nearby town of Ajdabiya is the stronghold of the Jadhran family, one of whom, Ibrahim, commands the PFG. While Jadhran was allied with the government, Cochrane warned that this alliance has begun to break down in recent weeks.
In addition, Islamic State has started co-opting local tribes in this town.
"We're seeing a spike in assassinations and fighting in Ajdabiya, indicating that a power struggle is under way between local tribes and jihadists. This undermines security at the terminals and the outcome will obviously be relevant for risks going forward," said Cochrane.
In addition, oil tankers are at high risk of detention, as the PFG "refuses to recognise the authority of the National Oil Corporation in Tripoli to authorise oil shipments". But risks of damage to vessels stemming from this dispute are low, said Cochrane.
Due to the fighting in Ajdabiya, the ports at Brega (not under PFG control) and Zueitina are now also at risk, Cochrane confirmed.
Sirte seaport is under the control of IS and is currently closed. "All shipping on approach to Sirte faces a severe risk of coming under attack by Libyan National Army airpower," warned Cochrane.
Risks to port terminal infrastructure is mitigated by the desire of IS to exploit the revenue-earning potential of the terminals, an IHS Country Risk note stated in May this year.
The group is likely to seek profit from "the opaque system of payments surrounding the export and sale of oil in Libya, probably by infiltrating or co-opting the PFG," said the note.
However, while the group might maintain the terminals intact, there is an increased risk of "kidnap and death and injury to foreign nationals (particularly Westerners) working at these sites".
Maritime risk analysis firm Dryad Maritime issued a notice today advising vessels that are approaching Libya to "proceed with extreme caution and be prepared to respond to any VHF calls or warnings from military forces".
Vessels wishing to trade at any Libyan ports "should send their arrival notices and await authorisation to visit in accordance with local port regulations", advised the company, adding that a "comprehensive risk assessment should be conducted to ensure the hazards of trading at any Libyan port are fully understood".


Clic here to read the story from its source.