The Pioneer tanker, sanctioned by the United States over its links to Russia-sourced liquefied natural gas (LNG), has passed through the Suez Canal with an LNG cargo, LSEG data showed on Monday.
The canal is a key trade link between Europe and Asia © Mena Today
The Pioneer tanker, sanctioned by the United States over its links to Russia-sourced liquefied natural gas (LNG), has passed through the Suez Canal with an LNG cargo, LSEG data showed on Monday.
The source of the LNG and Palau-flagged Pioneer's destination were not immediately clear. The tanker is registered to Zara Shipholding Co, which has offices in Dubai and India's Mumbai.
Shippers have largely shunned the Suez route since late last year to avoid attacks by Iran-aligned Houthis in the Red Sea.
The canal is a key trade link between Europe and Asia, channeling nearly 12% of global cargo. The current crisis is forcing shipping companies to use longer routes, disrupting their schedules and adding to their costs.
Global fuel producers, including Russia, have been forced to change the way they deliver to Asia and go around Africa.
Last month, the United States imposed sanctions on two companies and two vessels, including Pioneer, which are linked to Russia's Arctic LNG 2 project, in one of Washington's latest move to penalise Moscow for its invasion of Ukraine.
According to U.S. the State Department, Pioneer was involved in a ship-to-ship transfer of gas from Arctic LNG 2 on Aug. 25.
Chinese President Xi Jinping called on Middle Eastern nations to oppose external interference and consider reshaping the region's security order during a visit to Egypt on Wednesday, as Beijing seeks to expand its influence amid the U.S. war against Iran.
A bus crash in Egypt's Sinai Peninsula killed 22 people and injured 28 on Wednesday, according to an updated toll from the health ministry, in a country plagued by aging infrastructure and frequent road deaths.
Chinese President Xi Jinping arrives in Egypt Tuesday evening on his first visit in a decade, as the war in the Middle East and US sanctions increasingly threaten Beijing's economic interests.
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