Drone Strike Hits Gas Tankers at Egypt's Damietta Port

A U.S.-owned floating gas storage tanker was hit by a drone at the Egyptian Mediterranean port of Damietta on Wednesday, igniting a fire that spread to a second vessel, according to reports from maritime security and port services firms. The incident highlights the growing security risks to critical energy infrastructure in a vital shipping region.

Details of the Attack

Maritime security firm Ambrey initially reported that a drone struck the floating storage tanker Energos Winter. The resulting fire then spread to a second vessel, the Gaslog Salem, according to three trading sources familiar with the incident who spoke to Reuters.

Port services firm Inchcape separately confirmed that two gas tankers had caught fire at the port. Two separate security sources attributed the cause of the blast to a drone strike. According to Ambrey, the crew was evacuated and the fire has been brought under control. No party has yet claimed responsibility for the attack.

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Market Impact and Context

The attack on a key energy hub injects fresh uncertainty into global energy markets, which are highly sensitive to geopolitical instability. Damietta is one of Egypt's two major liquefied natural gas (LNG) export terminals, making it a strategic chokepoint for gas supplies, particularly those headed to Europe.

Incidents that threaten the security of energy supply chains can lead to a geopolitical risk premium being priced into commodities. Investors will closely watch for any potential impact on LNG loadings from the terminal and for signs of broader regional tensions that could affect shipping through the Mediterranean and the nearby Suez Canal.