Treasury
3-MO 4.26% -2bp 6-MO 4.34% -1bp 1-YR 4.46% -3bp 2-YR 4.74% -3bp 3-YR 4.82% -3bp 5-YR 4.89% -2bp 7-YR 4.98% -2bp 10-YR 5.09% -1bp 20-YR 5.47% -1bp 30-YR 5.43% unch 3-MO 4.26% -2bp 6-MO 4.34% -1bp 1-YR 4.46% -3bp 2-YR 4.74% -3bp 3-YR 4.82% -3bp 5-YR 4.89% -2bp 7-YR 4.98% -2bp 10-YR 5.09% -1bp 20-YR 5.47% -1bp 30-YR 5.43% unch 3-MO 4.26% -2bp 6-MO 4.34% -1bp 1-YR 4.46% -3bp 2-YR 4.74% -3bp 3-YR 4.82% -3bp 5-YR 4.89% -2bp 7-YR 4.98% -2bp 10-YR 5.09% -1bp 20-YR 5.47% -1bp 30-YR 5.43% unch 3-MO 4.26% -2bp 6-MO 4.34% -1bp 1-YR 4.46% -3bp 2-YR 4.74% -3bp 3-YR 4.82% -3bp 5-YR 4.89% -2bp 7-YR 4.98% -2bp 10-YR 5.09% -1bp 20-YR 5.47% -1bp 30-YR 5.43% unch 3-MO 4.26% -2bp 6-MO 4.34% -1bp 1-YR 4.46% -3bp 2-YR 4.74% -3bp 3-YR 4.82% -3bp 5-YR 4.89% -2bp 7-YR 4.98% -2bp 10-YR 5.09% -1bp 20-YR 5.47% -1bp 30-YR 5.43% unch 3-MO 4.26% -2bp 6-MO 4.34% -1bp 1-YR 4.46% -3bp 2-YR 4.74% -3bp 3-YR 4.82% -3bp 5-YR 4.89% -2bp 7-YR 4.98% -2bp 10-YR 5.09% -1bp 20-YR 5.47% -1bp 30-YR 5.43% unch
US Treasury par yield curve · Oct 16 · Source: U.S. Treasury
Friday, October 16, 2026
U.S. Edition
Damietta

A drone struck the floating unit that turns imported gas back into gas at Egypt's Damietta port, and the two accounts of what happened do not describe the same event

A close photograph looking straight down at a dense bed of broken shell fragments and small pebbles, filling the frame edge to edge. The pieces are chalky white and pale grey with occasional rust brown stones among them, lit hard from one side so each fragment casts a small shadow. No object, person, lettering or brand mark is in view. Stock photo
Stock photo. Not the actual scene. Photo: Magda Ehlers / Pexels

This publication reported a GasLog ship in the Strait of Hormuz on Sunday morning and has until now said nothing about a GasLog ship on fire in Egypt. That is a gap, and this brief closes it four days late.

Fires broke out on two liquefied natural gas vessels at Damietta, on Egypt's Mediterranean coast, on Wednesday 29 July. Egypt's cabinet said the following morning that "preliminary investigations by the relevant authorities found that the incident was caused by a drone", as reported by Clara Nabaa at Euronews. No side has claimed responsibility. Nobody was hurt.

The two accounts available here do not describe the same event, and the difference is worth keeping rather than smoothing. Euronews, citing the maritime security firms Ambrey and Vanguard, reports that a drone struck the Energos Winter on its starboard side and that the fire then spread to the Gaslog Salem alongside. The Maritime Executive reports instead that two dockside vessels were hit simultaneously at 14.20 GMT, with the Salem's own crew putting out a small fire. One strike or two is not a detail. Both outlets agree the crews were evacuated, the fires were extinguished, and both ships were moved off the quay.

The Energos Winter is a Marshall Islands flagged floating storage and regasification unit. The Gaslog Salem is a Bermuda flagged LNG carrier.

An earlier version of this item said the Energos Winter was owned and operated by New Fortress Energy, and built a section around that company's silence on the Commission's file. Both were wrong, and the correction note at the foot of this page sets out how. New Fortress terminated its long term charters for the Energos Winter and three sister vessels in November 2025, and its own quarterly report for the quarter ended 30 June 2026 records that transaction as a sale of those vessels. It carries what it still holds in the vessel owner, Energos, at $1,000.

No public filing or statement from any owner has been released. The Egyptian cabinet's words are quoted here as Euronews obtained them, because no Egyptian government page carrying them was reachable from this desk.

Damietta once exported. Falling domestic production turned Egypt into a net importer, and the unit that was struck is the equipment that makes importing possible. Eni and TotalEnergies took a final investment decision this week to develop the Cronos field in Cypriot waters and pipe it to Damietta, which would point the terminal outward again.


Correction, August 21, 2026. This item, published August 2, said that the Energos Winter was "owned and operated by New Fortress Energy, a Delaware company listed on Nasdaq". It was not. The headline said a United States owned unit had been struck and that its Nasdaq listed owner had put nothing on the Commission's file since 25 June, the summary said New Fortress owns one of the two vessels, and a whole section of the body was built on the company's filing history. All of it rested on the ownership claim, and the ownership claim was wrong.

New Fortress Energy's own Form 10-Q for the quarter ended 30 June 2026, filed on August 6, records that the company sold substantially all of its stake in Energos in February 2024, and that in November 2025 it early terminated its long term charter agreements for the Energos Eskimo, Energos Winter, Energos Igloo and Energos Freeze and novated the associated sub-charters to Energos, for $150.0m in cash. The report states that the transaction resulted in the sale of those vessels and that the company no longer recognises charter revenue or vessel operating expenses on them. What it still holds in Energos is carried on the same report as an investment valued at $1,000.

The error was inherited and then adopted. The Euronews report this item is sourced to and credits describes the vessel as "owned by US company New Fortress Energy", and this desk repeated that as a flat fact of its own rather than as the outlet's characterisation, then reasoned from it. The headline, the summary, the ownership paragraph, the section on the company's filing history and the reader guidance have all been rewritten. Everything else stands: the date, the port, the two vessels, the cabinet's attribution to a drone, the disagreement between the two accounts of how the fire started, the absence of injuries, and what Damietta is for.

The lesson recorded for the desk is that who owns a ship is a fact about a corporate register and a set of filings, not a fact an outlet's adjective settles, and that it needed checking hardest precisely because the whole item was about to be built on it. Corrected August 21, 2026.

Where we read it: Clara Nabaa at Euronews. Read their story.

The document: New Fortress Energy Inc., Form 10-Q for the quarter ended 30 June 2026, filed 6 August 2026.