Middle East
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Egypt earmarks billions to develop petrochemicals sector
Cairo: Egypt plans to invest $14.5bn in developing its refining and petrochemicals sectors over the next five years, its oil…
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Another Zim shipped blocked at Oakland
Los Angeles: Anti-Israel protesters in Oakland, California prevented a Zim boxship from unloading its goods at the city's port on…
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Kuwait’s Mubarak-Al Kabir port project slips behind schedule
Dubai: The long planned Mubarak-Al Kabir port in Kuwait is slipping behind schedule. Local media cited political disputes as the…
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UASC teams up with Hamburg Sud
Dubai: United Arab Shipping Company (UASC) and Hamburg Süd have signed a global cooperation agreement. The agreement came after a…
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Clarion bought out
Dubai: Apollo LogiSolutions, a subsidiary of logistic provider Apollo International, has acquired a majority stake in Dubai-based shipping logistics company…
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Fujairah adding oil facilities
Dubai: Fujairah is bolstering its oil facilties. The UAE’s only port on the Arabian Sea will build greater storage and…
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Chinese firm gets nod to build Ashdod port
Beijing: The Beijing-based company China Harbor Engineering Company (CHEC) is to build a private port at Ashdod in Israel. The…
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Dubai establishes maritime arbitration centre
Dubai: A maritime arbitration centre has been set up in Dubai. Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown…
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Strike hits Safaga
Cairo: Dozens of trucks coming from various Gulf states have all backed up at the Egyptian Safaga Port, due to…
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Quarter of digging complete for new Suez Canal
Cairo: Despite plenty of local reports that construction has been plagued by a number of leakages. Major General Kamel Al-Waziri,…
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Rocket attack halts oil shipments at Zawiya
Cairo: Production has been temporarily shut down at the 340,000-barrels-a-day Sharara field in Libya after a rocket hit a tank…
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Egyptians rush to buy into new Suez project
Cairo: It took just eight days for Egypt to raise the $8.5bn it sought in funding for the new Suez…
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Gulf Drilling orders at Keppel FELS
Singapore: Keppel FELS announced that it has secured contracts to build two jackup rigs from returning customer Gulf Drilling International…
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India to lead development of Chabahar
New Delhi: The Narendra Modi government is expected to give the go-ahead to India developing the strategic Iranian port of…
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Khalifa still spending big to expand
Abu Dhabi: Abu Dhabi Terminals, which operates and manages Khalifa Port Container Terminal, will spend Dh400m in the next three…
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Ships calling at Benghazi could be targeted
Cairo: Retired Libyan general Khalifa Haftar on Sunday threatened to order his troops to shoot ships entering the Port of…
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P&O Maritime buys majority stake in Spanish OSV firm
Dubai: P&O Maritime, part of the DP World empire, has acquired a majority stake in Remolcadores de Puerto y Altura…
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Iran and Qatar form shipping pact
Doha: Tehran and Doha are planning to set up a direct shipping line in the Persian Gulf waters in the…
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Topaz Marine Engineering: Middle East’s super competitive yard scene
Dubai: A leading shipyard executive in the Middle East has questioned the incredibly low prices some of his competitors are…
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Yard boss questions cutthroat yard scene
Dubai: A veteran of the Middle East shipyard scene has questioned the incredibly low prices some of his competitors are…
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