Middle East
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Polarcus secures seismic project in Indonesia
Polarcus has announced that the company has received an LOI from an undisclosed client for a 3D marine seismic contract…
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POSH and Makamin spat continues
The spat continues between POSH Semco (PSPL) and Makamin Offshore Saudi, which has accused the Singapore-based company of forging or…
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Hyundai Heavy tipped to win IRISL boxship trio
The Iranian slew of ship orders are due to get underway very shortly with South Korea’s Hyundai Heavy Industries (HHI)…
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Rem Offshore gets contract cancellation for CSV
Rem Offshore has received a contract termination from Bahrain-based Adams Offshore for its multi-support and construction vessel (CSV) Rem Poseidon…
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Bahri secures islamic financing for five newbuild VLCCs
National Shipping Company of Saudi Arabia (Bahri) has announced financing, via a Murabaha facility, for five VLCCs the company has…
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Mermaid Maritime secures Qatar subsea cable installation job
Thai subsea specialist Mermaid Maritime’s Qatari business unit has been awarded a subsea cable installation from an existing customer, a…
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Former Ashdod port workers indicted
The Israeli government yesterday filed indictments against Alon Hassan, a former Ashdod port union boss, and five others. The indictment…
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RINA classes its first Iranian vessels
Italian classification society RINA and the Tehran-based Asian Classification Society (ACS) have classified two 15,000-gt general cargo ships owned by…
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Milaha: Tankers rescue Qatari line from troubled OSV market
Doha: Qatar’s diverse owner Milaha has managed to get through the dire offshore markets via its solid tanker earnings. This…
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PACC Offshore subsidiary sues Makamin for hire in Saudi Arabia
Singapore-based POSH Semco has served Makamin Offshore Saudi with court papers in Saudi Arabia in order to recover around SAR…
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Hyundai Samho bags Middle Eastern suezmax orders
South Korea’s Hyundai Samho Heavy Industries has bagged an order for a pair of 158,000 dwt coated suezmaxes from (AMPTC),…
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IRISL back calling across Northern Europe
Islamic Republic of Iran Shipping Lines is officially back calling at Northern Europe following the call yesterday of the Azargoun…
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OneSubsea to provide production systems for BP’s Nile Delta fields
BP Exploration (Delta) and its partner DEA Deutsche Erdoel have awarded OneSubsea with a contract to supply subsea production systems…
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Hercules Offshore jackup rates jacked down by Saudi Aramco
Hercules Offshore has announced that it has received notice from Saudi Aramco reducing the dayrates of jackups Hercules 261 and…
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DP World to set up Indian holding company with IPO in mind
Dubai terminal operator DP World has been allowed by New Delhi to open an Indian holding company for its portfolio…
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Tristar buys ESHIPS from Oldendorff for $90m
UAE-based logistics group Tristar has confirmed its acquisition of Abu Dhabi’s ESHIPS (Emirates Ship Investment Company) for $90m from Egon…
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Fire kills two Indian seafarers
Two Indian sailors were killed and three others injured when an Omani ship Al Sadaa caught fire off the Yemeni…
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Splash turns one: ‘A year that proved shipping investors can’t take anything for granted’
Many friends questioned my colleague Grant Rowles and I when we set about launching a global shipping news site. Last…
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McDermott awarded Middle East contract
McDermott International has announced today that it has been awarded an offshore contract by an upstream oil and gas operator…
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Topaz lands 14-vessel extension from BP for work offshore Azerbaijan
Topaz Energy and Marine has secured a contract from BP Exploration (Caspian Sea) to extend the running contracts on 14…
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