Middle East
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Mohammed Sharaf steps down from DP World
Terminal operator DP World announced that, after 23 years with the group including 11 years as group ceo, Mohammed Sharaf…
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Fincantieri signs deals to boost Iranian yards
In the presence of the Italian prime minister Matteo Renzi and the president of Iran Hassan Rouhani – on an…
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Saudi Aramco, Bahri, HHI and Lamprell to develop shipyard complex
Hyundai Heavy Industries (HHI) and Lamprell Energy have joined the joint venture developing a proposed shipbuilding and maintenance complex in…
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Gulf Drilling International renews options for more jack-up rigs from Keppel
Gulf Drilling International (GDI) has renewed options for two more KFELS B-Class jack-up drilling rigs from Keppel FELS for delivery in…
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Egypt denies BP gas ship was turned away due to payment issues
Confusion surrounds an LNG shipment from BP bound for Egypt. LNG tanker British Sapphire was diverted to Brazil rather than…
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NITC to list to help fund newbuild programme
Iran’s leading tanker firm is eyeing a listing to help fund its large fleet expansion plans in the wake of…
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DP World joins forces with Russia
Global container terminal operator DP World has launched a joint venture with the Russian Direct Investment Fund (RDIF) that will…
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Service providers flock to Tehran
Shipping service providers are booking flights to Tehran en masse. As the markets remain dour, Iran’s return to the international…
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UASC mega containership damaged by storm on maiden voyage
UASC’s ultra large containership Al Zubara suffered damage and lost containers during a storm on its maiden voyage. The vessel…
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Pemex signs MOUs with Saudi Aramco and Mubadala Petroleum
Mexico’s state oil firm Pemex has signed memorandums of understanding (MOUs) with two major Middle East players about potential cooperation…
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Iran’s return has yards salivating
So then what to make of the return of Iran – the holder of the world’s fourth-largest reserves of crude…
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Mena Energy takes Fratelli d’Amico tanker on 3-year charter
Rome-based Fratelli d’Amico has chartered out LR2 tanker to Dubai-based Mena Energy for a period of three years. The charter…
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Giant gas reserve found off Israel
A huge gas reserve off Israel was announced on Sunday. Two local firms – Isramco Negev and Modiin Energy –…
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Gulf Navigation’s board sees mass exodus
The chairman of Gulf Navigation’s board and six of its members have resigned from their positions, just under a month…
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National Iranian Tanker Company eyes 25 tankers
National Iranian Tanker Company (NITC) is ready to return to the international market as soon as the sanctions against the…
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Shipping told be more vigilant when transiting near Iran
Commercial shipping – especially US-flagged ships – have been warned to remain extremely vigilant when transiting waters near Iran. The…
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Dryad Maritime warns on deteriorating security situation at Libyan ports
UK security firm Dryad Maritime has warned the deteriorating security situation at key ports in Libya seen in recent days…
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IRISL discusses renewing 2008 bulker contract with SPP
Korean shipbuilding news site Asiasis reports that Islamic Republic of Iran Shipping Lines (IRISL) and South Korea’s SPP Shipbuilding are…
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Tankers tipped to return to Libya’s Ras Lanuf
Officials at Libya’s National Oil Co are attempting to load oil at the eastern port of Ras Lanuf for the…
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PACC Offshore Services expands into Saudi Arabia
Singapore’s PACC Offshore Services Holdings (POSH) has expanded into the Middle East by establishing POSH Saudi Company, a joint venture with…
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