Middle East
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Iranian president hints at tanker trade to deescalate Hormuz crisis
Iran’s president yesterday hinted he’d be up for a tanker trade with the UK in order to deescalate the tense…
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Adnoc forming Chinese LPG shipping venture
Abu Dhabi National Oil Company (Adnoc) is creating an LPG shipping joint venture with China’s Wanhua Chemical. The agreement builds…
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DP World signs up for East Java boxport project
Two preliminary agreements between DP World and Indonesian conglomerate Maspion Group were signed yesterday to create a $1.2bn container port…
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Europe welcomes UK’s Hormuz patrol proposal
A host of European nations are coming out in support of the UK’s call for a naval coalition to assist…
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UN warns of environmental catastrophe posed by stranded FSO off Yemen
An abandoned FSO off Yemen with 1.1m barrels of oil onboard has been branded a potential environmental disaster in waiting…
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Qatar Petroleum buys into three blocks offshore Kenya
Qatar Petroleum has reached a deal to acquire a 25% interesting in three exploration blocks off Kenya. The agreement, which…
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UK seeks European naval coalition to patrol Hormuz
With the US telling London it must handle the impasse by itself, the British government yesterday mooted the idea of…
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UAE charterer of seized tanker denies Iranian claims of fuel smuggling
The charterer of a small product tanker seized by Iran earlier this month has rubbished claims the ship was engaged…
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Iran releases images of detained Stena Impero crew as UK readies response
Iranian authorities have said the 23 crew of the detained in the port of Bandar Abbas since Friday are okay.…
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All British ships told to avoid Strait of Hormuz
All British ships have been told by the UK government to avoid transiting the Strait of Hormuz for an indefinite…
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Iran seizes Stena and Norbulk tankers
Two tankers were taken into Iranian waters today, sending merchant shipping into heightened crisis mode. As has been widely reported,…
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Iran arrests tanker while US shoots down drone over Hormuz
The tense situation in and around the Strait of Hormuz remains a huge concern for world shipping with Iranian media…
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ASRY appoints acting CEO
Bahrain’s ship repair and fabrication yard ASRY has appointed Magdy Sharkawy as the acting CEO of the company, replacing Andy…
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Bihar International orders up to eight tankers at New Times Shipbuilding
Saudi Arabian owner Bihar International has placed orders at China’s New Times Shipbuilding for the construction of up to eight…
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Japan mulls changing its constitution in order to protect oil supplies through Hormuz
Japanese politicians spent Sunday debating whether the country’s Self-Defense Forces (SDF) troops should take part in a US-proposed coalition to…
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Iranian VLCC at centre of diplomatic storm with the UK set to depart Gibraltar
Both the crew and the Iranian VLCC arrested in Gibraltar earlier this month are set to depart the British territory…
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Tanker rift between the UK and Iran escalates
The tanker rift between the UK and Iran is escalating. Police in Gibraltar have arrested the Indian captain and chief…
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McDermott awarded North Field Expansion FEED contract by Qatar Petroleum
Houston-headquartered McDermott International has been awarded a contract by Qatar Petroleum for front-end engineering and design work for offshore wellhead…
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BP tanker targeted by Iranians
The UK’s Ministry of Defence has revealed three boats belonging to the Iranian Revolutionary Guards tried to seize an Isle…
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S’hail adds panamax pair into Klaveness pool
S’hail Shipping has placed panamax pair S’hail al Rayan and S’hail al Dukhan into the Baumarine pool, a specialised panamax,…
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