Middle East
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Ships advised to wait further offshore as rockets rain down around Israel
Shipping lines are being advised to wait further offshore when calling Israel as the nation battles Hamas. Yesterday Hamas launched…
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Korean yards seal bumper Qatar gas carrier orders
South Korea’s president, Yoon Suk Yeol, is jetting back home having concluded an incredibly successful trade mission to Qatar with…
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DSV forms $10bn logistics joint venture with Saudi Arabia’s NEOM
Danish logistics giant DSV has set up a $10bn joint venture with NEOM, Saudi Arabia’s $500bn futuristic city project. The…
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PSA’s SGP inks $267m Saudi logistics zone deal
The Saudi Ports Authority (Mawani) and Saudi Global Ports (SGP), a subsidiary of Singapore’s port operator PSA, have signed an…
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DP World takes over the running of Tanzania’s largest port
DP World has signed a 30-year concession agreement with the Tanzania Ports Authority (TPA) to operate and modernise the multipurpose…
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QatarEnergy pens 27-year LNG supply deal with Eni
Italian energy major Eni has signed a long-term contract with QatarEnergy LNG NFE for the delivery of up to 1.5bn…
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DP World takes over US automotive logistics company CFR Rinken
Dubai’s state-owned ports giant DP World has acquired California-based containerised car shipping specialist and freight forwarder CFR Rinken for an…
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Tankers International pool adds Kuwait Petroleum and TRF VLCCs
UK-based VLCC pool operator Tankers International is expanding with the addition of two ships from newcomer Kuwait Petroleum Corporation (KPC),…
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Transworld fails in bid to privatise Shreyas
India’s Shreyas Shipping and Logistics will not be privatised after all as the counter-offer made by Dubai parent Transworld Holdings…
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AD Ports’ Safeen joines forces with Azerbaijan’s Socar
Safeen Group, a shipping unit of Abu Dhabi-based ports and logistics giant AD Ports, has teamed up with Azeri national…
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Middle East gas contracts sealed to Japan and the Netherlands
The United Arab Emirates and Qatar have signed new agreements to supply liquefied natural gas (LNG) to Japan and the…
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DP World raises $1.5bn for green projects
Dubai terminal operator DP World has raised $1.5bn through a green sukuk. The sukuk, which was oversubscribed 2.3x due to…
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France secures Qatar LNG supplies
French energy major TotalEnergies has sealed a gas supply deal with Middle Eastern liquefied natural gas (LNG) producer QatarEnergy for…
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Egypt emerges as new hub for Russian oil transfers
A new hub is emerging for ship-to-ship (STS) transfers of Russian oil. In the shadow tanker game of whac-a-mole where…
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Shipping on alert as Israel’s war with Hamas enters fourth day
The war that has broken out between Israel and Hamas has shuttered one port 10 km north of the border…
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Maersk presses ahead with Egyptian green methanol project
Maersk’s new green methanol-producing subsidiary C2X has inked a framework agreement worth up to $3bn with the Egyptian government to…
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DP World joins forces with Indian batting legend Sachin Tendulkar in bid to make cricket more global
Today marks the start of the Cricket World Cup in India, one of the largest sporting occasions across the globe,…
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Saipem bags $4.1bn Hail and Ghasha EPC deal from ADNOC
Italian energy services contractor Saipem, in consortium with National Petroleum Construction Company, has won a contract from ADNOC for work…
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Gulf Navigation makes bid to take over Brooge Energy
Dubai-based maritime and shipping company Gulf Navigation (GulfNav) has submitted a formal proposal to fully acquire all businesses and assets…
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Transworld completes Shreyas privatisation process
Dubai-based Transworld Holdings has managed to privatise subsidiary Shreyas Shipping, taking it off two stock exchanges in India. Transworld said…
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