Middle East
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CTM supramax pool expands with XT Shipping vessel
XT Shipping, the joint venture between Idan Ofer and Udi Angel, has joined C Transport Maritime’s (CTM) Supramax Revenue Sharing…
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Dulam sells DSV for scrap
Dubai-based subsea contractor Dulam has sold its ageing dive support vessel Oceanic Installer for recycling in Sharjah, UAE. Cash buyer…
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DNV and UAE establishing maritime decarbonisation centre
Classification society DNV signed a Memorandum of Understanding (MoU) with the UAE Ministry of Energy and Infrastructure for establishing a…
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Nexans wins $1.6bn EuroAsia Interconnector contract
French cabling specialist Nexans has won a €1.43bn ($1.6bn) contract to deliver the section of the EuroAsia Interconnector that connects…
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Transworld and Fleet form shipmanagement joint venture
Transworld Group and Fleet Management have established a new shipmanagement joint venture, Transworld Fleet Management, the latest in a series…
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The rise and fall of the biggest names associated with the dark fleet
In the game of tanker whack-a-mole, as port states attempt to crack down on companies hauling Russian oil, some previously…
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McDermott lands another major contract in Qatar
US subsea and deepwater engineering and construction player McDermott has secured a major contract worth between $750m and $1.5bn from…
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68-page final investigation report into the Ever Given Suez grounding released
The Panamanian registry, which has the on its books, has published its verdict on this decade’s most high-profile shipping accident. …
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Indonesia seizes Iranian-flagged VLCC
Indonesian authorities have seized an Iranian-flagged very large crude carrier suspected of illegal ship-to-ship oil transfer in the country’s North…
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Oil transfer from FSO Safer set to start next week
Transfer of crude oil from the dilapidated FSO Safer stranded off the coast of Yemen, is expected to start early…
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Iran seizes chemical tanker
Iran’s Revolutionary Guards seized a Tanzanian flagged chemical tanker yesterday, 24 hours after Iran had attempted to detain two other…
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Shots fired in latest Iranian tanker skirmish
A US destroyer has prevented attempts by the Iranian Navy to seize two commercial tankers in international waters in the…
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Masdar set to take slice of Iberdrola’s German wind farm
Spanish electric utility company Iberdrola is reportedly set to form a strategic tie-up with Abu Dhabi-based renewable energy company Masdar…
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Bahri lets go of ageing VLCC
Saudi Arabia’s top shipping line, Bahri, has offloaded one of its oldest very large crude carriers (VLCCs). The Riyadh-based tanker…
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Saipem scores $1bn in offshore deals
Italian energy services contractor Saipem has been awarded two new contracts in the Middle East and Brazil worth around $1bn.…
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Aquaterra Energy scores decommissioning contract in the Middle East
Offshore engineering specialist Aquaterra Energy has won a multi-million-pound contract working in partnership with TPMC to support a decommissioning campaign…
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K&O Ship Management emerges as another Dubai name linked to dark fleet
Another Dubai shipmanager has emerged for European politicians to investigate and target when further Russia sanctions are discussed. In February,…
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Tomini makes first cape foray
Tomini Shipping has again added to its fleet of dry bulk carriers with the purchase of its first cape. The…
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Saipem picks up pair of drilling contracts worth $550m
Italy’s Saipem has won two new offshore drilling contracts worth a total of around $550m. The first contract will keep…
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Seadrill mulls sale of jackup trio in Qatar
Seadrill is looking to sell three jackup rigs and an equity interest in its Qatari joint venture, Gulfdrill. The New…
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