Middle East
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ADMA-OPCO signs for four platforms worth $1.94bn
Dubai: Hyundai Heavy Industries, the giant Korean shipbuilder, has won a $1.94bn order to build four offshore oil production platforms…
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Container trades shakeup as Maersk and MSC seal deal
Singapore: Middle Eastern container trades are set for a giant shake up with news out today that the world’s top…
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IRISL confident sanctions will be lifted
Dubai: Like its tanker peer NITC, Iranian containerline Islamic Republic of Iran Shipping Lines (IRISL) is hopeful sanctions against it…
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Riyadh Dry Port box volumes to double on opening of new Dammam terminal
Doha: The number of containers at Riyadh Dry Port is expected to double with a new port – PSA King…
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DP World kicked out of Djibouti
Dubai: Djibouti’s government has cancelled DP World’s concession at the Doraleh Container Terminal, suggesting there was corruption involved in the…
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Ashdod port workers strike
Cairo: Chaos reigns at Asdod Port where an impasse between workers and the state has forced the port to shut…
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Cranes shift to new Omani terminal
Muscat: Oman International Container Terminal (OICT) has successfully completed the month-long task of moving its quayside cranes together with other…
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More woes for Varun crew off Dubai
Dubai: The crew of a second ship, Maharshi Bhavatreya, which has been stranded off Dubai for months, will be going…
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Rocket shrapnel hits cruiseship leaving Ashdod
Cairo: AIDAdiva, a cruiseship carrying German passengers on board came under rocket fire when leaving the Israeli port of Ashdod,…
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Saudi port plans progress
Dubai: Emaar Economic City has announced that shareholders of its Port Development Company subsidiary agreed to an increase in capital…
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NITC hopeful of European return
Dubai: The managing director of the National Iranian Tanker Company is confident his ships will be trading in European waters…
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Iran and Qatar to establish joint free trade zones
Doha: Iran and Qatar are setting up joint economic trade zones in Bushehr, southern Iran, and in two Qatari ports.…
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One step forward, two back for Zim?
Cairo: Zim’s longstanding battle to reduce the burden of the government’s golden share in the containerline looks to be over.…
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Two key Libyan terminals reopen
Cairo: Rebels blockading eastern ports said the nation's largest and third-largest export facilities can ship crude again. Es Sider and…
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LNG retrofits for N-KOM
Dubai: Qatar shipyard Nakilat-Keppel Offshore Marine has inked a milestone agreement with HeLenGi Engineering for the retrofit of Greek ferries…
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Iran bolsters maritime ties with Kazakhstan
Dubai: Iranian and Kazakh officials have vowed further expansion of mutual cooperation in ports and maritime areas. During a meeting…
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Zim’s ceo to step down
Cairo: Zim’s chief executive, Rafi Danieli, is likely to step down once the long restructuring process of the Israeli containerline…
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Dubai rig contractor reportedly cancels London IPO
Dubai: Oil-rig contractor Shelf Drilling is cancelling its plan to list on the London Stock Exchange because of insufficient interest,…
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Delay in Egypt’s LNG import plans
Cairo: Egypt expects a delay in the delivery of an import terminal for liquefied natural gas (LNG), a source at…
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Oldendorff buys out Eships
Dubai: Abu Dhabi dry bulk shipowner Eships has been taken over by Germany’s Egon Oldendorff. Oldendorff is teaming up with…
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