Middle East
-
Topaz wins $50m PSV deal in West Africa
Dubai: Offshore support firm Topaz Energy and Marine has announced the expansion of its West African operations with the award…
Read More » -
Gulf Navigation share price jumps despite spiralling losses
Dubai: The share price of embattled Gulf Navigation leapt yesterday on the back of its release of its annual results.…
Read More » -
Gulf Navigation eyes bond issuance
Dubai: Struggling tanker operator Gulf Navigation of Dubai has appointed National Bank of Abu Dhabi to plough ahead with a…
Read More » -
New Saudi port rising
Doha: Port construction at Alleith is underway designed to relieve port congestion in Saudi Arabia’s Western Province. The port will…
Read More » -
Nakilat eyeing more ships
Doha: Nakilat managing director Abdullah Fadhalah Al Sulaiti is lineing up a renewed fleet buildup. Already Qatar’s largest shipowner with…
Read More » -
Dynamic adds staff in Dubai
Dubai: Bunker and lube supplier Dynamic Oil Trading is adding people to its recently launched Dubai office. Bunker traders Leonore…
Read More » -
Nakilat: Eyeing more ships
Doha: A month ago our sister site, GulfShip News, reported figures from VesselsValue.com showing clearly that Qatar was by some…
Read More » -
IRISL plans fleet expansion
Dubai: The boss of Iranian containerline has told local newswire Tasnim that sanctions against it saw it forfeit up to…
Read More » -
Suez Canal tolls to rise
Cairo: Tolls at the Suez Canal are set to rise for a third consecutive year by as much as 2.6%. …
Read More » -
First oil discovery in the east of Oman
Muscat: Hibiscus Petroleum jointly-controlled entity with Lime Petroleum, Masirah Oil Limited, has hit oil in its second exploration well in…
Read More » -
Stronger second half comforts DP World figures
Dubai: DP World handled 55m teu across its global portfolio of container terminals during 2013, with gross container volumes growing…
Read More » -
Northern Saudi city set for industrial transformation
Doha: Agreements worth SR36bn were signed on Tuesday to develop Waad Al-Shamal Industrial City in the north of Saudi Arabia.…
Read More » -
ASRY increases technical resources with Solas facility
Muscat: ASRY, a ship and rig repair yard in Bahrain, is expanding its range of in-yard services by signing an…
Read More » -
UASC stands out in reliability study
Copenhagen: Liner analysts SeaIntel have analysed the development in carriers’ on-time performance from 2012 to 2013, with United Arab Shipping…
Read More » -
Nile container transhipment service launched
Cairo: The National Company for Multimodal Transport (NMT), a subsidiary of Nile Logistics, announced on Sunday the launch of a…
Read More » -
UASC exercises options for six more ships
Dubai: United Arab Shipping Company (UASC) has signed for options of six additional 14,000 teu vessels bringing its total order…
Read More » -
Stanford Marine secures Total charter
Dubai: Offshore player Stanford Marine has secured a five-year contract with Total E&P Angola for Stanford Hawk, the latest PSV…
Read More » -
Record volumes on Suez Canal
Cairo: Egypt's international shipping lane has broken its record for the amount of cargo sent through it in a single…
Read More » -
CMA CGM deploys armed guards, calls Somalia
Dubai: CMA CGM is expanding services to Somalia by extending its Middle East service Noura Express. Armed guards will be…
Read More » -
Gulf Navigation quits VLCC trades, sells tanker pair
Dubai: Financially struggling Gulf Navigation has confirmed it has sold two VLCCs. The Dubai owner sold the Gulf Sheba and…
Read More »