Middle East
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Iran relinquishes control of seven ships to India
Mumbai: The dissolution announced last week of joint venture Irano Hind Shipping will see all seven ships of the fleet…
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Middle East – China oil trade set for exponential growth
Singapore: In an exhaustive research programme launched yesterday by a trio of British establishments – Lloyd’s Register, Qinetiq and the…
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$15bn of investments into Sohar
Muscat: The volume of investments at Sohar Port will increase to more than $15bn, while another RO150m will be invested…
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Egypt discussing deal with Qatargas
Cairo: A delegation from Qatargas has visited the Egyptian Natural Gas Holding Company (EGAS) in Cairo to discuss exporting up…
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MSC Lirica headed to the UAE
Dubai: The cruiseship MSC Lirica will return to the United Arab Emirates for the 2013/2014 winter season. On November 5,…
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Kizad moves ahead with warehousing construction
Abu Dhabi: Khalifa Industrial Zone Abu Dhabi (Kizad), the new industrial and logistics zone situated next to Abu Dhabi’s Khalifa…
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Jebel Ali completes dredging programme
Dubai: DP World announced yesterday that it has successfully completed the largest dredging programme at its flagship Jebel Ali Port…
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Aramco and Shell complete world’s second-largest gasoline refinery
Doha: Motiva Company, the American giant oil refinery which is owned equally between Saudi Aramco and Royal Dutch Shell,…
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Suez Canal museum mooted
Cairo: The head of the Suez Canal Authority (SCA) Mohab Memish said yesterday that he plans to turn the…
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Jubilant Jubail
Doha: The general director of Jubail Commercial Port, Captain Fahd bin Ahmed Al Amer, revealed that there is a…
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Iraqi oil bound for Aqaba for export
Dubai: The oil minister of Iraq, Abdul Karim Laeby, on Wednesday said that in the next few days there will…
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Drydocks World launches global offshore quick response unit
Dubai: Drydocks World, the Dubai ship repair giant, has launched a new global offshore services division to be on call…
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UASC and CSCL join forces on the transpacific
Shanghai: United Arab Shipping Co and China Shipping Container Lines continue to forge closer ties, the pair agreeing to join…
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Khalifa on track to join the box millionaires’ club
Dubai: In its first four months of operations, from September to January, the giant new UAE port of Khalifa handled…
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Capital raised for chemical complex
Doha: A joint venture between Aramco and Dow Chemical raised $2bn from an Islamic bond. Sadara Chemical Company will use…
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Irano Hind Shipping disbanded
Dubai: New Delhi has decided to close the 38-year-old joint venture between the Shipping Corporation of India (SCI) and Islamic…
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Jebel Ali sets sights high
Dubai: DP World has set the bar high in its plans for Jebel Ali, insisting that it will become one…
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Saudi oil export prospects on the mend
Doha: Saudi oil minister Ali al-Naimi expects that foreign demand for Saudi crude will increase in the next few months.…
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Dammam Port expansion urgently needed
Doha: Expansion underway at Saudi Arabia’s Dammam Port, also known as King Adbul Aziz Port, cannot happen quick enough, according…
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Red Sea port part of MSC’s terminal sale
Doha: News that leading containerline Mediterranean Shipping Co is selling a 35% stake in its Terminal Investment Limited division to…
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