Middle East
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Dubai’s Teodor Shipping snaps up its first VLCC
Dubai’s Teodor Shipping, a relatively young shipowner with a fleet of 14 tankers and a bitumen vessel, has snapped up…
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Plans unveiled for the world’s largest wave power plant in Turkey
Swedish-Israeli developer Eco Wave Power has inked a deal with Oren Ordu Enerji in Turkey for the potential construction of…
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DP World and Puntland government sign agreement to upgrade Port of Bosaso
The Port of Bosaso, in the Puntland region in northeastern Somalia, will soon embark on a 12-month construction project. DP…
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Shelf Drilling scores Eni contracts for jackup pair
Oslo-listed jackup rig operator Shelf Drilling has secured two long-term contracts from Eni for operations in the Adriatic Sea offshore…
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AD Ports teams with AFC to invest in African ports
Abu Dhabi-based ports and logistics giant AD Ports Group has partnered with the pan-African multilateral development finance institution Africa Finance…
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GAC acquires ESL Shipping’s agency business in Sweden
Global shipping, logistics and marine services provider GAC has acquired the agency business of Finland-based ESL Shipping’s Swedish subsidiary Norra…
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Germany secures Qatar LNG supply under ConocoPhillips deal
Qatar has agreed to supply Germany with liquefied natural gas under a long-term deal as the latter continues to seek…
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UNCTAD unveils the world’s most efficient tanker, dry bulk and container ports
Qatar has been crowned world champion when it comes to handling liquid bulk. The hosts of this year’s FIFA World…
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Pontus Fredriksson named new GAC president
Global shipping, logistics and marine services provider GAC Group has announced the appointment of Pontus Fredriksson as its new president…
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New Russian boxships ordered for trade with Iran
According to Alphaliner, Russia’s United Shipbuilding Corporation (USC)will build four sea-river container/MPP ships of 435 teu for GTLK, the largest…
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Saudi Aramco dishes out new deals worth $11bn
Saudi Aramco has inked 59 corporate procurement agreements (CPAs) valued at $11bn with up to 51 domestic and international manufacturers,…
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Drone attack on VLCC taking on oil in Yemen
A near miss for a VLCC from another drone strike at a terminal in Yemen yesterday has ship operators worried…
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Containers front and centre in tonight’s World Cup match between Poland and Mexico
At 7pm local time tonight Mexico will kick off against Poland in the FIFA World Cup at a remarkable shipping-inspired…
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Transworld enters the tanker segment
Dubai’s Transworld Group has diversified from its container origins into the tanker sector. The company, which also has a small…
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Adnoc Drilling expands further with $320m jackup trio
UAE-based Adnoc Drilling, the largest national drilling company in the Middle East by rig fleet size, has further expanded its…
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Qatar and China sign 27-year LNG deal
One of the top liquefied natural gas (LNG) exporters QatarEnergy has penned a long-term agreement with China Petroleum & Chemical…
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Drone sightings in Middle Eastern waters spark concern
Britain’s maritime agency said a drone circled a ship in the Gulf of Oman on Friday, three days after an…
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Shelf Drilling seals Angola jackup extension with Chevron
Dubai-headquartered jackup rig operator Shelf Drilling has secured an extension on the 2007-built in direct continuation of its current contract…
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AD Ports acquires Noatum for $660m
Fast growing AD Ports Group has bought Spanish ports firm Noatum for $660m. This will be AD Ports Group’s third…
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US blames Iran for Tuesday’s drone attack on Eastern Pacific product tanker
The US has said Iran was behind this week’s attack on Eastern Pacific Shipping’s product tanker . The Singapore-based company…
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