Middle East
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US, UK and France lead discussion on creating a Gulf naval coalition
Britain, the US, France and a host of European and Asian nations are meeting today in Bahrain to discuss plans…
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Tomini’s supramax exit draws close
After close to a year, weekly circulating its exit from the supramax segment, and fixing and failing on several occasions,…
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BP’s tankers avoid Hormuz as Stena Bulk voices concern for crew detained in Iran
BP, the seventh largest oil company in the world, has not taken any of its own tankers through the Strait…
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Qatar Petroleum buys into two blocks off Guyana
Qatar Petroleum has entered into an agreement with Total for a 40% share of Total’s interest in two blocks offshore…
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Stena Bulk seeks access to impounded tanker
Stena Bulk is asking Iranian authorities to get access to its impounded product tanker, , and the 23 crew onboard.…
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Mohammad Saeedi steps down at IRISL
Iran’s largest shipping line has a new boss after Mohammad Saeedi resigned yesterday from his role as managing director of…
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Japan Drilling Company jackup pair extended off Qatar
Japan Drilling Company jackup rig pair Hakuryu 10 and Hakuryu 12 have both been awarded one-year extensions by North Oil…
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NPCC and Petrofac secure FEED contract for Belbazem
National Petroleum Construction Company (NPCC), together with its joint venture partner Petrofac, has secured a new contract from Al Yasat…
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Iran starts to release detained crew
Iran has released nine out of 12 Indians who were onboard the tanker that was detained in early July, accused…
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Iranian president hints at tanker trade to deescalate Hormuz crisis
Iran’s president yesterday hinted he’d be up for a tanker trade with the UK in order to deescalate the tense…
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Adnoc forming Chinese LPG shipping venture
Abu Dhabi National Oil Company (Adnoc) is creating an LPG shipping joint venture with China’s Wanhua Chemical. The agreement builds…
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DP World signs up for East Java boxport project
Two preliminary agreements between DP World and Indonesian conglomerate Maspion Group were signed yesterday to create a $1.2bn container port…
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Europe welcomes UK’s Hormuz patrol proposal
A host of European nations are coming out in support of the UK’s call for a naval coalition to assist…
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UN warns of environmental catastrophe posed by stranded FSO off Yemen
An abandoned FSO off Yemen with 1.1m barrels of oil onboard has been branded a potential environmental disaster in waiting…
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Qatar Petroleum buys into three blocks offshore Kenya
Qatar Petroleum has reached a deal to acquire a 25% interesting in three exploration blocks off Kenya. The agreement, which…
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UK seeks European naval coalition to patrol Hormuz
With the US telling London it must handle the impasse by itself, the British government yesterday mooted the idea of…
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UAE charterer of seized tanker denies Iranian claims of fuel smuggling
The charterer of a small product tanker seized by Iran earlier this month has rubbished claims the ship was engaged…
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Iran releases images of detained Stena Impero crew as UK readies response
Iranian authorities have said the 23 crew of the detained in the port of Bandar Abbas since Friday are okay.…
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All British ships told to avoid Strait of Hormuz
All British ships have been told by the UK government to avoid transiting the Strait of Hormuz for an indefinite…
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Iran seizes Stena and Norbulk tankers
Two tankers were taken into Iranian waters today, sending merchant shipping into heightened crisis mode. As has been widely reported,…
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