Middle East
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Saudis restart oil shipments through Bab Al-Mandeb
Saudi Arabia has restarted oil shipments through the Red Sea shipping lane of Bab Al-Mandeb after a 10-day halt was…
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Djibouti rejects court ruling on DP World dispute
The Djibouti government has refused to recognise a London court ruling which ruled in favour of Dubai-based port operator DP…
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DP World wins Djibouti terminal arbitration
The London Court of International Arbitration (LCIA) has ruled that DP World’s concession agreement for the Doraleh Container Terminal is…
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ZIM: Glickman makes his mark in first year at the helm
It’s been just over a year since Eli Glickman, 56, replaced long serving Rafi Danieli as CEO and president at…
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Saudi halts tanker shipments through Bab al-Mandeb after Bahri VLCCs are targeted
Saudi Arabia said today it is “temporarily halting” all oil shipments through the Red Sea shipping lane of Bab al-Mandeb…
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UAE’s crackdown on substandard shipping targets 25 flags
The United Arab Emirates (UAE) is continuing its crackdown on substandard shipping. The country’s Federal Transport Authority issued a circular…
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ZIM signs up with MSC and Maersk
ZIM, the Israeli boxline that has thus far avoided container alliances, has teamed up with 2M founding partners Maersk and…
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Mermaid Maritime awarded $16m Arabian Gulf contract
Thailand’s Mermaid Maritime has been awarded a subsea services contract in the Middle East. The contract award, valued at $16m,…
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Five-vessel pile up along the Suez
An engine failure on the 5,086 teu on Sunday sparked a dramatic five- vessel pile up on the Suez Canal,…
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New Iraqi tanker owner nabs BW VLCC resales
Brokers are linking fast emerging Iraqi tanker player Al-Iraqia Shipping Services & Oil Trading (AISSOT) with a resale pair of…
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Okeanis suezmax damaged in Suez Canal scrap
A two-month old suezmax, owned by Alafouzos family company Okeanis Eco Tankers, has damaged its hull while transiting the Suez…
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DP World steps up attack on Djiboutian government
Global terminal operator DP World is not giving its rights to a port concession in Djibouti lightly. Yesterday, the Dubai-headquartered…
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Milaha expands to West Africa
Qatar’s Milaha has expanded its global footprint by deploying its flagship, the liftboat , off the coast of West Africa…
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CMA CGM boss questions when Chinese lines will stop calling in Iran
The head of CMA CGM appears to have taken a swipe at its Ocean Alliance partner, Cosco, in statements regarding…
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KOTC puts its oldest VLCCs up for sale
Kuwaiti Oil Tankers Company (KOTC) has put its two oldest VLCCs up for sale as part of its ongoing fleet…
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NPCC awarded EPC contract by ADNOC
Abu Dhabi-based National Petroleum Construction Company (NPCC) has secured an engineering, procurement and construction (EPC) contract from Al Yasat, a…
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Shelf Drilling acquires jackup rig from Diamond Offshore
Dubai-based offshore driller Shelf Drilling has entered into an agreement with Diamond Offshore to purchase 2008-built jackup drilling rig Ocean…
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Gulf Marine Services awarded wind contract in Europe
Abu Dhabi-based offshore vessel operator Gulf Marine Services (GMS) has been awarded a new contract to support a wind farm…
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GMS adds to its growing operational fleet
GMS, the world’s largest cash buyer of ships for recycling, has been revealed as company to have bought the kamsarmax.…
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Shelf Drilling to list in Oslo on Monday
UAE-based offshore driller Shelf Drilling has completed the bookbuilding process for its initial public offering on the Oslo Stock Exchange.…
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