Middle East
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World Maritime Day: Keep seafarers in mind when developing shipping technology
On World Maritime Day shipping has been reminded to keep seafarers in mind when developing shipping technology. The theme created…
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Gulf Marine Services scores bumper deal for two vessels
Gulf Marine Services (GMS) has won a new long-term contract at improved rates from a national oil company (NOC) in…
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Safeen Feeders expands again with Bangladesh boxship deal
Safeen Feeders has extended its partnership with Bangladesh-based Saif Powertec, having signed a new containership charter agreement for up to…
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Gulf Marine Services clinches new vessel contract
UAE-based liftboat operator Gulf Marine Services (GMS) has won a new contract with an engineering, procurement and construction (EPC) client…
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Adnoc Drilling snaps up two jackup rigs in $140m deal
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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Safeen Feeders teams with compatriot trader Invictus to expand dry bulk fleet
AD Ports Group’s Safeen Feeders has struck a deal with compatriot commodity trader Invictus Investment to launch a new international…
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ADNOC mulls Gunvor swoop
Abu Dhabi National Oil Company (ADNOC) is reportedly looking to buy all or part of the Swiss-based commodity trading giant…
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Gulftainer hit with $21.5m fine in the US
Gulftainer, a port management company from the United Arab Emirates, has been told by a court in the US it…
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UN ready to offload oil from decaying FSO off Yemen
The United Nations has said it has raised enough money for the first phase operation to remove 1m barrels of…
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DP World wins latest judgement over Djibouti concession
DP World has won the latest in a string of court rulings, as it defends its rights as shareholder and…
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AD Ports integrates economic zones under KEZAD brand
AD Ports has launched Khalifa Economic Zones Abu Dhabi (KEZAD) Group as part of the plan to consolidate and grow…
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Suez Canal Authority to raise tolls again
Having already raised fees three times in quick succession this year, the Suez Canal Authority (SCA) has warned shipowners of…
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Sharma’s shipowning unit highly active in the S&P markets
Tanker secondhand prices have been on a tear for the past few months. One canny watcher of these price movements…
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Monjasa adds to Middle East tanker fleet
Denmark-based bunker supplier Monjasa has expanded its fleet with the acquisition of a 2009-built oil and chemical tanker for cargo…
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Lamprell firms up Moray West wind farm deal worth more than $200m
UAE-based fabricator Lamprell has signed a contract worth more than $200m and received a full notice to proceed from Moray…
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Canada aids FSO Safer salvage fund
Canada has chipped in with C$2.5m ($1.9m) to add to the urgently needed funds sought by the United Nations to…
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NPCC awarded $548m ADNOC contract
National Petroleum Construction Company (NPCC), part of National Marine Dredging Company (NMDC), has won a $548m engineering, procurement and construction…
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ZIM links up with Shell in $1bn LNG bunkering deal
Israeli carrier ZIM has signed a 10-year agreement with Shell, valued at more than $1bn, for the supply of liquified…
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ADNOC continues fleet expansion with $70m jackup buy
UAE-based Adnoc Drilling, the largest national drilling company in the Middle East by rig fleet size, has acquired another jackup…
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UN still $16m short in urgently required donations to shift oil from decaying FSO off Yemen
The United Nations is nearing getting enough donations to handle a potential environmental disaster off the coast of Yemen. HSA…
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