Middle East
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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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P&O brand back carrying boxes
DP World subsidiary P&O Maritime Logistics, best known for its offshore support operations, is getting more involved in the container…
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Red Sea Gateway Terminal gets the nod to run Bangladesh’s newest container facility
Bangladeshi officials have finally found an operator for the country’s newest container terminal. Saudi Arabia’s Red Sea Gateway Terminal (RSGT)…
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Hutchison adds to its Egyptian portfolio
Hutchison Ports is bolstering its position in Egypt with two new concessions to operate container terminals in Ain Sokhna Port…
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Gulf Navigation refinances five tankers
United Arab Emirates-based Gulf Navigation has completed the refinancing of five petrochemical tankers, under new and better terms. The 46,000…
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APM Terminals signs up for $500m Port Said expansion
APM Terminals will pump up to $500m to develop a 1 km long berth at East Port Said in Egypt.…
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ADNOC Logistics & Services clinches $1.17bn jackup barge contract
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the state-owned Abu Dhabi National Oil Company…
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McDermott secures more work in Qatar
Houston-headquartered McDermott International has been awarded a front-end engineering design (FEED) contract by QatarEnergy for the North Field South (NFS)…
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NYK, K Line, MISC and China LNG win next tranche of Qatari gas carrier business
A quartet of Asian shipping powerhouses have won the next tranche of business in the huge QatarEnergy fleet expansion project.…
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