Middle East
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ADNOC dishes out $1.94bn worth of drilling contracts
Abu Dhabi National Oil Company (ADNOC) has awarded framework agreements worth $1.94bn to four top-tier companies aiming to boost drilling…
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CMA CGM to invest $33m in Beirut port terminal
CMA CGM’s subsidiary CMA Terminals has been chosen to manage, operate and maintain the container terminal at Port of Beirut,…
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Gulf Marine Services awarded new vessel contract
Dubai-based liftboat operator Gulf Marine Services (GMS) has won a new contract with a national oil company (NOC) in the…
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UN closes in on deal to offload oil from dangerous FSO off Yemen
A solution is tentatively to hand to one of the world’s greatest ecological threats posed by a single ship.The United…
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Oman to Southeast Asia liner link created
Oman’s Asyad Line has expanded its geographic reach with a new liner service to Southeast Asia. Part of Asyad Group,…
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ZIM charters 13 ships from Navios
Israeli carrier ZIM has signed a big charter deal for 13 ships with Navios Maritime Partners. The $870m deal comprises…
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Nordic American Tankers fixes suezmax newbuilds to Oman’s Asyad
Herbjorn Hansson-led Nordic American Tankers (NAT) has secured six-year time charters with Oman’s Asyad Shipping for a pair of suezmax…
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GMS linked to handy buy
Broker sources link GMS, best known as a cash buyer for demo ships, to a handy sold at a US…
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AD Ports raises $1.1bn ahead of Abu Dhabi trading debut
AD Ports Group has raised AED4bn ($1.1bn) in proceeds from its primary issuance ahead of the listing of its shares…
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AD Ports bolsters its diverse portfolio
Rapidly expanding AD Ports Group, part of ADQ, an Abu Dhabi-based investment and holding company, has bought stakes in local…
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ZIM ditches 2M on two routes to the US
Israeli carrier ZIM has provided an update with how it intends to cooperate with 2M, the container alliance operated by…
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Urgent political solution sought to take oil off abandoned FSO in the Red Sea
Without a swift resolution, an explosion or leak from the rusting FSO off the coast of Yemen could trigger one…
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Svitzer adds to Suez Canal fleet with fresh contract extension
Towage operator Svitzer, part of Maersk, has sealed an extension of its current contract with the Suez Canal Authority (SCA)…
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Lamprell eyes offshore wind deal
UAE-based fabricator Lamprell has entered into exclusive negotiations as a preferred supplier with an international client in the offshore wind…
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McDermott taps Heerema for Saudi Aramco’s Marjan field work
Dutch offshore construction player Heerema Marine Contractors has won a contract from Houston-based offshore engineering firm McDermott to transport and…
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ZIM adds to its 7,000 teu charter spree
Israeli carrier ZIM has penned a deal with a shipping player affiliated with Idan Ofer’s Kenon Holdings to charter three…
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Suez Canal expansion to be completed by July next year
The Suez Canal expansion project will be completed by July 2023 according to the chairman of the Suez Canal Authority…
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Prysmian seals cabling deal in the Middle East
Italian cabling giant Prysmian has secured a deal for the supply of power cables in the context of a landmark…
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ADNOC awards $946m Umm Shaif development contract to NPCC
Abu Dhabi National Oil Company (ADNOC) has awarded a $946m offshore contract to compatriot fabrication giant National Petroleum Construction Company…
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What you missed while we’ve been away
Since the last Daily Splash, our free newsletter, was published on December 20 there has been no let up in…
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