Middle East
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Oman Shipping secures $80m financing
Oman Shipping Company, part of the ASYAD Group, has secured a $80m financing facility from Abu Dhabi Islamic Bank to…
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Iran arrests bunkering tanker in Persian Gulf
Iran has detained a tanker allegedly carrying smuggled fuel near the entrance to the Strait of Hormuz. According to reports…
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Shelf Drilling awarded long-term extensions for four jackups
Dubai-based jackup drilling rig operator Shelf Drilling has secured long-term extensions for four jack-up rigs in direct continuation of their…
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DP World awarded 30-year concession for Saudi container terminal
Dubai’s DP World has been awarded a 30-year build-operate-transfer (BOT) concession by the Saudi Ports Authority for the management and…
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Ravi Mehrota bags jackup at ‘historic low’ price
Ravi Mehrota-backed Foresight Drilling has picked up the 2013-built 350 ft Keppel super B design from creditors for a what…
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Shelf Drilling acquires Maersk jackup for $38m
Dubai-headquartered offshore driller Shelf Drilling has entered into an agreement with Maersk Drilling to acquire 2007-built jackup rig . Shelf…
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Families of Sanchi tanker victims sue NITC, claim crew survived and have been locked up
With the second anniversary of the disaster three weeks away, the family members of the victims of one of the…
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Topaz and P&O merger forms new brand
Topaz Energy and Marine has been merged into P&O Maritime to form new brand P&O Maritime Logistics (POML) following its…
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Polarcus awarded seismic project in Brazil
Dubai-based offshore survey specialist Polarcus has been awarded a marine seismic acquisition program in Brazil. The program will commence in…
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New US sanctions on Iran target IRISL
The US has announced a new round of sanctions against Iran, targeting the country’s largest shipping company, Islamic Republic of…
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Kuwati firm buys the world’s largest livestock carrier
Australian live export company Wellard is selling the world’s largest purpose-built livestock vessel, the , for $53m to Kuwait’s Al…
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Shelf Drilling awarded jackup contract extension in West Africa
Dubai-headquartered offshore driller Shelf Drilling has been awarded a one-year extension for its 1982-built jackup rig . The extension is…
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Bahri readies LNG tanker entry
Reuters is reporting that Bahri, the shipping subsidiary of Saudi Aramco, is about to enter the LNG trades, issuing an…
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Kuwait follows India’s lead in banning single-use plastic onboard
Kuwait has joined India in banking single-use plastic onboard ships Enforcement of India’s requirement for ships to keep single-use…
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Bahri Chemicals joins Cargill Maersk Tankers pool
Bahri Chemicals has joined with Cargill and Maersk Tankers, and from January 2020 will enter its four vessels into the…
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Kenneth Koo wins landmark cape demolition case
Ships sent for scrap cannot then resurface trading again, a landmark court case has ruled. The Kenneth Koo-led Tai Chong…
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Gulf Marine Services secures new liftboat contract
UAE-based liftboat operator Gulf Marine Services (GMS) has been awarded a 15-month contract, with additional options, for one of its…
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GAC signs up to deliver on shipping’s version of Amazon
Shipping’s answer to Amazon has found a logistics partner to deliver goods to vessels. Singapore-based maritime e-commerce platform Moscord has…
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Polarcus awarded work off Malaysia
Dubai-headquartered offshore seismic specialist Polarcus has been awarded an XArray marine seismic acquisition project in Malaysia. The contract, with an…
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ADNOC plans to acquire ‘dozens’ of rigs as part of expansion programme
ADNOC Drilling, part of Abu Dhabi National Oil Company (ADNOC), has announced a major rig fleet expansion program to support…
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