Middle East
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Marcura buys Falmor and G-Ports
The Marcura Group, a Dubai-based group of companies focused on providing business solutions to the maritime industry, has acquired UK-based…
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Adnoc looks at listing its merged shipping division
State-run Abu Dhabi National Oil Co (Adnoc) is looking at a listing for its merged shipping division, Bloomberg reports. Adnoc…
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DP World buys Drydocks World and Dubai Maritime City
Dubai Inc has moved to consolidate its top maritime brands, solving a multi-billion dollar restructuring riddle in the process. Global…
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DP World to make exit from Surabaya
Dubai-based ports giant DP World has decided not to renew its operating contract at PT Terminal Petikemas Surabaya (TPS) in…
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Shelf Drilling secures two jackup rig contracts
Dubai-based Shelf Drilling has been awarded contracts by Dubai Petroleum for two of its jackup drilling rigs, the 2007-built Shelf…
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Petrojet and Rosetti Marino in talks for a new shipyard in Alexandria
Italy’s Rosetti Marino shipyard and Egyptian state-run EPC contractor Petrojet are in advanced discussions with a view to launching a…
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Gulf Marine Services secures new contracts and extension
Abu Dhabi-based offshore support vessel provider Gulf Marines Services has been awarded two new contracts in the MENA region. The…
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Greek tanker arrested in Libya
Libyan naval forces yesterday arrested a Liberian-flagged product tanker on suspicion of smuggling oil off the Abu Kammash area west…
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Simatech Shipping snaps up panamax boxship from Dauelsberg Herm
UAE-based boxship operator Simatech Shipping has acquired 2004-built panamax containership from German owner Dauelsberg Herm. Broking sources revealed that Simatech…
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Bahri Dry Bulk signs for four newbuilds at Hyundai Mipo
Saudi Arabia’s Bahri has announced that its dry bulk unit Bahri Dry Bulk has signed contracts with Hyundai Mipo Dockyard…
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Bulker detained in Iraq following deadly collision with local OSV
A bulk carrier has been detained off Basra in southern Iraq after it was involved in a deadly collision with…
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Zodiac Maritime places newly acquired Wah Kwong VLCC into Heidmar pool
Heidmar’s Seawolf Tankers VLCC pool has benefited from the return of Eyal Ofer’s Zodiac Maritime as a Heidmar pool partner.…
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Hutchison Ports buys into Basra
Hutchison Ports has made its second overseas deal this year. The Hong Kong-based terminal operator has signed with Nawah Port…
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Iraqi tanker joint venture launched
Iraq has formed a tanker joint venture with Arab Maritime Petroleum Transport Co (AMPTC). Al-Iraqia Shipping Services and Oil Trading…
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Saudi Aramco signs first contract for King Salman complex
Saudi Aramco has signed a contract with a consortium comprising Saudi Archirodon Company and Huta Hegerfeld AG Saudia Company for…
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Qatar Navigation buys boxship, ramps Sohar infrastructure in wake of sanctions
Qatar Navigation – also known as Milaha – continues to take action to operate in a more constricted environment weeks…
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Topaz secures six-vessel contract from Dragon Oil worth $100m
Dubai-based OSV operator Topaz Energy and Marine has announced a new $100m contract with Dragon Oil, a subsidiary of Emirates…
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Abu Dhabi Ports signs $300m investment agreement with China
Abu Dhabi Ports has signed an investment cooperation agreement with China’s Jiangsu province to strengthen economic ties and build investment…
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Indian consulate in Dubai names and shames companies abandoning crews
The Indian consulate in Dubai has issued an advisory in the wake of being inundated with many shocking cases of…
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Zim IPO talk resurfaces
Israeli carrier Zim could try once again for an IPO. The containerline, now with a new CEO, Eli Glickman, at…
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