Middle East
-
Nakilat and Höegh LNG team up on FSRU projects
Höegh LNG has signed a memorandum of understanding with Qatari shipowner Nakilat to explore collaboration in floating storage and regasification…
Read More » -
Gulf Navigation raising $250m for further fleet expansion
Dubai’s Gulf Navigation Holding is looking to raise $250m through sale of sharia-compliant bonds this year, its group chief executive…
Read More » -
Glickman succeeds Danieli at ZIM
Over the weekend Eli Glickman, 56, succeeded Rafi Danieli as CEO and president of Israeli carrier ZIM. Danieli had been…
Read More » -
Qatar standoff risks becoming permanent
The economic and political sanctions imposed on Qatar earlier this month that have already reshaped regional trade in the Middle…
Read More » -
Bakri Navigation returns to Neda Maritime for aframax acquisition
Saudi Arabian owner Bakri Navigation has acquired 14-year-old aframax tanker from Greek owner Neda Maritime. According to broking sources, Neda…
Read More » -
Abu Dhabi Ports takes control of Fujairah
Abu Dhabi Ports has signed a 35-year concession to develop and manage the Port of Fujairah, taking over from Dubai-based…
Read More » -
Qatar fixes regular direct calls with India
Qatar continues to strike new shipping arrangements in the wake of its sudden diplomatic isolation. With many Arab countries cutting…
Read More » -
Qatar Petroleum and Shell form LNG bunkering venture
Qatar Petroleum subsidiary Wave LNG Solutions and Shell Gas & Power Developments have signed a framework agreement to develop LNG…
Read More » -
Alco Shipping disputes crew abandonment claims
A few weeks after the case of four ships abandoned in the UAE waters, the Middle Eastern company Alco Shipping…
Read More » -
Milaha drafted in to provide Qatar with daily essentials
Milaha, Qatar’s diverse shipping line, has been drafted in by local authorities to provide an essential link with the outside…
Read More » -
Little change to crude tanker market from Qatar crisis: Poten
New York tanker broker Poten’s latest weekly report suggests the crude tanker impact from the current Qatari diplomatic standoff will…
Read More » -
Qatari standoff brings chaos to LNG trades
The standoff between Qatar and its Arab neighbours has seen gas shipments bound for the UK change direction. Further LNG…
Read More » -
Hapag-Lloyd deflects Qatar concerns, vows ‘smooth transition’ with UASC
German containerline Hapag-Lloyd has issued a statement today vowing that its integration with United Arab Shipping Co (UASC) is proceeding…
Read More » -
ITF targets DP World
A new global union alliance formed of unions based in DP World terminals has vowed to raise standards in health…
Read More » -
Qatari ships forced to head further afield for bunker supplies
The ongoing political tension between Qatar and its neighboring countries in the Gulf region is causing disruptions in the tanker…
Read More » -
Qatari owners rethink supply lines as neighbouring ports bar access
Ports in the UAE, Saudi Arabia and Bahrain have barred all Qatari vessels from calling following yesterday’s severing of diplomatic…
Read More » -
Tomini Shipping orders ultramax trio at China Shipping Industry
Dubai bulker operator Tomini Shipping has placed an order at China Shipping Industry Jiangsu for the construction of three 64,000dwt…
Read More » -
Hapag-Lloyd to let go of more than 1,300 staff
Hamburg-based Hapag-Lloyd has confirmed reports that 12% of its 11,000 land-based staff will be made redundant in the wake of…
Read More » -
Navig8 tanker attacked off Muscat
Another tanker has been attacked while transiting the Middle East. The product tanker was approached early yesterday morning by a…
Read More » -
Wellard livestock carrier heads to Slaughterhouse
Australian livestock shipping firm Wellard has sold a 2010-built ship to Israel’s Dabbah Slaughterhouse for $26m. Much of the proceeds…
Read More »