Middle East
-
Abu Dhabi Shipbuilding to expand into Zayed Port
A new ship repair facility with a ‘floating’ dry dock is to be opened at Zayed Port in the UAE…
Read More » -
ASRY chief executive quits
Bahrain shipyard Arab Ship Repair Yard (ASRY) appointed Magdy Mustafa as acting chief executive, after the current chief executive Nils…
Read More » -
Sovcomflot linked with LPG carrier sale to NITC
Sovcomflot is linked with the en bloc sale for a pair of LPG carriers. Sources tell Splash the nine-year-old SCF…
Read More » -
Bahri gets $133m to buy chemical tankers
National Chemical Carriers (NCC), part of Saudi Arabia’s National Shipping Company (Bahri), has secured $133.2m in Islamic financing, which will…
Read More » -
Gulf Marine Services secures new contract and extension
Offshore vessel operator Gulf Marine Services has announced that it has won a new contract a Middle East and North…
Read More » -
Lamprell appoints new CEO
Christopher McDonald is to join Lamprell as its new CEO and director effective as of October 1, succeeding Jim Moffat,…
Read More » -
Libyan oil terminals set to reopen
Libya is finally set to recommence oil exports from long shuttered key terminals in the east of the war-torn country.…
Read More » -
DP World to operate container terminal in St John, Canada
Dubai port operator DP World said it has signed a lease agreement to expand and operate the multipurpose Rodney container…
Read More » -
Swiber liquidation rattles Pacific Radiance, Vallianz shareholder unfazed
Singapore’s Pacific Radiance has revealed a $10.1m exposure to Swiber Holdings, which went into liquidation this week. Pacific Radiance told…
Read More » -
DP World takes Kaohsiung terminal
Global terminal operator DP World has signed an MoU with Taiwan International Ports Corporation (TIPC) to develop Kaohsiung Port’s Terminal…
Read More » -
McDermott and N-KOM to cooperate on Qatar offshore projects
McDermott International and Nakilat-Keppel Offshore & Marine (N-KOM) have signed an exclusive five-year cooperation agreement to engage in offshore engineering, procurement,…
Read More » -
Lamprell delays delivery of jack-up rig due to technical fault
Lamprell has delayed delivery of a jack-up drilling rig to an unnamed client because of a technical fault found in…
Read More » -
Larsen & Toubro and EMAS Chiyoda Subsea score $1.6bn Saudi Aramco EPCI contract
Following the announcement from Saudi Aramco that it has signed a series of news contracts for the development of its…
Read More » -
Saudi Aramco awards engineering contracts for Fadhili gas project
Saudi Arabian state oil company Saudi Aramco has announced that it has signed a series of news contracts for the…
Read More » -
Hapag-Lloyd and UASC sign merger agreement
Hapag-Lloyd and United Arab Shipping Company (UASC) have concluded a business combination agreement to merge creating a fleet of 237…
Read More » -
Bahri gets financing fixed for another 15 VLCCs
National Shipping Company of Saudi Arabia (Bahri) has teamed up with Arab Petroleum Investments Corp (APICORP) to launch a $1.5bn…
Read More » -
Kuwaiti government to sell KOTC stake in IPO
The government of Kuwait announced plans to sell stakes in state oil producer Kuwait Petroleum Corp’s business units, among them…
Read More » -
UASC may sell chemical tanker unit UACC
United Arab Shipping Co (UASC) is considering the sale of its stake in United Arab Chemical Carriers (UACC) as part of…
Read More » -
Libya’s National Oil Corporation hopeful of ports reopening
The chairman of Libya’s National Oil Corporation (NOC) has described efforts to reopen four oil export ports in the war-torn…
Read More » -
Saipem wins contract to develop ‘supergiant’ gas field in Egypt
Saipem has won the field development contract for the “supergiant” Zohr gas field, located in Egyptian waters in the Mediterranean…
Read More »