Middle East
-
Milaha: Tankers rescue Qatari line from troubled OSV market
Doha: Qatar’s diverse owner Milaha has managed to get through the dire offshore markets via its solid tanker earnings. This…
Read More » -
PACC Offshore subsidiary sues Makamin for hire in Saudi Arabia
Singapore-based POSH Semco has served Makamin Offshore Saudi with court papers in Saudi Arabia in order to recover around SAR…
Read More » -
Hyundai Samho bags Middle Eastern suezmax orders
South Korea’s Hyundai Samho Heavy Industries has bagged an order for a pair of 158,000 dwt coated suezmaxes from (AMPTC),…
Read More » -
IRISL back calling across Northern Europe
Islamic Republic of Iran Shipping Lines is officially back calling at Northern Europe following the call yesterday of the Azargoun…
Read More » -
OneSubsea to provide production systems for BP’s Nile Delta fields
BP Exploration (Delta) and its partner DEA Deutsche Erdoel have awarded OneSubsea with a contract to supply subsea production systems…
Read More » -
Hercules Offshore jackup rates jacked down by Saudi Aramco
Hercules Offshore has announced that it has received notice from Saudi Aramco reducing the dayrates of jackups Hercules 261 and…
Read More » -
DP World to set up Indian holding company with IPO in mind
Dubai terminal operator DP World has been allowed by New Delhi to open an Indian holding company for its portfolio…
Read More » -
Tristar buys ESHIPS from Oldendorff for $90m
UAE-based logistics group Tristar has confirmed its acquisition of Abu Dhabi’s ESHIPS (Emirates Ship Investment Company) for $90m from Egon…
Read More » -
Fire kills two Indian seafarers
Two Indian sailors were killed and three others injured when an Omani ship Al Sadaa caught fire off the Yemeni…
Read More » -
Splash turns one: ‘A year that proved shipping investors can’t take anything for granted’
Many friends questioned my colleague Grant Rowles and I when we set about launching a global shipping news site. Last…
Read More » -
McDermott awarded Middle East contract
McDermott International has announced today that it has been awarded an offshore contract by an upstream oil and gas operator…
Read More » -
Topaz lands 14-vessel extension from BP for work offshore Azerbaijan
Topaz Energy and Marine has secured a contract from BP Exploration (Caspian Sea) to extend the running contracts on 14…
Read More » -
Gulftainer appoints new CEO
UAE port operator Gulftainer has announced the appointment of Flemming Dalgaard as the new chief executive officer of the group.…
Read More » -
Bahri buys VLCC from Hanjin Shipping
The National Shipping Company of Saudi Arabia (Bahri) has confirmed it has signed a memorandum of agreement (MoA) to buy…
Read More » -
Subsea 7 lands major contract in Egypt from BP
Subsea 7 has been awarded a major contract by BP and its partner Deutsche Erdoel for the development of the…
Read More » -
Scorpio Tankers sells five MRs to Bahri
NYSE-listed Scorpio Tankers is to sell five MR product tankers to the National Shipping Company of Saudi Arabia (Bahri) for…
Read More » -
SBI Offshore jack-up drilling rig contract terminated
A consortium of six “Middle East-Chinese parties” have cancelled the $24m jack-up drilling rig design and engineering contract awarded to…
Read More » -
New Delhi spending to develop strategic Iranian port
New Delhi approved yesterday plans to spend $150m developing Chabahar port in neighbouring Iran. Discussions to develop the port in…
Read More » -
Posh gets work for five vessels in the Middle East
Singapore-based offshore marine services provider PACC Offshore Services Holdings (Posh) has announced new long-term charters for five vessels to Middle…
Read More » -
Qatargas, Maersk Group and Shell to pioneer LNG fuel in the Middle East
Qatargas, the Maersk Group and Shell have signed a memorandum of understanding (MOU) to develop the use of LNG bunkers…
Read More »