Middle East
-
Vallianz wins charter contract for four AHTS vessels
Singapore’s Vallianz Holdings has won a contract to time charter four anchor handling tug supply vessels from an existing customer…
Read More » -
Teekay LNG consortium to develop floating LNG import terminal in Bahrain
A consortium led by Teekay LNG Partners, Samsung C&T and Gulf Investment Corporation (GIC) today signed project agreements with the…
Read More » -
Gulf Marine Services gets $620m loan for growth
Gulf Marine Services (GMS) has secured a six-year $620m debt facility from a syndicate of lenders, which the London-listed company said…
Read More » -
National Drilling Company of Abu Dhabi extends and adds rig options
National Drilling Company of Abu Dhabi (NDC) has agreed with its yard Lamprell to extend its existing options on jack-up…
Read More » -
Bakri hunts older tonnage
Brokers link the Arab outfit Bakri Navigation to the purchase of the 113,300 dwt . The company is paying $15.5m…
Read More » -
Polarcus wins work off Egypt
Dubai-based seismic operator Polarcus has won a contract with an unnamed client for a 3D seismic project offshore Egypt. The…
Read More » -
Saudi Aramco eyes JV yard with Hyundai Heavy
Having just put one planned yard with Singapore’s Sembcorp Marine on the backburner, Saudi Aramco is eyeing up Hyundai Heavy…
Read More » -
APL boxship smash writes off quay crane
The ultra-large containership APL Temasek which allided with a gantry crane and navy barge at Suez Canal Container Terminal (SCCT)…
Read More » -
APM Terminals plans Bahrain port IPO
APM Terminals (APMT) and its local partner YBA Kanoo Holdings are planning an initial public offering (IPO) of Bahrain’s Khalifa…
Read More » -
Iran readies LNG carrier ordering spree
National Iranian Tanker Co (NITC) will shortly unveil a raft of LNG orders in South Korea and China as well…
Read More » -
McDermott wins RasGas EPCI contract offshore Qatar
Houston-headquartered McDermott International has been awarded a brownfield engineering, procurement, construction and installation contract by RasGas Company for work offshore…
Read More » -
K Line forms Dubai joint venture
Kawasaki Kisen Kaisha (K Line) has tied up with Dubai’s Sharaf Group to form a Middle Eastern joint venture. K…
Read More » -
Atlantic Navigation acquires new liftboat for Middle East work
Singapore-listed offshore specialist Atlantic Navigation Holdings has signed a shipbuilding agreement with a shipyard in China for a new liftboat…
Read More » -
APL boxship allides with gantry crane at Port Said
The ultra-large containership allided with a gantry crane and navy barge at Suez Canal Container Terminal (SCCT) in Port Said…
Read More » -
Saudi yard plans on hold
Plans to form a big shipyard on Saudi soil look set to be put on the backburner. The National Shipping…
Read More » -
Suez Canal financial results fall flat
Revenues from the Suez Canal during September show a decline on last year’s figures, in spite of Egypt’s recently completed…
Read More » -
Atwood Oceanics gets Thai jackup extension
Houston-headquartered Atwood Oceanics has been given a nine-month extension by Mubadala Petroleum for the use of jackup, Atwood Orca. The…
Read More » -
Unique Group acquires Oceanwide
Sharjah-headquartered subsea and offshore solution provider Unique Group, has announced that it has acquired OceanWide Safety at Sea, a specialist…
Read More » -
UK shipbroker victim of Dubai fraud
UK-headquartered shipbroker Century Marine Services has been the victim of a fraud by a Dubai-based firm calling itself Matin Marine…
Read More » -
Bahri buys VLCC duo
Saudi Arabia’s Bahri has purchased two 321,200-dwt VLCCs from Daewoo Shipbuilding & Marine for $78m each after the vessels failed…
Read More »