Middle East
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Iranian P&I clubs get one-year extension from India
Athens: India has granted a one-year extension to its approval of two Iranian P&I clubs covering boxships and tankers calling…
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Polarcus sells seismic projects to TGS
Oslo: TGS-NOPEC Geophysical Company (TGS) has signed a letter of intent with Oslo-listed seismic vessel operator Polarcus to acquire multi-client…
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GMS: More than 100 capes could be torched this year
Dubai: As well as its leading position in the world of ship recycling GMS owns a number of ships, hence…
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UAE bauxite deal for K Line
Tokyo: Kawasaki Kisen Kaisha (K Line) has concluded another deal with a long-term business partner, Emirates Global Aluminium (EGA). K…
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Bahri ties up deal with Saudi Electricity Company
Doha: The National Shipping Company of Saudi Arabia (Bahri) and Saudi Electricity Company (SEC) have signed a Memorandum of Understanding…
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Milaha: Diversity counters adversity
Doha: The extremely diverse set-up at Qatari maritime conglomerate Milaha is seeing it get through the oil price drop. The…
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Libya looks to double crude output
Cairo: Authorities in war-torn Libya are claiming they will try and double crude oil output to 800,000 barrels a day…
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August date set for new Suez Canal opening
Cairo: August 6 has been announced as the official launch date for the new expanded Suez Canal. Egyptian president Abdel…
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Polarcus gets more seismic survey work from TGS
Dubai: TGS-NOPEC Geophysical Company ASA (TGS) has signed a letter of intent with Oslo-listed seismic vessel operator Polarcus for the…
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IRISL launches Caspian service
Dubai: A subsidiary of Islamic Republic of Iran Shipping Lines (IRISL) has launched a series of new routes across the…
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Islamic State heading west to Libyan port of Misrata
London: Islamic State has consolidated its position in the Libyan port of Sirte and is now heading west to the…
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Springfield to convert two more OBOs to VLCCs in Oman
Athens: Onassis-controlled Springfield Shipping is to convert two oil-bulk-ore (OBO) carriers to VLCCs at Oman Drydock Company (ODC), Oman. The Selma B (319,869…
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Dubai launches Maritime Advisory Council
Dubai: Dubai has launched a Maritime Advisory Council (MAC), led by the Dubai Maritime City Authority (DMCA), to foster collaboration…
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Hercules Offshore cuts rates for three rigs in Persian Gulf
Dubai: NASDAQ-listed drilling contractor Hercules Offshore has announced that it reached agreements with Saudi Aramco to reduce the day rates…
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Ship carrying humanitarian aid shelled off Yemen
Dubai: A ship chartered by the United Nations carrying 7,000 tons of humanitarian aid was shelled yesterday by Huthi rebels…
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Dubai set to unveil Middle East’s first maritime arbitration centre
Dubai: According to a briefing from law firm Al Tamimi & Company, the Dubai Maritime City Authority (DMCA) is in…
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Another tanker hit by Libyan warplanes
Cairo: Another tanker has come under fire from Libyan warplanes, with at least two people injured and the ship on…
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Bahri in for 5 plus 5 VLCCs
Dubai: Saudi Arabian tanker giant Bahri announced over the weekend that it has concluded a deal with South Korea’s Hyundai…
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Singapore government calls on Iran to investigate Alpine Eternity incident
Singapore: The Maritime and Port Authority of Singapore (MPA) has issued a statement today over the dramatic incident last week…
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Shots fired at tanker by Iran were ‘part of a legal dispute’
Athens: Iranian patrol boats today fired shots at a tanker in the Straits of Hormuz to intercept the ship, against…
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