Middle East
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Polarcus wins new charter deal
Dubai: Oslo-listed seismic vessel operator Polarcus has announced that TGS-NOPEC Geophysical has signed a deal to charter 3D seismic vessel…
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Bahri inks $667m oil shipping deal with S-Oil
Dubai: National Shipping Company of Saudi Arabia (Bahri) has signed an agreement with South Korea’s S-Oil Corp to ship crude…
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Abu Dhabi moves roro operations to Khalifa Port
Abu Dhabi: Abu Dhabi Ports has announced that it has moved all of Abu Dhabi’s roro cargo to the new…
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EU reimposes trade sanctions on Iranian shipping companies
London: The European Union (EU) today reinstated trade sanctions on 32 Iranian shipping companies, citing new legal grounds. In January,…
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Seafarers stranded in Bahrain hope to go home soon
London: A crew of 16 seafarers could be about to go home after being stranded onboard an impounded oil tanker…
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Atlantic Navigation takes 40% stake in Malaysia’s Astra Offshore
Singapore: Sharjah-headquarted offshore specialist Atlantic Navigation Holdings, has entered into an agreement with the shareholders of Malaysia’s Astana Riang to…
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Revival of Irano-Hind Shipping could be symbiotic for both India and Iran
Mumbai: Following the signing of a nuclear accord between Iran and western super-powers on April 2, the decks have been…
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Polarcus gets expansion down under
Dubai: Oslo-listed seismic vessel operator Polarcus has announced the expansion of seismic survey work it is doing for a multi-client…
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Jebel Ali LNG facility set for expansion
Dubai: The United Arab Emirates is making plans to expand its LNG terminal at Jebel Ali from its existing 3m…
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DP World to acquire Fairview Terminal in Prince Rupert
Dubai: DP World announced on Thursday it has an agreement to buy Maher Terminals’ Fairview Container Terminal in Prince Rupert,…
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Iraq presses ahead with Grand Faw project
Dubai: Despite some financing concerns Iraq has committed to build one of the largest ports in the Middle East over…
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Major Yemen ports closed, Total LNG plant ‘operating normally’
London: Yemen closed all its major sea ports today but Total reports its Yemen LNG plant in the country is…
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P&O Ports brand resuscitated
Dubai: A famous brand in shipping is set to make a comeback. Dubai’s Ports, Customs and Free Zone Corporation (PCFC)…
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Polarcus refinances, lays up vessel in tough market conditions
Dubai: Oslo-listed seismic vessel owner Polarcus has said that it has secured amended terms to its $410m fleet bank facility,…
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SIPG granted Israeli port concession
Tel Aviv: Shanghai International Port Group (SIPG), operator of the largest port in China, has won a tender to operate…
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Indian banks, fearing OFAC backlash, shy away from transactions involving Iranian ports
Mumbai: Indian banks have started declining exporters’ requests to process transactions requiring Iranian port services, fearing action from the Office of…
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Doha – Mumbai link created
Doha: Milaha Maritime & Logistics, a subsidiary of the Qatar-based Milaha Group, has launched the first direct container service between…
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DP World signs MoU with Maldivian government
Dubai: In a strengthening of ties between the UAE and the Maldives, terminal operator DP World has signed a memorandum…
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Polarcus awarded seismic project offshore UK
Dubai: Oslo-listed seismic vessel owner Polarcus has said it has signed a letter of intent with an unnamed client to…
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Jordan takes steps to stamp out corruption at bulk terminals
Cairo: The Standard Club has warned that here have been “substantial” bulk cargo shortage claims in Jordan during the last…
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