United Arab Emirates
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Bunkering
Tristar orders electric hybrid bunker vessel
Dubai’s Tristar Group has placed an order with Turkey’s Akdeniz Shipyard to build an electric hybrid bunker barge for the…
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Ports and Logistics
AD Ports and Masdar eye hydrogen hub in KEZAD
Abu Dhabi’s ports and logistics giant AD Ports Group and clean energy developer Masdar have joined forces to explore the…
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Offshore
Shelf Drilling awarded $73m rig contract in Vietnam
Oslo-listed jackup rig pure-play Shelf Drilling has secured a contract for the Shelf Drilling Perseverance with PetroVietnam Domestic Exploration Production…
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Renewables
Masdar and Iberdrola forge $16bn offshore wind, green hydrogen alliance
Abu Dhabi’s Masdar and Spanish utility Iberdrola have inked a €15bn ($16.2bn) strategic partnership agreement to evaluate the joint development…
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Dry Cargo
Lila Global times market well with cape buy
Following the secondhand market closely and successfully sealing deals immediately before surging earnings has been the key success factor for…
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Renewables
RWE teams with Masdar for 3 GW British offshore wind project
German utility RWE has signed an agreement with Abu Dhabi-based renewable energy company Masdar to co-develop 3 GW Dogger Bank…
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Offshore
COP out: World’s first ammonia-powered ship arrives in Dubai … fuelled by diesel
In a neat visualisation of where shipping is on its path towards decarbonisation, the world’s first ammonia capable vessel has…
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Regulatory
COP28’s debatable influence on shipping stirs controversy
Dubai airport has rolled out the red carpet today for a host of dignitaries flying in for COP28, the annual…
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Tankers
Two tankers join Caspian Integrated Maritime Solutions fleet
Abu Dhabi’s AD Ports Group with KazMorTransFlot (KMTF), the national shipping company of Kazakhstan, fully-owned by the national Kazakhstan oil…
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Containers
AD Ports closes in on $2bn deal to buy Indonesia’s Meratus
Fast expanding AD Ports from Abu Dhabi is tipped to be finalising a deal to buy Indonesia’s top container shipping…
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Ports and Logistics
Gulftainer extends partnership with Sharjah Ports for 35 years
Ports and terminals operator Gulftainer has extended its concession agreements with the Sharjah Ports, Customs, and Free Zones Authority for…
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Tankers
US slaps sanctions on three more Dubai-based tanker owners
The US has slapped sanctions on three Dubai-based shipping companies and three tankers for shipping oil sold above the G7’s…
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Middle East
Shipmanagement company launched in Dubai focusing on methanol-powered vessels
A shipmanagement venture has been created to focus on methanol-powered ships. Dockendale Ship Management has teamed with methanol marine specialist…
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Offshore
AD Ports buys $200m worth of offshore vessels from E-NAV
Abu Dhabi’s AD Ports Group has purchased ten offshore vessels that are supposed to bolster offshore operations in the Middle…
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Finance and Insurance
Anil Sharma eyes ship leasing
Anil Sharma, best known as a cash buyer for ships for recycling, is looking at a new business strand. Sharma’s…
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Offshore
Gulf Marine Services wins batch of new deals
London-listed liftboat operator Gulf Marine Services (GMS) has won several contract awards from unnamed clients for work in the Middle…
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Ports and Logistics
DP World takes over the running of Tanzania’s largest port
DP World has signed a 30-year concession agreement with the Tanzania Ports Authority (TPA) to operate and modernise the multipurpose…
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Operations
DP World takes over US automotive logistics company CFR Rinken
Dubai’s state-owned ports giant DP World has acquired California-based containerised car shipping specialist and freight forwarder CFR Rinken for an…
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Tankers
AD Ports’ Safeen joines forces with Azerbaijan’s Socar
Safeen Group, a shipping unit of Abu Dhabi-based ports and logistics giant AD Ports, has teamed up with Azeri national…
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Gas
Middle East gas contracts sealed to Japan and the Netherlands
The United Arab Emirates and Qatar have signed new agreements to supply liquefied natural gas (LNG) to Japan and the…
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