United Arab Emirates
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Middle East
GMS behind Voge Enterprise acquisition
Dubai-headquartered GMS, better known as a cash buyer of ships for recycling, has emerged as the new owner of 2011-built…
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Middle East
UAE in tanker clampdown
The Federal Transport Authority in the United Arab Emirates has issued a circular stating that from this week all foreign…
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Middle East
ADES seals extensions for three jackups
London-listed Middle Eastern drilling contractor ADES International Holding has extended the existing contracts for jackup rigs Admarine II and Admarine…
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Middle East
Gulf Marine Services secures extensions for two vessels
Abu Dhabi-based offshore vessel operator Gulf Marine Services has secures contract extensions for two of its vessels. A small class…
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Middle East
Polarcus awarded Caribbean project
Dubai-based seismic specialist Polarcus has been awarded a new contract for a 3D project in the Caribbean. The project will…
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Middle East
Polarcus secures seismic work off Australia
Dubai-headquartered seismic specialist Polarcus has secured a contract for a broadband 3D seismic survey at the Zenaide project. The fully…
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Middle East
Tristar gets $100m investment from Kuwait
Kuwait-based Gulf Investment Corporation (GIC) has bought a $100m equity stake in UAE-based Tristar Group. Tristar will use the funds…
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Middle East
UAE bans all ships flying fake Micronesia flag
The Federal Transport Authority in the United Arab Emirates (UAE) has issued a circular banning all ships flagged by the…
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Middle East
UAE and ITF to work together to solve abandonment cases
The United Arab Emirates’s Federal Transport Authority (FTA) and the International Transport Workers’ Federation (ITF) have agreed to work together…
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Middle East
Serial crew abandonment offender Varun banned from UAE waters
On Tuesday IMO secretary general Kitack Lim used the Splash crew abandonment campaign as a platform to call for greater…
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Middle East
BahriBunge Dry Bulk launched in Dubai
BahriBunge Dry Bulk, a joint venture announced in February between Saudi shipowner Bahri and agribusiness giant Bunge, has officially launched…
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Middle East
Drydocks World wins FPSO upgrade contract
Dubai’s Drydocks World has signed agreements with Bluewater Energy Services and Hurricane Energy to undertake a repair, life extension and…
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Middle East
Creditors set to take haircut as Drydocks World falls back on local laws for protection
Creditors owed money by Dubai’s Drydocks World are set to get back just 21 cents on the dollar as the…
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Middle East
Abu Dhabi Ports eyes expansion overseas
The Middle East could have another global terminal operator soon. The head of Abu Dhabi Ports has hinted it is…
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Middle East
Marcura buys Falmor and G-Ports
The Marcura Group, a Dubai-based group of companies focused on providing business solutions to the maritime industry, has acquired UK-based…
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Middle East
Adnoc looks at listing its merged shipping division
State-run Abu Dhabi National Oil Co (Adnoc) is looking at a listing for its merged shipping division, Bloomberg reports. Adnoc…
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Middle East
DP World buys Drydocks World and Dubai Maritime City
Dubai Inc has moved to consolidate its top maritime brands, solving a multi-billion dollar restructuring riddle in the process. Global…
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Middle East
DP World to make exit from Surabaya
Dubai-based ports giant DP World has decided not to renew its operating contract at PT Terminal Petikemas Surabaya (TPS) in…
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Middle East
Shelf Drilling secures two jackup rig contracts
Dubai-based Shelf Drilling has been awarded contracts by Dubai Petroleum for two of its jackup drilling rigs, the 2007-built Shelf…
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Middle East
Gulf Marine Services secures new contracts and extension
Abu Dhabi-based offshore support vessel provider Gulf Marines Services has been awarded two new contracts in the MENA region. The…
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