United Arab Emirates
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Tankers
Norstar and Tristar set up chemical tanker venture
Singapore’s Norstar Shipping and Dubai’s Tristar Group have established a joint venture company to charter and operate chemical and clean…
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Ports and Logistics
AD Ports signs multiple agreements in Egypt
Abu Dhabi’s AD Ports Group has signed a concession agreement to develop and operate a multi-purpose port in Safaga in…
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Offshore
Shelf Drilling secures two-year jackup contract in Nigeria
Oslo-listed jackup rig pure-play Shelf Drilling has won a two-year contract in Nigeria for the . The drilling campaign for…
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Tankers
Sharma’s Lila Global pockets millons from latest tanker sale
Lila Global, the shipowning arm of cash buyer Global Marketing Systems (GMS), has managed an astonishing return on investment in…
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Tankers
Al Seer Marine ups MR order tally at K Shipbuilding
Al Seer Marine, part of Abu Dhabi’s International Holding Company (IHC), has booked two additional MR tankers for construction at…
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Ports and Logistics
AD Ports forms Uzbek logistics joint venture
Abu Dhabi’s AD Ports Group has entered the Uzbekistan logistics sector via a new joint venture with the country’s multisectoral…
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Ports and Logistics
DP World to invest $35m in Brazil’s Port of Santos
Dubai-headquartered terminal operator DP World has announced a $35m investment to expand and modernise its facilities located on the left…
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Gas
Excelerate Energy extends FSRU charter in Dubai
New York-listed floating regasification specialist Excelerate Energy has secured a time charter extension from Dubai Supply Authority (DUSUP) for the…
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Gas
Al Seer adds Kawasaki LPG/ammonia carrier to growing newbuild orderbook
Fast-growing Al Seer Marine has booked another gas carrier newbuild as part of its ABGC DMCC joint venture with Dubai-based…
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Offshore
Leadership change at PXGEO
Peter Zickerman’s marine geophysical service provider PXGEO has appointed Tony Bowman as the company’s new chief executive officer. Bowman, a…
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Offshore
Fugro snaps up pair of P&O Maritime Logistics’ PSVs
Fugro has acquired two platform supply vessels bareboat chartered-in by DP World’s P&O Maritime Logistics which will be repurposed to…
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Gas
Al Seer JV in for more South Korean LPG carriers
ABGC DMCC, a joint venture firm of fast-expanding Al Seer Marine and BGN International, has booked a pair of liquefied…
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Tankers
Cash buyer Wirana enters shipowning with double VLCC swoop
Cash buyers in the ship recycling sector are well aware of the fortunes to be made by extending the trading…
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Renewables
P&O Maritime Logistics converting module carrier to cable-lay vessel
DP World’s P&O Maritime Logistics has announced plans to convert one of its module carrier vessels into a cable-laying vessel…
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Bunkering
Uniper sells UAE bunker trading unit
Düsseldorf-headquartered energy company Uniper has reached an agreement to sell its United Arab Emirates-based crude oil processing and marine fuel…
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Offshore
Shelf Drilling secures jackup extension
Dubai-based Shelf Drilling has secured a one-year contract extension from Gemsa Petroleum Company for 1982-built jackup rig . The extension…
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Ports and Logistics
Quirky box-related world record secured in the Middle East
One of the more quirky shipping-related world records has just been achieved in the Middle East. Khalifa Port, Abu Dhabi’s…
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Offshore
PXGEO seals new contract with Shell
Peter Zickerman’s marine geophysical service provider PXGEO has secured a new contract with Shell to provide 12 months of high-end…
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Ports and Logistics
DP World to build box terminal at India’s Deendayal port
Dubai-headquartered DP World has landed a concession to develop, operate and maintain the ‘mega-container terminal’ at Deendayal port on India’s…
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Finance and Insurance
Shelf Drilling closes $47m private placement
Oslo-listed jackup rig pure-play Shelf Drilling has raised NOK467m ($47m) in a private placement of new shares. “The transaction saw…
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