SERVICES

Middle East

“No Solution to Gulf crisis until bans are lifted”

“No Solution to Gulf crisis until bans are lifted”

Doha - The Foreign Minister of Qatar Sheikh Mohammed bin Abdulrahman Al-Thani said that the Gulf crisis cannot be resolved unless the “siege” is lifted. The Minister said that there can be no dialogue as countries that imposed restrictions on Qatar never gave specific expectations

Qatari LNG route to Europe round Africa is nothing new
Qatar signs $12 bln deal to buy jets from U.S.

Qatar signs $12 bln deal to buy jets from U.S.

Doha - Qatar’s Ministry of Defense said on Wednesday the country signed a deal to buyF-15 fighter jets from the United States for $12 billion. The deal was completed despite the Gulf country being criticized recently by U.S. President Donald Trump for supporting terrorism

Eni: “Qatar crisis affects gas not oil”

Eni: “Qatar crisis affects gas not oil”

Bologna - “The current tensions over Qatar have not had many effects, because the country is more a gas than an oil producer and so I think that in the end reason will win out and therefore it will be possible to find dialogue. I am convinced of it, because the role of Qatar is too important.”

Qatar launches new shipping routes to Oman amid food shortage fears
Etihad Cargo help bring endangered rhinos

Etihad Cargo help bring endangered rhinos

Abu Dhabi - The critically endangered black rhino has returned to the wilds of Rwanda with the help of Etihad Cargo and animal transport specialist Intradco Global. On behalf of African Parks, Intradco chartered two Etihad Boeing 777 freighters to transport the 19 black rhinos from Johannesburg to the Rwandan capital

GE: $15 billion of business deals with Saudis

GE: $15 billion of business deals with Saudis

Ryadh - U.S. technology and engineering conglomerate GE said on Saturday it had signed $15 billion of business deals with Saudi Arabia as part of the kingdom’s drive to diversify its economy beyond oil. It came as dozens of senior U.S. business executives met Saudi counterparts at a conference

Hapag-UASC tie-up nears completion

Hapag-UASC tie-up nears completion

Doha - German shipping line Hapag Lloyd is close to completing a mergerwith United Arab Shipping Company (UASC) after UASC’s shareholders agreed terms to repay outstanding debts, sources familiar with the talks said

Proven track record at JSL Global in Qatar / GALLERY

Proven track record at JSL Global in Qatar / GALLERY

Doha - JSL Global completed the offloading,local transportation and handling of 40 modules arriving at Hamad Port from Croatia. Each module weighed 25mt with dimensions of 14.0 x 3.6 x 3.6m. When the vessel berthed at Hamad Port, JSL noticed that the cargo was very delicate and because of its hollow structure

GAS discharges 15 transformers in Djibouti

GAS discharges 15 transformers in Djibouti

Djibouti - Gulf Agency Services in Djibouti is 10 years old and the company is focusedon project cargo. The cargo arrived at the Port of Djibouti from Shanghai (China) aboard “BBC Kwiatkowski” for an Ethiopian Electric Power Project. Eight of the transformers weighed in at 110mtns each with seven at 53.8mtns

Iran: IRISL begins shipment of heavy cargoes
Over 33 % rise in volume of Iran’s trade exchanges
New Auto Gate system opens at Sohar

New Auto Gate system opens at Sohar

Sohar - As the world’s leading port network,Hutchison Ports is no stranger to significant infrastructure investments or world-leading technologies. As the container terminal operator at Sohar Port in Oman, Hutchison is taking its next bold step towards modernisation and full automation

Saudis/Russians mull possible new output cut / STATEMENT

Saudis/Russians mull possible new output cut / STATEMENT

Ryadh - The Minister of Energy, Industry and Mineral Resources of the Kingdom of Saudi Arabia Khalid Al-Falih and The Minister of Energy of the Russian Federation Alexander Novak held a meeting on the 15th of May 2017 to discuss the progress on their bilateral cooperation and consult on the state of global oil markets

Fire on ship at Sharjah port kills 1
Iran cancels airport deal with France’s Bouygues
UAE approves $112m infrastructure projects
Iran Mercantile Exchange Monthly Trade Exceeds $940mln in April
Troubled Taiwan shipping line Yang Ming cuts Iran service
Korean companies in Saudi “Vision 2030”

Korean companies in Saudi “Vision 2030”

Seoul - Large number of South Korean companies will participate in Saudi Arabia’s Vision 2030 project to promote its seven major industries. South Korean Minister of Trade, Industry and Energy Joo Hyung-hwan visited Riyadh, Saudi Arabia, from April 3 to 4 and held discussions with Khaled Al-Faleh, minister of energy

Iran sanctions 15 US firms, citing Israel ties

Iran sanctions 15 US firms, citing Israel ties

Teheran - Iran has imposed sanctions on 15 U.S. companies for alleged human rights violations and cooperating with Israel, the state news agency IRNA reported on Sunday. The agency quoted Iran’s foreign ministry as saying the companies had “flagrantly violated human rights” and cooperated with Israel

Greece, Israel sign agreement in shipping

Greece, Israel sign agreement in shipping

Athens - Greece and Israel on Monday signed a bilateral maritime transport agreement that aims to upgrade the legislative framework governing Greek-Israeli bilateral ties in shipping and lead to a deeper strategic partnership between the two countries in the transport sector

First mega-ship calls at Israeli port

First mega-ship calls at Israeli port

Haifa - The largest ship ever to dock in an Israeli port arrived at the port of Haifaon Thursday. The 13,092-TEU “Maersk Elba” container ship arrived at the Carmel Terminal the morning of February 2. It was operated on by four STS cranes with an average productivity of 136 containers per ship hour

The new Black Sea port / REPORTAGE

The new Black Sea port / REPORTAGE

IN 2016 container traffic in Black Sea, except Turkey, fell by 12,2 % year over year during the first nine months of the year to 1,72 million teus excluding transshipments.

Conxion handles large boiler for Qatar Fertilizer
Daewoo to establish joint shipbuilding company in Iran this month
Iranian activist ends hunger strike: wife released temporarily, Tasnim says
DP World increases its stake in Pusan Newport

DP World increases its stake in Pusan Newport

Dubai - DP World announces that it has acquired an additional 23.94% stakein Pusan Newport Company Limited (PNC) in South Korea from Samsung Corporation and Subsidiaries. This increases DP World’s holding in PNC to 66.03%, and the terms of the transaction are undisclosed

Cost of pump-at-will oil policy spurred Saudi OPEC U-turn
GulfNav to acquire large shipping fleet
Iran says Gulf worried about war risks with Trump
Iran to sell oil at $50 per barrel next year
Petlim container port to be commissioned this week
Hyundai Heavy near deal with Iran for 10 ships
North P&I Club  lands in the chineese shipping community
Jafza sees 15pc growth in petchem, oil firms
Sohar Port Q3 2016 container volumes +11%

Sohar Port Q3 2016 container volumes +11%

Sohar - Container volumes at Sohar Port have increased by 11% comparedto the third-quarter of 2015, reflecting the ports continued expansion efforts. Overall tonnage at the port was up by more than 6% in Q3 2016, compared to the same period last year, at over 13.4 million metric tonnes

Hapag-UASC to win conditional EU okay

Hapag-UASC to win conditional EU okay

Dubai - German container shipping line Hapag-Lloyd is set to secure EU antitrust approval for its merger with United Arab Shipping Company (UASC) after the latter agreed to pull out from some vessel sharing agreements, two people familiar with the matter said on Tuesday

Iran expects $12bn in foreign investments
Iran says India wants to join Europe rail link
King Abdullah bulk terminal ready next year

King Abdullah bulk terminal ready next year

Dubai - King Abdullah Port’s management expects to finalize the first phase of bulk cargo terminals with a capacity of three million tons, in addition to the RORO (roll-on/roll-off) terminals with a capacity of 300,000 CEU by the beginning of 2017

Talal puts aside Twitter feud, welcomes Trump

Talal puts aside Twitter feud, welcomes Trump

Dubai - Saudi business magnate Prince Alwaleed bin Talal congratulated Donald Trumpon his U.S. presidential victory, almost a year after the two clashed bitterly on Twitter. “President elect @realDonaldTrump whatever the past differences, America has spoken, congratulations & best wishes”

“Palestinian-style” drift: a risk for Middle East
New Lebanese government will attract aid

New Lebanese government will attract aid

Beirut - Lebanon’s election of a new president and the coming formationof a government will increase confidence in the economy and attract foreign aid, the country’s central bank chief said on Thursday. The Lebanese parliament elected former army commander Michel Aoun as president on Monday

Iran Shipping Lines sees business back to normal by mid-2017 / INTERVIEW
Iran: the agreement is working, a superpower is back on track
Gallo: “Trade with Italy down, shifting freight volumes”
The Middle East, a testing ground for the insurance sector / INTERVIEW
Cautious Western insurers rebuild business ties with Iran
Iran ensures safety of oil tankers in Persian Gulf: Shamkhani