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
Cairo - Suez remains the dominant route, however. Of 57 Qatari deliveries into the UK in 2016, only one went round the Cape of Good Hope.
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
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.”
Doha - Saudi Arabia, the United Arab Emirates and other Arab countries cut diplomatic as well as travel and trade ties with Qatar last week, accusing it of supporting Iran and funding Islamist groups.
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
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
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
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
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
Tehran - Islamic Republic of Iran Shipping Lines (IRISL) has created regular services between the Persian Gulf, the Mediterranean, Europe and the Far East.
Tehran - The volume of Iran’s trade exchanges was increased by nearly one third over the past 12 months as compared with the previous year, new data released said.
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
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
Al Hamriyah - A fire that erupted on Saturday morning on a ship carrying petroleum substances docked at a port in Sharjah, United Arab Emirates (UAE).
Tehran - Iran has canceled a preliminary agreement with the French industrial group Bouygues to expand the Imam Khomeini International Airport (IKIA) south of Tehran, an official says.
Dubai - The UAE government has announced infrastructure developments worth Dh410 million ($112 million) including several road and housing projects in the emirates, said a report.
Tehran - The Iran Mercantile Exchange (IME) announced that around $941mln of various commodities weighting over 1,670,000 tons were traded in its domestic trading and exports halls in April.
Taipei - Taiwan’s troubled Yang Ming Marine Transport Corp is halting its container service to Iran, becoming the first foreign shipping line to abandon the route a year after international sanctions on Tehran were lifted, according to a company source.
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
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
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
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
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.
-kxJB--645x400@MediTelegraphWEB.jpg)
Doha - Qatari PCN members, Conxion Logistics & Heavy Equipment have successfully handled the national transport of a large RG boiler with dimensions of 14.00 x 3.20 x 3.80m and a weight of 70tns from Hamad Port to the Mesaieed Industrial City for Qatar Fertilizer Company
Tehran - Daewoo Shipbuilding and Marine Engineering Co., Ltd. (DSME) is to establish a shipbuilding company with three Iranian state-run companies by the end of January.
Ankara - Iran’s judiciary said on Tuesday an imprisoned human rights activist ended his hunger strike and his wife was granted a temporary release from jail, the semi-official news agency Tasnim reported.
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
Dubai - Saudi Arabia has long said it could produce as much as 12 million barrels per day (bpd) of oil if needed, but that pump-at-will claim - which would require huge capital spending to access spare capacity - has never been tested.
Dubai - Khamis Juma Buamim added that more information will be revealed at the completion of the acquisition.
Dubai - Donald Trump’s election has led to unease over threats to peace in the region, Iran’s defence minister said on Sunday, warning that a war would destroy Israel and the small Gulf Arab states.
Tehran - Iran expects to sell its crude oil at around $50 per barrel over the next Iranian calendar year that starts on March 21, 2017.
LINK: http://www.presstv.ir/Detail/2016/12/04/496408/Iran-to-sell-oil-at-50-per-barrel-next-year
Istanbul - Petlim will be the third largest port in Turkey and the largest port in the Turkish part of the Aegean Sea.
Seoul - Hyundai Heavy Industries Co., a major shipyard in South Korea, looks set to clinch a deal with Iran to supply 10 ships, a news report said Saturday.
Shanghai -Over 100 prominent members of the Chinese shipping community celebrated the opening of North P&I Club’s new office in Shanghai at The House of Roosevelt on the west bank of Huangpu River last Friday.
Dubai - Jebel Ali Free Zone (Jafza), the UAE’s flagship trade and logistics hub, has seen a 15 per cent growth in the number of petrochemicals, oil and gas companies registered in the free zone.
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
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
Tehran - A top Iranian trade official says the volume of foreign investments in the country is expected to increase by six times until next March to reach around $12 billion.
Tehran - The corridor would start in Iran’s Bandar Abbas port and would go through Azerbaijan, Armenia and Georgia.
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
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”
Wars and inflation are destroying the economy of an entire region. A warning from the IMF. Migrants? “If well managed, positive for Europe”.
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
Copenhagen - Chairman says post-sanctions issues being resolved. Says looking to expand fleet, sees clarity in 3-4 months. Hanjin troubles ‘a little bit good’ for IRISL.
Tehran - The country is following to the letter the agreement on the nuclear issue
Genoa - The Middle East, a tough market: there are no fixed reference points.
Genoa - Wars, pirates, international tensions: the region is a shifting crucible. A conversation with Francesco Ferrari (First)
London - Iran insurance market $9 bln, may double in next decade. Shipping, trade credit first sectors for Western insurers.
Tehran - A senior Iranian official says the Islamic Republic’s military presence in the Persian Gulf ensures the safety of oil tankers in this strategic region.
LINK: http://www.presstv.ir/Detail/2016/10/18/489635/Iran-SNSC-Ali-Shamkhani-Persian-Gulf