Tokyo - Japan is working on a plan to send about 270 seamen to the Middle East to guard ships supplying Japan under a law that allows military deployments for research and intelligence gathering
Aarhus (Denmark) - Denmark’s Unifeeder, part of the United Arab Emirates’s global port operator DP World, has acquired a 77% stake in The Feedertech Group, a Singapore-based feeder and shortsea operator
Washington - The Trump administration assured U.S. banks on Wednesday that they can temporarily process U.S. dollar transactions on Chinese shipping companies it had previously sanctioned
Papendrecht (The Netherlands) - Dutch dredging and heavylift company Royal Boskalis Westminster has acquired the remaining 37.5% in the United Arab Emirates’s Horizon Group
Riyadh - Saudi regulators on Sunday approved state energy giant Aramco’s request to make its stock market debut, firing the starting gun on the highly anticipated offering which could be the world’s largest. The announcement paves the way for a domestic stock listing of Aramco
Basra - Global terminal operator International Container Terminal Services Inc. (ICTSI) has inaugurated two new berths at the Iraqi port of Umm Qasr. The additional capacity allows the port to handle 14,000 teu capacity container vessels for the first time
Kigali - The Arab terminal and shipping group DP World is expanding in inland Africa, where it has put into operation its new logistics platform in Kigali, Rwanda
Tokyo - Japan said on Friday it will not join any U.S. coalition to protect merchant vessels in Middle Eastern waterways, but will instead send a separate force of ships and planes to guard ships supplying Japan from the key oil-producing region
Beirut - The Lebanese government faced calls to resign Thursday after thousands of furious demonstrators took to the streets across the country to protest dire economic conditions. Public anger has simmered since parliament passed an austerity budget in July to help trim a ballooning deficit
Riyadh - Saudi Arabia launched on Sunday a new logistics zone open to private investors in the Red Sea port city of Jeddah
Dubai - An Iranian government spokesman on Saturday described as a “cowardly attack” an incident that Iranian media have called the apparent targeting by missiles of an Iranian-owned oil tanker
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Beijing - In the presence of His Excellency Sheikh Mohammad Bin Hamad Bin Tahnoon Al Nahyan, Chairman of Abu Dhabi Airports, Bryan Thompson, Chief Executive Officer of Abu Dhabi Airports, has signed a Memorandum of Understanding (MoU) with Yao Yabo, President of Beijing Daxing International Airport
Dubai - United Arab Emirates’s port operator DP World, has hailed the results of its operations in Peru, where it has evolved in two years from a greenfield terminal into a fully integrated maritime and logistics hub for South America
Dubai - An Iranian-owned oil tanker was hit by two missiles in the Red Sea off Saudi Arabia’s coast on Friday, Iranian media and officials reported
Dubai - Iran’s foreign ministry said a detention order on the British-flagged tanker Stena Impero was lifted on Wednesday, but added that an investigation into the vessel was ongoing
Teheran - Iran recorded during the first six months of this year a 3.6 percent surge in the volume of products loading and unloading at ports
Dubai - Qatar Petroleum and Shell agreed to establish a partnership to accelerate the development of liquified natural gas (LNG) fuelling infrastructure around the world
London - Gibraltar acted in good faith when it released the Adrian Darya 1 tanker and Iran broke assurances it had given not to sell the crude oil to Syria
Oslo - A fire onboard an oil tanker at Norway’s Sture crude export terminal broke out in the engine room of the Dubai Harmony tanker during loading at the Equinor oil terminal on Norway’s west coast
Dubai - The United Arab Emirates’ Brooge Petroleum and Gas Investment Co has awarded a contract to Spain’s SENER engineering group to build a new oil refinery in Fujairah. The plant will produce fuel that complies with new international laws capping sulphur content in shipping
London - Britain’s decision to send warships to the Strait of Hormuz has helped to stabilize commercial shipping, says a top British navy official
London - Ship management company V.Group has signed a contract with the logistics branch of Abu Dhabi National Oil Company, ADNOC Logistics & Services
London - The Iranian oil tanker Adrian Darya 1 at the center of a dispute between Tehran and Western powers
Dubai - Iran’s coast guard has seized a foreign tugboat suspected of smuggling fuel in the Gulf and detained its 12 Filipino crew members
Moscow - Seven of the 23 crew members of the British-flagged tanker Stena Impero that was seized by Iran in July reached Dubai on Thursday after Tehran agreed to their release, a Russian official said
Dubai/London - Iran will free seven crew members of the detained British-flagged tanker Stena Impero
Istanbul - An Iranian oil tanker at the center of a dispute between Washington and Tehran is no longer heading towards Turkey’s Iskenderun port and now has no specified destination
Oslo - An oil tanker that was set ablaze by a blast near the Strait of Hormuz in June will be back in service in the fourth quarter after repairs, vessel owner Frontline said on Tuesday
Dubai - A drone attack launched by Yemen’s Houthi group on an oil field in eastern Saudi Arabia on Saturday caused a limited fire at a gas plant but had no impact on oil production, state-run oil company Saudi Aramco said.
Brussels - Following the seizure of the oil tanker “Stena Impero” on 19 July, the International Chamber of Shipping, the European Community Shipowners’ Associations and the Asian Shipowners’ Association urge immediate action by the international community
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Baku - Azerbaijan rescued all nine crew members of an Iranian cargo vessel before it sunk in the Caspian Sea
Dubai - United Arab Emirates’s DP World has announced it has signed two preliminary agreements with Indonesia’s leading conglomerate Maspion Group to create a 1.2 billion dollars container port
Stockholm - All 23 crew on a British oil tanker seized last week by Iran in the Strait of Hormuz are safe and well, the vessel’s Swedish operator Stena Bulk said
London - Britain will seek to put together a European-led maritime protection mission to ensure safe shipping through the Strait of Hormuz after Iran seized a British-flagged vessel in what London said was an act of “state piracy”
London - Britain denounced the Iranian seizure of a British-flagged oil tanker in the Gulf as a “hostile act”, rejecting Tehran’s explanation that it had seized the vessel because it had been involved in an accident
London - Oil would initially jump by $15-20 a barrel if Iran blocked the Strait of Hormuz, but prices would ease immediately once U.S. forces engaged, said U.S. consultancy Rapidan
Tel Aviv - Israel’s Zim has signed an agreement to further expand its cooperation with the members of the 2M Alliance, Maersk & MSC
Dubai - The UK-flagged supertanker Pacific Voyager that halted in the Gulf on Saturday is “safe and well”
Seoul - Saudi Arabian tanker giant Bahri is set to order very large crude oil carriers (VLCCs) from a large-scale shipyard being developed in the King Salman Complex by International Maritime Industries (IMI) at Ras Al-Khair, with the vessels being built at the dockyard of Hyundai Heavy Industries (HHI) in South Korea
Dubai - The ongoing (and seemingly unending) decline being witnessed in the sub-continent markets showed no signs of slowing this week, with some truly pitiful performances seen from all locations. An analysis by GMS
Vienna - Iraqi Oil Minister Thamer Ghadhban said on Sunday that he expects a global deal cutting crude production to be extended by six to nine months and that his country supports all efforts to improve stability in the oil market.
Los Angeles - Hyperloop Transportation Technologies has met with officials from the United States Department of Transportation, USDOT, at HyperloopTT’s research facilities in Toulouse, France
London - Growing concern for safety of Middle East shipping lanes. Premiums spike after repeat attacks.
Dubai - International bonds issued by Gulf Cooperation Council (GCC) states weakened on Thursday after two tankers were hit in suspected attacks in the Gulf of Oman, a month after a similar incident in which four tankers in the region were struck.
Tokyo - The president of the Japanese shipping company Kokuka Sangyo Ltd said one of its tankers had been attacked near the Strait of Hormuz, its president told reporters at a news conference.
Abu Dhabi - CSP Abu Dhabi Terminal, a container terminal built and operated by China’s COSCO Shipping Ports Limited (CSP) at Khalifa Port in partnership with Abu Dhabi Ports, has received two of the world’s largest mega-vessels within less than a month
Dubai - Saudi Arabia does not want war but will not hesitate to defend itself against Iran,a top Saudi diplomat said Sunday after the kingdom’s energy sector was targeted this past week amid heightened tensions in the Persian Gulf
London - Not in a long time has the geopolitical situation in many of the worlds largest crude providers been so precarious. At the time of writing, many are still trying to understand the rationale behind the sabotage of vessels at Fujairah and drone attacks on Saudi Arabian pumping stations
Lima - Israel Shipyards Ltd. and SK Group member,a leading shipbuilding and repair company for the naval and commercial marine markets - presents its advanced solutions for seaborne interdiction and prevention of terrorist and illegal activities for navies, law enforcement and HLS forces, at SIDEF 2019
Dubai - Saudi Arabia says drones hit oil pumping stations near Riyadh. Attack follows sabotage of Saudi oil tankers off UAE coast.