Pakistani security forces on Wednesday repulsed a gun and bomb attack by militants on a complex outside the strategic port of Gwadar, which killed all eight militants and two soldiers, officials said.China has invested heavily in the mineral-rich southwestern province of Balochistan, including developing Gwadar, despite a decades-long separatist insurgency.Armed with guns and bombs, the militants stormed the complex just outside the port that houses offices of government departments…
Cavotec announced it has signed a new two-year agreement with Port of Salalah in Oman to perform service of its 32 installed MoorMaster vacuum mooring units.Cavotec has already supported the port in its transition by equipping its berths with its MoorMaster automated mooring technology…
India signed a 10-year contract with Iran on Monday to develop and operate the Iranian port of Chabahar, the Narendra Modi-led government said, strengthening relations with a strategic Middle Eastern nation.India has been developing the port…
CB&I, a wholly owned subsidiary of McDermott, has been awarded a significant contract by TotalEnergies and OQ joint venture for the engineering, procurement, construction (EPC) of a full containment concrete liquefied natural gas (LNG) storage tank…
Saudi Arabia’s Ras Al-Khair Special Economic Zone (SEZ) said it is seeking local and foreign investors to help boost the Kingdom’s maritime infrastructure.With an initial area of 20 square kilometers, Ras Al-Khair SEZ, operated by the Royal Commission for Jubail and Yanbu…
Half the workers at Israel's Eilat Port are at risk of losing their jobs after the seaport took a major financial hit due to the crisis in Red Sea shipping lanes, officials said on Wednesday.Eilat sits on a northern tip of the Red Sea and was…
Unidentified gunmen opened fire at Pakistan's Gwadar port authority complex in its restive Balochistan province, Geo News reported on Wednesday.Two attackers were killed in retaliatory firing by security personnel, the TV channel said, adding that a blast preceded the firing…
The London Metal Exchange (LME) plans to list Jeddah, a Saudi Arabian Red Sea port city, as a new delivery point for copper and zinc subject to consultation on a technical change to the LME's warehouse location framework, it said on Tuesday…
U.S. President Joe Biden's plan to build a floating U.S. military port to speed up aid to Gaza could take up to 60 days to become a reality and involve more than 1,000 American troops, the Pentagon said on Friday.The Pentagon offered the timeline…
President Joe Biden will announce in his State of the Union speech on Thursday that the U.S. military will construct a temporary port on Gaza's Mediterranean coast to receive humanitarian aid by sea, senior administration officials said.Planning for the operation…
A downturn in Egypt's private sector activity deepened in February as a drop in Suez Canal freight due to attacks on shipping in the Red Sea worsened a long-running foreign currency shortage, a survey showed on Tuesday.The S&P Global Purchasing Managers' Index (PMI) for Egypt slipped to 47…
Egypt is studying further expansions of the Suez Canal to extend and complete a second channel of the waterway, the canal's head said on Monday, a move that could allow for higher volumes of shipping and prevent blockages from halting traffic…
Attacks by Yemen's Iran-backed Houthis on cargo ships in the Red Seas are having limited effect on trade to Israel and have not led to any significant inflationary pressures, Israel's Finance Ministry said in a report on Monday.Houthi militants…
DP World has signed a partnership agreement with Abu Dhabi Future Energy Company (Masdar) to explore and implement renewable energy systems across its global port operations in the Middle East and Africa.The agreement aims to facilitate the…
Effective February 14, 2024, ESL’s flagship GALEX service will provide direct connections between key Chinese ports and the newest addition – the dynamic Saudi Arabian maritime hub of Dammam. In addition, the modified port rotation reduces transit time between key ports in China and Jebel Ali…
