Bangladesh will hold talks with Dubai-based Emirates National Oil Company (ENOC) to set up an liquefied petroleum gas (LPG) terminal in the country, a Dhaka-based official said on Tuesday.'ENOC has sent us a proposal for a joint venture project to build an LPG terminal…
The U.S. Merchant Marine Academy at Kings Point (USMMA) announced today that John R. Ballard, Ph.D., has been named the new Academic Dean and Provost at the federal service academy. In this position, Dr. Ballard will serve as the chief academic…
DP World, the Dubai logistics group and one of the world's biggest port operators, will meet fixed income investors ahead of a planned 10-year benchmark dollar sukuk offering, a document issued by one of the banks arranging the potential issue showed on Monday…
Mauritius has become the 15th signatory to the Jeddah Amendment to the Djibouti Code of Conduct – the instrument developed and adopted by countries in the Western Indian Ocean and Gulf of Aden that has been a key factor in repressing piracy and armed robbery against ships operating in that region…
The Abu Dhabi National Oil Company (ADNOC) has awarded contracts worth AED 5.88bn (US $1.6bn) for the world’s largest continuous 3D onshore and offshore seismic survey, covering an area up to 53,000 square kilometres, as the company continues…
East Libyan forces said on Thursday they had retaken the shuttered oil ports of Es Sider and Ras Lanuf, though clashes resumed south of Ras Lanuf in the afternoon after a counter-attack by rival factions.Staff were evacuated from terminals in…
Somalia and Ethiopia announced they were jointly investing in four seaports to attract foreign investment to their two countries, the latest move in a tussle for access to ports along one of the world's most strategic waterways.After Somalia's…
Saudi Arabia and the United Arab Emirates announced a five-point aid plan for Yemen's Hodeidah port and surrounding areas on Wednesday, after a Saudi-led alliance of Arab states launched an attack on Yemen's Houthi-held main port city.As part of the plan…
Abu Dhabi Ports has signed a 30-year concession agreement with Mediterranean Shipping Company (MSC) to build a new container terminal at its Khalifa Port.Abu Dhabi, the capital of the United Arab Emirates (UAE), has spent billions developing the port…
Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, and Abu Dhabi Ports have opened a facility which will reduce trucking of EGA’s aluminium within Khalifa Industrial Zone Abu Dhabi (KIZAD) by over 290…
Cepsa presented in the Port of Huelva the first multi-product marine fuel supply vessel in southern Europe. The vessel, based in the port of Huelva, will provide ship to ship Liquefied Natural Gas (LNG), in addition to traditional fuels: fuel oils and diesel…
The Abu Dhabi National Oil Company (ADNOC) has signed agreements with Total of France, awarding them stakes in two of Abu Dhabi’s new offshore concessions. Under the terms of the agreements, Total has been awarded a 20% interest in the…
Emirates Global Aluminium, the largest industrial company outside oil and gas, has signed a long-term port facility agreement with Abu Dhabi Ports to use some of the world’s largest bulk cargo vessels to import raw materials through Khalifa Port…
Belgian tanker operator Euronav reported a sharp drop in core profit for the first nine months of the year as freight rates in the oil tanker sector continued to fall. Excess tonnage in the global tanker market has put pressure on freight rates…
Yemen's Houthi leader Abdel-Malek al-Houthi said on Thursday his group could target Saudi oil tankers should Saudi Arabia attack Yemen's main port at Hodeida. 'We could target Saudi oil tankers and we could do anything, we have not done this before…