Qatar Gas Transport Company (known as “Nakilat”, which means carriers in Arabic) recorded its financial results for the first half of the year ended June 30, 2017 with a net profit of QR 409 million ($112 million) compared to QR 501 million ($137 million) of the same period last year in 2016…
Al Sharqi Shipping said it has once again received the Top Customer Award from French container carrier CMA CGM, marking the fourth straight year the Dubai based logistics firm has been given the accolade. The 2016 Top Customer Award was handed over from CMA CGM representatives Santosh Devasper…
The Neverland tanker has reappeared off the coast of Malta after going off radar near Canada on June 30, when it was chartered by oil trader Vitol carrying Iraqi Kurdish crude oil, Reuters ship-tracking showed on Friday. The tanker had been…
Qatar Gas Transport Company and Norwegian shipping business Hoegh LNG have embarked on a joint project to open new markets for Qatar to sell its liquefied natural gas (LNG) via floating import terminals. Hoegh LNG, a developer of floating LNG import terminals…
Stephan Aumann has been appointed by ASYAD (formerly Oman Global Logistic Group) board of directors as the new CEO of the Oman Drydock Company S.A.O.C. in Duqm/Oman.Aumann assumed the role June 15 and replaced the former CEO Jin Han Lee (DSME)…
Djibouti opened a $64 million port on Thursday, the third of four ports designed to boost the tiny Horn of Africa nation's position as a trading hub, its ports authority said. Djibouti Ports and Free Zones Authority (DFZA) said in a statement…
Damac Properties has signed an agreement with Oman to develop a port in the country's capital city Muscat as a tourism destination, Dubai's second-largest listed developer said on Wednesday.Damac signed a memorandum of understanding with…
Maersk Line, a part of A.P. Moller-Maersk, said on Monday the first container feeder service into Qatar will depart Oman on June 26, later than a planned June 19 start. To avoid trade restrictions imposed on Qatar by Saudi Arabia, United Arab Emirates and others…
Gulf Petrochem Group, the UAE based global bunker supplier, said it is now officially offering physical supply of Gasoil on the River Thames, U.K. The group’s deliveries will be carried out using a barge on an exclusive long-term charter named the Conveyer…
Qatar Petroleum and Shell signed a framework agreement to develop global LNG bunkering facilities on Tuesday, Qatar Petroleum said. 'We view LNG bunkering as a promising opportunity for LNG to further grow as a clean energy source,' Qatar Petroleum CEO Saad Sherida Al-Kaabi was quoted as saying…
Britain on Monday urged Gulf states including Saudi Arabia to ease a blockade of Qatar and to find an immediate solution to the impasse through mediation.Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and transport ties a week ago…
Qatar and container lines have launched new shipping services via Oman in an effort to sidestep a port ban in neighbouring countries and secure a food lifeline after other Gulf states severed ties with Doha last week.Saudi Arabia, the United…
Western manufacturers are shying away from supplying equipment for an Iranian port that India is developing for fear the United States may reimpose sanctions on Tehran, Indian officials say, dealing a blow to New Delhi's strategic ambitions in the region…
The United Parcel Service Inc said it will suspend the transit of goods to and from Qatar in Saudi Arabia, Egypt, the United Arab Emirates and Bahrain amid an ongoing dispute in the region. 'We will continue to monitor for any potential service impact with regards to air…
Abu Dhabi port authorities have eased restrictions on oil tankers going to and from Qatar, according to industry sources and shipping circulars seen by Reuters on Wednesday.Abu Dhabi Petroleum Ports Authority issued a new circular on Wednesday removing previous restrictions on non-Qatar owned…