Middle East News - page 11

 

Milaha Achieves Five-Star Safety Grading

Oct 08, 2018

Qatar-based maritime and logistics conglomerate Milaha said it has completed a best practice Five Star Occupational Health and Safety Audit conducted by the British Safety Council, making it one of the very few companies in Qatar to hold the five-star grading…

Saudi-led Coalition Foils Remote Controlled Boat Attack

Oct 01, 2018

A Saudi-led military coalition fighting against Yemen's Houthi movement foiled an attack by two explosives-laden remote controlled boats deployed by the Houthis against Saudi Arabia's Jizan port, Saudi state news agency SPA reported on Sunday…

Iran to Build Crude Oil Storage Facility at Gulf of Oman Port

Oct 01, 2018

A unit of the National Iranian Oil Co. (NIOC) signed a deal with a local firm on Sunday to build a crude oil storage facility near Iran's southeastern port of Jask with an initial investment of 200 million euros ($232 million), the oil ministry news website SHANA reported…

Khalifa Port Receives ARMG Cranes

Sep 30, 2018

Abu Dhabi Ports announced on Sunday the delivery of the first shipments of Automated Rail Mounted Gantry Crane (ARMG) and ship-to-shore quay cranes (STS) to Khalifa Port.Shipped from Shanghai, the ten state-of-the-art ARMG Cranes and four STS…

Oil Could Rise to $100 by 2019

Sep 24, 2018

Oil prices could rise towards $100 per barrel towards the end of the year or by early 2019 as sanctions against Iran bite, commodity merchants Trafigura and Mercuria said on Monday at the Asia Pacific Petroleum Conference (APPEC) in Singapore…

Dan-Bunkering DMCC Welcomes Three New Bunker Traders

Sep 18, 2018

Dan-Bunkering said it has hired three new Bunker Traders in its Dubai office.Benedek Nagy was born and raised in Hungary, however, at the age of 18 he moved to Denmark to study International Shipping and Trade as well as gain experience within the shipping industry…

Transmar Eyes Growth from Adabiya Port

Sep 05, 2018

Egyptian container shipping line Transmar said it has leveraged the Port of Adabiya in an effort to strengthen its presence across Middle East and East African routes.With a growing interest in container services and a recovery in the Egyptian economy…

China Shifts to Iranian Tankers to Keep Oil Flowing Amid US Sanctions

Aug 20, 2018

Chinese buyers of Iranian oil are starting to shift their cargoes to vessels owned by National Iranian Tanker Co (NITC) for nearly all of their imports to keep supply flowing amid the re-imposition of economic sanctions by the United States…

DP World cautions on trade, posts 2.1 pct drop in H1 net profit

Aug 16, 2018

DP World, one of the world's biggest port operators, posted a 2.1 percent drop in first-half net profit on Thursday, and cautioned about geopolitical risks and recent changes to trade policies.U.S. President Donald Trump is taking a more aggressive…

Saudi Arabia Resumes Oil Exports through Red Sea Lane

Aug 06, 2018

Top oil exporter Saudi Arabia said on Saturday it has resumed all oil shipments through the strategic Red Sea shipping lane of Bab al-Mandeb.Saudi Arabia halted temporarily oil shipments through the lane on July 25 after attacks on two oil tankers by Yemen's Iran-aligned Houthi movement…

GAC Dubai Steps Up in Pharma Logistics

Aug 03, 2018

GAC Dubai has been awarded the ISO 13485:2016 Medical Devices Management System certification, demonstrating its ability to provide quality warehousing, distribution and value-added services of medical devices that meet the high standards of the sector and the regulations that govern it…

Al Sharqi Shipping Wins Maersk Line Customer Award

Jul 31, 2018

Al Sharqi Shipping recognized as a top customer for Maersk LineAl Sharqi Shipping announced it has received Maersk's Platinum award for the year 2017. This marked the company's sixth consecutive award with Maersk Line.The award was presented by Jyoti Tahiliani…

UAE Bunker Inquiries Spike on Worries over Singapore Tainted Fuels

Jul 31, 2018

Inquiries for marine fuel supplies in the United Arab Emirates' (UAE) Fujairah oil hub have spiked as shippers try to avoid loading tainted fuel oil that has clogged and damaged ship engines in Singapore recently, three trade sources said.Tainted marine fuel has been found in Singapore…

Supertanker Hauling Saudi Crude U-turns After Recent Attack

Jul 30, 2018

A supertanker carrying Saudi Arabian crude has turned around near the Bab El-Mandeb strait, days after the world's top exporter said it was suspending all oil shipments through the strait following an attack by Yemen's Iran-aligned Houthi movement on two other ships…

Saudi Arabia Halts Red Sea Oil Exports after Tanker Attacks

Jul 26, 2018

Saudi Arabia said on Thursday it was suspending oil shipments through a strategic Red Sea lane after Yemen's Iran-aligned rebels attacked two tankers in the waterway, underscoring the risk of an escalation in tensions in the region.Brent crude futures rose 59 cents to $74…

Logistics News

ICTSI to Operate Durban Container Terminal Pier 2

ICTSI to Operate Durban Container Terminal Pier 2

Celebrity Edge Makes Maiden Call to Newcastle, Australia

Celebrity Edge Makes Maiden Call to Newcastle, Australia

Ukraine Says Russian Drone Attack Hit Civilian Vessel

Ukraine Says Russian Drone Attack Hit Civilian Vessel

Bulk Carrier on Fire After Russian Attack

Bulk Carrier on Fire After Russian Attack

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