Middle East News - page 18

 

Qatari Export Costs to Rise as Port Ban Disrupts Trading

Jun 06, 2017

Region's largest bunkering hub shuns Qatari vessels; affected shippers may face delays, higher costs. The costs of Qatari energy and commodity exports are likely to rise as the United Arab Emirates' ban on Qatari vessels cuts the ships off from the region's main refuelling port…

RINA Consulting to Advise on New Kuwaiti Ports

Jun 05, 2017

RINA Consulting, a consulting engineering arm of the RINA Group, has won a consultancy contract to determine the general strategy for the development of three existing and one new port in Kuwait. The contract, valued at €1,450,000, ($1,631…

Saudi, UAE Ports Bar Qatari Flagged Ships

Jun 05, 2017

Ports in Saudi Arabia and the United Arab Emirates' barred ships flying Qatari flags after the two countries broke off diplomatic ties with Doha, in a move that raised fears of disruption to oil and gas shipments from the Gulf OPEC member. The…

Hapag-Lloyd Expects Post-Merger Job Cuts

May 31, 2017

German shipping company Hapag-Lloyd confirmed on Wednesday that it is looking to cut up to 12 percent of its almost 11,000 land-based workforce after completing its merger with Arab peer UASC last week. A spokesman at Hapag-Lloyd's Hamburg…

Gulf Bidders Emerge for UASC-linked Shipping Unit

May 23, 2017

Gulf-based bidders have emerged for the part-owned subsidiary of United Arab Shipping Company (UASC) whose sale is key to finalising the merger between UASC and German container shipping line Hapag Lloyd , sources close to the matter said. Last week…

OSC Launches VLCC Chartering Business

May 23, 2017

Oman Shipping Company (OSC) has officially set up a new commercial chartering desk offering its Very Large Crude Carrier (VLCCs) to major traders and charterers covering VLCC routes worldwide. OSC, one of the biggest ship owners in the MENA region…

UN Envoy to Yemen Says Houdeidah Port Should Be Kept Safe

May 22, 2017

The United Nations' special envoy to Yemen said on Monday he wanted to prevent any attack on the Houthi-held Red Sea port of Hodeidah and also called for the central bank's independence to be maintained to allow it to pay salaries on both sides of the conflict…

Turkey to Ramp up Corn Imports

May 22, 2017

Turkey's state grain agency TMO is expected to buy up to 320,000 tonnes of animal feed corn in the coming months after the Turkish government approved a large import programme, traders said on Monday. Turkey's state grains board TMO has been granted the right to import 500…

Attack on Yemen's Port Would Push Country Nearer Famine -UN

May 18, 2017

An attack on Yemen's Hodeidah port would push the country closer to famine as humanitarian agencies have no other way to deliver all the food and aid that is needed, a U.N. official said on Thursday. A Saudi-led military coalition has been preparing an assault on the key Red Sea port…

Abu Dhabi Ports Plans Emergency Response Exercise

May 15, 2017

Abu Dhabi Ports, the master developer, operator and manager of the Emirate's commercial and community ports as well as Khalifa Industrial Zone, in conjunction with Abu Dhabi Emergency, Crisis and Disasters Management Team, is preparing to conduct…

Milaha: NEw Shipping Service Between Qatar & UAE

May 15, 2017

Qatar-based maritime transport and logistics conglomerate Milaha said it has launched a door-to-door shipping service between Qatar and UAE, and vice versa. Mainly targeting SMEs in the automotive spare parts, fashion retail, and the Fast-Moving Consumer Goods (FMCG) sectors…

Abu Dhabi Ports Seeks Korean Investment

May 10, 2017

Abu Dhabi Ports the master developer, operator and manager of commercial and community ports in UAE, as well as Khalifa Industrial Zone, in conjunction with Abu Dhabi and the Korean Chambers of Commerce and Industry, have hosted an investment forum for the Korean market…

Officials Mull Future of Dubai Maritime Cluster

May 09, 2017

Further constructive dialogue with Partners sought to enhance maritime cluster Dubai Maritime City Authority (DMCA) officials recently met with officials of maritime company GAC Group to discuss current and future aspects of maritime freight…

Saqr Port Orders Damen ASD Tug

May 08, 2017

Saqr Port, part of Rash Al Khaimah (RAK) Ports, has signed a contract with the Damen Shipyards Group for the delivery of an ASD 2913 tug. The vessel will be built a short distance away at Albwardy Damen in Sharjah and will be delivered in time…

UN, Russia Warn Against Assault on Main Yemeni Port

Apr 25, 2017

United Nations and Russian officials warned on Tuesday against any attack by Saudi-led coalition forces on the Houthi-held Yemeni port of Hodeidah, the aid lifeline for a country where millions of people are in desperate need of food. The…

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