Middle East News

 

Pakistan Port Attack Kills Two Soldiers, Eight Militants

Mar 20, 2024

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 Inks Service Deal with Port of Salalah

May 14, 2024

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 Inks 10-year Deal to Operate Iran's Chabahar Port

May 13, 2024

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…

McDermott’s Subsidiary Grabs Marsa LNG Job Worth Up To $250M

May 08, 2024

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…

Ras Al-Khair SEZ Seeking Maritime Infrastructure Investment

Apr 17, 2024

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…

Israel's Eilat Port Faces Layoffs Amid Red Sea Shipping Crisis

Mar 20, 2024

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 Open Fire at Pakistan's Gwadar Port, Two Attackers Killed

Mar 20, 2024

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…

LME to List Saudi Port as Copper and Zinc Delivery Point

Mar 19, 2024

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…

Biden's Pier for Gaza Aid Might Not be Ready for 60 Days

Mar 10, 2024

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…

US to Build Temporary Port to Deliver Gaza Aid

Mar 07, 2024

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…

Egypt's Non-oil Business Sector Hurt by Suez Canal Disruption

Mar 05, 2024

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 Studying Further Expansion of Suez Canal

Mar 04, 2024

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…

Houthi Attacks Having Limited Impact on Israeli Trade, Prices - Ministry

Mar 04, 2024

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 and Masdar Team Up to Power Port Operations with Renewables

Feb 26, 2024

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…

ESL Revamps GALEX Service, Launches New Services

Feb 02, 2024

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…

Logistics News

Prysmian Cements Partnership with Port of Middlesbrough with New Long-Term Deal

Prysmian Cements Partnership with Port of Middlesbrough with New Long-Term Deal

Five Inducted into the International Maritime Hall of Fame in NYC

Five Inducted into the International Maritime Hall of Fame in NYC

Over $77 Million in Projects Underway at Lake Michigan Port

Over $77 Million in Projects Underway at Lake Michigan Port

Women in Maritime Day: Shaping the Future of Maritime Safety

Women in Maritime Day: Shaping the Future of Maritime Safety

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