Middle East News - page 2

 

DEME wins Saudi Arabia Dredging Contract

Dec 11, 2023

A consortium of Saudi Archirodon and DEME has been awarded the second phase of transformation work for the Port of NEOM, the primary seaport of entry to northwest Saudi Arabia.Based in Oxagon, Port of NEOM is located along the coast of the Red Sea and is adjacent to the nearby Suez Canal…

Maersk Winds Down Operations in Syria

Nov 21, 2023

Danish shipping company Maersk will from Dec. 1 no longer offer shipments to or from Syria, it said on Tuesday.Maersk said in a statement its operations in Syria are already limited as a result of international sanctions.'This has recently become even more challenging logistically…

Rambaud Named CEO of Bolloré Logistics Middle East

Nov 14, 2023

Bolloré Logistics announced Jean-Baptiste Rambaud has been appointed as CEO of Bolloré Logistics Middle East.Based in Dubai, he will work toward the development of the region. He also aims to launch new projects to drive the company’s growth in several key sectors such as aerospace…

Cyprus Outlines Plan for Maritime Corridor to Get Aid to Gaza

Nov 09, 2023

The president of Cyprus outlined a proposal on Thursday to open a maritime corridor to help deliver more aid to Gaza, a plan which he said could be operational quickly but which diplomats said faced challenges.Under the plan presented by President…

Israel's Ship Industry Urges Government to Help with Jump in War Insurance

Nov 02, 2023

Ships sailing for Israel face a 10-fold jump in war risk premiums as the conflict in Gaza intensifies, prompting industry calls for the government to help ensure vital imports keep coming.Israel has vowed to annihilate Islamist group Hamas after…

Strait of Hormuz: The World's Most Important Oil Artery

Oct 20, 2023

The Israel-Hamas war has raised the spectre of a wider regional conflict which could embroil Iran and other regional factions.Analysts and market observers say the conflict could prompt the United States to tighten sanctions on Iran, which may…

Israel's Ports Feel Strain as Shipping Traffic Slows After Attacks

Oct 11, 2023

Activity at Israel's ports is slowing after Saturday's attacks by Islamist group Hamas on towns close to Gaza, with the cost of insurance premiums for Israeli shipments soaring amid tightening supplies of food stocks, according to sources and data…

Zim Says Shipping Interruptions May Occur to Israel Service

Oct 11, 2023

Operations and services to Israeli ports are continuing without interruption although service interruptions may occur at short notice, Israeli container line Zim said on Wednesday.While around 90% of its operations are outside Israel, the company…

Israel Highlights Fragility of New Trade Corridors

Oct 10, 2023

A new and deadly chapter of the decades-old Israel-Palestinian conflict is a reality check for an ambitious trade route. The India-Middle East-Europe Economic Corridor (IMEC), championed by Washington last month on the sidelines of the G20 summit…

Change in MENAS Navigational Light Dues

Sep 01, 2023

Middle East Navigation Service (MENAS), provider of aids to navigation (AtoN) in the Middle East Gulf region, said its is increasing rates and widening the group of ships that will be asked to pay for the service.The group has been providing…

AD Ports, Saab Partner to Develop Port Security Tech

Aug 09, 2023

AD Ports Group and Saab UAE have entered into a Memorandum of Understanding (MoU) to establish a strategic cooperative relationship, which will see both entities collaborate on the development of maritime surveillance solutions and sensors.Under the agreement…

Kazakhstan in Talks with Abu Dhabi Ports on Agricultural Exports

Aug 07, 2023

Kazakhstan is in talks with Abu Dhabi Ports to set up a joint venture that would help ship Kazakh agricultural exports via Iran and then Gulf ports, the Central Asian nation's government said on Monday.Kazakhstan, a significant exporter of agricultural commodities such as grains and oilseeds…

Lebanon Marchers Mourn Port Blast Victims Three Years On, Angry at Stalled Probe

Aug 04, 2023

Thousands of mourners and protesters marched in the Lebanese capital on Friday to remember those killed in a huge port blast three years ago, as religious leaders and rights groups decried the lack of accountability amid a stalled investigation…

Report: Gulf-to-Europe Hydrogen Pipeline Feasible

Jun 27, 2023

RINA and Consultant AFRY have undertaken an initial study of how the Gulf region and Europe could be linked directly with a pipeline to transport low-carbon hydrogen. The results indicate a transformative opportunity to unlock the Gulf's immense…

Maersk Expands Operations at Jeddah Port

Jun 12, 2023

The Saudi Ports Authority (Mawani) announced the addition of AE12 and AE7 shipping services to Jeddah Islamic Port by logistics giant Maersk.With a capacity of 18,000 TEUs and 12 vessels, the AE7 route includes 15 port calls at Ningbo-Zhoushan…

Logistics News

First LNG Carrier Arrives at New German Mukran Terminal

First LNG Carrier Arrives at New German Mukran Terminal

Brazil's Paranagua Port Resumes Operations After Fire

Brazil's Paranagua Port Resumes Operations After Fire

EU Clears CMA CGM's Acquisition of Bollore Logistics, Subject to Conditions

EU Clears CMA CGM's Acquisition of Bollore Logistics, Subject to Conditions

ZIM Names Trio of LNG Containerships

ZIM Names Trio of LNG Containerships

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