Middle East News - page 2

 

ADNOC Logistics & Services Acquires Six Stan Tugs from Damen

Aug 24, 2021

ADNOC Logistics & Services has acquired six line boats to provide critical marine services across petroleum ports in Abu Dhabi. The company, the shipping and maritime logistics branch of the Abu Dhabi National Oil Company (ADNOC), said all the…

FBI: Amount of Chemicals in Beirut Blast Was a Fraction of Original Shipment

Jul 30, 2021

The amount of ammonium nitrate that blew up at Beirut port last year was one-fifth of the shipment unloaded there in 2013, the FBI concluded after the blast, adding to suspicions that much of the cargo had gone missing.As the first anniversary approaches on Aug…

Saudi PIF, China's COSCO Buy Stake in Red Sea Gateway Terminal

Jul 15, 2021

The Public Investment Fund, Saudi Arabia's sovereign wealth fund, and COSCO SHIPPING Ports Ltd have completed a deal to buy a combined 21.2% stake in Red Sea Gateway Terminal Ltd from Saudi Industrial Services Co (SISCO).SISCO will receive gross proceeds of 556…

Eco Wave Power Set to Install Wave Energy Tech in Port of Jaffa as Sea Wall Works Near Completion

May 05, 2021

Swedish wave energy development company Eco Wave Power said Wednesday it was nearly done with the wall reinforcement works, meant to enable the installation of floaters on the sea wall of the Port of Jaffa, Israel.The works so far have included…

US Hits Iran With Fresh Sanctions

Jan 05, 2021

The United States on Tuesday blacklisted a Chinese company that makes elements for steel production, 12 Iranian steel and metals makers and three foreign-based sales agents of a major Iranian metals and mining holding company, seeking to deprive Iran of revenues as U…

S. Korea's Daewoo Nets $2.6 Bln Iraqi Port Deal

Dec 30, 2020

Iraq agreed a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction on Wednesday to build the first phase at its planned Faw commodities port in the south of the country.Under the contract, signed in Baghdad by representatives…

Iraq to Sign $2.625 Bln Port Contract with S.Korea's Daewoo

Dec 23, 2020

Iraq's government has agreed to sign a $2.625 billion contract with South Korea's Daewoo Engineering & Construction to build the first phase of a giant cargo port in the south of the country, a port manager said on Wednesday.The long-planned…

US Blacklists Chinese, UAE Companies Over Sale of Iranian Petrochemicals

Dec 17, 2020

The United States on Wednesday imposed sanctions on companies based in China and the United Arab Emirates, accusing them of supporting the sale of Iranian petrochemicals as Washington increases pressure on Tehran in the closing days of President Donald Trump's term…

In Beirut Port, All of Lebanon’s Ills Are Laid Bare

Oct 28, 2020

The first of many warnings about a deadly cargo in Beirut’s port came in February 2014, about three months after its arrival. It was made by Colonel Joseph Skaf, described by his family as a diligent customs official.Skaf, then the head of the anti-narcotics and money laundering division…

On Watch: International Coalition Monitors, Protects Middle East Shipping Lanes

Sep 29, 2020

The International Maritime Security Construct (IMSC) was created July 2019 as a way to deter unprofessional behavior in the waters of the Middle East region through its operational arm, Coalition Task Force (CTF) Sentinel.The IMSC comprises eight nations – Albania…

Stored Crude, Condensate Could be Shipped from Shuttered Libyan Ports

Aug 19, 2020

A limited reopening of Libyan oil terminals could allow the export of some crude oil and condensate stored at Es Sider, Brega, Zueitina and Hariga, but leaves a months-long blockade of the ports in place, oil engineers say.East Libyan authorities…

Libya's NOC Warns of Dangers at Oil Ports

Aug 10, 2020

The chairman of Libya's National Oil Corp (NOC) on Saturday warned against the risk of a disaster at the country's oil ports due to a growing military presence with storage tanks held at capacity for months due to a blockade.'Oil ports are closed…

Bunkering at UAE's Fujairah Plummets in May

Jun 18, 2020

Ship fuelling activity in Fujairah in the United Arab Emirates, a bunkering and fuel storage hub in the Middle East, fell in May as declining demand was made worse by slowing global trade because of the coronavirus pandemic, four trade sources said…

Bahri Puts LNG Tanker Plan on Hold

May 21, 2020

Saudi Aramco’s shipping division Bahri has put on hold plans to charter up to 12 liquefied natural gas (LNG) tankers after Sempra Energy delayed its decision on whether to proceed with an LNG export project in Texas, two sources said.Bahri issued…

US Tells Gulf Mariners to Stay Clear of Its Warships

May 20, 2020

In an alert that appeared aimed squarely at Iran, the U.S. Navy issued a warning on Tuesday to mariners in the Gulf to stay 100 meters away from U.S. warships or risk being “interpreted as a threat and subject to lawful defensive measures.”The notice to mariners…

Logistics News

From Paper to Pixels: Embracing the Digital Logbook

From Paper to Pixels: Embracing the Digital Logbook

Floating Wind to Drive U.S West Coast Port Developments

Floating Wind to Drive U.S West Coast Port Developments

Venezuela's PDVSA Tightens Oil Prepayment Rules

Venezuela's PDVSA Tightens Oil Prepayment Rules

Finance: Investors Become Super-Bullish on Oil

Finance: Investors Become Super-Bullish on Oil

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