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Middle East News - page 6

 

New Dredge Delivered to Aid Al Hamriyah Port Expansion

Feb 16, 2023

UAE-based contractor MAR Marine & Building Contractor has taken delivery of a new cutter suction dredger (CSD) that it will utilize at the Al Hamriyah Port expansion project.Built by Damen Shipyards Group, the CSD500 has been named MAR 22. “We…

Lebanese Blast Investigator Charges Former PM, Top Public Prosecutor

Jan 25, 2023

The judge probing the 2020 Beirut blast has charged Lebanon's top public prosecutor, the then-premier and other senior current and former officials in connection with the devastating explosion, judicial sources said and court summons show.Judge…

AD Ports Inaugurates Aqaba's First Cruise Terminal

Jan 23, 2023

The first and only cruise terminal in Aqaba was inaugurated with the arrival of the cruise vessel MSC Splendida carrying more than 2,000 visitors to Jordan.The new terminal marks the launch of the first of five strategic mega-projects planned…

Saudi Ports’ Container Volumes Grow 13.63% During December

Jan 19, 2023

Saudi Arabia’s ports ended December in the gains territory with a string of strong results across various indicators, chief among them the 13.63% year-on-year spike in container throughput from 841,055 TEUs to 955,731 TEUs.Saudi Ports Authority…

King Abdulaziz Port Kicks Off $1.9 Billion Container Terminal Project

Jan 10, 2023

The Saudi Ports Authority (Mawani) on Tuesday announced the laying of the foundation stone for upgrading and developing two container terminals at King Abdulaziz Port in Dammam under the Build-Operate-Transfer (BOT) concession signed with Saudi Global Ports (SGP) valued at over 7 billion riyals ($1…

Houthis Attack al-Dhabba Oil Terminal in Yemen

Nov 21, 2022

Yemen's Houthis attacked al-Dhabba oil terminal in Hadhramaut province on Monday, the group and Yemen's internationally recognized government said.The Iran-aligned Houthis fired a projectile from a drone that landed at the entrance of the terminal…

Fujairah Bunker Sales Slide 2% in October

Nov 18, 2022

Marine fuel sales at the United Arab Emirates' Fujairah, the world's third-largest bunkering hub, slid 2% month-on-month in October as demand slowed.Total sales volumes at Fujairah, excluding lubricants, were at 655,126 cubic metres (about 627…

Suez Canal Inks $500 Million Deal for Container Terminal

Nov 16, 2022

Egypt's Suez Canal Economic Zone (SCZONE) on Tuesday announced it signed a $500 million contract with the Suez Canal Container Company (SCCT) to establish a second container handling terminal in East Port Said.The project will expand the existing SCCT’s Container Terminal at Port Said East Port…

Audex Inks 30-year Lease with AD Ports in UAE

Nov 16, 2022

AD Ports Group on Wednesday announced it has signed a land lease agreement for 30 years with Audex Pte Ltd a wholly owned subsidiary of PEC Ltd, an integrated project and maintenance solutions provider to the energy, petrochemical, terminal and pharmaceutical industries…

Yemen's Houthis Increase Pressure with Oil Port Attacks

Nov 10, 2022

Yemen's Houthi group is piling on pressure to extract economic gains in U.N.-led talks for an extended truce deal with attacks on oil ports in government-held areas, which officials say have disrupted crude exports, choking state revenues.Yemen's…

DP World to Invest Around $500 Million to Reduce CO2 Emissions

Nov 07, 2022

Dubai-owned ports giant DP World intends to invest around $500 million to reduce carbon dioxide emissions in its operations by 700,000 tonnes over the next five years, state news agency WAM reported on Monday, citing the company's chairman and CEO Sultan Ahmed Bin Sulayem…

DP World Taps Young Minds for New Global Trade Solutions

Nov 03, 2022

DP World recently opened its doors to students from the top universities in UAE and India to  reimagine global supply chains and create new technology-driven solutions in its first-ever innovation challenge, THE BIG TECH PROJECT.DP World challenged…

Svitzer Promotes Two Senior Leaders

Oct 27, 2022

Svitzer, the towage arm of Danish shipping giant A.P. Moller-Maersk, announced two senior leadership appointments: Kasper Karlsen as Global Chief Operating Officer and Deniz Kirdar True as Managing Director in the AMEA region.Karlsen has held different leadership positions in the A…

Abu Dhabi's AD Ports Raises $1B Before Market Debut

Feb 07, 2022

Abu Dhabi's AD Ports Group, owned by sovereign wealth fund ADQ, said it raised 4 billion dirhams ($1.1 billion) in proceeds from its primary issuance and would list its shares on the bourse on Tuesday.AD Ports Group, which operates ports, logistics and industrial zones…

Abu Dhabi's Mugharraq Port Recognized as International Port Facility

Dec 06, 2021

Abu Dhabi's Mugharraq Port has been recognized as an international port facility under the provisions of the International Code for the Security of Ships and of Port Facilities (ISPS Code), AD Ports Group announced on Sunday.The port, located in the Al Dhafra region…

Logistics News

Built on the Rivers: Aimee Andres and the Expanding Role of America’s Inland Ports

Built on the Rivers: Aimee Andres and the Expanding Role of America’s Inland Ports

ICTSI Launches South Luzon Container Terminal

ICTSI Launches South Luzon Container Terminal

Bio-Methanol Gaining Traction as Alternative Fuel

Bio-Methanol Gaining Traction as Alternative Fuel

Los Angeles Largely Insulated from Iran war Disruptions

Los Angeles Largely Insulated from Iran war Disruptions

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