Middle East

DGS Marine Advises Fixed Premium P&I Cover

  DGS Marine, a leading global P&I management provider and exclusive manager for the British European and Overseas (BE&O) P&I facility, has highlighted the benefits

Pipeline to Carry Water from Turkey to Cyprus

A transnational water pipeline is being built to provide a supply of fresh water from Turkey to Cyprus. MacArtney was contracted by AES and I4O to provide the underwater

UN RO-RO Attends Maritime Career Day

The 19th Annual Career Days organized by the Istanbul Technical University Maritime Faculty Career Club hosted UN RO-RO on November 18. UN RO-RO representatives

CMA CGM’s Seasonal Fruit Service Returns

The CMA CGM Group announced its Citrus Express seasonal service will start again in November. Spread over two rotations, this service enables to export citrus fruits

Oil Climbs above $79 on Speculation OPEC May Cut

Brent crude oil climbed above $79 a barrel on Wednesday on speculation OPEC may act to stabilise prices that have fallen by almost a third in five months when it meets next week.

India to Pay Iran $400m Frozen Oil Money This Week

India will soon pay a third tranche of $400 million to Iran ahead of a Nov. 24 deadline to an interim deal with six world powers that allows Tehran to recover part of its overseas frozen oil revenues,

Libya Hopes to Restart El Feel Oilfield Next Week

Libya hopes to restart oil production at the southwesterly El Feel field next week, a spokesman for the state National Oil Corp (NOC) said on Tuesday. NOC shut

Saudi Oil Policy Uncertainty Unleashes the Conspiracy Theorists

If Saudi Oil Minister Ali al Naimi wants to stop conspiracy theories spreading before a crucial OPEC meeting next week, it's too late. Naimi's intervention last

Oil Extends Slide as Traders Seek Fresh Leads on OPEC

Oil extended its slide on Tuesday as traders looked beyond price defense attempts by Russia and Venezuela and toward Saudi Arabia and OPEC for fresh leads on whether

First LNG Fuelled Tug for Middle East by Wärtsilä

  Drydocks World (DDW) based in Dubai, UAE, has contracted Wärtsilä to design and supply the propulsion and other equipment for a new harbour tug that will operate on liquefied natural gas (LNG).

Akmar Attends Career Day at Istanbul Technical University

The 19th Annual Career Days organized by Istanbul Technical University Maritime Faculty Career Club hosted Akmar Shipping on November 17. Akmar Shipping was

Drydocks World wins ADIPEC Awards

  Drydocks World and Maritime World, the international providers of maritime and offshore services to the shipping, oil, gas, and energy sectors have been awarded

Technip PMC Wins ADMA-OPCO Contract

Technip was awarded by Abu Dhabi Marine Operating Company (ADMA-OPCO) a contract for project management consultancy (PMC) services for the engineering, procurement

Iraqi Government Forces Close to Baiji Refinery

Iraqi government forces got within a kilometre (half a mile) of the country's biggest refinery on Friday, the closest they have come to breaking an Islamic State

Azeri Oil Exports Drop 1.9% from Jan-Oct 2014

Azerbaijan's oil exports fell 1.9 percent year-on-year in the first 10 months of 2014, a source at the State Customs Committee said on Friday, driven by declines at fields operated by BP.

Student Career Day Hosts Zenith Ship Management

The 19th Annual Career Days organized by the Istanbul Technical University Maritime Faculty Career Club hosted Zenith Ship Management, represented by personnel

UASC Selects Jotun Coatings for 11 New Containerships

As part of a $2.3 billion newbuilding program, United Arab Shipping Company (UASC) has reached an agreement with Jotun for the provision of antifouling coatings for 11 new container vessels.

Abu Dhabi Crude to Top Up Japan's SPR

State-run Japan Oil, Gas and Metals National Corp (JOGMEC) bought about 1.26 million barrels (200,000 kilolitres) of Abu Dhabi Das crude from Itochu Corp for the

Saudi Arabia to Double Natgas Output by 2030, No Exports Planned

Saudi Arabia, the world's top oil exporter, will double its natural gas output by 2030 but plans to keep all of it at home to fuel domestic growth, the country's oil minister said on Wednesday.

Pipeline from Libya's El Sharara Field Closed

A pipeline from Libya's El Sharara oil field has been closed but the reason is unclear, a spokesman for state-run National Oil Corp (NOC) said on Wednesday. The

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