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middle-east

shipping

Unifeeder acquires the Feedertech Group

Aarhus (Denmark) - Denmark’s Unifeeder, part of the United Arab Emirates’s global port operator DP World, has acquired a 77% stake in The Feedertech Group, a Singapore-based feeder and shortsea operator

oil and energy

Saudi Arabia approves listing of Aramco

Riyadh - Saudi regulators on Sunday approved state energy giant Aramco’s request to make its stock market debut, firing the starting gun on the highly anticipated offering which could be the world’s largest. The announcement paves the way for a domestic stock listing of Aramco

ports

Umm Qasr capacity upgrade completed

Basra - Global terminal operator International Container Terminal Services Inc. (ICTSI) has inaugurated two new berths at the Iraqi port of Umm Qasr. The additional capacity allows the port to handle 14,000 teu capacity container vessels for the first time

finance and politics

Lebanese government faces calls to resign

Beirut - The Lebanese government faced calls to resign Thursday after thousands of furious demonstrators took to the streets across the country to protest dire economic conditions. Public anger has simmered since parliament passed an austerity budget in July to help trim a ballooning deficit

shipping

Iran decries “cowardly attack” on oil tanker

Dubai - An Iranian government spokesman on Saturday described as a “cowardly attack” an incident that Iranian media have called the apparent targeting by missiles of an Iranian-owned oil tanker

road rail air transport

Abu Dhabi Airports: a MoU with Beijing Daxing

Beijing - In the presence of His Excellency Sheikh Mohammad Bin Hamad Bin Tahnoon Al Nahyan, Chairman of Abu Dhabi Airports, Bryan Thompson, Chief Executive Officer of Abu Dhabi Airports, has signed a Memorandum of Understanding (MoU) with Yao Yabo, President of Beijing Daxing International Airport

shipping

DP World becomes a full logistic operator in Peru

Dubai - United Arab Emirates’s port operator DP World, has hailed the results of its operations in Peru, where it has evolved in two years from a greenfield terminal into a fully integrated maritime and logistics hub for South America

shipping

Iran says detention of British tanker lifted

Dubai - Iran’s foreign ministry said a detention order on the British-flagged tanker Stena Impero was lifted on Wednesday, but added that an investigation into the vessel was ongoing

markets

Qatar Petroleum and Shell in LNG venture

Dubai - Qatar Petroleum and Shell agreed to establish a partnership to accelerate the development of liquified natural gas (LNG) fuelling infrastructure around the world

shipping

Fire breaks out on tanker in Norway

Oslo - A fire onboard an oil tanker at Norway’s Sture crude export terminal broke out in the engine room of the Dubai Harmony tanker during loading at the Equinor oil terminal on Norway’s west coast