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UAE award refinery construction deal to Spain

Dubai - The United Arab Emirates’ Brooge Petroleum and Gas Investment Co has awarded a contract to Spain’s SENER engineering group to build a new oil refinery in Fujairah. The plant will produce fuel that complies with new international laws capping sulphur content in shipping


Seven of Stena Impero’s crew reach Dubai

Moscow - Seven of the 23 crew members of the British-flagged tanker Stena Impero that was seized by Iran in July reached Dubai on Thursday after Tehran agreed to their release, a Russian official said


Hormuz, shipping industry urges immediate action

Brussels - Following the seizure of the oil tanker “Stena Impero” on 19 July, the International Chamber of Shipping, the European Community Shipowners’ Associations and the Asian Shipowners’ Association urge immediate action by the international community


DP World to create a port in Indonesia

Dubai - United Arab Emirates’s DP World has announced it has signed two preliminary agreements with Indonesia’s leading conglomerate Maspion Group to create a 1.2 billion dollars container port

shipyard and offshore

New Saudi ships to be built in South Korea

Seoul - Saudi Arabian tanker giant Bahri is set to order very large crude oil carriers (VLCCs) from a large-scale shipyard being developed in the King Salman Complex by International Maritime Industries (IMI) at Ras Al-Khair, with the vessels being built at the dockyard of Hyundai Heavy Industries (HHI) in South Korea