Mosul - Iraq has issued a warrant for the arrest of the former governor of Nineveh on corruption charges after at least 90 people were killed in a ferry accident in the provincial capital Mosul.
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Houston - Saudi Aramco’s delayed initial public offering is sidelining grand North American expansion plans at its U.S. refining subsidiary Motiva Enterprises LLC, people familiar with the matter said, at a time when its rivals grew their market share
Baghdad - Iraq’s parliament voted on Sunday to sack the governor of Nineveh after an overloaded ferry capsized, killing at least 90 people.
Baghdad - Iraqi Prime Minister Adel Abdul Mahdi has formally requested that parliament sack Nineveh Governor Nawfal Hammadi al-Sultan after a river ferry accident that killed at least 90 people.
Dubai - This week, DP World announced a year-over-year revenue increase that would be large for any sector, and perhaps exceptionally large for ports. Worldwide, the global terminal operator saw revenues rise by 20%
Vienna - Iran hopes a new trade channel with Europe aimed at cushioning the blow of reimposed U.S. sanctions will be working within weeks, its deputy foreign minister said on Wednesday.
Brussels - The European Commission and the State of Qatar initialled today an aviation agreement, the first such agreement between the EU and a partner from the Gulf region
Dubai - United Arab Emirates’ National Oil Company Group said on Wednesday it had formed an alliance with state-run Indian Oil Company as part of the Dubai-based firm’s global expansion strategy
Dubai - The United Arab Emirates has eased a ban on the shipping of goods between it and Qatar enforced under a political and economic boycott of Doha, according to port circulars and an industry source
Dubai - The terminal and logistic company DP World has announced the acquisition of the holding company of P&O Ferries and P&O Ferrymasters (together P&O Ferries) for a purchase consideration of 322 million pounds, 421 million dollars
London - US sanctions on Iran have forced South Korea to look for alternative sources of condensates, thereby impacting tonne-mile demand, writes the research firm Drewry in its last report
Dubai - Dubai’s port operator DP World handled 71.4 million TEUs in 2018, with gross container volumes growing by 1.9% year-on-year. The United Arab Emirates handles 15 million TEUs, down 2.7% compared to 2017
London - Factory activity was at its weakest in years across much of the world during January, adding to worries trade tariffs, political uncertainty and cooling demand poses an increasing threat to global growth
Copenaghen - The international shipping association BIMCO calls for a stronger military and law enforcement against piracy
Muscat - Following last week’s order for two very large crude carriers (VLCC) placed with South Korean shipyard Daewoo Shipbuilding Marine Engineering (DSME), Oman Shipping Company is set on growing its fleet further
Geneva - Iran has discovered oil in the southwestern Abadan region for the first time, Oil Minister Bijan Zanganeh was quoted as saying by the Mehr news agency on Wednesday.
Basra - Begun in 1918 by British troops, Basra’s shipyard is surviving into old age with little maintenance, relying on its vintage machinery and the skill of its workers to keep going.
Berlin - Berlin has revoked Iranian airline Mahan’s right to operate in Germany, a senior government source told Reuters on Monday.
Ankara - Turkey is ready to take over security in Syria’s Manbij, President Tayyip Erdogan told U.S. President Donald Trump in a telephone call on Sunday.
London - Piracy increased on the world’s seas in 2018, with a marked rise in attacks against ships and crews around West Africa, the International Chamber of Commerce’s International Maritime Bureau’s (IMB) latest annual piracy report reveals