Doha - Qatar’s ports have delivered an impressive performance last year with all round growth in all the segments. The ports in the country achieved highest annual performance in containers, vessels and livestock segments in 2018
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Abu Dhabi - Eni has signed in Abu Dhabi two concession agreements for the acquisition of a 70% stake in two offshore oil exploration blocks
Tel Aviv - Israel’s Zim Integrated Shipping Services has signed an agreement with the 2M Alliance, the partnership between Maersk and MSC
Karachi - Pakistan and the Kingdom of Saudi Arabia have finalized the memorandum of understanding for the construction of multi-billion dollar Saudi Aramco oil refinery in Gwadar deep seaport city
Abu Dhabi - Saudi Aramco’s plan to set up and run petrol stations across the kingdom will help the world’s biggest crude exporter secure a long-term market for its oil barrels
Abu Dhabi -Leading integrated shipping, logistics and marine services provider GAC is opening a warehouse and open yard in the Middle East’s largest industrial zone and a subsidiary of Abu Dhabi Ports, Khalifa Industrial Zone Abu Dhabi (KIZAD)
New Delhi - India’s monthly oil imports from Iran plunged to their lowest in a year in November with Tehran dropping two places to become only the sixth biggest supplier
Abu Dhabi - Abu Dhabi National Oil Company has co-loaded liquefied petroleum gas, which is used for cooking and in vehicles, and propylene, a building block for petrochemicals, onto the same vessel as the company looks to lower freight costs
Vienna - OPEC and its allies are working towards a deal to reduce oil output by at least 1.3 million barrels per day, four sources said, adding that Russia’s resistance to a significant production cut was so far the main stumbling block
Los Angeles - Virgin Hyperloop One, the company that has developed a full scale hyperloop system, announced today that Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, has been elected as its new Chairman
Dubai - DP World, the port operator based in Dubai, has filed a lawsuit against the state-owned China Merchants Port Holding, about the controversial Terminal project in Djibouti
Beijing - China’s foreign trade jumped year-on-year to €3.4 trillion in the first 10 months of 2018. Imports surged 20.3 percent while exports grew by 12.6 percent
Abu Dhabi - Gulftainer, the UAE-based port operator, on Wednesday said it won a 50-year concession to operate and develop the Wilmington port in Delaware, USA, with a $600 million investment
Abu Dhabi - The capital of the United Arab Emirates Abu Dhabi could develop significant liquefied natural gas’ (LNG) export capacity by 2024, writes the English speaking UAE’s journal The National, quoting an analysis by Wood Mackenzie
Seoul - U.S. has said it will give eight importers some exemptions. South Korea says it can still import Iranian condensate.
Dubai - Students attending the government-organised rally in the capital Tehran, broadcast live by state television, burned the Stars and Stripes, an effigy of Uncle Sam and pictures of President Donald Trump outside the former embassy compound.
hanghai - More than 1,000 firms from 58 countries along the Belt and Road will attend the inaugural China International Import Expo (CIIE) to be held in Shanghai
Washington - U.S. Treasury Secretary Steven Mnuchin said on Friday that Belgian-based financial messaging service SWIFT could be hit with U.S. sanctions if it provides services to Iranian financial institutions that Washington blacklists.
London - Exports average 1.33 mbpd in first two weeks of Oct. Iran says its oil output fell slightly in September.
Dubai - According to a new report by The Boston Consulting Group (BCG), entitled “Will Middle Eastern Ports Continue to Succeed?”, ports across the region have enjoyed success by building high-quality infrastructure to serve the large cargo volumes flowing through the region