Middle East

ASRY to Build New Landing Craft for Bahrain Coast Guard

29th June, 2015

ASRY has signed an agreement with the Bahrain Coast Guard to design and construct a new Landing Craft for the transport of vehicles, potable water, an. . Read More

UASC Launches North Europe–US East Coast Services

2nd June, 2015

United Arab Shipping Company (UASC), a leading container shipping line recently announced the launch of a North Europe–US East Coast (NEU1) service.. . Read More

Libyan Air Force Bombs Oil Tanker Off Its Coast

25th May, 2015

Libyan air force on Sunday bombed a vessel off the Libyan coast on suspicion of carrying arms and ammunition to terrorist groups, injuring some of its. . Read More

5 VLCC’s to be built by Bahri at Hyundai Samho Heavy Industries

25th May, 2015

Bahri, The National Shipping Company of Saudi Arabia has signed an agreement to build five VLCC’s and an additional five more optional VlCC’s with. . Read More

Alam Maritim Registers Lower Profits for First Quarter 2015

25th May, 2015

Alam Maritim Resources has reported a net profit of RM 8.59 million for the first quarter ended March 31, 2015 which is down by 45% against RM 15.59 m. . Read More

Uncertainty Over VLCC Rates from Middle East to Asia

25th May, 2015

Brokers were of the opinion that rates for very large crude carriers (VLCCs) on key Asian routes from the Middle East would face some uncertainty next. . Read More

Iran to Up Natural Gas Production to One bcm Per Day by 2020

22nd May, 2015

In a meeting with gas industry contractors, Hamid Reza Araqi, Managing Director of the National Iranian Gas Company disclosed that Iran had plans to i. . Read More

Yemen: Alliance Accused of Cluster Bomb Use

4th May, 2015

The international monitoring group Human Rights Watch (HRW) said the Saudi-led coalition attacking Yemen had probably used cluster bombs which are ban. . Read More

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