Middle East Shipping News - Middle Eastern Maritime Offshore & Shipping Updates - (original) (raw)
PXGEO signs Equinor deal for autonomous subsea inspection trials
Marine seismic specialist PXGEO has signed a one-year framework agreement with Norwegian major Equinor to run autonomous inspection trials with…
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Lohmann exits container shipping with sale of final feeder pair to Lila Global
German shipowner Hermann Lohmann Bereederung has sold its last two container vessels, the 1,368 teu ice-class sister ships Marina L…
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Maritime crackdown expands from Hormuz to the Med
US forces disabled a VLCC in the Gulf of Oman yesterday after the vessel attempted to breach Washington’s naval blockade…
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Suez Canal to impose steeper transit charges from mid-July
The Suez Canal Authority (SCA) is raising additional transit surcharges for most vessel classes from July 15, increasing costs for…
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Houthis enter the fray as Israel and Iran trade missiles
Middle East tensions have escalated sharply after Israel launched strikes against Iran, triggering fresh concerns for global shipping markets already…
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BGN doubles down on LPG shipping with pair of HD Hyundai VLGCs
Energy trader BGN has returned to South Korea for another round of VLGC ordering, signing a contract with HD Hyundai…
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Safeen Subsea lands offshore installation contract
AD Ports Group’s Safeen Subsea has won a contract to install sleepers, riser clamps, and risers for an undisclosed offshore…
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Splash Wrap: The magnetism of Posidonia
Posidonia, the world’s most famous shipping exhibition, opened its doors in Athens with record participation and a near constant on…
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Conrad secures jackup for Indonesia gas field development
Singapore-based natural gas exploration and development company Conrad Asia Energy has signed a binding contract with Pertamina Drilling to provide…
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Abu Dhabi shipbuilder lands record $354m vessel construction haul
Safeen Drydocks has secured vessel construction contracts worth AED1.3bn ($354m), the largest awards in the company’s history and a major…
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Marinakis: Shipping would be better off paying a Hormuz fee
One of the shipping industry’s most outspoken figures has suggested owners would have been better off paying a transit fee…
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AD Ports makes biggest-ever acquisition with $835m Brazil agri-bulk deal
AD Ports Group has entered the South American market with its largest acquisition to date, agreeing to buy Brazilian agri-bulk…
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US fires Hellfire into engine room of VLCC heading for Kharg Island
A fragile ceasefire between Washington and Tehran came close to breaking point on Wednesday after the US Navy fired a…
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Contract suspensions and insurance spikes pressure Gulf offshore market
A combination of contract terminations, spiralling insurance costs and the threat to EPC projects is creating a complex combination of…
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MSC boxship damaged in blast off Iraq
A Mediterranean Shipping Co (MSC) containership has been damaged by an explosion near Iraq’s Umm Qasr port in an incident…
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ZIM selects new CEO with Hapag-Lloyd deal still pending
Israeli liner operator ZIM has appointed Chen Lichtenstein as its next president and chief executive officer, handing the top job…
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Suspected mine spotted in Omani waters near Hormuz
A floating object suspected to be a naval mine has been sighted in Omani territorial waters near the Strait of…
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Eldorado Drilling to acquire Vantage Drilling in $257m deal
Offshore drilling contractor Vantage Drilling has entered into an agreement and plan of merger with Neil Hall-led Eldorado Drilling. Under…
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Splash Wrap: And so to Athens
The Hormuz shipping crisis – now closing in on 100 days – showed little sign of coming to an end…
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Hormuz crisis enters dangerous new phase
The Hormuz shipping crisis is approaching its 100th day with no resolution in sight and the situation deteriorating sharply in…
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