Middle East News

As Dubai prepares to resume maritime operations in anchorage areas, the Dubai Maritime City Authority (DMCA) is increasing the number of licensed bunker vessels to 12.

The Public Transport Agency has signed an agreement with ENOC for the supply of biodiesel to five traditional Abras run by private operators.

A vessel which received bunker fuel from an unlicensed barge has been banned from operating in UAE ports and waters for six months.

Ottawa-based Canada Business Holdings Inc. (CBH) is to go ahead with a structured investment in the project in the form of a London-based global fund which is open to interested investors.

The Israeli authorities want to see the closure of the refining facilities in Haifa Bay, as part of a drive to reduce environmental pollution.

 Non-Vessel Operating Common Carrier (NVOCC) CargoGulf is introducing a new Arab Gulf Indian Sub Continent (AGISC) liner service, providing a direct link between Pakistan and India and markets in the upper Arabian Gulf.

The agreements with the top three South Korean shipyards - Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries (HHI) and Samsung Heavy Industries (SHI) – mean that Qatar Petroleum has secured approximately 60% of the global LNG shipbuilding capacity through 2027 to  meet its LNG carrier fleet requirements.

The company is also relocating its Mumbai office to the Middle East hub ‘to build a more sustainable base for growth across the region’.

Saudi Aramco has reported a net income of $16.7 billion for the first quarter of 2020 and advises that it has taken steps to reduce its capital expenditure in 2020.

Bahrain-based Arab Shipbuilding & Repair Yard (ASRY) has completed a scrubber retrofit on an Aframax vessel within 29 days – and has over 12 retrofits currently planned across 2020.