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News

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03
Sep 2021

The new $1.7 billion Bay Port at Haifa, which will be able to handle containerships of 18,000 TEUs or more, was officially opened this week.

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02
Sep 2021

​Qatar Petroleum’s Ras Laffan Port has become the first port in the Arabian Gulf to join the international Green Award network as an Incentive Provider for certified LNG carriers.

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01
Sep 2021

Sohar Port and Freezone has signed an agreement with Muscat-based Hormuz Marine to begin bunkering services from mid-September, reports Bloomberg.

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20
Aug 2021

Commodity trader and asset management company Montfort is to begin physical supply at Fujairah and Khor Fakkan from 1 September, with operations supported by two barges.

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18
Aug 2021

Prostar Capital has secured a new $280 million debt facility for the 7.4-million-barrel Fujairah Oil Terminal (FOT).

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18
Aug 2021

Bunker volumes at the Port of Fujairah totalled 690,339 cubic metres (cbm) in July, a 2.8% increase on June’s figures and the highest monthly total to date in 2021.

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02
Aug 2021

Phase III of the expansion of Brooge Energy’s facility at Fujairah would include the construction of a 25,000 barrels per day refinery for the production of low sulphur fuel oil.

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23
Jul 2021

Kuwait Oil Company has taken delivery of a new oil spill response vessel designed by Robert Allan Ltd.

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20
Jul 2021

The 666,164 cubic metres (cbm) of marine fuel sales at the Port of Fujairah in June was marginally down on the 667,818 cbm recorded in May.

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19
Jul 2021

Oman’s HYPORT Duqm green hydrogen project has signed a cooperation agreement with Uniper, which will see the energy company provide engineering services and negotiate an exclusive offtake agreement of green ammonia.

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