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Middle East & Africa

Set Alert for Lloyd's List Regional :: Middle East

US Treasury settles Iran sanctions violations with freight forwarder

American Export Lines agrees to pay $518,063 for transhipping used cars and car parts via Iran

North America United States

China Merchants Port issues $150m loan to develop Djibouti facilities

Loan with one-year maturity will be made to Djibouti Asset Company
Asia Pacific Hong Kong

Topaz half-year slides into the red

Revenue tumbles by a fifth as low fleet utilisation hits MENA and Africa regions

Middle East and Africa Europe

Baltic LPG index rebounds on uptick in gas carrier trades

Middle East Gulf to Japan VLGC spot rates appear to have bottomed out for now

Asia Pacific Middle East and Africa

Cheap VLCCs cannibalise smaller crude tanker trades

With suezmax rates near bottom, VLCC competition just makes things worse

International Middle East and Africa

Spot LNG freight rates hit a ceiling at $43,000 per day

Egypt’s plan to import fewer cargoes may hurt LNG vessel demand

International Middle East and Africa

Busier West African market fails to stem VLCC losses

Baltic very large crude carrier benchmark rates lowest since October 2014

Middle East and Africa Tankers and Gas

Gulf Navigation net profit boosted by liability writebacks

Management continues to negotiate with counterparties, secure covenant waivers, address the working capital shortfall, and clear legacy losses

Middle East and Africa United Arab Emirates

Seafarers under threat despite MLC gains

Experts argue that MLC does not go far enough to protect crew

Middle East and Africa Ince and co
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