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Middle East

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

Tomini Shipping gains Norwegian listing

Tomini Shipping has its sights set on fleet expansion as it gains listing

Dry Bulk Finance

Qatar’s emerging cluster wants to be taken very seriously

The lasting impression from this first Maritime and Logistics Summit is that Qatar has developed a regional presence that shows every likelihood of pushing out beyond the Middle East

Ports and Logistics Finance

Ships poised for new CO2 measures in 2022

Once again, the IMO will discuss measures to reduce carbon intensity for ships next month, with proposals indicating that ships will have to start complying with at least one new piece of red tape in 2023

Japan Norway

Qatar delays LNG expansion plans

A delay should reduce near-term contracting competition for US projects, Stifel noted

Qatar Tankers and Gas

Nakilat posts highest-yet net profit in 2019

The chairman cited favourable market conditions accompanied by business diversification and resource optimisation that helped to elevate the company to new heights

Qatar Tankers and Gas

DP World delisting addresses investor disconnect, but debt action and deleveraging is demanded

The path back to full state ownership will see DP World take on an additional $8.1bn in debt as Dubai continues to feel the repercussions of the emirate’s 2009 debt crisis

United Arab Emirates Ports and Logistics

Gabon deflags Iranian tanker

Large gaps in a tanker’s automatic identification signal in areas and over periods where it could have called in Iranian waters remain unaccounted for. Its flag registry has decided to de-flag the vessel

Middle East and Africa Iran
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Africa

Set Alert for Lloyd's List Regions :: Africa

Tanker at centre of Venezuela power struggle over crude cargo sails

Tanker has discharged crude cargo at Jose offshore terminal and left the port, switching off AIS

Venezuela Namibia

Rising long-haul trades ‘turn tanker demand positive’ in 2020

Shipbroker Braemar ACM forecasts rising longer-haul voyages to Asia to offset coronavirus-led falls in demand growth

Venezuela Namibia

Maersk Tema crew safe following pirate attack off Guinea

Latest attack highlights growing security risk in the waters off Nigeria

Guinea Piracy and Security

ICS calls for action after 50% spike in Gulf of Guinea kidnappings

ICS has welcomed Nigerian initiatives, but said ‘now is the time to see real results’

Middle East and Africa Piracy and Security

Cosco VLCCs attract charterer interest after sanctions lifted

CNOOC provisionally agreed a rate of Worldscale 45 to load 260,000 tonnes of crude on Cosrising Lake from West Africa to China

Tankers and Gas Sanctions

Libya crude exports stall as port blockade enters second week

Some 940,000 bpd has been removed from the market while Libyan exports remain paralysed for a second consecutive week as eastern military commander General Haftar Khalifa maintains his blockade on ports under his control

Middle East and Africa Libya

FSO off Yemen presents explosion threat

‘The risk of explosion increases by the day, and if that were to happen, not only would it damage or sink any ships in the vicinity, but it would create an environmental crisis roughly four and a half times the size of the Exxon Valdez oil spill,’ the report says

Yemen Tankers and Gas

West African pirates hijacking larger vessels to maximise ransom returns

West African gangs are extracting $30,000 to $50,000 per kidnapped crew member from insurance companies

Middle East and Africa Piracy and Security

Libyan crude exports paralysis deals blow to aframax tankers

Some 940,000 barrels per day of crude oil have been temporarily removed from the global market as shipments remain blocked at export terminals

Tankers and Gas Middle East and Africa
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