The Expedition Market: Adventure Meets Comfort

Going on a cruise to unique destinations is an emerging trend amongst adventurous people.

Milaha's Annual Profit Rises by 10 Pct

milaha

Milaha closed 2018 with a 10% rise in its net profit. 

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Port of Fujairah Introduces Low Sulphur Bunkers

ships

The UAE-based Port of Fujairah has started offering the IMO 2020-compliant 0.5% sulphur bunker fuel oil.

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QTerminals, Milaha Inks Services Deal for Hamad Port

QTerminals, Milaha signing ceremony

QTerminals and Milaha signed a Terminal Services Agreement (TSA) for Hamad Port operations.

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Readers' Picks of the Week

Take a look at last week's most popular articles.

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ADNOC to Form LPG JV with Wanhua Petrochemical

Signing ceremony

ADNOC Logistics & Services eyes JV with China’s Wanhua Petrochemical to own and operate LPG tankers.

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DP World Expands with Purchase of UK's P&O Ferries

DP World acquires P&O Ferries

DP World acquired the pan-European logistics company P&O Ferries for a price of GBP 322 million (USD 421 million).

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Qatar Confirms Plans to Order Up to 60 LNG Carriers

LNG Carrier

Al-Kaabi, Qatar Petroleum CEO, confirmed Qatar's intentions to order up to 60 LNG carriers.

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Nakilat Grows Profit in 2018

Nakilat

Nakilat delivered a 5.3% increase in profit during the year ended December 31, 2018.

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Tanker Blackout Blocks Suez Canal Traffic

Suez Canal

The tanker was part of a northbound convoy of 21 vessels.

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Qatar Petroleum Pens 5-Year Supply Deal with Marubeni

Saad Sherida Al-Kaabi, President and CEO of Qatar Petroleum

Qatar Petroleum is to supply Marubeni Corp with 200,000 metric tons of light naphtha annually for five years.

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Yearly Volumes Surge at King Abdullah Port

Containers

King Abdullah Port concluded 2018 with an increase of 36% in its annual throughput with 2.3 million TEUs.

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Mawani Off to a Good Start with Major Developments

Port

Saudi Ports Authority entered the 2019 with a number of major developments taking place at its 9 ports.

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Bahri Dismisses Reports of Breaching Venezuela Sanctions

Bahri VLCC

Bahri dismissed reports that one of its very large crude carriers was breaching U.S. sanctions on Venezuela.

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Readers’ Picks of the Week

Shipping

Here are the most read stories of the previous week.

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Milaha Ups Its Stake in Nakilat

Abdulrahman Essa Al-Mannai, Milaha CEO

Qatar-based Milaha has increased its stake in major LNG shipping firm Nakilat.

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Non-Operating Activities Damage Bahri's Profit

VLCC Hilwah

Bahri's revenue surged in 4Q 2018, while net profit deflated due to a decrease in non-operating activities.

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DP World Handles 71 Mn TEU in 2018

dp-world-1024x683

DP World handled 71.4 million TEUs across its global portfolio of container terminals in the full year of 2018.

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Bigger Ships on the Horizon for Fujairah Terminals

CEO of Fujairah Terminals

Ahmed Al Mutawa, CEO of Fujairah Terminals, updates on the progress with expansion plans at the port.

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Milaha Launches Its 1st European Service

ceo-abdulrahman-essa-al-mannai

Qatar-based Milaha launches its first European service linking the Mediterranean and the Black Sea. 

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Readers' Picks of the Week

Here are the most read stories of the past week.

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SISCO, Mawani Ink MOU for Expansion of Jeddah Islamic Port

jeddah seaport

RSGT, a subsidiary of SISCO, and Saudi Ports Authority, sign MOU for further expansion of Jeddah Islamic Port.

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Abandoned Seafarers Facing Serious Mental Health Issues

Halani 1

8 Indian seafarers abandoned offshore Namibia suffering from fatigue and serious mental health problems.

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90 Pct of Tonnage Scrapped on South Asian Beaches

Shipbreaking

 A total of 744 large ocean-going commercial vessels were sold to the scrap yards in 2018.

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Trade War, Brexit Exerting Huge Pressure on Ocean Freight

Trump

The outcomes of US-China trade war & Brexit to have significant repercussions on the ocean freight industry.

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Qatar Unveils Plan to Order 60 LNG Carriers

LNG Carrier

Qatar plans to order 60 liquefied natural gas carriers.

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Aderco: Planing for Sulphur Cap Just Over a Month Away

ships

Baiwir sees additives as a continuous and effective solution to the cap and the smart way towards compliance.

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2020 Sulphur Cap Conundrum for Chemical Tankers

Tanker

IMO fuel deadline in 2020 is creating a dilemma for chemical tanker owners.

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