Saturday 4 July 2015
 
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shipping

Kurdistan stops oil transfers to Iraq's Somo

Iraq's semi-autonomous region of Kurdistan is shipping oil to the Turkish port of Ceyhan but has stopped transferring crude to Iraqi state oil firm Somo, two shipping sources told Reuters.   The susp

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Dubai among world's leading global maritime hubs

Dubai is poised to become one of the top seven leading maritime centres in the world over the next five years, according to a recent international survey conducted by Menon Business Economics Group. Menon Business Economics Group,

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Shipping industry leaders set for Dubai show

Top decision makers of the shipping and maritime industries from across the Middle East and Indian subcontinent will be in Dubai, UAE, to attend The Maritime Standard Awards (TMS Awards) 2015, a high-profile annual awards gala dinner, which reco

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Bahri hopes to issue $1bn sukuk this quarter

National Shipping Company of Saudi Arabia (Bahri) plans to make a debut sukuk issue worth up to SR3.9 billion ($1.04 billion) this quarter, the company's vice chief executive officer for finance Mohammad Alotaibi said. "H

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New Oman-Iran shipping route to be set up

The chambers of commerce of Iran and Oman along with an Iranian private sector shipping company have signed a deal to form a new shipping route next month between the Sultanate’s Sohar Port and Iran’s souther port of Shahid Rajae, ac

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Qatar's Nakilat Q1 profit rises 7.7 pc

Qatar Gas Transport Company (Nakilat), one of the world's largest shippers of liquefied natural gas, posted a 7.7 per cent rise in first-quarter net profit on Sunday. The company made a net profit of QR222.4 million ($61.1 mil

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Qatar's Nakilat Q1 profit rises 7.7 pc

Qatar Gas Transport Company (Nakilat), one of the world's largest shippers of liquefied natural gas, posted a 7.7 per cent rise in first-quarter net profit on Sunday. The company made a net profit of QR222.4 million ($61.1 mil

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Bahri confirms Q1 net profit doubles

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Aramco, said its first-quarter net profit more than doubled, broadly reaffirming the estimated earnings issued last week. The company's net profi

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Qatar shipper eyes combining tanker business with UAE firm

Shipping firm Qatar Navigation said it was initiating talks with UAE-based United Arab Chemical Carriers on a possible combination of their product and chemical tanker businesses.   Qatar Navigation, also known a

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Qatar shipper eyes combining tanker business with UAE firm

Shipping firm Qatar Navigation said it was initiating talks with UAE-based United Arab Chemical Carriers on a possible combination of their product and chemical tanker businesses.   Qatar Navigation, also known a

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