Wednesday 19 June 2013
 
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Gulf Maritime

High oil prices 'to boost oil tanker sales'

With the price of oil expected to remain above $100 per barrel in 2012-13 suppliers are encouraged to invest more in oil tankers and maintain their vessels in good condition to make the most of prevailing market conditions, said an expert.

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GCC to pump in $15bn for port expansion

The GCC countries will invest $15 billion towards expansion of their ports in the next five years, said maritime experts at a major conference in Sharjah. The 'Gulf Maritime and the Mastech International Marine and Technical Conference,' w

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