Qatar Gas Transport Company (Nakilat) has announced a net profit of QAR1.31 billion ($355 million) for the third quarter, up 3% over last year, thus underscoring its strong operational resilience in a dynamic global LNG shipping environment.
DP World has launched a new strategic shipping route linking Jebel Ali with Berbera Port in Somaliland. Operating every nine days, it enhances DP World’s global network and reinforces Berbera’s position as a key maritime gateway in East Africa.
Saudi Arabia marked a significant milestone in the maritime transport sector in 2025, with its national fleet recording a 32% growth compared to 2024.
Saudi national shipper Bahri has entered into an agreement with Saudi Iron & Steel (Hadeed) to explore potential co-operation in maritime transport sector to meet Hadeed’s operational and technical needs. The plan includes potential development and construction of new vessels tailored to Hadeed’s transport needs.