Nakilat, Maran Ventures expand their joint venture partnership with two additional LNG vessels.
Sustaining last year’s improved profitability in 2018 may prove challenging for container shipping companies.
High scrapping and market consolidation are expected to contribute to better returns for tanker owners.
Bahri reports a net income of SAR 800.3 million in 2017, down by 53.4% from the previous year’s SAR 1.7 billion.
2018 is not likely to be the turning point for the crude oil tanker market amid continued VLCC deliveries.
Milaha’s profit drops by 33.9% year-on-year, pressured by significant challenges in shipping sectors.
Djibouti cancelled DP World’s concession contract due to the recent poor performance of the DCT.
Nakilat recorded a net income of QAR 847.2 million in 2017, down from QAR 955.4 million posted a year earlier.
The consolidation drive in the container shipping sector through mergers and acquisitions to slow down in 2018.
DP World has launched new arbitration proceedings in London against the Government of Djibouti.
Djibouti terminated the concession contract with DP World for the operation of the Doraleh Container Terminal.
ITF sealed today a new framework agreement for seafarers with the Joint Negotiating Group.
BP expects the global energy mix to reach the most diverse point the world has ever seen by 2040.
Abu Dhabi Ports and Autoterminal revealed plans to jointly manage the RoRo/car terminal at Khalifa Port.
