The container terminal in Beirut sustained only minor damages and has restarted its operations, German shipping major Hapag-Lloyd said in an update.
Chief executive officer (CEO) of Saudi Arabian oil and gas giant Saudi Aramco has stated that the company would be pressing ahead with its plan to boost output capacity regardless of massive profit drop in 2Q 2020.
Lebanese authorities detained 16 Beirut port staff members on Thursday, while over a dozen other workers were questioned as part of an investigation into the deadly blast that rocked Lebanon’s capital on Tuesday, Reuters reports. The investigation, being carried out under the supervision of the Leba
French container shipping company CMA CGM, which has deep roots in Lebanon, has launched an emergency plan to conduct a thorough health and safety assessment of its 261 staff members based in Beirut, following the deadly explosion that wreaked havoc across Lebanon’s capital. “At this stage, the prel
A massive explosion occurred on Tuesday, August 4 in the vicinity of the Beirut Port Complex, wreaking havoc across the city and killing dozens of people. Footage from social media shows a massive blast wave sweeping across the city, severely damaging nearby buildings. The death toll which currently
GMS has completed its first well intervention workscope using the company’s cantilever workover system, installed on the self-propelled vessel GMS Evolution.
Dubai-based port and terminal operator DP World recorded a slight decrease in container throughput in the first half of 2020, despite negative COVID-19 effects.
Qatari LNG shipping giant Nakilat has taken over full ship management and operations of Q-Max LNG carrier Al Samriya on Monday.
Dutch Fugro has completed the first phase of its offshore site investigation for Qatargas’ North Field production sustainability’s compression phase. The fieldwork started in March, and the phase one marks completion of the geophysical scope. The geotechnical scope in phase two should run until Augu
Cyberattacks on the maritime industry’s operational technology systems have increased by 900% over the last three years with the number of reported incidents set to reach record volumes by year-end, according to Israeli cybersecurity specialist Naval Dome. Addressing port and terminal operators duri
The Organization of the Petroleum Exporting Countries and its allies, also known as OPEC+, have agreed to curb oil supply from August as the global economy recovers from the COVID-19 pandemic.
OPEC, Russia, and other oil producers are set to meet on Wednesday to decide on the oil output policy from August onward.
Qatari LNG shipping giant Nakilat continued the fleet management transition from Shell’s trading and shipping unit.
The worldwide offshore rig count in June 2020 dropped by 65 rigs year-over-year and 2 rigs sequentially, according to a report by Baker Hughes.
