Egypt expects a planned economic zone near the Suez Canal to eventually make up about a third of Egypt's economy, the country's investment minister said on Thursday.
Lamprell announced it has completed construction on jackup drilling rig Greatdrill Chaaru, delivering the rig to Greatship Global Energy Services Pte. Ltd.
Following an extensive evaluation protocol, the Kuwaiti Ministry of the interior has placed an order with Tampa Yacht Manufacturing LLC based in Florida – U.
Exxon Mobil Corp is in discussions with the government of Iraq to restructure oil agreements in a way that would help that country meet its near-term cash needs,
Unique Maritime Group (UMG) has appointed Rodney Mckechnie as the Managing Director for Unique Hydra, its office based in South Africa.
McKechnie is an executive
NewLead Holdings Ltd. announced today that it has entered into a Contract of Affreightment for one of its dry bulk vessels, the Panamax Newlead Markela, for the transportation,
As Israel loudly and publicly denounces Iran and its nuclear programme this week, the two countries are quietly tussling in a decades-old dispute over a secretive
The International Chamber of Shipping (ICS) says EU Member States must act urgently to prevent the loss of thousands more lives, as the humanitarian crisis in the
SGMF Membership - Uncovered: An interview with Samir Bailouni, Nakilat
The Society for Gas and Marine Fuel (SGMF) recently interviewed one of its members, Samir
Elcome International has signed a distribution agreement with Japan Radio Company (JRC) and its technology partner Alphatron Marine.
Under the agreement, the
Turkey has concluded a final deal with Russia's Gazprom that will cut the price of gas it buys from Russia by 10.25 percent, Energy Minister Taner Yildiz said on Friday.
Marine mutual liability insurer North P&I club has produced a quick reference guide on navigating EU and US sanctions while shipping goods in and out of Iran, the group announced today.
Triangle Marine Services and Marine Core & Charter host keel laying ceremony for two Aluminum Fast Offshore Support Vessels
UAE-based shipbuilder Triangle Marine
Brent crude oil futures surged 5 percent on Wednesday, after Saudi Arabia's oil minister said oil demand was growing and data showed Chinese factories were producing more than expected.
Rolls-Royce waterjets and MTU diesels to power 17 new patrol boats for the Qatar Coastguard
Rolls-Royce has secured a £15.8 million contract to supply Rolls-Royce
OPITO Announces Date for 2015 Safety and Competence Conference.
The “economics of safety at $50 oil” is the topic for this year’s OPITO Safety and Competence
Directional Coiled Tubing Drilling (DCTD) provider, AnTech Ltd, has launched its Saudi Arabian presence at its new premises in Al-Khobar.
A part of the company’s global growth strategy,
Abu Dhabi Ship Building Company will deliver three Baynunah warships to the United Arab Emirates Navy by 2016 and is in discussions with other buyers to sell more, its chief executive said on Monday.
Revenues from the Suez Canal stood at $434.8 million in January, the state news agency said on Saturday, down from $445.5 million in December.
An Egyptian court acquitted former oil minister Sameh Fahmy of charges of selling cheap gas to Israel and squandering public funds and threw out his 15-year jail sentence,