Persian Gulf News

27 Aug 2019

RVC Line Charter for Suzuka Express

Image: Vroon

Dutch shipping company Vroon entered recently into a three-to-six time charter deal with Dubai-based RVC Shipping for Suzuka Express, a car carrier.RVC Line is a car-carrier service from Mumbai to the Persian Gulf. It is the first dedicated PCTC (pure car and truck carrier) service catering for Indian Automobile manufacturers."RVC Line’s main objective is Schedule Integrity, with the service designed to ensure sailings are on time, every time," claimed a press release from VroonUsually a vessel will sail on slow speed, around 13 knots.

21 Aug 2019

Gulf Marine CEO Quits in wake of Profit Warning

A Gulf Marine Services Jack Up unit (CREDIT: GMS)

Gulf Marine Services said on Wednesday Chief Executive Officer Duncan Anderson has resigned as the oilfield industry contractor warned a reassessment of its ships and contracts showed profit would fall this year, kicking its shares 12% down.The Abu Dhabi-based offshore services specialist said a review by new finance chief Stephen Kersley of its large E-class vessels operating in Northwest Europe and the Middle East pointed to 2019 core earnings of between $45 million and $48 million…

21 Aug 2019

Iran: Waterways Won't be Safe if its Oil Exports

A US Navy fleet oiler on station. CREDIT: USN

If Iran's oil exports are cut to zero, international waterways will not have the same security as before, its president said on Wednesday, cautioning Washington against upping pressure on Tehran in an angry confrontation between the longtime foes.The comment by President Hassan Rouhani coincided with a remark by Iranian Foreign Minister Mohammad Javad Zarif that Tehran might act "unpredictably" in response to "unpredictable" U.S. policies under President Donald Trump."World powers know that in the case that oil is completely sanctioned and Iran's oil exports are brought down to zero…

09 Aug 2019

MSCI Advisory Strait of Hormuz Precautions

This revised advisory cancels U.S. Maritime Advisories 2019-004 and 2019-008.1. References: U.S. Maritime Alerts 2019-004A, 2019-003A, 2019-002A, and 2019-001A.2. Issue: Heightened military activity and increased political tensions in this region continue to pose serious threats to commercial vessels. Associated with these threats is a potential for miscalculation or misidentification that could lead to aggressive actions. Vessels operating in the Persian Gulf, Strait of Hormuz, and Gulf of Oman may also encounter GPS interference, bridge-to-bridge communications spoofing, and/or other communications jamming with little to no warning.Since May 2019, the following maritime incidents have occurred in this region:Six attacks against commercial vessels (see U.S.

06 Aug 2019

Khorramshahr Port Throughput Rises

Image: Ports & Maritime Organization

Iran's Khorramshahr Port registered a growth of 59% in general cargo loading operation during the last four months."More than 738,483 tons of non-oil goods were loaded in the port of Khorramshahr, which shows an increase of 59% compared to the same period last year," said Nourollah Asadi, Managing Director of Khorramshahr Port and Maritime.Referring to the major export commodities from Khorramshahr Port, he said that Metals, Building Materials, Minerals, Animal Products, Household Appliances…

30 Jul 2019

Rivals Iran and UAE to Hold Maritime Security Talks

© Vladimirs Ozolins / Adobe Stock

Iran was to revive maritime security talks on Tuesday with traditional foe the United Arab Emirates (UAE) in an apparent bid to calm tensions in the Gulf, although a Gulf official described the discussions as routine and technical.The talks follow weeks of heightened political friction around the strategic waterway stemming from hostility between between Tehran and Washington, the main Western ally of Gulf Arab states long wary of the Islamic Republic.The discussions had been off since 2013…

24 Jul 2019

Chabahar Port Signs 11 Investment Contracts

Photo: Ports & Maritime Organization

Chabahar Port, the seaport located in southeastern Iran, on the Gulf of Oman, has signed 11 investment contracts.Considering this, it is expected that by the end of this year significant investments will be made in this port,  said the Director General of Ports and Maritime of Sistan and Baluchestan, Behrouz Aghaei.Aghaei added that 12 companies have already invested in Chabahar port.Due to the increase in annual loading and unloading capacity of Chabahar port, the port offers great investment opportunities…

24 Jul 2019

Suez Canal Accounts for 8% of LNG Trade

Map: Energy Information Administration

Total oil flows through the Suez Canal and the SUMED pipeline accounted for about 9% of total seaborne traded petroleum in 2017, and LNG flows through the Suez Canal and the SUMED pipeline accounted for about 8% of global LNG trade."The Suez Canal and the SUMED Pipeline are strategic routes for Persian Gulf crude oil, petroleum products, and LNG shipments to Europe and North America," U.S. Energy Information Administration (EIA) said.Located in Egypt, the Suez Canal connects the Red Sea with the Mediterranean Sea…

23 Jul 2019

France, Germany, Britain Working on Maritime "Observation" Mission in Gulf: Le Drian

Foreign Minister Jean-Yves Le Drian (Photo courtesy of France Diplomatie)

Foreign Minister Jean-Yves Le Drian said France was working with European capitals to improve maritime security in the Persian Gulf but stopped short of backing Britain's call for a naval mission to ensure safe shipping in the region.Jean-Yves Le Drian on Tuesday told lawmakers a de-escalation of tensions was needed several days after Iran seized a British-flagged tanker in the Strait of Hormuz in what London said was an act of "state piracy"."This is why we are setting up a European initiative…

19 Jul 2019

Iran Denies Drone Loss, Gibraltar to Detain Grace 1 longer

The 'Grace 1' will remain in detention until at least August 15th. Image credit: MarineTraffic.com

Iran on Friday denied President Donald Trump's assertion that the U.S. Navy has destroyed one of its drones, saying all of its unmanned planes were accounted for, amid growing international concern that both sides could blunder into a war in the Gulf.In the latest episode to test nerves around the strategic waterway, Trump said on Thursday the drone had flown to within 1,000 yards (914 metres) of the U.S. warship Boxer in a "provocative and hostile action" and had ignored several…

18 Jul 2019

Indian Warships Staying in PG, Won't Join U.S. Coalition

A US Navy oiler underway and engaged in unrep operations. (CREDIT: Nicholas Burgaines)

Indian warships escorting merchant vessels in the Persian Gulf will remain deployed for the longer term, officials with direct knowledge of the matter said, as tensions between Iran and Western powers rise.But the two ships, backed by surveillance aircraft, will not be part of a military coalition that the United States is assembling to safeguard the waters off Iran near the Straits of Hormuz, through which a fifth of the world's oil moves, the two officials said.Since June following attacks on tankers that the United States blamed on Iran and Iran-aligned fighters…

18 Jul 2019

Revolutionary Guards Seize Oil Tanker in Gulf

Iran has seized a foreign tanker smuggling fuel in the Gulf, state television quoted Iran's Revolutionary Guards as saying on Thursday."A foreign vessel smuggling one million litres of fuel in the Larak Island of the Persian Gulf has been seized," the station said, adding that the ship was seized on Sunday.The Revolutionary Guards said the impounded vessel - which Iranian authorities have not yet named - was the same one it towed after it sent a distress call."The vessel that Iran towed to its waters after receiving a distress call, was later seized with the order from the court as we found out that it was smuggling fuel," the Guards said in a statement quoted by state television.The Guards said they had seized no other ship in the Gulf.Iranian navy vessels came to the assistance of a disa

05 Jul 2019

Maersk, Major Shippers Hike Gulf-bound Box Rates

File Image: Maersk

A.P.

20 Jun 2019

Navy: India deploys ships in Gulf of Oman

© jpgon/AdobeStock

India's navy has deployed two ships in the Gulf of Oman to ensure safe passage for Indian-flagged vessels, the country's defense ministry said late on Thursday, a week after two oil tankers were attacked in the region.The United States has blamed Iran for the attacks on a Norwegian-owned and a Japanese-owned tanker, raising concerns about further U.S.-Iranian confrontation. Tehran has denied the allegation.Indian naval ships named Chennai and Sunayna have been "deployed in the Gulf of Oman and Persian Gulf to undertake maritime security operations…

17 Jun 2019

Iran: If Strait of Hormuz to be Blocked, it will do it "publicly"

Iran's military denied on Monday being behind attacks on oil tankers in the Gulf of Oman last week, and said if it decided to block Strait of Hormuz, a vital gateway in the Gulf for the oil industry, it will do it publicly.Iran’s Armed Forces Chief of Staff, Major General Mohammad Baqeri was quoted as saying by Fars news agency: "Regarding the new incidents in the Persian Gulf... if the Islamic Republic of Iran decides to block exports of oil through the Strait of Hormuz, it is militarily strong enough to do that fully and publicly."Reporting by Bozorgmehr Sharafedin

16 Jun 2019

Frontline Updates on Damaged LR2 Tanker

Pic: Frontline

John Fredriksen's tanker shipping company Frontline has provided an update on the LR2 tanker Front Altair. Vessel Front Altair was among two ships attacked off the coast of Fujairah in the Gulf of Oman."On the morning of June 13, at approximately 0500 hrs gmt, an explosion occurred on the Front Altair shortly after the vessel had passed through the Strait of Hormuz in the Persian Gulf," it said.Most importantly, the 23 crew members onboard the Front Altair are unharmed after being…

23 May 2019

Iran, Iraq to Dredge Arvand river

Image: Ports & Maritime Organization

Iran and Iraq have agreed to solve the issue of dredging of Arvand River (Shatt al-Arab) in Iranian southwestern city of Khorramshahr in Khouzestan.Based on the agreement reached, it was decided to establish a temporary technical committee with the aim of providing the preconditions for joint dredging of Arvand River, said Fars News Agency."It is expected that more technical meetings with Iran and Iraq experts will be held for dredging operations at Arvand river in the upcoming ten days…

14 May 2019

Oil Price Risks Rise

Image: Saudi Aramco

Supply disruptions in the Middle East on top of an already tight crude market could send oil prices violently upward, said the energy research firm Rystad Energy.Two Saudi Arabian oil tankers were reportedly attacked off the coast of the United Arab Emirates this weekend, sending crude futures up sharply May 13.Bjørnar Tonhaugen, Head of Oil Market Research at Rystad Energy, says: “In the short term, the perceived risk of supply disruptions from the area will only add to the premium of short-dated oil contracts compared to deferred contracts on the futures curve…

10 May 2019

U.S. Warns Merchant Ships of Iranian Threat

File Image: A U.S. Naval vessel on patrol (CREDIT: U.S. Navy)

U.S. commercial ships including oil tankers sailing through key Middle East waterways could be targeted by Iran in one of the threats to U.S. interests posed by Tehran, the U.S. Maritime Administration said in an advisory.The U.S. military said this week that a number of B-52 bombers would be part of additional forces being sent to the Middle East to counter what the Trump administration calls "clear indications" of threats from Iran to U.S. forces there. The Islamic Republic has dismissed the U.S. contention of a threat as "fake intelligence".In the advisory posted on Thursday, the U.S.

22 Apr 2019

GDI in Drilling Services Contract with NOC

Image: North Oil Company

Gulf Drilling International (GDI) has signed a three-year contract with North Oil Company (NOC) to provide drilling services through the drilling rig Dukhan for NOC’s extensive development programmes in Al Shaheen oil field.The Al Shaheen Oil Field is a production oil and gas field off the north east coast of Qatar in the Persian Gulf, 80 kilometres north of Doha.The subsidiary of Gulf International Services (GIS) said in a press release that the signing ceremony was attended by GDI’s Chief Executive officer William Ceppi and NOC’s Chief Executive Officer Jacques Azibert.

26 Dec 2018

U.S. Navy Carrier Group Enters the Gulf

The guided-missile destroyer USS Mitscher (DDG 57), left, the dry cargo and ammunition ship USNS Charles Drew (T-AKE 10), the fleet replenishment oiler USNS Guadalupe (T-AO 300), and the guided-missile cruiser USS Mobile Bay (CG 53) transit the Strait of Hormuz, Dec. 21, 2018. The John C. Stennis Carrier Strike Group is deployed to the U.S. 5th Fleet area of operations in support of naval operations to ensure maritime stability and security in the Central Region, connecting the Mediterranean and

Iran says ready to respond, but U.S. aircraft carrier no threatIran is ready to respond to any hostile U.S. action, but it does not consider the arrival of a U.S. aircraft carrier in the Gulf last week a significant threat, an Iranian navy commander said on Monday.The USS John C. Stennis entered the Gulf on Friday, ending a long absence of U.S. aircraft carriers in the region as tensions rise between Tehran and Washington."The presence of this warship is insignificant to us,"…

24 Dec 2018

Iran Ready to Respond, but U.S. Aircraft Carrier no Threat

Iran said on Monday it was ready to respond to any hostile U.S. action, but it did not consider the arrival of a U.S. aircraft carrier in the Gulf last week as a significant threat.The USS John C. Stennis entered the Gulf on Friday, ending a long absence of U.S. aircraft carriers in the region as tensions rise between Tehran and Washington."The presence of this warship is insignificant to us," Iran's Navy commander Habibollah Sayyari was quoted as saying by the semi-official ISNA news agency."We will not allow this warship to come near our territorial waters in the Persian Gulf," he added.Sayyari said the U.S. navy was allowed to sail in international waters near Iran, just as the Iranian navy could sail in the Atlantic Ocean near U.S.

30 Jul 2018

USS Doyle Sails to the Scrapyard

USS Doyle (FFG-39) has concluded her final voyage from Philadelphia to New Orleans, where she will now be disassembled and recycled. (Photo: EMR)

The decommissioned USS Doyle (FFG-39) has concluded her final voyage from Philadelphia to New Orleans, where she will now be disassembled and recycled after 28 years of service in the U.S. Navy.The retired 4,050-ton Oliver Hazard Perry-class frigate will be dismantled by Southern Recycling, part of EMR. Work to recycle the 453-foot-long and 47-foot-wide vessel will take approximately six months to complete.The decommissioned USS Doyle, also nicknamed the Valiant Mariner, was the 30th vessel to be constructed in her class and received her namesake from Vice Admiral James Henry Doyle…

Maritime Reporter Magazine Cover Aug 2019 - The Shipyard Edition

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