Saturday 6 February 2016
 
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Iranian oil tanker leaves sea storage fleet for China

An Iranian oil tanker sailed from Iran headed for China, becoming the second ship in days to be despatched from the country's floating storage fleet, Reuters ship tracking showed on Thursday.   The Sinopa tan

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Red Sea Foundation to drive growth in regional trade

King Abdullah Economic City (KAEC) has formed a non-profit policy think tank, the Red Sea Foundation, to raise awareness of the region's potential and advocate the necessary policy initiatives to drive development.  

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BP's LNG shipment highlights Egypt's payment struggle

BP's diversion of a tanker of liquefied natural gas (LNG) away from Egypt due to payment issues is the first sign that the country's currency crisis could be jeopardising its energy supplies, traders said.  

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Rise in sea level ‘a threat to Bahrain’

An expected rise in sea level caused by climate change will submerge many of Bahrain’s low-lying coastal areas, warned a top official. The Middle East will also experience more frequent extreme weather conditions by the end of the 21st c

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200 feared dead in migrant sea tragedy

More than 200 migrants are feared to have drowned in the latest Mediterranean boat tragedy after rescuers saved over 370 people from a capsized boat thought to be carrying 600, the Italian coast guard indicated on Thursday. Rescue

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'Seas could rise 6 metres even if govts curb warming'

Sea levels could rise by at least six metres in the long term, swamping coasts from Florida to Bangladesh, even if governments achieve their goals for curbing global warming, according to a study published on Thursday. Tracts of i

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Sea taxis proposed in Bahrain

Bahraini MPS have unanimously voted in favour of establishing sea taxis in the kingdom. The proposal, which will be referred to the Cabinet for a decision, aims to introduce an alternate form of public transport while also promoti

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Asry takes part in Singapore maritime expo

Bahrain-based Arab Shipbuilding and Repair Yard (Asry) has showcased its latest products and services at Sea Asia 2015, a Singapore-based maritime exhibition. The ship and rig repair yard used the growing show as a platform to boo

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Jordan, Israel sign deal on Red-Dead Sea canal project

Israel and Jordan has signed a deal declaring joint administration on a project connecting the Red Sea and the Dead Sea via a canal, according to a report. The project, which will be financed by the World Bank, has been advertised

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Oil storage at sea halves to 25m barrels

Only half the tankers booked to hold crude oil at sea two months ago are still earmarked for storage after a rally in oil prices, but trade and shipping industry sources say the business could revive again quickly if the market turns.

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