High oil prices 'to boost oil tanker sales'With the price of oil expected to remain above $100 per barrel in 2012-13 suppliers are encouraged to invest more in oil tankers and maintain their vessels in good condition to make the most of prevailing market conditions, said an expert. More… |
GCC to pump in $15bn for port expansionThe GCC countries will invest $15 billion towards expansion of their ports in the next five years, said maritime experts at a major conference in Sharjah. The 'Gulf Maritime and the Mastech International Marine and Technical Conference,' w More… |








