shipping

  • ADNOC Launches AGT for Trading Refined Products

    ADNOC Launches AGT for Trading Refined Products

    Thursday, 10th December 2020

    The Abu Dhabi National Oil Company (ADNOC) announced the official launch of its second trading arm ADNOC Global Trading (AGT), a joint venture (JV) between ADNOC, Eni and OMV, with shares of 65%, 20% and 15% respectively, which focuses on trading refined products globally.

  • Nigeria Takes Delivery of Two LPG Vessels from South Korea

    Nigeria Takes Delivery of Two LPG Vessels from South Korea

    Tuesday, 24th January 2017
    The West Africa Gas Ltd (WAGL), a joint venture company of the Nigerian National Petroleum Corporation (NNPC) and Sahara Energy, has taken delivery of two LPG carriers from the Hyundai Mipo Dockyard (HMD) in Ulsan, South Korea.
  • India Resumes Iran’s Crude Oil Imports

    India Resumes Iran’s Crude Oil Imports

    Sunday, 10th July 2016
    Shipping Corporation of India (SCI), announced that it will resume sailing to Iran this month after a four-year gap, transporting an oil cargo for a state-run refiner.
  • OAPEC’s Investment Corp on Verge of Shipping Deal Bolstered by Islamic Bonds

    OAPEC’s Investment Corp on Verge of Shipping Deal Bolstered by Islamic Bonds

    Sunday, 22nd November 2015
    Saudi Arabia-based Arab Petroleum Investments Corp. (APICORP) plans to acquire a shipping asset and could close that deal either year-end or in the first quarter of 2016.
  • GAC Group Gets New Mideast Head

    GAC Group Gets New Mideast Head

    Monday, 9th November 2015
    Global shipping, logistics and marine services provider GAC Group has appointed Shanaka Fernando as the group's new regional business development manager (Oil & Gas) for Middle East region.
  • Nigeria Resumes Crude Exports to US

    Nigeria Resumes Crude Exports to US

    Tuesday, 15th September 2015
    After flows of Nigerian crude to the US during past June and July were partly driven by high prices for domestic light sweet crudes, in September a few Nigerian cargoes were heading to US refineries.
  • Press Release: Egyptian Ministry of Petroleum

    Press Release: Egyptian Ministry of Petroleum

    Monday, 3rd August 2015
    The Minister of Petroleum and Mineral Resources, Sherif Ismail, announced that the launching of the new Suez Canal project is a message of hope to the Egyptian people and a gift to the world.
  • Statoil to Receive Underwater Hull Cleaning for Operations in Middle and Far East

    Statoil to Receive Underwater Hull Cleaning for Operations in Middle and Far East

    Wednesday, 27th May 2015
    GAC EnvironHull has signed a contract with the international energy company Statoil to provide underwater hull cleaning services for its vessels operating in Scandinavia, the Middle East and the Far East.
  • Saudi Bahri Buying Hyundai-Made Oil Tankers

    Saudi Bahri Buying Hyundai-Made Oil Tankers

    Monday, 25th May 2015
    National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, has signed a deal to buy five very large crude tankers from ship builders Hyundai Heavy Industries, the Riyadh-listed firm said on Sunday.
  • US Oil Futures Steady Despite Iranian Incident

    US Oil Futures Steady Despite Iranian Incident

    Wednesday, 29th April 2015
    U.S. oil benchmark futures held steady around $57 a barrel before government data forecast to show crude inventories expanded from a record.