The vessels, purchased at a cost of $35 million, will provide offshore and shipping services for commodity exporters in the Caspian region
Crude vessels
Latest in Crude vessels
Brent Crude
India’s Russian crude oil imports create another record in January
Iraq, Saudi Arabia, and the UAE also expanded their share of Indian imports in the month by one percentage point each
Abu Dhabi
AD Ports Group eyes Caspian Sea riches with its new Kazakhstan JV
The Abu Dhabi-based company owns 51 percent share; The joint venture looks to exploiting offshore and shipping opportunities in the oil-rich area
crude oil tanker
Israeli oil tanker attacked by armed drone off coast of Oman: Reports
The tanker was attacked on Tuesday by the projectile roughly 150 miles from the Omani coast at about 7.30 PM local time on Tuesday
acquisition
Al Seer Marine expands shipping fleet with acquisition of a mega crude carrier for AED396 million
The latest acquisition will take the company’s total VLCC fleet value to AED900 million in four months, and its ship fleet to 10
Crude exporter
UAE starts shipping oil cargoes as Europe buyers avoid Russian crude
Prior to its war in Ukraine, Russia was Europe’s largest external supplier of crude, but many of the cargoes that once got delivered to the continent are instead being transported to Asia
Crude vessels
Qatar ships first oil cargo to UAE since Gulf embargo ended
Qatar loaded about 700,000 barrels of oil onto the tanker Abu Dhabi-III
Bab al-Mandab Strait
Saudis halt oil shipments through Bab al-Mandab strait after Yemen rebel attack
Two oil tankers operated by the Saudi shipping group Bahri, each with a two million barrels capacity, were attacked by Houthi rebels in the Red Sea, state giant Aramco said in a statement.
