UAE Coast Guard evacuate 24 crew members following ship collision
oil tankers
Latest in oil tankers
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
acquisitions
IHC subsidiary Al Seer Marine acquires two new oil tankers for $109 million
The acquisition is part of the company’s expansion plans, with short-term targets to acquire 10 to 15 ships this year in crude and product tankers, gas tankers, and dry bulk shipping sectors
Al Hudaydah
Saudi Arabia sets aside $10mn to contain threats posed by deteriorating oil tanker on the Red Sea coast
The ‘Safer’ tanker contains more than one million barrels of oil, and has not been maintained since 2015. Any leakage could threaten regional marine life, fisheries, and biodiversity
Damietta
Tunisian Environment Ministry attempts to contain diesel spill after oil tanker runs aground
Tunisian authorities rescued all crew members after the commercial cargo ship, flying the flag of Equatorial Guinea and coming from the Egyptian port of Damietta, ran aground due to bad weather conditions and rough seas
Fujairah oil terminal
Prostar Capital closes $280m refinancing deal for Fujairah Oil Terminal
Fujairah Oil Terminal is a 7.4 million-barrel bulk liquid storage terminal located in the Port of Fujairah
ADNOC
ADNOC unit boosts shipping fleet to support UAE’s 2030 oil production target
ADNOC Logistics & Services announces the acquisition of two additional very large crude carriers
Bandar Abbas
British-flagged tanker docks in Dubai after Iran release
Stena Impero’s seizure was seen as a tit-for-tat move after authorities in Gibraltar detained an Iranian tanker
Bab al-Mandab Strait
UAE joins alliance to protect crucial shipping routes
UAE announces it has joined the US-led International Maritime Security Construct following tanker attacks in region
climate change
Opinion: as shipping goes green, banks are keeping up
As the International Maritime Organisation clamps down on harmful gas emissions from ships, banks – as the industry’s financiers – are evolving alongside
National Iranian Tanker Co
Iranian oil tanker makes distress call near Saudi Red Sea port
Vessel, one of the world’s largest crude tankers, signaled distress about 75 miles off coast of Yanbu
Bahrain King Hamad
Bahrain to join US-led efforts to protect Gulf navigation
Bahrain steps up to join US-led efforts to protect shipping in the Gulf amid tensions between Washington and Tehran
British commercial vessels
Gibraltar court to decide fate of seized Iranian tanker
The Grace 1 supertanker, carrying 2.1 million barrels of Iranian oil, was seized on July 4 by Gibraltar police and British special forces off the overseas British territory
commercial vessels
Pompeo talks maritime security, Iran with Saudi crown prince
Iran has seized three tanker ships in strategic Gulf waters in a month, and the United States has accused it of carrying out multiple attacks on ships in the region
AB Live
Middle East no longer as ‘crucial’ for the oil industry
Impact of tanker attacks on the Strait of Hormuz hasn’t affected oil price as much as expected
Boris Johnson
UK to join US in coalition to protect ships in Gulf waters
Foreign Secretary Dominic Raab has spoken to allies around the world to encourage them to join the mission to safeguard a key chokepoint for oil
