China has inked the cooperation agreements with eighteen Middle Eastern and North African countries to jointly develop the Belt and Road Initiative, including Saudi Arabia, Yemen, Jordan, United Arab Emirates, Oman, Kuwait, Qatar, Egypt, Algeria, Sudan, Morocco, Libya, Somali and Tunisia and others.

Lauritzen Bulkers will open a new office in Dubai, UAE in August this year as it seeks to tap on the anticipated growth of the Middle East region.

Hapag-Lloyd is joining CMA CGM and APL in charging a war risk surcharge for cargo to and from ports in the Middle East Gulf.

UAE-based Brooge Petroleum and Gas Investment Co (BPGIC) has unveiled a plan to build a 250,000-barrels per day (bpd) capacity refinery to produce IMO 2020-compliant bunker fuel in Fujairah.

Asia Offshore Drilling (AOD), owned by Seadrill Limited and Mermaid Maritime Public Company, has secured a three-year contract extension for jack-up drilling rig AOD I from a Middle East-based client until June 2022.

The state-owned China Shipbuilding Industry Corporation (CSIC) set-up a Middle East Gulf area representative office in Dubai. It is the first overseas representative office the Group has established.

GAC will open a warehouse and open yard in Khalifa Industrial Zone Abu Dhabi (KIZAD) in January 2019 to expand its presence in Abu Dhabi and serve a wide range of sectors.

Oman-based Port of Duqm Company (PDC) and Shell Oman Marketing Company have inked an agreement to develop bunkering facilities at the port.

Abu Dhabi Ports and China Cosco Shipping subsidiary, Cosco Shipping Ports, have inaugurated the $300m CSP Abu Dhabi Terminal at Khalifa Port in the UAE, an investment that ties the emirate into Beijing’s Belt and Road Initiative (BRI).

Albwardy Damen has opened a new ship repair facility at Dubai Maritime City (DMC) in conjunction with the celebration of its 40th anniversary.

Page 1 of 14