DP World has raised $1.5 billion through a Green Sukuk issue to support its global decarbonisation efforts.

Ong Kim Pong is to take up the helm at terminal operator PSA International as Group CEO Tan Chong Meng retires on 1 March 2024.

Cosco Shipping Car Carriers has added a new upgraded monthly service connecting China, Thailand and the Persian Gulf region.

The outbreak of new Middle East hostilities drew weakening oil prices to an abrupt halt yesterday as both benchmark crude oils – Brent and West Texas Intermediate – leapt by more than 4%.

Europe’s energy crisis began well before the conflict in Ukraine took place and was instigated by Europe’s unrealistic green energy transition plans, Middle East energy specialists claim. It has reshaped the global LNG markets.

The Saudi maritime sector has recorded a significant uptick in the Q3 update of the UNCTAD’s Liner Shipping Connectivity Index (LSCI), scoring 77.66 points in comparison to 76.16 points a quarter earlier.

APM Terminals Bahrain, operator of Bahrain’s main container gateway, Khalifa Bin Salman Port (KBSP), has officially announced the launch of a solar power project worth around $10m, to make the port energy self-sufficient by the end of 2023, and...

Peter Stanley, CEO, International Foundation for Aids to Navigation (IFAN) explains the move behind some big changes in the source of funding for its Middle East subsidiary, MENAS.

Energy major, Aramco, has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy - an LNG company formed and managed by investment company EIG, for $500 million. Aramco has the option to increase its shareholding and...