Two plants designed to spur the development of shipbuilding through domestic Saudi steel production, with a combined value of $4.6bn, are to be set up at the King Salman Global Maritime Industries Complex.

Hapag-Lloyd said Wednesday it had successfully closed its acquisition of the container liner business of German carrier Deutsche Afrika-Linien (DAL).

A stand-off has developed over the weekend between Greece and Iran over the seizure of oil tankers in the waters of Greece and the Persian Gulf.

Saudi shipyard International Marine Industries (IMI) has inked an agreement with Keppel LeTourneau Middle East (KLET) for the design and construction of offshore rigs.

New research into container port performance last year has thrown into relief recent efficiency gains achieved by Middle East ports, with four facilities in the region positioned in the global top five.

Abu Dhabi’s AD Ports Group has signed an agreement with independent logistics service provider Alexander Global Logistics (AGL), for the distribution of pulp and paper products in the Middle East.

The green energy required to make carbon-free fuels for shipping would require all of the world’s current production of renewables.

Iran is becoming brazen in its oil export activities despite international sanctions, and more customers are preparing for trade should sanctions be lifted.

London-listed Gulf Marine Services (GMS), an operator of self-propelled, self-elevating support vessels deployed in the oil, gas and renewable energy sectors has announced a 2021 net profit of $31.2m, its first positive result since 2016

A UAE company offering renewables and oil and gas operators the possibility to activate drones capable of both airborne and submersible remote activity across continents is poised to unlock a new chapter in the maritime inspection of offshore...