Technology, automation and training are key accommodating Saudi economic growth at its ports, the Saudi Maritime Congress in Dammam heard today.
Turkish OSV builder Tor Marine has delivered around half of the vessels ordered by a Saudi operator working for Aramco, a top official told Seatrade Global.
The National Shipping Company of Saudi Arabia (Bahri) has approximately 60% approval from its shareholders to merge with Vela.
Mumbai-based Seaworld Shipping and Logistics has signed a joint venture (JV) agreement with Saudi Arabia’s Yusuf Bin Ahmed Kanoo Company, to establish a joint logistics and shipping network.
Saudi Arabian oil and gas services firm Rawabi Holdings have invested $35.2m in Singapore’s Vallianz Holdings.
Dutch offshore operator Seacontractors is upbeat business prospects in the Middle East.