Saudi Arabia represents a major investment opportunity for the shipping and maritime industries as the country diversifies its economy.

Shipowners and commodity traders are now digesting the impacts of President Donald Trump’s widely anticipated announcement that the US would pull out of the six nation accord reached with Iran in 2015. The 2015 agreement with Iran- officially the ...

Saudi Arabian shipowner Bahri has completed its current very large crude carrier (VLCC) fleet expansion with the delivery of 10th newbuilding from Hyundai Samho Heavy Industries (HSHI).

The sheer scale of the new joint venture shipyard complex now under construction in Ras Al Khair on Saudi Arabia’s Gulf coast was revealed to Seatrade Maritime News this week during interviews in Dammam.

Bahri Dry Bulk has secured SAR360m ($96m) from a Saudi bank to finance four bulk carriers ordered at Hyundai Mipo Dockyard last year.

The United Arab Emirates (UAE) and Jamaica were the big ‘winners’ in the IMO Council election during meetings of the International Maritime Organization in London this week. They joined the 40-member executive body of the IMO for the two-year...

Synergy Offshore chief executive, Fazel Fazelbhoy, revealed the scale of the downturn facing OSV operators in Middle East waters when he moderated a session of regional updates at Seatrade Offshore Marine & Workboats Middle East yesterday...

Saudi Arabian shipowner Bahri’s fleet of VLCCs has increased to 38 with the delivery of its latest newbuilding from Hyundai Heavy Industries (HHI).

The Saudi Ports Authority has banned Qatar-flagged or owned vessels from the country’s ports.

Out-going Lamprell chief Jim Moffat trumpeted a founding stake in a joint venture investigating a massive shipyard in Saudi Arabia as a potential “game changer” for the group.