Wednesday, December 30, 2020

Iraq Signs $2.6 Billion Deal with DSME to Build First Phase of Faw Port

BAGHDAD, Dec 30 (Reuters) – Iraq agreed a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction (047040.KS) on Wednesday to build the first phase at its planned Faw...

December 30, 2020
Total Views: 1832


Iraq Signs $2.6B Port Deal With Daewoo

by Maher Nazeh (Reuters) – Iraq agreed to a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction ($047040.KS) on Wednesday to build the first phase at its planned...

December 30, 2020
Total Views: 1388

Thursday, April 18, 2019
Maritime News

U.S. Gulf Gets Least Crude in Decades as Iraqi Imports Dive

By Sheela Tobben (Bloomberg) — The U.S. Gulf Coast imported the least amount of crude in nearly three decades as shipments from Iraq plummeted and congestion lingered on a critical...

April 18, 2019
Total Views: 0

Tuesday, May 22, 2018

Saddam Hussein’s Former Superyacht Now a Hotel for Maritime Pilots in Iraq

By Ulf Laessing BASRA, Iraq, May 22 (Reuters) – The king size bed in Saddam Hussein’s superyacht is made, the silk curtains around it have been drawn back and, in...

May 22, 2018
Total Views: 44

Sunday, October 29, 2017

Iraq Boosts Oil Export Capacity

by Ahmed Rasheed (Reuters) Iraq has increased oil export capacity from its southern ports by 900,000 barrels per day (bpd) to 4.6 million bpd after adding a new floating terminal...

October 29, 2017
Total Views: 26

Wednesday, August 16, 2017
oil tanker

Iraq Sets Up Oil Shipping, Trading Joint Venture

By Rania El Gamal DUBAI, Aug 16 (Reuters) – OPEC member Iraq has formed a joint venture with a shipping company owned by Arab states to transfer, store and trade crude...

August 16, 2017
Total Views: 28

Tuesday, August 30, 2016
Oil Tanker SN_OLIVIA
Maritime News

Iraq Blacklists Tankers Transporting Kurdish Crude Oil

By Dmitry Zhdannikov (Reuters) Iraqi state oil firm SOMO has blacklisted three tankers involved in shipping crude from Kurdistan, stepping up pressure on the semi-autonomous region amid tense talks on...

August 30, 2016
Total Views: 18

Wednesday, April 6, 2016
Maritime News

Huge Oil Tanker Traffic Jam Builds at Iraq’s Basra Port

By Keith Wallis SINGAPORE, April 6 (Reuters) – A traffic jam of nearly 30 large oil tankers has built up outside the Iraqi port of Basra due to loading delays,...

April 6, 2016
Total Views: 34

Sunday, April 26, 2015
Al Ba?rah Oil Terminal

Iraq Will Export New Crude Grade in May After Setting Discounts

Iraq, OPEC’s second-biggest producer, will start exporting Basrah Heavy crude next month after offering discounts for the new grade in Europe, Asia and the Americas.

April 26, 2015
Total Views: 1

Thursday, April 2, 2015

Four-Mile-Long Line of Supertankers in Iraq Helps Fuel Rate Surge

Iraq’s biggest oil exports in more than three decades and winter winds are helping to keep shipping rates at a six-year high as a four-mile line of supertankers waits to load the nation’s crude.

April 2, 2015
Total Views: 25

Wednesday, September 3, 2014
United Kalavrvta

Tanker Carrying Disputed Oil On the Move Off Texas

An oil tanker off the coast of Texas loaded with $100 million of disputed Iraqi Kurdish crude has pulled its anchor from the water and set sail for the first time since entering the Gulf of Mexico in July, satellite tracking showed on Wednesday.

September 3, 2014
Total Views: 4

Tuesday, August 26, 2014
United Kalavrvta

Impasse Over Kurdish Crude Cargo Near Texas to Drag On – Source

A tanker loaded with $100 million of Iraqi Kurdish crude oil cannot be delivered in Texas anytime soon because of serious legal risks so a month-long standoff will likely drag on, a source close to the matter said on Tuesday.

August 26, 2014
Total Views: 1

Monday, August 4, 2014
united kalavrvta

Kurds Ask U.S. Court to Scrap Seizure Order, Allow Crude Delivery

The Kurdistan Regional Government (KRG) of Iraq asked a U.S. court on Monday to throw out an order to seize some 1 million barrels of disputed crude oil and allow the cargo to be freely delivered in Texas.

August 4, 2014
Total Views: 5

Monday, July 28, 2014

Tanker Waits With Kurdish Crude Near Texas After Clearance

An oil tanker floating off the coast of Texas is waiting to unload its cargo of oil from the Kurdish region of Iraq after receiving clearance yesterday.

July 28, 2014
Total Views: 0

Saturday, July 26, 2014

Tanker Carrying Kurdish Oil Arrives Off Florida Coast

A ship carrying crude from Iraq’s Kurdistan region is off the coast of Florida, with the future of the oil aboard murky because of uncertainty over who has the right to sell it.

July 26, 2014
Total Views: 0

Thursday, June 5, 2014

Moroccan Authorities Refuse Kurdish Tanker Hauling Disputed Crude

Iraqi Kurdistan's bid to sell its first tanker of crude oil appeared to suffer its second setback in as many weeks on Thursday after the ship left a port in Morocco without a sale which the central Iraqi government opposes.

June 5, 2014
Total Views: 8

Sunday, June 1, 2014
single point mooring iraq leighton offshore
Maritime News

Iraq Oil Exports Rise By 8 Percent In May

By Raheem Salman BAGHDAD, June 1 (Reuters) – Oil exports from Iraq rose by 8 percent in May and a new floating terminal was inaugurated that will expand shipping capacity...

June 1, 2014
Total Views: 7

Wednesday, October 16, 2013
al basrah oil terminal

China to Increase Iraqi Crude Imports by Two-Thirds in 2014

By Meeyoung Cho and Jane Chung DAEGU, South Korea, Oct 16 (Reuters) – Iraq said China is seeking to increase purchases of its crude by more than two-thirds next year,...

October 16, 2013
Total Views: 0

Thursday, September 13, 2012

Smit Lamnalco Lands Major SPM O&M Contract in Iraq

AMSTERDAM–Dutch dredging and maritime services provider Royal Boskalis Westminster N.V. (BOKA.AE) said Thursday that its Smit Lamnalco associate has been awarded a $35 million a year contract by Petrofac Ltd....

September 13, 2012
Total Views: 26

Wednesday, March 28, 2012
single point mooring iraq leighton offshore

Leighton Offshore Provides New Single Point Mooring Terminal to Export Iraqi Crude

(Dow Jones) Iraq’s new single-point mooring, or SPM, terminal in the south is loading a third tanker Tuesday at a rate of 800,000-900,000 barrels a day, a senior Iraqi oil...

March 28, 2012
Total Views: 66