Monday, March 23, 2020
ships at anchor
Maritime News

Saudi Arabia Tanker Power Play Could Backfire as Oil Demand Shrinks

By Jonathan Saul and Dmitry Zhdannikov LONDON, March 23 (Reuters) – Top exporter Saudi Arabia has chartered an armada of ships to flood the market with

March 23, 2020
Total Views: 41

Wednesday, March 18, 2020
oil tanker
Maritime News

Oil’s 24% Plunge in a Day Signals No End in Sight for Meltdown

By Alex Longley, Javier Blas and Jackie Davalos (Bloomberg) — Oil is ensnared in such a crisis that Wednesday’s 24% plunge in New York wasn’t even

March 18, 2020
Total Views: 51

Thursday, March 12, 2020
Maritime News

Saudi Arabia Floods Market with Cheap Oil to Squeeze Out Russia

By Olga Yagova and Gleb Gorodyankin MOSCOW, March 12 (Reuters) – Saudi Arabia has stepped up efforts to squeeze Russia’s Urals oil grade out of its

March 12, 2020
Total Views: 74

Tuesday, March 10, 2020
vlcc tanker
Maritime News

Saudis Make Rare Supertanker Bookings to Carry Flood of Oil

By Sheela Tobben, Alaric Nightingale and Serene Cheong (Bloomberg) — Saudi Arabia’s biggest tanker company booked a batch of ships to transport the

March 10, 2020
Total Views: 83

Monday, December 30, 2019
Maritime News

Fincantieri Marinette Marine Awarded U.S. Navy Contract to Build Four Warships for Saudi Arabia

The U.S. Navy has officially awarded a Lockheed Martin-led team a multi-billion dollar contract to construct four warships for the Kingdom of Saudi Arabia. The

December 30, 2019
Total Views: 45

Friday, October 11, 2019
The Iranian-owned Sabiti oil tanker is seen sailing in the Red Sea
Maritime News

Iranian Tanker Reportedly Hit by Missiles Off Saudi Coast, Iran Media Reports

By Parisa Hafezi and Sylvia Westall DUBAI, Oct 11 (Reuters) – An Iranian-owned oil tanker was struck, probably by missiles, in the Red Sea off Saudi

October 11, 2019
Total Views: 8

Friday, September 20, 2019
saudi oil attack Abqaiq
Maritime News

Saudi Aramco Sees Full Oil Production Restored by End of September

By Rania El Gamal and Stephen Kalin ABQAIQ, Saudi Arabia, Sept 20 (Reuters) – Saudi state oil company Aramco said it will bring back by end September

September 20, 2019
Total Views: 4

Wednesday, September 18, 2019
Maritime News

Saudi Arabia Joins U.S.-Led Gulf Naval Mission

By Abbas Al Lawati (Bloomberg) –Saudi Arabia joined a U.S.-led coalition to secure sea lines vital to oil shipping in the Middle East in the aftermath of

September 18, 2019
Total Views: 6

Tuesday, September 17, 2019
saudi oil attack Abqaiq
Maritime News

Oil Trims Losses on Conflicting Signals About Saudi Recovery

By David Marino and Sheela Tobben (Bloomberg) — Oil pared an earlier decline on contradicting reports about when Saudi Arabia will restore production

September 17, 2019
Total Views: 3

Monday, September 16, 2019
tanker loading
Maritime News

Demand for U.S. Crude Surges After Attack on Saudi Oil Facilities

NEW YORK/HOUSTON, Sept 16 (Reuters) – U.S. crude export demand at the Gulf Coast surged on Monday, traders said, as the window to export crude profitably

September 16, 2019
Total Views: 6

Maritime News

Tanker Bottleneck Grows at Saudi Ports After Attack

LONDON, Sept 16 (Reuters) – At least 11 supertankers are waiting to load oil cargoes from Saudi Arabian ports after an attack on the country’s oil

September 16, 2019
Total Views: 13

saudi oil attack Abqaiq
Maritime News

Attack on Saudi Oil Facility Hits the Oil Market’s Achilles Heel: Kemp

By John Kemp LONDON, Sept 16 (Reuters) – Oil security experts have worried for decades about the vulnerability of Saudi Arabia’s Abqaiq processing

September 16, 2019
Total Views: 6

Sunday, September 15, 2019
FILE PHOTO: Oil tankers pass through the Strait of Hormuz
Maritime News

Iran Rejects U.S. Claim it was Behind Saudi Oil Strikes

By Rania El Gamal and Parisa Hafezi DUBAI, Sept 15 (Reuters) – Iran dismissed accusations by the United States that it was behind attacks on Saudi oil

September 15, 2019
Total Views: 3

Saturday, September 14, 2019

Houthi Drone Attack Hits the Heart of Saudi Arabia’s Oil Industry

By Stephen Kalin, Rania El Gamal and Dmitry Zhdannikov RIYADH/DUBAI/LONDON, Sept 14 (Reuters) – Yemen’s Iran-aligned Houthi group on Saturday

September 14, 2019
Total Views: 22

Thursday, June 27, 2019
oil tanker photo
Maritime News

Bahri Commits to VLCCs a Saudi Arabia’s New King Salman Maritime Complex

Saudi Arabian shipping company Bahri has signed a Memorandum of Understanding for the construction of the first VLCCs at the new King Salman Complex for

June 27, 2019
Total Views: 31

Wednesday, May 15, 2019
UAE Navy boats next to Al Marzoqah Saudi Arabia tanker are seen off the Port of Fujairah
Maritime News

London Marine Insurers to Meet After Ship Attacks in Middle East

By Jonathan Saul LONDON, May 15 (Reuters) – London’s marine insurance market will meet on Thursday to assess whether it needs to change the risk

May 15, 2019
Total Views: 5

Saturday, August 4, 2018
tanker underway
Maritime News

Saudi Arabia Resumes Oil Exports Through Red Sea Shipping Lane

DUBAI, Aug 4 (Reuters) – Top oil exporter Saudi Arabia said on Saturday it has resumed all oil shipments through the strategic Red Sea shipping lane of

August 4, 2018
Total Views: 44

Wednesday, August 1, 2018
tanker at sea
Maritime News

Israel Warns Iran of Military Response if Key Red Sea Shipping Lane is Closed

JERUSALEM, Aug 1 (Reuters) – Israel would deploy its military if Iran were to try to block the Bab al-Mandeb strait that links the Red Sea to the Gulf

August 1, 2018
Total Views: 20

Tuesday, July 31, 2018
oil tanker
Maritime News

Yemen’s Houthis Ready to Halt Red Sea Attacks -Official

DUBAI, July 31 (Reuters) – Yemen’s Houthi group said on Tuesday it is ready to unilaterally halt attacks in the Red Sea to support peace efforts,

July 31, 2018
Total Views: 34

Monday, July 30, 2018
Bab-el-Mandeb strait
Maritime News

Why Is Saudi Halting Oil Shipments Through the Red Sea?

By Stephen Kalin and Rania El Gamal RIYADH/DUBAI, July 30 (Reuters) – Saudi Arabia announced last week it was suspending oil shipments through the

July 30, 2018
Total Views: 6