Friday, March 16, 2018

Construction Begins on Saudi Arabia’s Massive Persian Gulf Maritime Yard

DUBAI, March 16 (Reuters) – Construction work has begun on a joint venture to build a shipyard on Saudi Arabia’s eastern coast, oil rig builder

March 16, 2018
Total Views: 38

Wednesday, December 20, 2017
port of Hodeidah, Yemen

Yemen Port To Stay Open Despite Deadly Missile Strikes

by Mohammed Mukhashaf (Reuters) – The Saudi-led coalition fighting in Yemen said on Wednesday it would keep Yemen’s Houthi-controlled Hodeidah port

December 20, 2017
Total Views: 1

Tuesday, August 8, 2017
Maritime News

Saudi Aramco Awards First Major Contract for $5 Billion Maritime Yard in Gulf

Saudi Aramco has signed the first major contract for Saudi Arabia’s $5.2 billion maritime and shipbuilding complex planned for the Persian Gulf. The

August 8, 2017
Total Views: 81

Sunday, March 19, 2017
FILE PHOTO - People walk past a ship docked at the Red Sea port of Hodeidah
Maritime Security Incidents

Saudi Arabia Asks U.N. to Supervise Yemen Port

by William Maclean (Reuters) A Saudi-led coalition fighting in Yemen called on Sunday for the United Nations to place a strategic port under its supervision

March 19, 2017
Total Views: 3

Wednesday, March 8, 2017
Maritime News

McDermott to Open Manufacturing Facility at New Saudi Shipbuilding Complex

By Reem Shamseddine MANAMA, March 8 (Reuters) – U.S. oilfield services and equipment provider McDermott International said on Wednesday it would build a

March 8, 2017
Total Views: 13

Sunday, November 27, 2016
hyundai heavy industries shipbuilding

Saudi Arabia’s Maritime Complex Could Cost $5 Billion

DHAHRAN, Saudi Arabia, Nov 27 (Reuters) – Saudi Arabia expects a huge ship repair andshipbuilding complex that its national oil company Saudi

November 27, 2016
Total Views: 24

Tuesday, October 11, 2016

Consortium Awarded Design Contract for Large Maritime Yard in Saudi Arabia

A consortium made up of engineering firm HaskoningDHV UK and Hyundai Engineering & Construction has been selected to perform the Front-End Engineering

October 11, 2016
Total Views: 100

Tuesday, October 20, 2015
littoral combat ship

U.S. Approves Sale of Lockheed Littoral Combat Ships to Saudi Arabia

  By Tony Capaccio and Madeline McMahon (Bloomberg) — The Pentagon has notified Congress of a planned sale to Saudi Arabia of as many as four

October 20, 2015
Total Views: 6

Thursday, October 8, 2015
Maritime News

Saudi Shipping Firm Bahri Sees Huge Profit Jump

  DUBAI, Oct 8 (Reuters) – National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a significant

October 8, 2015
Total Views: 2

Thursday, April 23, 2015
satorp refinery

Saudi Arabia’s Solution to Global Oil Glut: Pump Ever More Crude

Saudi Arabia has a response to the global surplus of oil: Raise output to near-record levels and then pump even

April 23, 2015
Total Views: 12

Tuesday, April 7, 2015
al naimi saudi oil minister

Saudis Boost Oil Output While Standing Ready to Stabilize Price

Saudi Arabia, which increased oil production to 10.3 million barrels a day in March, is ready to bring stability to prices, said oil minister Ali

April 7, 2015
Total Views: 1

Wednesday, March 18, 2015
front duke vlcc supertanker frontline
Maritime News

Saudi Crude Exports Up in January

Saudi Oil Minister Ali al-Naimi has said oil demand was growing and expected oil prices, which hit a near six-year low in January, to

March 18, 2015
Total Views: 1

Friday, February 6, 2015
ali al naimi aramco saudi

Saudi Arabia Cuts Oil Prices in Fight for Asian Market Share

Saudi Arabia, the world’s largest crude exporter, cut pricing for March oil sales to Asia, a sign that the desert kingdom is continuing to fight for market

February 6, 2015
Total Views: 1

Friday, December 26, 2014
riyadh saudi arabia city

Saudi Budget Assuming $80 Crude Seen as Belief in Market Rebound

Saudi Arabia’s 2015 budget is probably assuming an oil price of $80 a barrel, and will be seen as a sign of confidence in the market, according to a former

December 26, 2014
Total Views: 0

Thursday, December 18, 2014

Saudi Arabia and OPEC Unlikely to Give Up Oil-Market Share

Saudi Arabia and OPEC would find it “difficult, if not impossible” to give up market share by cutting crude production, the country’s oil minister

December 18, 2014
Total Views: 0

Wednesday, November 26, 2014
offshore drilling drillship dual activity

Oil Bust of 1986 Reminds U.S. Drillers of Price War Risk

The last time that U.S. oil drillers got caught up in a price war orchestrated by Saudi Arabia, it ended badly for the

November 26, 2014
Total Views: 5

Thursday, July 17, 2014
Ras Tanura Sea Island Terminal saudi aramco

Saudi Crude Exports in May Fell to Lowest Since 2011

Saudi Arabia, the world’s biggest oil exporter, shipped the least crude in almost three years in May as domestic refineries processed record amounts and

July 17, 2014
Total Views: 6

Monday, May 12, 2014
al naimi saudi oil minister

Saudi Arabia Willing To Supply More Oil In Case Of Shortage

Saudi Oil Minister Ali al-Naimi said on Monday the world's top oil exporter was willing to supply markets with more crude if rising tensions between Russia and

May 12, 2014
Total Views: 0

Sunday, January 26, 2014
emaar port development king abdullah
Maritime News

New Global Logistics Hub Commences Operations on Saudi Arabia’s West Coast

Emaar Economic City, a big Saudi real estate firm, has started operations at the country's first privately owned port and will more than triple investment in

January 26, 2014
Total Views: 5

Tuesday, October 1, 2013
vallianz holdings

Vallianz Gets Planted into Middle East Market with $334 Million in Orders

Vallianz Holdings Ltd, a Singapore-based offshore services provider has joined forces with Rawabi Holdings to create a new Saudi Arabian-based subsidiary

October 1, 2013
Total Views: 9