by Parisa Hafezi (Reuters) - Iran seized a United Arab Emirates-registered ship violating its territorial waters this week, Iran’s Foreign Ministry said on Thursday, adding that UAE coastguards killed two Iranian fishermen on the same day. Tensions have risen between the two oil-rich countries which face each other across the Gulf since last week’s agreement between the Gulf … [Read more...]
Virus Drives Down Bunker Sales at UAE’s Port of Fujairah
By Roslan Khasawneh SINGAPORE, June 18 (Reuters) - Ship fuelling activity in Fujairah in the United Arab Emirates, a bunkering and fuel storage hub in the Middle East, fell in May as declining demand was made worse by slowing global trade because of the coronavirus pandemic, four trade sources said. Fujairah's ship refuelling, or bunkering, volumes shrank to about … [Read more...]
UAE Signals Leniency on IMO 2020 Enforcement
By Verity Ratcliffe (Bloomberg) --The world’s oil tanker owners can breathe a sigh of relief: a vital Middle East shipping hub is going to start enforcing sweeping new rules on the sulfur content in vessel fuel gradually. The United Arab Emirates will start by taking a flexible approach toward those ships that breach the environmental regulations when they enter into force … [Read more...]
Abu Dhabi’s Khalifa Port Plans $1 Billion Expansion
ABU DHABI, Dec 11 (Reuters) - The capacity of Abu Dhabi's Khalifa Port will increase by 50% by the end of 2020 as part of a 3.8 billion dirham ($1 billion) expansion of the emirate's main port announced on Wednesday. The oil-rich capital of the United Arab Emirates is investing billions of dollars in infrastructure to reduce the emirate's dependence on oil and gas and the … [Read more...]
Abu Dhabi To Host HQ For European Safety Of Navigation Mission
by Sylvia Westall (Reuters) - A French naval base in Abu Dhabi will serve as the headquarters for a European-led mission to protect Gulf waters that will be operational soon, France’s defense minister said on Sunday. France is the main proponent of a plan to build a European-led maritime force to ensure safe shipping in the Strait of Hormuz after tanker attacks earlier this … [Read more...]