Impact Of New IMO Regulations On Arabian Gulf’s Oil Export Dynamics

The Arab Petroleum Investments Corporation (APICORP), the multilateral development bank focused on the energy sector, published its latest research report today, which this month analyses the impact on the Gulf’s oil dynamics of new fuel oil regulations for the shipping industry set by the International Maritime Organisation. The International Maritime Organisation (IMO) – a specialised
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Crowley Maritime Corp.’s offshore services group has successfully and safely delivered Shell’s Appomattox semi-submersible Floating Production System (FPS) to the open waters of the U.S. Gulf from Kiewit Offshore Services’ construction facility in Ingleside, Texas. Making the tow-out possible were Crowley’s Ocean Sky and Ocean Sun tugboats, which worked together on behalf of customer Heerema,
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Crowley Maritime Corp.’s SOLUTIONS has successfully and safely delivered Shell’s Appomattox semi-submersible Floating Production System (FPS) to the open waters of the U.S. Gulf from Kiewit Offshore Services’ construction facility in Ingleside, Texas. Making the tow-out possible were Crowley’s Ocean Sky and Ocean Sun tugboats, which worked together on behalf of customer Heerema, alongside other
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Gulf Navigation Holding (PJSC), which is listed in the Dubai Financial Market (DFM) under the trading symbol ‘GULFNAV’ has announced its financial results for the first half of 2018. The Group recorded losses of AED 14,761 million, compared to profits of AED 19,029 million during the same period last year. Commenting on its financial results,
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IMO is supporting countries from the Gulf of Guinea region (an area prone to piracy) in their plans to enhance maritime security. Participants from 10 countries last week took part in a workshop in Monterey, US, on developing and refining their work plans. This included introducing new topics directly related to the successful implementation of
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GENEVA: In reference to its previous communication of 19 July about the new 2M strategic cooperation with ZIM on the Asia – US East Coast trade, MSC has announced further details about its revised Transpacific US East Coast network. As previously communicated, there will be a combined operation of five loops between Asia and US
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According to security firm EOS Risk Group, Nigerian pirates have kidnapped 35 seafarers from vessels in the Gulf of Guinea so far this year. This information was disclosed in their half year review of Nigerian piracy activity in the Gulf of Guinea. Nigeria continues to be the World’s epicentre for piracy activity. From January through
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The commander of Iran’s Revolutionary Guards said last week that Tehran would block all exports through the Strait of Hormuz in the Gulf if countries heed U.S. calls to stop buying Iranian oil from November. A fifth of global oil consumption passes through the Strait from Middle East crude producers to major markets. Outlined below
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Dockworkers at U.S. East and Gulf Coast seaports reached a tentative six-year contract agreement with the port operators, the two sides said Wednesday, beating the September expiration of the current pact and setting the stage for several years of labor peace at the country’s trade gateways. In a statement Wednesday, the International Longshoremen’s Association and
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The International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) have reached tentative agreement on a six-year contract covering East Coast and Gulf Coast ports. The new contract would take effect after the current one expires on September 30, 2018. “We have reached a tentative agreement on a six-year Master contract that is beneficial
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