US beefs up military presence in Gulf over Iran oil tanker ‘threat’
Three thousand additional US personnel on troop-landing warships have already passed through the Red Sea, and US-led maritime forces are warning ships against approaching Iranian waters. The moves follow a spate of capture and attempted capture of ships in and around the Strait of Hormuz, the U-shaped gateway to the...
AD Ports, KMTF sign pacts
They will launch a joint venture to provide services for energy companies.
Europe’s gas storage reserves now at over 90 percent
With prices falling and ports clogged with liquefied natural gas tankers, fears of a winter heating crisis in Europe have eased but experts are warning against complacency. For over a week now, there have been bottlenecks at Spanish ports of ships bringing in LNG, indicating Europe is at full capacity.
Al Seer acquires 2 VLCCs
Each carrier has a carrying capacity of 320,000 deadweight tonnage.
Iran mocks US failure to stop exports of oil cargo
Iran said that US attempts to seize its tankers and oil cargo had failed to stop exports that are subject to sanctions imposed by its arch foe. US defense officials rejected that account, and said Iranians themselves had seized a tanker before taking it to Iranian waters.
UAE warns of reprisals for ‘Houthi attack’ on Abu Dhabi
The United Arab Emirates threatened reprisals against Yemen's Houthi rebels after suspected drone strikes killed three people in Abu Dhabi on Monday. "The UAE reserves the right to respond to these terrorist attacks and this heinous criminal escalation," a foreign ministry statement said.
