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Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.
  • Second aid ship prepares to leave for Gaza from Cyprus

    According to Cyprus foreign ministry spokesperson, the ship will depart for Gaza today even as US charity World Central Kitchen said that the Jennifer had been loaded with 240 tonnes of food but that rough weather made it hard to predict when it would set sail for the Gaza Strip.
  • PIF acquires 40% of Zamil Offshore

    Zamil is one of the largest offshore support vessel operators.
  • Houthi rebels target commercial vessel with a missile

    Maritime security firm Ambrey said that a merchant ship had been targeted with a missile in southwest of Aden, Yemen. The vessel has reported an explosion on board, Ambrey said. The security firm said it was aware that a missile was fired from Taiz. It comes after Houthis claimed an...
  • Responding to Arabian Sea vessel hijack, says India navy

    According to the navy, it "responded swiftly to a maritime incident in Arabian Sea involving a hijacking attempt" of a Liberian-flagged bulk carrier ship. The incident comes at a time when many vessels have been rerouted from the Red Sea, where Yemen's Houthi rebels have carried out drone and missile...
  • Yanbu industrial port receives first RORO vessel, carrying nearly 2,000 cars

    Yanbu, Saudi Arabia - The King Fahad Industrial Port in Yanbu welcomed the arrival of the "Hoegh Sydney," marking the first-ever RORO (roll-on/roll-off) vessel received through transshipment. The milestone was made possible by the partnership with global maritime transportation services provider Hoegh Autoliners.The ship carried a total of 1,984 cars....
  • Maritime agencies report explosion off Yemen coast

    Dubai, UAE - A "possible explosion" struck a key shipping lane off Yemen on Monday, two maritime agencies said, the latest incident in the vital waterway threatened by Houthi rebel attacks.The British military’s United Kingdom Maritime Trade Operations issued a warning of a potential explosion striking near a vessel passing through the...
  • One missing after tugboat sinks in Suez collision with tanker

    The authorities in charge of the waterway said that a tugboat sank and a cew member had gone missing after the vessel collided with a tanker. A salvage team had located the wreckage following the accident and the waterway was being cleared and the team rescued six of the seven...
  • Israeli court orders government to release seized Palestinian boat

    GAZA CITY, PALESTINIAN TERRITORIES - Israel returned a boat to a Gaza fisherman it had seized for allegedly breaching the limits of the Palestinian enclave's fishing zone, an NGO said on Sunday, following an Israeli court order.Israeli authorities had called for the vessel, belonging to fisherman Mohammad al-Hissi, to be permanently confiscated,...
  • ADNOC L&S gets new VLCC

    VLCCs carry almost 2 million barrels of crude per voyage.
  • AD Ports signs deal with Crystal Offshore to develop repair facilities

    Abu Dhabi, UAE--AD Ports Group has signed a 25-year agreement with the Singapore-based company Crystal Offshore, a recognised one-stop logistics solution provider to the marine & offshore Industry.Under the agreement’s terms, a 20,000 square metre plot of land and an associated quay wall in Khalifa Port will be allocated for...
  • AD Ports adds drydock services at Khalifa Port in expansion drive

    Abu Dhabi, UAE— AD Ports Group will add drydock services to its portfolio at Khalifa Port in an expansion of its range of port and marine logistics services.With this expansion, from container and cargo handling to vessel repairs and maintenance, Khalifa Port aims to better serve existing clients and attract...
  • US tells Beijing to stop ‘provocative and unsafe conduct’ in South China sea

    Washington, United States--The US called on China Saturday to stop its "provocative and unsafe conduct" in the disputed South China Sea, after a Chinese coast guard ship recently cut off a Philippine patrol vessel there, causing a near-collision.State Department spokesman Matthew Miller, in a statement two days before President Joe Biden...
  • US Navy says seizes weapons en route from Iran to Yemen

    DUBAI, UAE  - The US Navy said Tuesday it had seized over 2,000 assault rifles smuggled on a fishing boat along a maritime route from Iran to Yemen.The cargo was discovered on Friday off the coast of Oman "on a route historically used to traffic illicit cargo to the Huthis in...
  • 61 dead in migrant shipwreck off Syria coast, says Lebanon

    At least 61 migrants drowned when a boat they boarded in Lebanon sank off Syria's coast, a Lebanese minister said, the deadliest such shipwreck from Lebanon in recent years.
  • Gulf Navigation repays loan

    The $2.7m loan was financed by "Rasmala" for a vessel.
  • Pentagon says Iran seized, and later released, US navy vessel

    The US Central Command's 5th Fleet said a support ship from Iran's Islamic Revolutionary Guard Corps Navy, the Shahid Baziar, was spotted towing the seven-meter (23-foot) Saildrone Explorer unmanned surface vessel (USV) late Monday.
  • Tension spikes between Lebanon and Israel over gas field

    Hundreds of people and several lawmakers protested Saturday in southern Lebanon against Israel moving a gas production vessel into an offshore field partly claimed by Beirut. Lebanon's powerful Iran-backed Hezbollah group this week warned Energean against proceeding with its activities.
  • Al Seer buys two new ships

    The firm, a subsidiary of IHC, acquired the vessels for AED246m.
  • UN says ‘imminent’ Yemen oil spill would cost $20 bn to clean up

    The United Nations warned Monday that it would cost $20 billion to clean up an oil spill in the event of the "imminent" break-up of an oil tanker abandoned off Yemen. "Our recent visit to (the FSO Safer) with technical experts indicates that the vessel is imminently going to break...
  • Iran Guards seize vessel smuggling fuel in Gulf

    Iran's Revolutionary Guards seized a foreign vessel smuggling fuel in the Gulf and arrested its crew members, state media said Sunday, in the third such incident reported this month. The Guards "seized a foreign vessel carrying 200,000 liters of smuggled fuel in the Persian Gulf and directed it to Bushehr...
  • Iran Guards say ship smuggling fuel seized in Gulf, 7 arrests

    Iran's Revolutionary Guards said Friday they seized another vessel smuggling fuel in the Gulf and arrested its seven crew members, the second such incident in as many weeks. "Naval forces have seized a vessel carrying smuggled fuel in the Persian Gulf," said Gholamhossein Hosseini, a public relations official of the...
  • Powered solely by renewables, PORRIMA docks at Dubai Harbour

    Dubai Harbour welcomed the Swiss experimental vessel powered solely by renewables, PORRIMA, to its marinas on Thursday as part of its worldwide journey across five continents called the Blue Odyssey. Choosing Dubai Harbour for its second world destination, the first-of-its-kind solar, wind and hydrogen-powered ship has travelled more than 11,000...
  • King Abdulaziz Port records highest daily container throughput

    The King Abdulaziz Port in Dammam recorded the highest daily container throughput at Saudi ports by handling a total volume of 18,020 TEUs on a single vessel. The port succeeded in achieving the feat through its integrated operational mechanism of maritime and logistical services. Additionally, the landmark milestone was reached...
  • Megaship that blocked Suez heads back to Asia

    The MV Ever Given had "successfully crossed" the canal after unloading its cargo in Britain and was now on its way to China, Suez Canal Authority chief Osama Rabie said on Friday. Rabie said that the vessel's passage on Friday was overseen by "senior" guides of the authority.
  • Saudi navy’s fourth warship under Sarwat project unveiled

    Warships being built under the Sarwat project will be equipped for electronic wars and surpass the capabilities of many navies in the world