Tehran’s state media says crude tanker Nora passed through what US calls a ‘steel wall blockade’
US military rejects Tehran’s claim that sanctioned VLCC sneaked though blockade Read More »
A drone strike that damaged two gas tankers in Egyptian waters has renewed energy security concerns about the nearby Suez Canal and a related pipeline, a vital export route for Saudi Arabian oil since the beginning of the Iran war.Even as Iran…
Security Concerns About Suez Oil Rise After Tanker Drone Strike in Egypt Read More »
Major Gulf bourses ended lower on Thursday as investor sentiment weakened amid mounting concern over escalating hostilities between the U.S. and Iran. The U.S. military said it struck dozens of Islamic Revolutionary Guard targets in Iran, including mil…
Gulf Markets Ease as US, Iran Hostilities Resume Read More »
Saudi Arabia on Thursday unveiled plans for a multinational maritime defence coalition aimed at protecting international shipping and energy supply routes in the Red Sea region after attacks by Yemen’s Iran-aligned Houthis disrupted one of the…
Saudi Arabia Launches Multinational Maritime Defense Coalition Plans Read More »
DOF Group ASA has been awarded firm contracts with a duration of more than 1 year and expected commencement in Q1 of 2027 for two of its AHTS vessels. The expected value of each contract is Significant, which DOF defines as contracts with value between…
DOF Group Awarded Two AHTS Vessel Contracts Read More »