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Saudi Arabia News

Saudi Arabia May Re-Route Tankers if U.S. Imposes Crude Import BanSaudi Arabia May Re-Route Tankers if U.S. Imposes Crude Import BanSaudi Arabia is exploring re-routing millions of barrels of oil onboard tankers sailing to the United States if President Donald Trump decides to block imports of crude from the kingdom, shipping and trade sources say.23 April 2020 Thursday 17:40
Saudi Arabia Buys 8.2 Pct Stake in Carnival CorporationSaudi Arabia Buys 8.2 Pct Stake in Carnival CorporationThe Public Investment Fund from Saudi Arabia has taken 8.2 percent stake in the world’s largest cruise shipping company Carnival Corporation.07 April 2020 Tuesday 13:57
Saudi Arabia Tanker Power Play Could Backfire as Oil Demand ShrinksSaudi Arabia Tanker Power Play Could Backfire as Oil Demand ShrinksTop exporter Saudi Arabia has chartered an armada of ships to flood the market with additional oil, but in the process has driven freight costs so high refiners are reluctant to take the shipments.24 March 2020 Tuesday 09:45
TGA Vice Chairman: Registering Ships under Saudi Arabia’s Flag Now Takes Less Than 2 MinutesTGA Vice Chairman: Registering Ships under Saudi Arabia’s Flag Now Takes Less Than 2 MinutesThe growth of the Saudi Arabian flagged fleet by 28 percent in 2018 can be largely attributed to improvements achieved by the country’s maritime authority06 November 2019 Wednesday 17:05
LPG Shipping Market Brushes off Saudi Arabia Drone AttacksLPG Shipping Market Brushes off Saudi Arabia Drone AttacksThe September drone attacks on Saudi Arabian oil facilities that affected 60% of the country’s LPG production did not end up having a considerable impact on the global LPG shipping market, according to maritime research consultancy Drewry.03 October 2019 Thursday 15:37
SAMINavantia Starts Construction Of First RSNF Corvette In CadizSAMINavantia Starts Construction Of First RSNF Corvette In CadizSAMI Navantia Naval Industries (SAMINavantia), a joint venture between Saudi Arabian Military Industries (SAMI) and Navantia S.A., marked the launch of construction for the first of five Avante 2200 corvettes with an official keel-laying ceremony in Cadiz03 October 2019 Thursday 09:56
UAE joins U.S.-led coalition for maritime securityUAE joins U.S.-led coalition for maritime securityThe United Arab Emirates (UAE) has agreed to join the International Alliance for the Safety and Protection of Maritime Navigation to secure sea lanes, Salem Al Zaabi, director of security cooperation21 September 2019 Saturday 09:54
Yemen's Houthis propose truce with Saudi ArabiaYemen's Houthis propose truce with Saudi ArabiaYemen's Houthi rebel group announced Friday that they had halted attacks on Saudi Arabia and called on Riyadh to make a similar move.21 September 2019 Saturday 09:50
Saudi Arabia joins US-led maritime coalition after attackSaudi Arabia joins US-led maritime coalition after attackSaudi Arabia said Wednesday it joined a U.S.-led coalition to secure the Mideast’s waterways amid threats from Iran after an attack targeting its crucial oil industry.18 September 2019 Wednesday 09:5
Brent Oil Rises to Over $81 for Week BeginningBrent Oil Rises to Over $81 for Week BeginningInternational crude benchmark Brent increased to $81.42 per barrel at 06.54 GMT on Monday, while American benchmark West Texas Intermediate (WTI) saw prices of $71.97 per barrel.10 November 2018 Saturday 13:30
Saudi Shipper Bahri to Seek Acquisitions in AsiaSaudi Shipper Bahri to Seek Acquisitions in AsiaSaudi Arabia’s Bahri is targeting acquisitions in Asia and the Middle East as the exclusive oil shipper for state energy giant Saudi Aramco seeks to expand its reach, the chief executive said on Wednesday.08 November 2018 Thursday 11:40
Saudi Arabia May Invest Billions in Pakistani Port of GwadarSaudi Arabia May Invest Billions in Pakistani Port of GwadarPakistani officials confirmed Thursday that Saudi Arabia will make heavy investments in the China Pakistan Economic Corridor (CPEC), a central pillar of China's international Belt and Road Initiative (BRI) of infrastructure projects.21 September 2018 Friday 09:30
Saudi Arabia Considers Building Oil Port in YemenSaudi Arabia Considers Building Oil Port in YemenSaudi Arabia may be planning to construct an oil terminal in al-Mahra, Yemen, an area that Saudi-allied forces currently control.25 August 2018 Saturday 11:00
Saudi Arabia Halts Oil Shipments Through Bab el-MandebSaudi Arabia Halts Oil Shipments Through Bab el-MandebOn Wednesday, Saudi Arabia's state oil company announced that it would suspend all shipments through the Strait of Bab el-Mandeb after an attack on its tankers off the coast of Yemen.26 July 2018 Thursday 10:45
Saudi Arabian OSV operator implements ABS NS software fleet wideSaudi Arabian OSV operator implements ABS NS software fleet wideABS and Saudi Arabia's Rawabi Vallianz Offshore Services (RVOS) are finalizing implementation of the ABS Nautical Systems (NS) fleet management software across its fleet of 44 offshore support vessels (OSVs).27 June 2018 Wednesday 14:49
Saudi Arabia and UAE Announce Plan to Protect Shipping Lane to Yemen’s Hodeidah PortSaudi Arabia and UAE Announce Plan to Protect Shipping Lane to Yemen’s Hodeidah PortSaudi Arabia and the United Arab Emirates announced a five-point aid plan for Yemen’s Hodeidah port and surrounding areas on Wednesday, after a Saudi-led alliance of Arab states launched an attack on Yemen’s Houthi-held main port city.14 June 2018 Thursday 11:30
Saudi Arabia to keep June Crude Oil Supply SteadySaudi Arabia to keep June Crude Oil Supply SteadySaudi Arabia, the world’s top oil exporter, will supply full contractual volumes of crude to two refiners in Asia in June, two sources with knowledge of the matter said on Thursday.11 May 2018 Friday 17:32
China-Bound U.S. Sorghum Cargoes Diverted to Saudi Arabia, JapanChina-Bound U.S. Sorghum Cargoes Diverted to Saudi Arabia, JapanThree of the cargoes are now sailing for Saudi Arabia after being sold to a private buyer, a U.S. trader and a Middle East-based trading source with knowledge of the matter said Tuesday.25 April 2018 Wednesday 12:55
Saudi Arabia Expects No Oil Supply Impact from Houthi Tanker AttackSaudi Arabia Expects No Oil Supply Impact from Houthi Tanker AttackAn attack on a Saudi tanker by Yemen’s Houthis will not hit oil supplies, Saudi Arabia’s energy minister said on Wednesday, after the Iran-allied group said it had targeted a warship in response to an air strike that killed civilians.05 April 2018 Thursday 12:09
Construction Begins on Saudi Arabia’s Massive Persian Gulf Maritime YardConstruction Begins on Saudi Arabia’s Massive Persian Gulf Maritime YardConstruction work has begun on a joint venture to build a shipyard on Saudi Arabia’s eastern coast, oil rig builder Lamprell Plc said in a statement on Friday.17 March 2018 Saturday 12:11
Saipem Bags New Offshore Contract in Saudi Arabia, West AfricaSaipem Bags New Offshore Contract in Saudi Arabia, West AfricaSaipem has been awarded a new E&C Offshore contract by Saudi Aramco for Engineering, Procurement, Construction (EPC) activities in Saudi Arabia, under the Long Term Agreement renewed in 2015 until 2021.04 December 2017 Monday 16:31
Tanker Market Suffers from Anti Corruption Campaign of Saudi ArabiaTanker Market Suffers from Anti Corruption Campaign of Saudi ArabiaOil markets have been feeling the pressure from the anti-corruption crackdown which has been going on since the past weekend in the Kingdom of Saudi Arabia.10 November 2017 Friday 17:41
Saudi Arabia imports 2million tons of wheat this yearSaudi Arabia imports 2million tons of wheat this yearThe Saudi Grains Organisation has awarded the third batch of imported solid wheat for 2017, amounting to 490,000 tons distributed to the European, American, and Australian sources22 August 2017 Tuesday 17:45
Saudi Arabia installing cranes at Yemen ports to boost aid deliverySaudi Arabia installing cranes at Yemen ports to boost aid deliverySaudi Arabia said on Thursday it was installing four cranes at three ports in Yemen to help boost humanitarian aid deliveries and was ready to assist with installing cranes at the key port of Hodeidah once it was under control of a neutral party.19 August 2017 Saturday 14:39
Coast Guard of Saudi Arabia opened fire on Iranian vesselsCoast Guard of Saudi Arabia opened fire on Iranian vesselsIn the Persian Gulf, the coast guard of Saudi Arabia opened fire on two Iranian fishing vessels. As a result of the incident, one person was killed, the Iranian television channel Press TV reported.19 June 2017 Monday 13:45
Saudi Arabia Becomes 55th State to Ratify BWM TreatySaudi Arabia Becomes 55th State to Ratify BWM TreatySaudi Arabia has ratified the Ballast Water Management (BWM) Convention, which is scheduled to enter into force on September 8, 2017.16 May 2017 Tuesday 14:52
37 Bahri Ships to Fly Saudi Arabia’s Flag37 Bahri Ships to Fly Saudi Arabia’s FlagNational Shipping Company of Saudi Arabia (Bahri) revealed plans to re-flag 32 of its very large crude tankers (VLCCs) and five of its mid-size carriers under the domestic flag by the end of 2017.19 April 2017 Wednesday 12:40
Saudi Arabia Aska U.N. To Supervision Yemen PortSaudi Arabia Aska U.N. To Supervision Yemen PortA Saudi-led coalition fighting in Yemen called on Sunday for the United Nations to place a strategic port under its supervision after a helicopter attack on a boatload of Somali refugees left 42 dead.20 March 2017 Monday 12:48
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