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19 December 2025

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United Arab Shipping mulls bond

United Arab Shipping Company (UASC), jointly owned by a group of Gulf Arab states and Iraq, has picked banks for

GCC freight volumes drop by 10%

Volume of freight being shipped into and outside the GCC in container ships has dropped by more than 10 per cent as

Maersk Line resumes service from Dubai to Iraq

Maersk Line has resumed vessel movements to Iraq after several months of suspension due to the worsening security

Rise in oil price lifts shipping operating costs

The increase in oil prices has shot up the bunker or fuel cost of ships that, in turn, has added to the operating costs

Marine paint firms face 30% demand fall

Plagued by a steep drop in freight rates and to a lesser extent a loss in volumes, shipping companies are saving on

- Pacific International Lines and DP World sign MOU to Jointly Develop Green Solutions for Global Supply Chains

- Pacific International Lines and DP World  sign MOU to Jointly Develop Green Solutions for Global Supply Chains

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Emarat Maritime eyes more success beyond the region

  Many players in the global shipping industry are seeking to benefit from the Middle East’s growing shipping market –

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ADNL in lease finance deal

Abu Dhabi National Leasing (ADNL), a subsidiary of National Bank of Abu Dhabi, has lease financed for two new dry bulk

'Dubai should set up open shipping registry'

Dubai should set up an open shipping registry and an international shipping line, said the president of National

Dubai ranks first in the Arab world and fifth globally in the International Shipping Centre Development Index

Dubai continues to maintain its leadership in the global maritime sector, ranking among the top five globally in the

Oman and Etihad Rail Company, Emirates Steel Arkan partner to transport raw limestone from Oman to UAE

Oman and Etihad Rail Company (OERC), the developer and operator of the UAE-Oman Rail Network, signed a Memorandum of

Shipping firms to raise freight rates to cover loss

A few shipping lines carrying cargo from the Middle East are expected to raise freight rates in the next few months to