Category Archives: Business & Finance

Al Rumaithi attends Chiefs of Staff meeting in Tamba, United States

FLORIDA, Lt. General Hamad Mohammed Thani Al Rumaithi, Chief of Staff of the UAE Armed Forces, attended today the meeting of the Chiefs of Staff of the GCC countries, Egypt and Jordan, in addition to the US Central Command, which …

How Iran fuel oil exports beat U.S. sanctions in tanker odyssey to Asia

At least two tankers have ferried Iranian fuel oil to Asia in recent months despite U.S. sanctions against such shipments, according to a Reuters analysis of ship-tracking data and port information, as well as interviews with brokers and traders.

The …

UAE Space Agency announces details of new 813 satellite

ABU DHABI, The UAE has initiated the creation of the first Arab Space Coordination Group along with 11 Arab nations to develop, 813, an advanced satellite to monitor earth, environment and climate, the UAE Space Agency announced today.

His Highness …

Ship owners worry about clean fuel bill as ports ban ‘scrubbers’

More ports around the world are banning ships from using a fuel cleaning system that pumps waste water into the sea, one of the cheapest options for meeting new environmental shipping rules.

The growing number of destinations imposing stricter regulations …

Sharjah Ruler attends opening of Sharjah Theatre Days

SHARJAH, H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, witnessed Tuesday evening the opening of the 29th Sharjah Theatre Days at the Sharjah Culture Palace, in the presence of H.H. Sheikh Abdullah bin …

Wait and see? Don’t risk inaction over IMO2020 fuel price

It is said that the only certain things in life are death and taxes. This is certainly the attitude the shipping industry should take towards the impending IMO2020 sulphur cap.

From the myriad reports, conferences, and press releases on this …