UAE

UAE now open for crew changes

The United Arab Emirates (UAE) decided to continue its crew change activities in all its ports and waters. Namely, according to the Federal Transport Authority, UAE will open crew changes to all ports across the nation’s seven emirates.

Abu Dhabi Stations, ATCUAE to advance trade and transport

Abu Dhabi, ADT and the UAE’s Automobile and Touring Club (ATCUAE) will cooperate to strengthen the international road transport system (Internationaux Routiers) regarding the maritime movement of goods under import, transit and export customs regulations using Abu Dhabi Terminals (Khalifa Port) located in Abu Dhabi.

Oil market can achieve up to 3m barrels per day from April

Rystad Energy estimated that the extra oil coming into the global market from April will be as much as 3 million barrels per day (bpd), while OPEC+ countries are able to add next month 2 million bpd, according to their storage, spare capacity and ramp up capabilities.

ADNOC aims for more oil

ADNOC, UAE’s oil giant, stated that it will boost its efforts and produce more oil, aiming to increasing the supply to over 4 million barrels per day in April 2020, following the collapse of the OPEC+ agreement and the oil price war between Saudi Arabia and Russia.

ADNOC to expand its carbon capture and storage program

UAE’s oil and gas firm ADNOC announced expansion of its Carbon Capture Utilization and Storage (CCUS) program, as part of its goal to become one of the least carbon-intensive oil and gas producers in the world, in line with its 2030 strategy. 

Fincantieri, Marakeb join forces on autonomous technology

Italian shipbuilder Fincantieri and UAE-based autonomous technology provider Marakeb Technologies signed a Memorandum of Understanding in order to explore global collaboration opportunities in the field of autonomous technology. 

maritime events