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No strait path to oversupply
Renewed hostilities are threatening the Gulf supply recovery underpinning forecasts for a massive oil glut
DP World puts 700 more trucks on the road + Jeddah’s new shipping line
Stories on our radar this morning from around the region
Adnoc L&S’ LNG newbuild program hits 18 vessels with a fresh USD 900 mn order
The order delivery is scheduled for 2029. Combined, the vessels will add 700k cbm of carrying capacity
TODAY: Adnoc L&S builds the fleet for its next gas era + Morocco's landlocked hedge takes shape near Fez
What we’re tracking this morning regionally and around the world
Adnoc grows crude storage with Seoul + DP World adds a 10th ship in India
Stories on our radar this morning from around the region
TODAY: Ruwais LNG nears full contracted capacity + Adnoc to acquire Shell’s South Africa downstream business
What we’re tracking this morning regionally and around the world
Safeen Drydocks lands AED 1.3 bn in vessel-construction orders
The company will design and fabricate four 140-meter multipurpose vessels and 18 specialized support units, including tugboats and pilot boats
TODAY: DAE + Neuberger launch a new aircraft-leasing vehicle
What we’re tracking this morning regionally and around the world
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