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Middle East

Albwardy Damen yards operating at full capacity

Albwardy Damen yards operating at full capacity

Strong demand from offshore customers is helping maintain high levels of utilisation at the company’s yards in Sharjah and Dubai UAE-based shipyard operator Albwardy Damen reports that its repair teams have been running at full capacity throughout 2023. This follows a very busy 2022 for the company. High oil prices have led to high levels […]

Oil transfer finally begins for stricken FSO Safer

Oil transfer finally begins for stricken FSO Safer

The salvage of the stricken oil tanker FSO Safer reached another milestone recently as the transfer of oil from the vessel finally got underway. The floating storage and offloading unit (FSO) is located 4.8 nautical miles off the coast of Yemen. The vessel has been increasingly deteriorating since it was abandoned in 2015.  Dutch salvage […]