Greek shipping firm continues Gulf trade despite Hormuz security risks

Greek shipping firm continues Gulf trade despite Hormuz security risks

Greeek shipping magnate George Prokopiou’s Dynacom Tankers Management is continuous to trade via the Gulf, despite the security risks and disrupted shipping patterns within the Strait of Hormuz, with one other tanker now recorded as having made the passage. According to TradeWinds, the Malta-flagged Suezmax Odessa, a 150,000-dwt tanker inbuilt 2013, handed via the strait on April 13, the identical…

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US THAAD System Destroyed by Iran: Gulf countries’ 2-billion bill for American leaky missile defence umbrella

US THAAD System Destroyed by Iran: Gulf countries’ $142-billion bill for American leaky missile defence umbrella

The centerpiece of America’s safety umbrella that it promised for the Gulf nations was all the time its vaunted missile defence programs, particularly, Lockheed Martin’s Terminal High Altitude Area Defense (THAAD), paired with Patriot PAC-3 batteries. In the US, defence firms form the federal government’s priorities. So, these programs have been offered because the gold…

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UK start-up to supply interceptor missiles to UK military and Gulf partners

UK start-up to supply interceptor missiles to UK military and Gulf partners

Defence Secretary declares Cambridge Aerospace set to supply new interceptor missiles and launchers to the UK Armed Forces and Gulf partners. Interceptor missile generally known as ‘Skyhammer’ is designed to counter Shahed-style assault drones, with the primary deliveries in May. Comes as Defence Secretary opens the London Defence Conference, bringing collectively worldwide leaders and policymakers from authorities, military, trade, academia. The UK military and Gulf partners can be higher protected towards drone assaults, as a veteran-founded British start-up is…

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Chevron Confirms Oil Discovery at Bandit Prospect in Gulf of America

Chevron Confirms Oil Discovery at Bandit Prospect in Gulf of America

HOUSTON–(BUSINESS WIRE)–Chevron Corporation (NYSE:CVX) at the moment confirmed an oil discovery at the Bandit prospect in the Gulf of America, as introduced by operator Occidental. The exploration nicely is situated in Green Canyon Block 680, about 125 miles south of the Louisiana coast. The nicely encountered high-quality, full-to-base oil-bearing Miocene sands. The co-owners are at…

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Kuwait’s power, water plants damaged as Iran keeps attacking Gulf states | News

Kuwait’s power, water plants damaged as Iran keeps attacking Gulf states | News

Kuwait says Iranian drone assaults have damaged two energy and water desalination plants and sparked fires at two oil services however haven’t triggered accidents. Gulf countries have borne the brunt of Tehran’s response to the US and Israeli strikes on Iran since February 28. Recommended Stories listing of 4 gadgetsfinish of listing Fatima Abbas Johar…

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Why Iran’s threat to destroy water facilities could spell disaster for Gulf countries | US-Israel war on Iran

Why Iran’s threat to destroy water facilities could spell disaster for Gulf countries | US-Israel war on Iran

Iran has threatened “irreversible destruction” of water infrastructure throughout Gulf countries, if the US follows by way of on Donald Trump’s threat to assault Iran’s electrical energy grid. In a desert area closely dependent on desalination for consuming water, it has raised worry of mass disruption to water provides that are a civilian and financial…

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