Abu Dhabi port eases restrictions on oil tankers going to and from Qatar

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Updated 08 June 2017

Abu Dhabi port eases restrictions on oil tankers going to and from Qatar

SINGAPORE/DUBAI: Abu Dhabi port authorities have eased restrictions on oil tankers going to and from Qatar, according to industry sources and shipping circulars seen by Reuters on Wednesday.
Abu Dhabi Petroleum Ports Authority issued a new circular on Wednesday removing previous restrictions on non-Qatar owned, flagged or operated vessels sailing to and from Qatar.
This effectively allows direct trade between the two ports and co-loading of crude cargoes, a Singapore-based shipbroker said.
A Middle East-based industry source said there had been no official notification on halting the co-loading of crude cargoes.
The ban on vessels carrying the Qatari flag and vessels owned or operated by Qatar is still in place, according to the circular.
But given there are few Qatari-flagged or owned vessels, this is unlikely to have as big an impact on the market as the previous circular, the shipbroker added.
Reuters reported on Wednesday two very large crude carriers (VLCCs), which can each carry up to 2 million barrels of oil, loaded Abu Dhabi grades on Wednesday, despite having taken Qatari crude in an earlier leg of the voyage.
On Monday, Saudi Arabia’s Ports Authority told shipping agents not to accept vessels flying the Qatari flag or ships owned by Qatari companies or individuals, it said on its Twitter account, adding that Qatari goods would be barred from unloading in Saudi ports.
On Wednesday, Saudi’s Ras Tanura oil port issued a notice stressing the restrictions issued earlier by the Saudi Ports Authority, according to a copy seen by Reuters.


Construction in full swing for Expo 2020 Dubai

Updated 5 min 27 sec ago

Construction in full swing for Expo 2020 Dubai

  • Turnover of the Expo 2020-owned facilities is expected by the end of this year
  • 192 countries have confirmed participation at the upcoming world expo

DUBAI: The Expo 2020 on Tuesday gave a preview of the ongoing construction of the vast new site in the south of Dubai, one year ahead of its opening in October next year.

Journalists from different parts of the world were quickly toured at one of the main areas of the site – the Sustainability District – as well as the nine-story media center. A preview of the Al Wasl Dome, the central building at the site which will host the Expo’s major events, was also shown at the tour.

The other two areas such as the Mobility and Opportunity districts were only available for viewing from the rooftop of the media center. Massive cranes, construction materials and a number of laborers were seen at the site.

Turnover of the Expo 2020-owned facilities is expected by the end of this year, while individual country pavilions have their own deadlines to finish construction, organizers told Arab News.

Some countries have already either broken ground or started building their pavilions, including Saudi Arabi, the UAE and Japan. Others are expected to break ground in the coming months.

192 countries have confirmed participation at the upcoming world expo.

The tour was part of a three-day global media briefing, which started with a count-down concert on Sunday by American singer Mariah Carey at Burj Park.

The six-month Expo 2020, to be held at a vast new site in the south of Dubai, will officially open on Oct. 20 next year, with organizers expecting an estimated 25 million visitors.