Saudi Arabia Archives - Page 56 of 56 - Maritime Shipping News

IRS to expand operations

1 November 2018

Indian Register of Shipping (IRClass), the fast-growing international classification society, has announced it is to further expand its operations into the Middle East and Africa (MEA) region. The organisation plans to open new offices in Saudi Arabia, Qatar, Egypt, Lebanon and Nigeria over the coming months.

The expansion is designed to cater for the needs of the growing number of IRS customers within this region and establish closer connections with flag administrations, ship owners, shipyards...

https://www.themaritimestandard.com/irs-expand-operations/

Central banks greening financial system, Politics in the Middle East podcast

31 October 2018

Commentary: Central banks greening financial system

By Danae Kyriakopoulou in Geneva

Central banks’ remits have changed profoundly since the 2008 financial crisis, notably – and sometimes controversially – in relation to their monetary policy practices and quantitative easing policies. Their remits are beginning to expand into another, unexpected field: climate change.

The recognition of climate-related disruption as a source of financial risk is propelling this expansion, and central banks can...

http://www.allaboutshipping.co.uk/2018/10/31/central-banks-greening-financial-system-politics-in-the-middle-east-podcast/

GPS interference reported near Jeddah Port

29 October 2018

According to the US Maritime Administration (MARAD), GPS interference has been reported near Jeddah Port, Saudi Arabia, near the position 21-29N, 039-09E on October 15th and 18th, 2018.

These incidents have not been confirmed, but according to MARAD, this interference is resulting in either inaccurate positions or no position.

Exercise caution when transiting this area

MARAD warns.

In order to deal with GPS problems, US MARAD recommends operators to follow the below steps:

Reset your device by...

https://safety4sea.com/gps-interference-reported-near-jeddah-port/

Panel: Iran Benefits from Saudi Arabia’s Involvement in Yemen

26 October 2018

Iranian leaders are gaining leverage and advantage over Saudi Arabia and its allies as the conflict in Yemen drags on, a leading expert in Middle East security issues said Thursday.

Tehran has spent “a pittance” in support of the Houthis while the Saudis with American intelligence and support for its fighter and strike aircraft and ground forces have spent $50 billion since 2015 trying to defeat them, Bruce Riedel said at the Brookings Institution in Washington, D.C.

Iran has used Hezbollah, its...

https://news.usni.org/2018/10/26/panel-iran-benefits-saudi-arabias-involvement-yemen

Saudi Arabia to become third partner in China Pakistan Economic Corridor

24 September 2018

Pakistan invited Saudi Arabia to become the third partner in the Belt and Road initiative of major infrastructure projects inside Pakistan, as Pakistan’s information minister said last week.

The Minister Fawad Chaudhry proceeded to the above statement during the trip of Pakistan’s new Prime Minister Imran Khan to Saudi Arabia.

According to Reuters, Mr. Chaudhry did not reveal if Saudi Arabia would be loaning money to Pakistan, but he mentioned that he expects Saudi Arabia to invest in Pakistan in...

https://safety4sea.com/saudi-arabia-to-become-third-partner-in-china-pakistan-economic-corridor/

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