Bloomberg Saudi Arabia will build a maritime complex on its east coast, with shipbuilding capability, to provide sufficient capacity for exporting oil, Energy Minister Khalid Al-Falih said. The country, the world’s largest oil-producing nation, eventually will have a shipping fleet that will match its oil capabilities, Al-Falih said in Riyadh. Saudi Arabian Oil Co., or Aramco, will need more ...

  Reuters National Shipping Company of Saudi Arabia (Bahri) is planning to increase its fleet size to around 46 ships by the end of 2018, a senior executive said on Sunday. The figure would likely make the company, the exclusive oil-shipper of Saudi Aramco, the world’s largest operator of very large crude carriers (VLCCs), Naser al-Abdulkareem, Bahri’s president of oil ...

  Reuters A wetland in southeast Iraq, thought to be the biblical Garden of Eden and almost completely drained during Saddam Hussein’s rule, has become a UNESCO world heritage site, Iraqi authorities said on Sunday. Fed by the Tigris and Euphrates rivers, the marshlands of Mesopotamia are spawning grounds for Gulf fisheries and home to bird species such as the ...