(MENAFN- Khaleej Times) [Editor’s Note: Follow Khaleej Times live blog amid Israeli, US strikes on Iran for the latest regional developments.]
Gulf Navigation Holding, a leading UAE-based maritime and shipping company, said on Wednesday that it will resume its operations without interruptions, one day after debris struck a nearby oil and gas company, erupting in flames.
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On Tuesday morning, fire broke out in Fujairah Oil Industry Zone after debris from an intercepted drone fell into the facility, which was brought under control with no injuries reported.
Gulf Navigation’s Fujairah office, which sits roughly 7 km away, will continue operating at full capacity, the firm said in disclosure. The facility houses petroleum products and crude oil storage, and will continue to provide storage, handling, and logistics services.
The shipping firm is listed on the Dubai Financial Market, which reopened on Wednesday following two days of closure due to the ongoing escalations.
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All vessels owned and managed by Gulf Navigation, including oil and petrochemical tankers, are conducting their scheduled commercial operations without interruption, the firm said, adding that it monitors vessel positions through its internal fleet management systems and third-party Automatic Identification System (AIS) tracking services.
These vessels that are currently at sea will not pass through internationally designated high-risk areas, instead going through commercial approved and safe maritime routes. The maritime and shipping company said it doesn’t expect any material impact on its financial results due to the current situation.
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UAE stock markets to resume trading from Wednesday after 2-day halt
MENAFN04032026000049011007ID1110816270
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UAE Shipping Firm Unaffected By Fujairah Drone Debris Incident
(MENAFN- Khaleej Times) [Editor’s Note: Follow Khaleej Times live blog amid Israeli, US strikes on Iran for the latest regional developments.]
Gulf Navigation Holding, a leading UAE-based maritime and shipping company, said on Wednesday that it will resume its operations without interruptions, one day after debris struck a nearby oil and gas company, erupting in flames.
Recommended For You
On Tuesday morning, fire broke out in Fujairah Oil Industry Zone after debris from an intercepted drone fell into the facility, which was brought under control with no injuries reported.
Gulf Navigation’s Fujairah office, which sits roughly 7 km away, will continue operating at full capacity, the firm said in disclosure. The facility houses petroleum products and crude oil storage, and will continue to provide storage, handling, and logistics services.
The shipping firm is listed on the Dubai Financial Market, which reopened on Wednesday following two days of closure due to the ongoing escalations.
** Stay up to date with the latest news. Follow KT on WhatsApp Channels.**
All vessels owned and managed by Gulf Navigation, including oil and petrochemical tankers, are conducting their scheduled commercial operations without interruption, the firm said, adding that it monitors vessel positions through its internal fleet management systems and third-party Automatic Identification System (AIS) tracking services.
These vessels that are currently at sea will not pass through internationally designated high-risk areas, instead going through commercial approved and safe maritime routes. The maritime and shipping company said it doesn’t expect any material impact on its financial results due to the current situation.
ALSO READ
Fire at Fujairah oil industry zone under control after drone debris falls
War risk shock: Insurers pull back as tankers pile up off Fujairah
UAE stock markets to resume trading from Wednesday after 2-day halt
MENAFN04032026000049011007ID1110816270