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Gulf Navigation confirms Fujairah oil storage and tanker operations running normally

Gulf Navigation confirms tankers and Fujairah storage operating normally

Last updated: March 04, 2026 | 11:16

Nivetha Dayanand, Assistant Business Editor

2 MIN READ

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Gulf Navigation confirms Fujairah storage and tanker operations running normally.

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Dubai: Shipping and maritime logistics firm Gulf Navigation Holding said its operations continue without disruption despite heightened tensions across the Middle East, confirming that petroleum storage facilities and tanker fleets remain fully operational.

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The company said petroleum products and crude oil storage facilities in Fujairah are operating at full capacity, providing storage, handling and logistics services according to approved plans while maintaining commitments to customers and strategic partners.

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“Gulf Navigation Holding confirms that the Group’s operations continue as normal and without interruption, reflecting the resilience of its business model and the integration of its asset base,” the company said in a disclosure.

Operations at the firm’s Fujairah facilities remain active despite a recent security incident in the area.

Fujairah operations continue after drone incident

Authorities in the Emirate of Fujairah said they responded on Tuesday morning to a fire that broke out in the Fujairah Oil Industry Zone after debris fell following the interception of a drone by air defence systems.

Officials confirmed that no injuries were reported and that the fire was quickly brought under control. Operations in the area resumed soon afterward.

The incident occurred one day before Gulf Navigation confirmed that its own operations in Fujairah remain unaffected. The company’s office and storage facilities are located roughly seven kilometres from the site where the fire occurred.

Authorities also urged the public to rely on official information sources and avoid spreading rumours or unverified claims during the current period of regional tensions.

Tanker fleet continues commercial voyages

The Dubai listed company said its fleet of vessels remains fully active, with oil and petrochemical tankers continuing their scheduled commercial operations.

“All vessels owned and managed by the Company, including oil and petrochemical tankers, are conducting their scheduled commercial operations without interruption,” the company said.

The firm added that vessel movements are monitored continuously through internal fleet management systems alongside third party Automatic Identification System tracking services.

“All Gulf Navigation vessels currently engaged in commercial voyages are operating outside internationally designated high risk areas and are transiting through commercially approved and safe maritime routes,” the company said.

No expected financial impact

Gulf Navigation said it does not currently expect the regional developments to materially affect its financial results.

“At this time, the Company does not anticipate any material adverse impact on its financial results as a result of the current developments,” the disclosure said.

The update came shortly after the Dubai Financial Market reopened on Wednesday following a two day closure linked to the ongoing regional situation.

Nivetha DayanandAssistant Business Editor

Nivetha Dayanand is Assistant Business Editor at Gulf News, covering aviation, financial markets and commodities. A business and financial journalist with a strong interest in multimedia storytelling, she regularly takes complex financial and economic subjects beyond the written word, producing explainer videos that make them easier for a wider audience to understand. Nivetha has interviewed senior policymakers, business leaders and global financial figures both on and off camera. Her past guests include UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri, Khaled bin Alwaleed Al Saud, a member of the House of Saud and the founder and CEO of KBW Ventures, Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund and Indian ministers Hardeep Singh Puri and N. Chandrababu Naidu. She has also hosted and moderated panels, conferences and awards shows, bringing her newsroom experience to live conversations on business, finance and the economy. An Erasmus Mundus journalism alum, Nivetha is drawn to stories that affect people directly and to reporting that gives a platform to voices that might otherwise go unheard. She was among the first journalists to speak to Petrofac employees in the UAE about unpaid salaries, broke the news of the planned demolition of Dubai’s well-known “Toyota Building”, and helped set the record straight on widely circulated claims that a giant replica of the Moon was coming to Dubai. More recently, her exclusive interview with EDGE Group CEO Hamad Al Marar revealed how the UAE-based defence group deployed its systems along the country’s shore border and established a geofence around the UAE within 48 hours of the February 28 escalation. Prior to joining Gulf News, Nivetha worked at ITP Media, where she helped launch Finance Middle East, a new publication covering the region’s financial sector. Her role spanned reporting and editing, video production, interviews and events. Across print, digital, and video, she focuses on finding the people behind business stories and explaining why those stories matter to the audience reading or watching them.

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