Search results for: Red Sea market

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A list of search results

  • 25 April 2014
    Business & Finance

    In preparation for the coming peak season, Evergreen Line is implementing service enhancements for the Red Sea market. The carrier will adjust the port rotation of its Far East – Red Service (FRS) and launch a new feeder loop. In addition, the line intends to further strengthen its Red Sea service network via slot exchange […]

  • 21 March 2014
    Business & Finance

    The CMA CGM Group introduced the new Asia Southern Red Sea Express (REX3), a new fixed-day weekly service that will provide more efficient services to customers starting on May 8, 2014. This new service is in addition to existing Asia Northern Red Sea Express (REX2) which together will improve port coverage to meet the growing […]

  • 16 October 2014
    Business & Finance, Equipment

    Nimrod Sea Assets has completed its third acquisition by investing $10.6 million in a 99.5% stake in DSV Alliance DIS which has purchased the Seamec Alliance and will be renamed Red7Alliance.   Red 7 Alliance, a dive support vessel, will be back-to-back bareboat chartered to Red7Marine Group, a provider of equipment and services to the […]

  • 16 October 2014
    Business & Finance

    Nimrod Sea Assets Limited has completed its third acquisition by investing USD 10.6 million in a 99.5% stake in DSV Alliance DIS which has purchased the Seamec Alliance and will be renamed Red 7 Alliance. Red 7 Alliance, a dive support vessel, will be back-to-back bareboat chartered to Red7Marine Group, a specialist provider of equipment […]

  • 26 May 2017
    Business & Finance

    The number of trade lanes served by the Korean deep sea lines has decreased as well as their deployed capacity following Hanjin’s demise and Hyundai’s reduction in regions served, MDS Transmodal consultancy said in its latest review of non-alliance liners. As explained, the non alliance shipping lines are characterised by having fleets of smaller size vessels, […]

  • 24 October 2014
    Business & Finance

    Red7Marine Offshore, the UK’s leading independent air diving provider based in Great Yarmouth and Aberdeen, will add saturation diving to its wide range of offshore and subsea services to the oil & gas and renewables markets with diving support vessel Red7Alliance. Capable of working worldwide, the vessel will operate from the company’s Great Yarmouth marine […]

  • 12 October 2012
    Business & Finance, Equipment, Technology

    As an established provider of specialist subsea services to the offshore energy markets, Red7Marine continues to develop its range of fully integrated bespoke equipment and has made a commitment to being considered ‘The Partner of Choice’ where subsea excavation solutions are required. Following an extensive review of displacement and relocation of a variety of seabed […]

  • 12 October 2012
    Business & Finance, Equipment

    As an established provider of specialist subsea services to the offshore energy markets, Red7Marine continues to develop its range of fully integrated bespoke equipment and has made a commitment to being considered ‘The Partner of Choice’ where subsea excavation solutions are required. Following an extensive review of displacement and relocation of a variety of seabed […]

  • 24 May 2012
    Business & Finance

    APL Co. Pte Ltd and Pacific International Lines (Pte) Ltd (PIL) yesterday announced the launch of a new joint service linking the Far East and Red Sea. In a joint statement made by both carriers, APL and PIL said the Red Sea is an important market for exporters in Central and Southern China. By providing […]

  • 4 November 2014
    Business & Finance

    Red7Marine Offshore has appointed Martin Myhill Sisley as its first chief executive. Martin Myhill Sisley joins the UK’s independent air diving provider as its new specialist vessel, Red7 Alliance, arrived at its Great Yarmouth base. The vessel – part of the company’s £25m investment in equipment this year – sailed into Great Yarmouth harbour on […]

  • 4 November 2014
    Business & Finance, Operations & Maintenance

    Red7Marine Offshore has appointed its first chief executive. Martin Myhill Sisley joins the UK’s independent air diving provider as its new specialist vessel, Red7 Alliance, arrived at the Great Yarmouth base. With 25 years offshore industry experience, Sisley is looking to expand the Great Yarmouth and Aberdeen-based company further, developing its expertise, fleet and services, exploring […]

  • 17 November 2016
    Business & Finance

    French container shipping major CMA CGM has launched REX3, a new service connecting Asia and the Red Sea.  The new service will link Djibouti, Saudi Arabia, Egypt, Jordan, Singapore and China. In addition to the calls offered in the company’s REX2, MEX1 and EPIC lines, CMA CGM said it now operates an additional stop, Djibouti, […]

  • 25 November 2014
    Equipment

    Fast-growing offshore company Red7Marine Offshore has expanded its subsea services to North Sea clients by investing in a fleet of remotely operated vehicles (ROVs). The eight observation class ROVs add a new strand to the portfolio offered by the ambitious marine offshore and subsea contractor. The investment – part of a £25 million investment in […]

  • 18 August 2017

    Norwegian Ocean Bottom Seismic services provider Magseis saw its revenues rise to $19.4 million in the second quarter, boosted by work in Saudi Arabia and Norway. The company said its survey in with the Artemis Athene vessel in the Red Sea, being done for Saudi Aramco, along with OBN work for ConocoPhillips in the Eldfisk […]

  • 26 April 2018

    Houthi forces in Yemen are said to be holding 19 oil vessels in the anchorage area off Hodeida.

  • 28 August 2019
    Business & Finance

    Some 3.6 million b/d moved north toward Europe, while 2.6 million b/d was shipped mainly to Asian markets.

  • 13 January 2012
    Business & Finance, Operations & Maintenance

    A global subsea engineering firm is working on a major North Sea contract worth in excess of £2million. Rotech Subsea, which is headquartered in Aberdeen and owned by Norwegian firm Reef Subsea, is involved in a subsea excavation project with marine construction firm Red7Marine on what will be the UK’s largest operating wind farm. The […]

  • 13 January 2012

    A global subsea engineering firm is working on a major North Sea contract worth in excess of £2million. Rotech Subsea, which is headquartered in Aberdeen and owned by Norwegian firm Reef Subsea, is involved in a subsea excavation project with marine construction firm Red7Marine on what will be the UK’s largest operating wind farm. The […]

  • 13 January 2012

    A global subsea engineering firm is working on a major North Sea contract worth in excess of £2million. Rotech Subsea, which is headquartered in Aberdeen and owned by Norwegian firm Reef Subsea, is involved in a subsea excavation project with marine construction firm Red7Marine on what will be the UK’s largest operating wind farm. The […]

  • 2 November 2009

    In response to requests from clients and the shipping public for quicker transit times to the Red Sea, Gulf and the Middle East markets, MSC Mediterranean Shipping Company announced a rotation change on its GGS USAEC / Far East service, which had previously sailed via the Cape of Good Hope, but will now sail through […]

  • 14 February 2020
    Business & Finance

    PIL is to withdraw its services from the Transpacific market to optimize network efficiency.

  • 1 February 2011
    Business & Finance

      Electromagnetic Geoservices ASA (EMGS) announces that it has today signed a contract worth approximately USD 12.5 million with an oil company in the Kingdom of Saudi Arabia. The vessel BOA Galatea (photo) will acquire both 3D electromagnetic (EM) and magnetotelluric (MT) data in the Red Sea over a three-month period. Mobilization is expected in […]