Bahri reports a net income of SAR 800.3 million in 2017, down by 53.4% from the previous year’s SAR 1.7 billion.
Unique Group has added underwater laser scanners from Newton Labs to its line of subsea technology. The Newton underwater laser scanners provide images and 3D modeling of subsea structures and the seabed and are part of a wide range of products with scanning ranges out to 10 meters and resolutions t
2018 is not likely to be the turning point for the crude oil tanker market amid continued VLCC deliveries.
Oslo-listed marine seismic player Polarcus tightened its quarterly net loss despite lower revenues and impairment charges.
Milaha’s profit drops by 33.9% year-on-year, pressured by significant challenges in shipping sectors.
EU-backed Master in Renewable Energy in the Marine Environment (REM) initiative has opened the application process for the 2018-2020 edition.
Djibouti cancelled DP World’s concession contract due to the recent poor performance of the DCT.
Nakilat recorded a net income of QAR 847.2 million in 2017, down from QAR 955.4 million posted a year earlier.
The consolidation drive in the container shipping sector through mergers and acquisitions to slow down in 2018.
ADNOC has signed an agreement with Japan’s Inpex awarding the company a 10 per cent interest in Abu Dhabi’s offshore Lower Zakum concession.
Tidal Energy Today has compiled the top news from tidal and wave energy industry from February 19 – 25, 2018.
UK-based offshore drilling giant Ensco, which further expanded its rig fleet through an acquisition of the U.S.-based rival Atwood Oceanics, on Tuesday released its quarterly fleet status report, revealing a number of new contracts and extensions for its fleet.
DP World has launched new arbitration proceedings in London against the Government of Djibouti.
Djibouti terminated the concession contract with DP World for the operation of the Doraleh Container Terminal.
