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Business & Finance

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Commercial Ops Launched at Fujairah Terminals, UAE
Business & Finance

Commercial Ops Launched at Fujairah Terminals, UAE

Commercial operations at Abu Dhabi Ports’ Fujairah Terminals, located on the East coast of the United Arab Emirates (UAE), were officially kickstarted on Saturday, September 23. Earlier this year, Abu Dhabi Ports signed a 35-year concession agreement with the Port of Fujairah, under which Fujairah T

about 9 years ago
Abu Dhabi Ports Kicks Off Operations at Fujairah Terminals
Business & Finance

Abu Dhabi Ports Kicks Off Operations at Fujairah Terminals

Abu Dhabi Ports (ADP) has started operations at Fujairah Terminals – located in the East coast of the United Arab Emirates – after signing a 35-year concession agreement with the Port of Fujairah earlier this year. Captain Mohamed Juma Al Shamisi, the chief executive of Abu Dhabi Ports, said: “As we

about 9 years ago
Port Development MENA Conference in Dubai
Business & Finance

Port Development MENA Conference in Dubai

With the significant number of seaport terminals lining the Arabian coasts, port authorities and operators continue to expand and upgrade their infrastructure in order to increase their market positions and stay competitive. The Middle Eastern ports sector has witnessed enormous growth over the last

about 9 years ago
Top news, September 18 – 24, 2017
Business & Finance

Top news, September 18 – 24, 2017

Tidal Energy Today has compiled the top news from tidal and wave energy industry from September 18 – 24, 2017.

about 9 years ago
Highlights of the Week
Business & Finance

Highlights of the Week

Dredging Today brings you an overview of the most popular stories from the past week (September 18-24, 2017). Royal IHC Launches NMDC’s First Custom-Built TSHD The launch ceremony of ARZANA – a 6,000m³ trailing suction hopper dredger (TSHD) – took place on September 20, at Royal IHC’s shipyard in

about 9 years ago
Bulker Ordering Frenzy: 110 Bulkers Ordered Since July
Business & Finance

Bulker Ordering Frenzy: 110 Bulkers Ordered Since July

Since the beginning of the second half of this year, shipowners have ramped up dry bulk ordering, bringing the newbuild count to 110 new ships in the last three months. The number has almost doubled when compared to 63 newbuilding orders from the first half of this year, according to the data from V

about 9 years ago
Construction of the Custom-Built TSHD ARZANA (VIDEO)
Business & Finance

Construction of the Custom-Built TSHD ARZANA (VIDEO)

National Marine Dredging Company (NMDC) has just released a 60-second video of the construction process of the 6,000m³ trailing suction hopper dredger (TSHD) ARZANA. The newbuild was launched two days ago, September 20, at Royal IHC’s shipyard in Kinderdijk, The Netherlands. The TSHD Arzana is the f

about 9 years ago
Report: ADNOC Eyes IPO for New Shipping Unit
Business & Finance

Report: ADNOC Eyes IPO for New Shipping Unit

State-owned oil firm Abu Dhabi National Oil Company (ADNOC) is reportedly looking to sell shares in a new shipping unit through an initial public offering (IPO). The company is consolidating the operations of Abu Dhabi National Tanker with Petroleum Services and Abu Dhabi Petroleum Ports Operating t

about 9 years ago
Gazprom Neft Sends Its Largest Shipment of Oil to US
Business & Finance

Gazprom Neft Sends Its Largest Shipment of Oil to US

Gazprom Neft Badra, operator of the Iraqi Badra field, has undertaken the largest ever maritime shipment of oil for export in the company’s history. A total of 1.78 million barrels of hydrocarbons have been sent to the United States aboard the New Solution crude oil tanker, Gazprom Neft said. The 32

about 9 years ago
Royal IHC Launches NMDC’s First Custom-Built TSHD
Business & Finance

Royal IHC Launches NMDC’s First Custom-Built TSHD

The launch ceremony of ARZANA – a 6,000m³ trailing suction hopper dredger (TSHD) – took place yesterday, September 20, at Royal IHC’s shipyard in Kinderdijk, The Netherlands. “The keel-laying took place on 6 March 2017, and the vessel is expected to be delivered as scheduled in early 2018. This succ

about 9 years ago
Qatargas Inks 3-Year LNG Supply Deal with BOTAŞ
Business & Finance

Qatargas Inks 3-Year LNG Supply Deal with BOTAŞ

Doha-based liquefied natural gas (LNG) company Qatargas has signed a medium-term sales and purchase agreement with Turkish BOTAŞ Petroleum Pipeline Corporation (BOTAŞ). Under the terms of the agreement, Qatargas will deliver 1.5 million tons of LNG per annum for a period of three years. Scheduled to

about 9 years ago
Unique Group Partners with Innovo
Business & Finance

Unique Group Partners with Innovo

Unique Group has entered into a cooperation agreement with UK-based Innovo. As part of the agreement, the companies will collaborate to provide sales & rental equipment and engineering solutions for the marine and oil & gas market sectors in the Middle East and South-East Asia region. “This agreemen

about 9 years ago
Dredge Yard Bags ECO200 Dredger Order
Business & Finance

Dredge Yard Bags ECO200 Dredger Order

Dredge Yard recently signed a contract to design, manufacture and deliver an ECO200 Dredger with auger head. The auger dredger will have a dredging depth of 6m and will come with a 1500m discharge pipeline. According to the company, the ECO200 Auger will be delivered to a mining corporation in West-

about 9 years ago
The Post-Hanjin Era: Freight Rate Truce Is Over
Business & Finance

The Post-Hanjin Era: Freight Rate Truce Is Over

It has taken a whole year for all of the idle ships of South Korean defunct shipping company Hanjin Shipping to be fully removed from the idle fleet following the company’s demise, according to Alphaliner. The former South Korean shipping giant was officially declared bankrupt by the Seoul Central D

about 9 years ago
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