Dubai-based port operator DP World saw a 15.8 percent rise in profit for the first half of 2017 on a like-for-like basis, earning USD 606 million amid improved trading environment. “Encouragingly, after a challenging period, we have seen a pick-up in global trade particularly in the second quarter o
Hong Kong-based port operator Hutchison Ports has entered into a deal with NAWAH Port Management (NPM) to assume management of operations at the Port of Basra in southern Iraq. “Hutchison Ports will assume oversight of day-to-day commercial and operational activities at NPM, operating under the name
The International Association of Dredging Companies (IADC) has just revealed the 7th nominee for its Safety Award 2017 – Jan De Nul Group’s Hatch Covers for Deck Hatches. When a low deck hatch is in the process of opening, it quickly becomes a dangerous situation. Falling down an unprotected and ope
Saudi Arabia’s King Abdullah Port witnessed a surge of around 14% in its container volumes during the first half of 2017, reaching 821,694 TEU, compared to 720,483 TEU seen a year earlier. The port also recorded a 14% rise in the number of vessels received during the same period, handling 398 vessel
The International Association of Dredging Companies (IADC) has just revealed the 6th nominee for its Safety Award 2017 – the Jan De Nul Group’s Controlled Connection of Floating Pipelines. The manual process of connecting floating pipelines has always been a risky task. Calm water conditions and com
Dredge projects are tendered around the globe on a daily basis. Consequently, dredging contractors have to make new calculations, involving various production parameters, when preparing their project quotations. Damen has introduced an online dredge job calculator to unburden contractors of this tim
Teekay has just released the latest update on their LNG import terminal project in Bahrain, located in Hidd Industrial area and aimed to help the Kingdom meet the increasing demand for gas supplies to satisfy its industrial and urban development. The terminal layout comprises of an offshore dual jet
Doha-based liquefied natural gas company Qatargas and RasGas have completed the first co-loading of liquefied natural gas (LNG) for split delivery on board LNG carrier Al Khuwair. The parties co-loaded the cargoes at the Ras Laffan terminal in Qatar on the Q-Flex LNG vessel. The cargoes were deliver
National Shipping Company of Saudi Arabia (Bahri) has completed the registration of Aslaf, a very large crude carrier (VLCC), under the flag of Saudi Arabia. This is in line with Bahri’s efforts to re-flag all of its VLCCs – now totaling 39 – under the domestic flag by the end of 2017. The construct
Nakilat Shipping Qatar Limited (NSQL), a subsidiary of Nakilat, and Shell International Trading and Shipping Company Limited (Shell) have completed the first phase of the management transition of Nakilat’s LNG carriers from Shell to NSQL. The 266,370 cbm Q-Max LNG carrier Al Mafyar became the 10th v
The newly established Fujairah Terminals welcomed its first container feeder vessel, the Dubai Alliance. This is the first ship to arrive at the terminal, which is wholly owned by Abu Dhabi Ports, the master developer, operator and manager of ports within Abu Dhabi, Fujairah Port and Khalifa Industr
Fujairah Terminals has welcomed its first vessel, the Dubai Alliance, following recent concession signing agreement between Abu Dhabi Ports and the Port of Fujairah. Upa Jayalth, General Manager for Operations at Star Feeder LLC and Nirmil Perara, General Manager for Sales and Marketing at Star Feed
Tidal Energy Today has compiled the top news from tidal and wave energy industry from August 14 – 20, 2017.
Macquarie-led consortium has completed the acquisition of Green Investment Bank from the UK government for £2.3 billion, which will now operate under the name of Green Investment Group.
