The International Association of Dredging Companies (IADC) has just released the latest issue of Terra et Aqua, their official quarterly publication. The paper features four new dredging-related articles, book and journal reviews relevant to the industry and a list of upcoming seminars and conferenc
Dubai-based port and terminal operator DP World and North America’s pension fund managers Caisse de dépôt et placement du Québec (CDPQ) have joined forces to create an investment vehicle to invest in ports and terminals globally, excluding the United Arab Emirates. The investment platform, which tot
The 14,000 TEUs containership MSC Esthi marked the official opening of the Hamad Port Container Terminal 1 as it was the first vessel which sailed into the port on December 1, according to the Mediterranean Shipping Company (MSC). The occasion marked the completion of the first phase of Qatar’s USD
Dubai-based shipping company Gulf Navigation Holding (GulfNav) is looking to expand its operations in the northern region of the United Arab Emirates with a set of maritime activities under the GNH Northern Project. A consortium consisting of GulfNav and two members of China Shipbuilding Industry Co
Readers’ Picks of the Week (Nov 28 – Dec 2, 2016)
Dredging Today brings you an overview of the most popular stories from the past week (November 28 – December 4, 2016). Boskalis Wins EUR 120 Million Dredging Contract in Brazil Royal Boskalis Westminster N.V. has been awarded a contract by Açu Petróleo S.A. (joint venture company of Prumo Logístic
Indian Register of Shipping (IRClass), has obtained authorisation to act as Recognised Organisation (RO) to carry out statutory survey, audit and certification on behalf of Nigeria, Oman and Lebanon flag states. With the latest agreement, IRClass has been approved as a RO by 29 flag registries acros
French container shipping major CMA CGM has upgraded its coverage between the Adriatic Sea and Egypt by introducing the new Adrimed Express service. The Adrimed Express service links Egypt, Malta, Croatia, Italy, and Slovenia. “Thanks to a call in Malta, a CMA CGM group’s hub, efficient transshipmen
Next Geosolutions, the independent geoscience and engineering service provider, has launched a new multi purpose-built operational facility in the Hamriyah Free Zone of Sharjah (UAE), and a supporting business development and marketing office in Dubai. With operations due to start in December, the n
Israel’s shipping company ZIM Integrated Shipping Services posted a net loss of USD 37.6 million in the third quarter of 2016, compared to a profit of USD 11.1 million seen in the same period last year, due to the continued deterioration in the container shipping market. ZIM’s gross profit for the q
Qatari liquefied natural gas (LNG) transport company Nakilat has assumed full ship management and operations of Q-Max LNG carrier Al Ghuwairiya from Shell Trading and Shipping Company Ltd. (STASCo), with effect from December 1 2016. Al Ghuwairiya is the fourth Q-Max LNG carrier to be taken over as p
Rolls-Royce plans to lay off 800 more workers from it Marine business throughout 2016 and 2017 citing ”continuing weakness in the maritime market” as the reason for the third wave of job cuts at the division in less than a year. ”Today’s proposals follow a series of cost reduction initiatives carrie
The inauguration ceremony of the King Salman Global Maritime Industries Complex was held at Ras Al-Khair, near Jubail in Saudi Arabia, on November 29, 2016, South Korean shipbuilder Hyundai Heavy Industries (HHI) informed. Saudi Arabia’s King Salman bin Abdulaziz Al Saud laid the cornerstone of the
Oman’s Special Economic Zone Authority at Duqm (SEZAD) has signed an agreement with Galfar Engineering and Contracting for the construction of a new fishing port in Duqm. Under the contract, the harbor basin will be dredged up to 6 meters and significant amount of land reclamation activities are exp
