Weakness in freight rates will increase tanker shipping demolitions over the next two years, with the trend accelerating in later years as a result of the IMO regulation on ballast water, according to shipping consultancy Drewry. The new International Maritime Organisation (IMO) regulation on Ballas
The 3rd International Conference on Coastal Zone Engineering and Management in the Middle East – Arabian Coast 2016 will take place on November 20-23, at the Inter Continental, Dubai Festival City. The conference will be held in collaboration with the International Association for Hydro-Environment
A host of political events have had a negative impact on global wind power growth expectations through 2025, MAKE said in its Q4/2016 Global Wind Power Market Outlook Update. Anticipated cuts to wind power targets in China under the country’s upcoming Thirteenth Five-Year Plan headline the most impa
A host of political events have had a negative impact on global wind power growth expectations through 2025, MAKE said in its Q4/2016 Global Wind Power Market Outlook Update. Anticipated cuts to wind power targets in China under the country’s upcoming Thirteenth Five-Year Plan headline the most impa
Cranemaster, has appointed Unique Group as representative in UAE and India. Cranemaster units will be stored locally and Unique Group can also provide service technicians if assistance is needed. This should ensure easy access for Middle East and Indian customers to Cranemaster products and services
Given the orderbook, the tanker market is expected to experience ample supply growth in the coming years while the forecasts for tanker demand growth are rather subdued, according to Poten & Partners. In recent years, tanker sales for scrap have been “few and far between,” while the average age of t
A new Euro-Mediterranean platform for cooperation on renewable energy and energy efficiency has been launched at COP22 climate summit taking place in Morocco.
A Central Dredging Association’s (CEDA) Dredging Technology Webinar, under the name ‘The sedimentation process in a TSHD’, is scheduled for 15 November, 2016, from 14:00-15:00 hrs (CEST). The presenter, Prof. Dr. Ir. Cees van Rhee, is full Professor of Dredging Engineering at the Delft university of
Amid a record year for containership demolitions in 2016, which helped suppress total fleet growth close to the rate for demand, shipping consultancy Drewry said that the scrapping candidates will get younger and bigger until the market recovers. Greater scrapping is a sign of the underlying weaknes
Drewry: Japanese Merger Could Spark Second Wave of M&As Driven by the need to stop the cost competitive advantage of the bigger lines growing, a...
Subsea World News has put together a recap of the most interesting articles from the previous week (October 07 – November 13). Saipem has been awarded new contracts and change orders in the E&C offshore segment, for an overall amount of about 1 billion dollars. In particular, the most significant ar
in2Dredging (i2D), an independent dredging consultancy, has launched its new and unique software program Pumps and Pipeline (PnP v1.1). PnP is the first commercial pumps and pipeline estimating tool for the dredging and mining industry. i2D’s gap analysis identified a disconnection between dredging
After emerging from a Chapter 11 bankruptcy in February, Vantage Drilling, a drilling contractor with a fleet of three drillships and four jack-up rigs, reported a loss for the third quarter of 2016 and a sharp drop in revenues amid a significant decline in both jack-up and deepwater rig utilization
Singapore-based container shipping company APL has decided to expand its Asia-Middle East and Latin America networks by adding new services to these routes. To its Asia-Middle East coverage, the company has added the Red Sea Express 2 (RE2) Service, which will link China to the Red Sea ports of Jedd
