The Dredging Today Conference 2017 will take place on 9-10 October, 2017 in RAI Amsterdam, with the theme ‘Business Opportunities & Reaching Potential in the Dredging Industry’. To make this event unique, Dredging Today will give the dredging companies an opportunity to come up with ideas for the co
The Netherlands-headquartered terminal owner and operator Odfjell Terminals B.V. (OTBV) has entered into an agreement to sell its 29.75% indirect ownership in Oiltanking Odfjell Terminals (OOT) in Oman for USD 130 million. The transaction is expected to result in a net gain of around USD 90 million
Deltares experts have developed a new Augmented Reality (AR) design tool called ‘The Sandbox’ for coastal interventions anywhere in the world. The Sandbox was already on display at the Sand Motor congress in September but the new version can be seen soon at the Flood Risk Conference in Lyon. The San
Nakilat, the shipping arm of Qatar’s liquefied natural gas (LNG) sector, has reported a net profit of QAR 749 million (USD 205.6 million) in the third quarter of 2016 compared to QAR 757 million (USD 207.8 million) seen in the same period last year. The company said that the “positive results” were
Engineering and project management consultancy Royal HaskoningDHV UK and South Korea’s Hyundai Engineering & Construction have been selected to perform the Front-End Engineering Design (FEED) for the infrastructure of a maritime yard in Ras Al-Khair, Saudi Arabia. According to Royal Haskoning DHV, t
Royal HaskoningDHV, together with Hyundai Engineering & Construction, has been selected to perform the Front-End Engineering Design (FEED) for the infrastructure of a maritime yard in Ras Al-Khair, Saudi Arabia. Royal Haskoning said last week that the yard would comprise of a shipyard facility for l
Drewry: Container Carriers Still Face High Risk of Failure Privately-owned container carriers could risk losing shippers’ trust if they do not provide any data on their level of indebtedness and balance sheet strength, according to shipping consultancy Drewry… Read More Trafigura Sells Five Tanker N
Eni said that the first batch of export crude oil has been shipped from the onshore processing plant of the Kashagan oil field in the North Caspian Sea, following the replacement of subsea pipelines. Italian oilfield services player Saipem won a contract in 2015 to lay two 95 kilometer replacement p
As a direct consequence of persistently poor market conditions, Royal IHC, supplier of maritime equipment, is fine-tuning its strategy. IHC remains as committed as ever to boosting its knowledge-intensive activities, as is already happening in IQIP, Mission Equipment and Services. Responding to mark
The Gulf of Guinea, South East Asia and The Indian Ocean High Risk Area (HRA) have all seen a significant reduction of reported maritime crime throughout July, August and September of this year, according to data released by UK’s maritime intelligence and operations company Dryad Maritime. With the
UK-based offshore driller Ensco has been awarded several new drilling contracts for its jack-up rigs while also preparing to stack other rigs that remained unemployed. According to Ensco’s latest fleet status report on Thursday, the 1981-built jack-up rig drilling rig Ensco 84 has been awarded a con
Singapore-based breakbulk, project cargo and heavy lift carrier AAL has launched a new, scheduled Gulf-Asia semi liner-service. The new semi-liner service calls the ports including Mumbai (India), Karachi (Pakistan), Ras Laffan (Qatar), Umm Qasr (Iraq), Doha (Qatar), Jebel Ali, Muscat (Oman), Chenna
Saudi Aramco’s department for offshore projects has awarded a long-term agreement (LTA) to National Petroleum Construction Company (NPCC) of Abu Dhabi. The Saudi oil company said the deal was for the execution of its “world-class” offshore development program. In June 2015, four LTA contracts were a
Manila-based container terminal owner and operator International Container Terminal Services, Inc. (ICTSI) has formally opened the first phase of the new greenfield terminal development at its Basra Gateway Terminal in the North Port, Umm Qasr, Iraq. According to ICTSI, total investment for the firs
