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Business & Finance

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Readers’ Picks of the Week (15th – 19th, 2016)
Business & Finance

Readers’ Picks of the Week (15th – 19th, 2016)

New Shipping Giant Enters the Scene China Cosco Shipping Corporation Ltd was formally launched in Shanghai yesterday, a company created through the merger between China’s two shipping giants China Ocea… Read More Interview: Navigating the Ever Bigger Ships into the Future As the ships of the global

about 10 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 (February 15-21, 2016). VIDEO: Brightlingsea Dredging Scheme Progresses Well Brightlingsea Harbor Authority has just released a video about the Waterside Marina dredging project, which is currently underway. DEM

about 10 years ago
Iran and Germany to Set Up Shipping Company, Resume Logistics Cooperation
Business & Finance

Iran and Germany to Set Up Shipping Company, Resume Logistics Cooperation

Iran and Germany are negotiating the possibilities for re-establishing shipping cooperation including through establishment of a new container shipping company. During a recent visit to Hamburg, Mohammad Saiedi, IRISL managing director signed a Memorandum of Understanding (MoU) with the owners of Ge

about 10 years ago
WODA to Present Environmental Excellence Awards
Business & Finance

WODA to Present Environmental Excellence Awards

The World Organization of Dredging Associations (WODA) has just announced that the organization will, for the first time, present the 2016 WODA Environmental Excellence Awards. The overall process and criteria are similar to the annual Environmental Excellence Awards initiated by WEDA in 2011. Three

about 10 years ago
Abu Dhabi Ports to House Dolphin Energy’s EPRS
Business & Finance

Abu Dhabi Ports to House Dolphin Energy’s EPRS

Dolphin Energy has signed a contract with Abu Dhabi Ports to accommodate hardware for its emergency pipeline repair system (EPRS) at its new facility based in Kizad. A signing ceremony was held at Dolphin Energy’s offices, attended by Dolphin Energy’s Chief Executive Officer, Adel Ahmed Albuainain,

about 10 years ago
MSI: Tanker Earnings to See Muted Upside by April
Business & Finance

MSI: Tanker Earnings to See Muted Upside by April

Tanker market earnings should experience a limited upside from current levels by April with time charter rates being under pressure as a result of growing supply of large crude and products tonnage, Maritime Strategies International reports in its latest Tanker Freight Forecaster. After what was a s

about 10 years ago
Iran Ships First Post-Sanction Oil to Europe
Business & Finance

Iran Ships First Post-Sanction Oil to Europe

Iran has loaded its first oil cargo since the lifting of economic sanctions early January on board a tanker owned by Total SA and the cargo is now bound for Europe, according to the National Iranian Oil Company. Managing Director of Iranian Oil Terminals Company (IOTC), Pirouz Mousavi said that thre

about 10 years ago
DP World to Invest Over USD 1bn in India
Business & Finance

DP World to Invest Over USD 1bn in India

Dubai’s port operator DP World is seeking investment opportunities in India worth over USD 1bn over the next few years, the group said. DP World has already invested capital of USD 1.2bn and is currently the only foreign operator with six port concessions in the country with approximately 30% market

about 10 years ago
Twofold Increase in Gulfnav’s Profit
Business & Finance

Twofold Increase in Gulfnav’s Profit

Dubai-based tanker owner and operator Gulf Navigation Holding PJSC has reported a 101 percent profit growth by the end of year 2015 compared to the same period a year before. Being amidst a strong and consistent financial turnaround, the company said it continues its efforts to address creditor conc

about 10 years ago
Wind Leads the Renewables Bunch
Business & Finance

Wind Leads the Renewables Bunch

Powered by 30,500 MW of new installations in China, the global wind power industry installed 63,013 MW in 2015, representing annual market growth of 22%, according to the Global Wind Energy Council (GWEC). Germany led a stronger than expected performance in Europe with a record 6 GW of new installat

about 10 years ago
Magseis, BGP Clinch Red Sea Seismic for Aramco
Business & Finance

Magseis, BGP Clinch Red Sea Seismic for Aramco

Norwegian ocean-bottom seismic specialist, Magseis, has, in combination with China’s BGP, secured a contract on Saudi Aramco’s S78 project for seismic acquisition in the Red Sea. On January 19, BGP informed it had won the bidding on Saudi Aramcos S78 project. The S78 is Saudi Aramcos’ first 3D surve

about 10 years ago
Magseis scoops seismic survey deal in Saudi Arabia
Business & Finance

Magseis scoops seismic survey deal in Saudi Arabia

Magseis, a Norwegian seismic survey company, has been awarded Saudi Aramco’s S78 project for large-scale ocean bottom seismic acquisition in the Red Sea. Magseis won the contract together with its partner BGP. The project has an expected duration of 9 months + 1 year and is expected to start during

about 10 years ago
NITC Back at INTERTANKO
Business & Finance

NITC Back at INTERTANKO

The National Iranian Tanker Company (NITC) has been readmitted to the International Association of Independent Tanker Owners (INTERTANKO) as a full member, the country’s news agency IRNA informed. The decision is reported to had been delivered in a letter from INTERTANKO Chairman Nikolas Tsakos to N

about 10 years ago
MOOC Building with Nature Starts on February 29
Business & Finance

MOOC Building with Nature Starts on February 29

The Massive Open Online Courses (MOOC) on ‘Building with Nature’ will start on February 29, 2016. During the course, a number of case studies will be discussed to deepen the knowledge of ecological and engineering principles. Leading Dutch engineers and environmental scientists will explain the Buil

about 10 years ago
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