Iran has launched yet another shipping line, this time with its neighboring Oman. The country has been very busy with renewing transportation links following the lifting of economic sanctions earlier this year with countries now standing in line to renew economic and energy ties with Tehran. Accordi
Dubai-based port operator DP World Limited handled 61.7 million TEU across its global portfolio of container terminals during 2015, with gross container volumes growing by 3% on reported basis and 2.4% on a like-for-like basis. According to DP World, growth in 2015 was largely driven by European and
Gallery: SMIT Salvage Team Boards Modern Express, Attaches Tow Line The four-member salvage team of SMIT Salvage has managed to board the drifting car carrier Modern Express earlier this morning and set up a tow line, French Maritime Author… Read More Bahrain, Saudi Arabia Ban Iranian Ships from The
Dredging Today brings you an overview of the most popular stories from the past week (February 1-7, 2016). Sas van Vreeswijk Consortium Signs Beatrixsluis Contract The Sas van Vreeswijk consortium has won a contract for the construction of the 3rd chamber Beatrix lock and the widening of the Lekka
Islamic Republic of Iran Shipping Lines (IRISL) plans to return to Europe before the end of this month, with HDS Lines ready to launch a full container service connecting Iran with Northern Europe and the Mediterranean, Alphaliner said. The loop will see the first calls of Iranian-flagged vessels in
Yasser Zaghlool, the CEO of the National Marine Dredging Company (NMDC), said this week that hiring UAE nationals is one of its ultimate priorities in all company sectors, especially in the engineering and technical fields, according to the Emirates News Agency. “We ultimately aim to hire committed
Israel’s shipping firm ZIM Integrated Shipping Services has launched an extensive program aimed at changing its organizational structure. The change is based on the company’s business plan to focus on profitable trade areas with the aim of building a lean and agile enterprise. ZIM said that the esse
Transport & Offshore Services (TOS), a service provider for the maritime and energy sector, has been awarded a contract to deliver nine platform supply vessels (PSVs) for one client. “Signing a contract for nine state-of-the-art hybrid Platform Supply Vessels is even for TOS a major milestone,” says
The partners in the Leviathan gas field in the Mediterranean Sea, offshore Israel, have signed an agreement worth approx. $1.3 billion for the supply of natural gas from the field to Edeltech Ltd. The partners in the Leviathan project and their holding rates are Noble Energy with 39.66% interest, De
In order to better promote the dredging industry, DredgingToday.com – owned by the Dutch media company Navingo BV – is working on a new product named the Cutter Suction Dredger Vessel Directory. The CSD Vessel Directory is aimed to provide the industry with a compact useful overview of operating cut
Dredging Today brings you an overview of the most popular stories from the past week (January 25-31). Gippsland Ports Orders Damen TSHD 650 The Damen Shipyards Group is constructing a trailing suction hopper dredger (TSHD) 650 for Australian client Gippsland Ports. Royal IHC and Adani Sign Deal
If dry bulk ship-owners collectively removed half of all capesize ships over 12 years old, equating to around 20 million dwt of capacity, it would enable earnings to return to profitability by 2018, according to the latest estimates from Drewry. The shipping consultancy believes that dry bulk shippi
French container shipping company CMA CGM has signed a preliminary agreement with the Islamic Republic of Iran Shipping Lines (IRISL) which aims at increasing the company’s footprint in Iran, the French government said. Signed during a visit to Paris by the Iranian President Hassan Rouhani yesterday
The Islamic Republic of Iran Shipping Lines’ (IRISL) vessels will soon sail for Europe as they have been removed from the Office of Foreign Assets Control’s (OFAC) sanctions list, the company said in a release. IRISL, which was on OFAC’s list since September 2008, is expected to make its first visit
