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Business & Finance

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Readers’ Picks of the Week ( 11-15 Jan, 2016)
Business & Finance

Readers’ Picks of the Week ( 11-15 Jan, 2016)

VIDEO: Russian Ship Aground in Japan, 18 Evacuated Some 18 people were evacuated from a Panama-flagged cargo ship after it ran aground on Sunday December 10 on a breakwater at the approach to the Japanese Sakata port the… Read More Seaman Guard Ohio Crew Sentenced to Five Years An Indian court has s

about 10 years ago
Iran in Talks to Build LNG Carriers
Business & Finance

Iran in Talks to Build LNG Carriers

Iran seems to be losing no time with the preparations for the post-sanction era which seems to be ever closer. Namely, the country is in talks with European counterparts Belgium, France and Germany on construction of liquefied natural gas (LNG) tankers, PressTV reports citing Managing Director of th

about 10 years ago
New Lease Accounting Standard to Impact Maritime Sector
Business & Finance

New Lease Accounting Standard to Impact Maritime Sector

A new international accounting standard dealing with leases could have major implications for companies in the shipping and offshore maritime sectors, and particularly for time charterers, according to international accountant and shipping adviser Moore Stephens. The new standard, IFRS 16, is effect

about 10 years ago
Spotted: Suez Goes Green
Business & Finance

Spotted: Suez Goes Green

The world’s greenest ultra-large container vessel, the 18,800 TEU MV Al Zubara, passed through the new Suez Canal this week to mark the United Arab Shipping Company’s (UASC) 40th anniversary in the shipping business. “Initiating UASC’s 40th anniversary celebrations from the Suez Canal makes perfect

about 10 years ago
Pakistan Sets Sights on 2nd LNG Import Terminal
Business & Finance

Pakistan Sets Sights on 2nd LNG Import Terminal

Energy-hungry Pakistan is planning to meet its gas needs by commissioning a second liquefied natural gas (LNG) import terminal, Reuters reports citing an unnamed government official. As disclosed, the tender for the import terminal has already been launched and the bids are expected to be submitted

about 10 years ago
IADC Publishes ‘Facts About’ Soil Improvement
Business & Finance

IADC Publishes ‘Facts About’ Soil Improvement

The International Association of Dredging Contractors (IADC) has just published a new ‘Facts About’ publication on soil improvement. ‘Facts About’ is a series of concise, easy-to-read leaflets which give an effective overview of essential facts about specific dredging and maritime construction subje

about 10 years ago
Abu Dhabi Ship Building, Drydocks World Ink MoU
Business & Finance

Abu Dhabi Ship Building, Drydocks World Ink MoU

UAE provider of shipbuilding and shiprepair services Abu Dhabi Ship Building PJSC (ADSB) has penned a Memorandum of Understanding (MoU) with Drydocks World to establish an industrial entity to strengthen maritime projects in the UAE. Under the MoU, the two parties plan to enhance knowledge transfer

about 10 years ago
Second-Hand VLCC Joins Bahri’s Fleet
Business & Finance

Second-Hand VLCC Joins Bahri’s Fleet

The National Shipping Company of Saudi Arabia (Bahri) has taken delivery of the first of two second-hand Very Large Crude Carriers (VLCCs) purchased in October, the Blue Topaz. The ship was transferred to Bahri’s ownership on Thursday, 7 January 2016 and her name was changed to Wedyan. Bahri said th

about 10 years ago
Tender Released for Oman’s Largest Fishery Port
Business & Finance

Tender Released for Oman’s Largest Fishery Port

The Special Economic Zone Authority at Duqm (SEZAD) has just issued a tender for the construction of Oman’s largest fishery port. The tender is for the construction of marine structures and roads for the fishery port and includes dredging, reclamation works, breakwaters, quay walls and concrete floa

about 10 years ago
Readers’ Picks of the Week (Jan 4 – Jan 8, 2016)
Business & Finance

Readers’ Picks of the Week (Jan 4 – Jan 8, 2016)

ISIS Attacks Libya’s Largest Oil Port Libya’s largest oil port of Sidra was attacked early Monday by Islamic State militants who were trying to seize the port… Read More Four Cruise Ships Joining Carnival’s Fleet in 2016 Cruise shipping giant Carnival Corporation & plc said it will launch four new s

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 (January 3-10). Boskalis Strengthens Market Position in Germany Royal Boskalis Westminster N.V. has reached a heads of agreement with STRABAG SE for the acquisition of the dredging activities and assets of STRABAG W

about 10 years ago
Iran All Set for Oil Export Boost once Sanctions Are Lifted
Business & Finance

Iran All Set for Oil Export Boost once Sanctions Are Lifted

Iran is gearing up to deploy its crude oil tankers to the market once the sanctions against the country are lifted, which is expected to take place by the end of January. What is more, based on the latest statement from the US Secretary of State John Kerry, Iran may be “days away” from complying wit

about 10 years ago
Synergy Subsea Hires DSV Seamec Princess for Persian Gulf
Business & Finance

Synergy Subsea Hires DSV Seamec Princess for Persian Gulf

India’s provider of diver support vessel-based diving services, Seamec, has entered into a contract for the charter hire of vessel “Seamec Princess” with Dubai-based Synergy Subsea Engineering. The Seamec Princess is a is 123.4 meters LOA dive support vessel, built in 1984, with a 12-man saturation

about 10 years ago
ZIM’s CEO Resigns
Business & Finance

ZIM’s CEO Resigns

Israel’s cargo shipping company ZIM Integrated Shipping Services Ltd. announced today that its Chief Executive Officer, Rafi Danieli, told the company’s Board of Directors that he wishes to resign from his role as CEO. ZIM said that Danieli will continue to serve as CEO until a new CEO is appointed

about 10 years ago
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