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Business & Finance

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2015 Excellent Year for Abu Dhabi Ports
Business & Finance

2015 Excellent Year for Abu Dhabi Ports

Port developer and operator Abu Dhabi Ports, set a new annual cargo-volume record in 2015, posting a 32% surge in container volumes alone at its Khalifa Port Container Terminal. The terminal, operated by Abu Dhabi Terminals – a subsidiary of Abu Dhabi Ports, moved 1.5 million TEUs, up from 1.1 milli

about 10 years ago
Idle Containerships Quintuple in 2015
Business & Finance

Idle Containerships Quintuple in 2015

The global idle containership fleet at the end of December 2015 hit a record high with a total capacity of 1.36 million TEU, which represents five times more compared to 0.23 million TEU at the beginning of the year, market analyst Alphaliner reports. The idle containership fleet stood at 331 vessel

about 10 years ago
Khalifa Port Container Terminal Set for Further Expansion
Business & Finance

Khalifa Port Container Terminal Set for Further Expansion

Khalifa Port Container Terminal, managed and operated by Abu Dhabi Terminals (ADT), is ready for the next phase of expansion, according to its operator. Abu Dhabi’s main container port has reached 78% of its handling capacity and in the next two years Abu Dhabi Terminals plans to enhance its operati

about 10 years ago
MSC Makes a Comeback to Iran
Business & Finance

MSC Makes a Comeback to Iran

Container shipping company Mediterranean Shipping Company (MSC) has returned to Iran following a 6-year suspension of services due to sanctions imposed against Iran which are now about to be lifted. Namely, MSC containership Domitille has berthed at the country’s port of Shahid Rajei, as disclosed b

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 (December 28-January 3). World’s Largest Container Ship in Port of Los Angeles The largest container ship ever to call at a North American port, CMA CGM Benjamin Franklin, arrived at the Port of Los Angeles on Satur

about 10 years ago
Dredging Stories That Marked 2015
Business & Finance

Dredging Stories That Marked 2015

With the new year ahead of us, Dredging Today is bringing you a recap of the most popular posts from 2015. Van Oord, Boskalis to Build Artificial Island Off Jakarta Van Oord and joint venture partner Royal Boskalis Westminster have won a major land reclamation contract in Indonesia. DEME Bags Major

about 10 years ago
Most Read Articles in 2015
Business & Finance

Most Read Articles in 2015

As we enter the new year, let’s take a moment to take a look at the most interesting articles selected by our readers. The following are the most read news in 2015, enjoy! VIDEO: Pieter Schelte Reaches Rotterdam The world’s largest vessel Pieter Schelte owned by Allseas has arrived in Rotterdam the

about 10 years ago
Happy New Year!
Business & Finance

Happy New Year!

The Offshore WIND staff would like to wish all our readers a happy, prosperous, and offshore wind-powered 2016! Happy New Year! Image source: Marc Pearce

about 10 years ago
Happy New Year 2016!
Business & Finance

Happy New Year 2016!

World Maritime News team wishes all our readers joyous holidays and a happy and prosperous New Year! We would also like to thank our readers for continuous support over the year and we look forward to bringing you the latest stories about the maritime world next year as well. May 2016 bring you fair

about 10 years ago
Top Interviews of 2015
Business & Finance

Top Interviews of 2015

The end of December and coming holidays are traditionally the time when we look back at the highlights of the ending year. World Maritime News is kicking off the 2015 retrospective with its Top 5 series, the first of which is the list of our 5 most read interviews of the year. Interview: Insufficien

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) took delivery of one second-hand Very Large Crude Carrier (VLCC) purchased in October. The ship in question is Blue Pearl and has been renamed to Kidan. The ship was purchased within a two-ship contract inked on October 27, 2015. The second vesse

about 10 years ago
GMS relocates from Mussafah to Zayed Port
Business & Finance

GMS relocates from Mussafah to Zayed Port

Gulf Marine Services (GMS), a provider of liftboats for the international oil and gas industry, has signed a contract with Abu Dhabi Ports to create a facility at Zayed Port where GMS will construct and maintain its offshore support vessels. Zayed Port in Abu Dhabi city will lease the new facility t

about 10 years ago
Dredging at King Abdullah Port in Full Swing
Business & Finance

Dredging at King Abdullah Port in Full Swing

The King Abdullah Port development program, undertaken by Huta Marine Works Ltd, is progressing steadily. Last year, Arab National Bank (ANB) and Huta Marine Works inked a loan agreement in the amount of $692.8 million, under which ANB will finance this capital development scheme. King Abdullah Port

about 10 years ago
Gulf Marine Services Moving Operations to Zayed Port
Business & Finance

Gulf Marine Services Moving Operations to Zayed Port

UAE-based port operator Abu Dhabi Ports has signed a contract with offshore contractor Gulf Marine Services (GMS) for setting up a shipbuilding facility at Zayed Port where GMS will construct and maintain its offshore support vessels that serve the region’s oil and gas industry. Under the deal, Zaye

about 10 years ago
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