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Business & Finance

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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 (November 22-29). Van Oord Completes Koper Gig Van Oord recently completed the €1.7 million worth Luka Koper dredging project. Jan De Nul to Dredge PSA Panama With the beginning of the quay and dredging works, a

about 11 years ago
East Port Said Channel to Be Ready by the End of 2016
Business & Finance

East Port Said Channel to Be Ready by the End of 2016

The Suez Canal Authority (SCA) and the Suez Canal Container Terminal (SCCT), which is 55 percent owned by Maersk’s APM Terminals, entered into an agreement on Wednesday to jointly upgrade the East Port Said through a USD 60 million-worth channel project. The agreement settles the dispute between SCA

about 11 years ago
ZIM Stays in Black despite Historic Low Rates
Business & Finance

ZIM Stays in Black despite Historic Low Rates

Israeli container shipping company ZIM reported a net income for the three months ended September 30, 2015 of USD 11 million, compared to a net loss of USD 63 million for the same period in 2014. However, the company posted a 12 percent decrease in its total revenues to USD 749 million in the third

about 11 years ago
Leviathan gas set to land in Egypt after all?
Business & Finance

Leviathan gas set to land in Egypt after all?

Israel’s Delek Group has signed a preliminary agreement for the sale of gas from the giant Leviathan gas field in the Mediterranean. According to a filing on the Tel Aviv Stock Exchange, the Leviathan partners, Delek Group and Noble Energy, have signed a letter of intent with Egypt’s Dolphinus Holdi

about 11 years ago
BNP Paribas Sets Aside EUR 15 Billion for Renewables
Business & Finance

BNP Paribas Sets Aside EUR 15 Billion for Renewables

French multinational bank BNP Paribas will more than double the financing resources allocated to the renewable energy sector, from EUR 6.9 billion in 2014 to EUR 15 billion in 2020, and strengthen its policies for the management of carbon risk. The bank will also continue to promote Green Bonds to i

about 11 years ago
First Cruise Ships Dock at Abu Dhabi’s New Stopover
Business & Finance

First Cruise Ships Dock at Abu Dhabi’s New Stopover

The United Arab Emirate-based port operator Abu Dhabi Ports has started welcoming cruise liners at Sir Bani Yas Island, the Arabian Gulf’s first cruise beach stopover in Abu Dhabi. Two cruise vessels Island Sky, owned by London-based Noble Caledonia, and Seaborne Sojourn, Miami-based Carnival Corpor

about 11 years ago
Spotted: Port of Sharjah’s New Tug to Pull In Heavyweights
Business & Finance

Spotted: Port of Sharjah’s New Tug to Pull In Heavyweights

The Sharjah Port and Customs Authority has taken delivery of a Damen ASD tug 2411, named Al Luolo’ Aya during a ceremony held at Damen Shipyards Sharjah, UAE. The ASD 2411 tug, fully “built in Sharjah for Sharjah,” is the port’s first ASD tug. Besides this tug, the port operates eight Damen Stan tug

about 11 years ago
Grandweld delivers offshore vessel to ADNOC
Business & Finance

Grandweld delivers offshore vessel to ADNOC

Grandweld, a United Arab Emirates shipyard, delivered one dive maintenance and support vessel TAWAM1 to the state-owned Abu Dhabi National Oil Company (ADNOC) on November 24. Grandweld both designed and built the 50m long vessel with a 65-ton bollard pull capability after signing a contract with ADN

about 11 years ago
Developing Economies Take Lead in Clean Energy Investments
Business & Finance

Developing Economies Take Lead in Clean Energy Investments

Developing nations eclipsed the world’s wealthiest countries in 2014, attracting more clean energy investment and building more wind, solar, and other renewable power generation than ever before, according to a global assessment released by Bloomberg New Energy Finance today. Climatescope, the clean

about 11 years ago
Developing Economies Take Lead in Clean Energy Investments
Business & Finance

Developing Economies Take Lead in Clean Energy Investments

Developing nations eclipsed the world’s wealthiest countries in 2014, attracting more clean energy investment and building more wind, solar, and other renewable power generation than ever before, according to a global assessment released by Bloomberg New Energy Finance today. Climatescope, the clean

about 11 years ago
Unique Group Expands to Saudi Arabia
Business & Finance

Unique Group Expands to Saudi Arabia

Unique Group is making its first move into the Kingdom of Saudi Arabia with the opening of two new facilities in Riyadh and Dammam. Ten skilled engineering roles will be created throughout 2016, some of which will be filled by local people, in line with the Kingdom’s aspirations to increase opportun

about 11 years ago
Spotted: Jebel Ali Port Hosts Its First Triple-E Boxship
Business & Finance

Spotted: Jebel Ali Port Hosts Its First Triple-E Boxship

Global marine terminals operator DP World’s flagship Jebel Ali Port has received its first Triple-E vessel, the Magleby Maersk. The 18,270 TEUs container vessel is on its maiden visit to the region. Jebel Ali said that it is one of the very few ports in the Middle East equipped to receive containers

about 11 years ago
OES Oilfield Services announces new CEO
Business & Finance

OES Oilfield Services announces new CEO

OES Oilfield Services Group, a provider of inspection and project services to the oil and gas industry, has announced the appointment of Euan Lockhart as its Chief Executive Officer (CEO). Euan Lockhart recently served as CEO for the Middle East and Africa for ASCO Group and brings experience in the

about 11 years ago
Readers’ Picks of the Week (Nov 16th – Nov 20th)
Business & Finance

Readers’ Picks of the Week (Nov 16th – Nov 20th)

Readers’ Picks of the Week (Nov 16th – Nov 20th)

about 11 years ago
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