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Business & Finance

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Fossil EnergyExploration & ProductionGreen MarineShipbuildingDredgingEquipmentTechnologyVesselsMarine EnergyResearch & Development
Saudi Arabia to wait some more for its ‘world-class’ shipyard
Business & Finance

Saudi Arabia to wait some more for its ‘world-class’ shipyard

A memorandum of understanding between Singapore’s Sembcorp Marine, Saudi Arabian Oil Company (Aramco), and the National Shipping Company of Saudi Arabia (Bahri) to develop a “world-class” maritime yard in Saudi Arabia has expired. Bahri, one of the largest shipping companies in the world, revealed o

about 11 years ago
Gulf Navigation’s Q3 Profit Soars
Business & Finance

Gulf Navigation’s Q3 Profit Soars

Dubai-based tanker owner and operator Gulf Navigation Holding PJSC (Gulfnav) has reported a 123% profit growth at the end of the third quarter of 2015 compared to the same period from last year. The company said that it has released its latest financial statement amidst its strong and consistent fin

about 11 years ago
Readers’ Picks of the Week (Oct 26th – Oct 30th)
Business & Finance

Readers’ Picks of the Week (Oct 26th – Oct 30th)

Study: New LNG-Fuelled Concept Boxship Doesn’t Need an Engine Room GTT CMA CGM and its subsidiary CMA Ships and DNV GL released a technical and feasibility study for a new mega box ship today the Piston Engine Room Free Efficient Contai… Read More 124 Injured When Turbojet Ferry Hits Unknown Object

about 11 years ago
Highlights of the Week
Business & Finance

Highlights of the Week

Machiavelli Ready for Action As part of a future Corio Bay Channels Upgrade Project, investigative works in the vicinity of No 1 and No 2 Beacons in the Wilson Spit Channel will be conducted between October 28 and November 9, 2015. Dredge Yard Delivers the Auger […]

about 11 years ago
Moore Stephens: Ship Operating Costs Going Up
Business & Finance

Moore Stephens: Ship Operating Costs Going Up

Vessel operating costs are expected to rise in both 2015 and 2016, according to the latest survey by international accountant and shipping consultant Moore Stephens. Crew wages, repairs and maintenance, and drydocking are the cost categories likely to increase most significantly over that period. Th

about 11 years ago
Moore Stephens: Ship Operating Costs Going Up
Business & Finance

Moore Stephens: Ship Operating Costs Going Up

Vessel operating costs are expected to rise in both 2015 and 2016, according to the latest survey by international accountant and shipping consultant Moore Stephens. Crew wages, repairs and maintenance, and drydocking are the cost categories likely to increase most significantly over that period. Th

about 11 years ago
Bahri: MoU on Setting Up Maritime Yard in Saudi Arabia Expired
Business & Finance

Bahri: MoU on Setting Up Maritime Yard in Saudi Arabia Expired

The Memorandum of Understanding (MoU) between the National Shipping Company of Saudi Arabia (Bahri), Saudi Arabian Oil Company (Saudi Aramco) and Sembcorp Marine on developing an international maritime yard for shipbuilding and offshore manufacturing, has expired as of 29 October 2015. Bahri said th

about 11 years ago
Bahri: MoU on Setting Up Maritime Yard in Saudi Arabia Expired
Business & Finance

Bahri: MoU on Setting Up Maritime Yard in Saudi Arabia Expired

The Memorandum of Understanding (MoU) between the National Shipping Company of Saudi Arabia (Bahri), Saudi Arabian Oil Company (Saudi Aramco) and Sembcorp Marine on developing an international maritime yard for shipbuilding and offshore manufacturing, has expired as of 29 October 2015. Bahri said th

about 11 years ago
Picture of the Day: Auger Dredger
Business & Finance

Picture of the Day: Auger Dredger

Dredge Yard has recently delivered a sediment dredging machine, also known as Auger Dredger, which will be used for a desalination plant in the Gulf region. The sediment dredger has been designed for 9m dredging depth, with high production underwater dredge pump, 2 floating pontoons stiffened from i

about 11 years ago
N-KOM Repairs Jan De Nul Duo
Business & Finance

N-KOM Repairs Jan De Nul Duo

Two Jan de Nul cutter suction dredgers, the 2010-built Ibn Battuta and Zheng He, were drydocked and repaired recently at Nakilat-Keppel Offshore & Marine (N-KOM). In addition to the routine repair scope, the major spud repairs and modifications were undertaken for the vessels. N-KOM had previously c

about 11 years ago
Nakilat Wraps Up World’s First ME-GI Retrofit
Business & Finance

Nakilat Wraps Up World’s First ME-GI Retrofit

Qatari gas transporter Nakilat has retrofitted the 266,000 cbm LNG carrier Rasheeda with a gas-burning M-Type Electronically Controlled – Gas Injection (ME-GI) System, making it the world’s first vessel in which low-speed marine diesel engines were converted to use LNG as a fuel. The retrofit modifi

about 11 years ago
Nakilat Wraps Up World’s First ME-GI Retrofit
Business & Finance

Nakilat Wraps Up World’s First ME-GI Retrofit

Qatari gas transporter Nakilat has retrofitted the 266,000 cbm LNG carrier Rasheeda with a gas-burning M-Type Electronically Controlled – Gas Injection (ME-GI) System, making it the world’s first vessel in which low-speed marine diesel engines were converted to use LNG as a fuel. The retrofit modifi

about 11 years ago
Aquapuncture Method Introduced
Business & Finance

Aquapuncture Method Introduced

In its latest issue of Terra et Aqua, the International Association of Dredging Companies (IADC) has released an article named ‘Aquapuncture: Sustainable Future of Inland Waterways’. Aquapuncture is an instrument for the optimal use, adaptation and management of inland waterways and their waterfront

about 11 years ago
India to harness wave energy
Business & Finance

India to harness wave energy

WERPO, an Israeli wave energy developer, has revealed that it is in discussions with Indian government to build wave energy power stations in the country. WERPO’s delegation met with the representatives of GEDA, India’s Government agency dedicated to exploring new technologies in the renewable energ

about 11 years ago
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