A delegation from Belgium’s port of Antwerp paid a visit to Iran last week to explore the possibilities of reestablishing shipping and commerce ties, shortly after the European Union adopted a framework to lift its nuclear-related economic and financial sanctions and open up this market of around 80
A delegation from Belgium’s port of Antwerp paid a visit to Iran last week to explore the possibilities of reestablishing shipping and commerce ties, shortly after the European Union adopted a framework to lift its nuclear-related economic and financial sanctions and open up this market of around 80
IADC (International Association of Dredging Companies) has just released their Annual Report for 2014. In this report, the board gives an overview of the state of affairs of the Association and its activities in the last year. Highlights of the year include the start of the ecosystem services projec
International shipping and aviation emissions have been reinserted into the draft Paris agreement during the five-day climate talks held in Bonn, Germany, last week. However, the draft’s language needs to be considerably strengthened if it is to help curb the two sectors’ climate impact, according t
International shipping and aviation emissions have been reinserted into the draft Paris agreement during the five-day climate talks held in Bonn, Germany, last week. However, the draft’s language needs to be considerably strengthened if it is to help curb the two sectors’ climate impact, according t
Qatar Navigation (Milaha) Q.S.C. delivered a net profit of QAR 959 million (USD 264 million) for the first nine months of 2015, a 17% increase compared to the same period in 2014. Milaha’s operating revenues increased by 17% to QAR 2.31 billion for the period, up from QR 1.97 billion for the same pe
Qatar Navigation (Milaha) Q.S.C. delivered a net profit of QAR 959 million (USD 264 million) for the first nine months of 2015, a 17% increase compared to the same period in 2014. Milaha’s operating revenues increased by 17% to QAR 2.31 billion for the period, up from QR 1.97 billion for the same pe
Maersk Signs LOI to Boost Cargo Flows in Eastern Indonesia Danish shipping trade and energy conglomerate Maersk Group has signed a Letter of Intent LOI with Indonesia’s Coordinating Ministries for Maritime Affairs and Ec… Read More Tanker Ablaze after Engine Room Blast off Denmark Liberiaflagged oil
Maersk Signs LOI to Boost Cargo Flows in Eastern Indonesia Danish shipping trade and energy conglomerate Maersk Group has signed a Letter of Intent LOI with Indonesia’s Coordinating Ministries for Maritime Affairs and Ec… Read More Tanker Ablaze after Engine Room Blast off Denmark Liberiaflagged oil
Hong Kong-based container carrier Orient Overseas Container Line (OOCL) marked a 12.2% decrease in total revenues in the quarter ended September 30, despite handling 1.9% more containers compared to the same period a year earlier. OOCL was hit the hardest on its Asia/Europe services which brought 32
Hong Kong-based container carrier Orient Overseas Container Line (OOCL) marked a 12.2% decrease in total revenues in the quarter ended September 30, despite handling 1.9% more containers compared to the same period a year earlier. OOCL was hit the hardest on its Asia/Europe services which brought 32
The National Shipping Company of Saudi Arabia (Bahri) saw its net income rise to SAR 510.3 million (USD 136 million) in the third quarter of 2015 from SAR 84.8 million reported in the same period last year. The company’s gross profit reached SAR 611.2 million, a major increase when compared to the c
The National Shipping Company of Saudi Arabia (Bahri) saw its net income rise to SAR 510.3 million (USD 136 million) in the third quarter of 2015 from SAR 84.8 million reported in the same period last year. The company’s gross profit reached SAR 611.2 million, a major increase when compared to the c
Qatari liquefied natural gas (LNG) shipping company Nakilat recorded net profit of QR 756.3 million (USD 207.8 million) for the first nine months of 2015, an increase of 9% on the same period last year. The company’s Board of Directors stated that Nakilat is in an enviable position within the energy
