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Business & Finance

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EA Gibson: Tanker Market Outlook Stays Bullish
Business & Finance

EA Gibson: Tanker Market Outlook Stays Bullish

The turbulent month of August which saw instability in global financial markets, especially in China, has not shaken the outlook for the tanker market which remains bullish and offers highly attractive earnings, according to the London-based shipbroker E.A. Gibson. Irrespective of market fluctuation

about 11 years ago
New President and CEO Takes the Helm at Milaha
Business & Finance

New President and CEO Takes the Helm at Milaha

Qatar Navigation (Milaha) has appointed Abdulrahman Essa Al-Mannai as President & Chief Executive Officer, effective September 13th, 2015. He will succeed Khalifa Ali Al-Hetmi, who had previously announced his plan to retire. Al-Mannai previously led the commercial planning and allocation functions

about 11 years ago
New President and CEO Takes the Helm at Milaha
Business & Finance

New President and CEO Takes the Helm at Milaha

Qatar Navigation (Milaha) has appointed Abdulrahman Essa Al-Mannai as President & Chief Executive Officer, effective September 13th, 2015. He will succeed Khalifa Ali Al-Hetmi, who had previously announced his plan to retire. Al-Mannai previously led the commercial planning and allocation functions

about 11 years ago
Abu Dhabi Ports Marks Surge in Volumes
Business & Finance

Abu Dhabi Ports Marks Surge in Volumes

The United Arab Emirate-based port operator Abu Dhabi Ports has seen a 41% rise in container volumes in the first seven months in 2015 over the same period in 2014 at its flagship Khalifa Port Container Terminal. Over 772,000 TEUs were handled in the first seven months of 2015 at the terminal, up fr

about 11 years ago
Abu Dhabi Ports Marks Surge in Volumes
Business & Finance

Abu Dhabi Ports Marks Surge in Volumes

The United Arab Emirate-based port operator Abu Dhabi Ports has seen a 41% rise in container volumes in the first seven months in 2015 over the same period in 2014 at its flagship Khalifa Port Container Terminal. Over 772,000 TEUs were handled in the first seven months of 2015 at the terminal, up fr

about 11 years ago
Readers’ Picks of the Week (Sep 7th – 11th)
Business & Finance

Readers’ Picks of the Week (Sep 7th – 11th)

211 Kilos of Cocaine Found on board Teekay-Owned LNG Carrier About 211 kilos of cocaine was found on board the gas carrier Hispania Spirit by Peruvian authorities during an inspection on September 8th while the ship was anchored in… Read More LR: Commercial Ships of 2030 Will Be Smart, Green and Con

about 11 years ago
Readers’ Picks of the Week (Sep 7th – 11th)
Business & Finance

Readers’ Picks of the Week (Sep 7th – 11th)

211 Kilos of Cocaine Found on board Teekay-Owned LNG Carrier About 211 kilos of cocaine was found on board the gas carrier Hispania Spirit by Peruvian authorities during an inspection on September 8th while the ship was anchored in… Read More LR: Commercial Ships of 2030 Will Be Smart, Green and Con

about 11 years ago
Arab World APMT Unions Create Joint Strategy
Business & Finance

Arab World APMT Unions Create Joint Strategy

Twenty delegates from unions representing workers at APM Terminals in Bahrain, Egypt, Jordan, Morocco and Oman met in Aqaba, Jordan this week to agree on a joint approach to achieving a set of minimum standards for workers at the region’s terminals, according to the International Transport Workers’

about 11 years ago
Arab World APMT Unions Create Joint Strategy
Business & Finance

Arab World APMT Unions Create Joint Strategy

Twenty delegates from unions representing workers at APM Terminals in Bahrain, Egypt, Jordan, Morocco and Oman met in Aqaba, Jordan this week to agree on a joint approach to achieving a set of minimum standards for workers at the region’s terminals, according to the International Transport Workers’

about 11 years ago
Eni CEO: We’ll help Cyprus develop its energy potential
Business & Finance

Eni CEO: We’ll help Cyprus develop its energy potential

Gas found in Cyprus could be transferred to Europe through Eni’s facility in Egypt. That possibility was brought up Thursday during a meeting in Nicosia between Cypriot president and the Italian oil and gas company’s CEO. During his meeting with president Nicos Anastasiades, Eni’s Claudio Descalzi s

about 11 years ago
Aamal Ventures into Maritime Transportation
Business & Finance

Aamal Ventures into Maritime Transportation

Qatar-based Aamal Company Q.S.C. is venturing into vessel ownership and has set up a new subsidiary named Aamal for Maritime Transportation Services (AMTS) to pursue opportunities in this business sector. As informed, AMTS will take ownership of vessels initially to transport aggregates from Al Fuja

about 11 years ago
Aamal Ventures into Maritime Transportation
Business & Finance

Aamal Ventures into Maritime Transportation

Qatar-based Aamal Company Q.S.C. is venturing into vessel ownership and has set up a new subsidiary named Aamal for Maritime Transportation Services (AMTS) to pursue opportunities in this business sector. As informed, AMTS will take ownership of vessels initially to transport aggregates from Al Fuja

about 11 years ago
Alphaliner: Demand Keeps Boxship Oldtimers away from Breaking Yards
Business & Finance

Alphaliner: Demand Keeps Boxship Oldtimers away from Breaking Yards

Steady demand in the second hand market has saved some of the older container ships from the breaking yard, including tonnage initially intended to be sold to scrap buyers, but eventually acquired for further trading as the charter market staged a mini recovery earlier this year, according to shippi

about 11 years ago
Alphaliner: Demand Keeps Boxship Oldtimers away from Breaking Yards
Business & Finance

Alphaliner: Demand Keeps Boxship Oldtimers away from Breaking Yards

Steady demand in the second hand market has saved some of the older container ships from the breaking yard, including tonnage initially intended to be sold to scrap buyers, but eventually acquired for further trading as the charter market staged a mini recovery earlier this year, according to shippi

about 11 years ago
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