Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) NYK signed a joint-venture agreement on Thursday with Saudi Arabia’s Ports Development Company (PDC) to establish NYK’s first exclusive RORO terminal operating company at King Abdullah port (KAP) on the Red Sea coast of Saudi Arabia.
Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) NYK signed a joint-venture agreement on Thursday with Saudi Arabia’s Ports Development Company (PDC) to establish NYK’s first exclusive RORO terminal operating company at King Abdullah port (KAP) on the Red Sea coast of Saudi Arabia.
The 18,000 TEU CMA CGM Bouganville has become the largest container ship sailing under the flag of France after starting its rotation in CMA CGM’s Asia French line Thursday, September 3. The 400-meter-long, 54-meter wide boxship is the fourth vessel in the company’s 18,000 TEU series, and was named
The 18,000 TEU CMA CGM Bouganville has become the largest container ship sailing under the flag of France after starting its rotation in CMA CGM’s Asia French line Thursday, September 3. The 400-meter-long, 54-meter wide boxship is the fourth vessel in the company’s 18,000 TEU series, and was named
The dry bulk shipping market will remain in recession due to contracting demand for iron ore and coal, and any recovery is not expected until 2017, according to the Dry Bulk Forecaster report published by global shipping consultancy Drewry. Falling demand and oversupply has severely impacted commodi
The dry bulk shipping market will remain in recession due to contracting demand for iron ore and coal, and any recovery is not expected until 2017, according to the Dry Bulk Forecaster report published by global shipping consultancy Drewry. Falling demand and oversupply has severely impacted commodi
Subsea World News has gathered all the highlights to bring you a summarized version of the most popular articles from the previous month. The month of August has seen companies adjusting to tough market environment with further workforce reductions, shipowners laying-up vessels and some major deals
Nexans, a France-based supplier of cables and umbilicals for the international oil and gas industry, has won a contract by Hyundai Heavy Industries Co (HHI) to supply its subsea cables for the development of the Nasr oilfield, offshore Abu Dhabi, UAE. This follows the award of a contract worth aroun
Nexans’ subsea cables will power the new super complex at the heart of the future development of the Nasr oil field, offshore from Abu Dhabi in the UAE. This follows the award of a contract worth around € 90 millions by the EPC contractor, Hyundai Heavy Industries (HHI), for Nexans to supply high vo
Following the success of its 3rd Marine and Coastal Engineering Summit that took place last year in Doha, IQPC is organizing the Port Development Week which will take place from 6-9 September 2015, again in Doha. This event will serve as an interactive platform for all project stakeholders and will
September 15th 2015 is the “Call for Papers” deadline for the XXI World Dredging Congress (WODCON). In June 2016, WEDA will host the WODCON, the only worldwide conference dedicated exclusively to dredging and maritime construction. WODCON XXI, occurring in the Western Hemisphere every 9 years, will
Dubai-based seismic specialist, Polarcus, has signed a contract for a broadband 3D marine seismic project offshore Australia. The company said that it would be utilizing its XArray technique for this broadband high cross line density data acquisition. Polarcus did not disclose the identity of the cl
The International Energy Agency (IEA) has welcomed Dr. Fatih Birol as the new Executive Director. The energy agency notes that having worked at the IEA for 20 years, Dr. Birol starts the job with an intimate knowledge of where its strengths lie and where – and how – it can improve its ability to eff
Iran’s South Pars oil layer and three gas fields will be offered to foreign investors at a conference in London where Iran has planned to unveil its new contract formula, the National Iranian Oil Company (NIOC) has quoted an energy official as saying. The conference planned for December is aimed at
