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Business & Finance

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Spotted: Austal Catamaran Ready to Join ADNOC Fleet
Business & Finance

Spotted: Austal Catamaran Ready to Join ADNOC Fleet

Australian shipbuilder Austal has delivered the first of two high speed catamaran ferries built for the Abu Dhabi National Oil Company (ADNOC). The contract for two 45-meter catamaran ferries was awarded in April 2014 and valued at approximately AUD 30 million, with the vessel constructed at Austal’

about 11 years ago
Spotted: Austal Catamaran Ready to Join ADNOC Fleet
Business & Finance

Spotted: Austal Catamaran Ready to Join ADNOC Fleet

Australian shipbuilder Austal has delivered the first of two high speed catamaran ferries built for the Abu Dhabi National Oil Company (ADNOC). The contract for two 45-meter catamaran ferries was awarded in April 2014 and valued at approximately AUD 30 million, with the vessel constructed at Austal’

about 11 years ago
Reefer Container Ship Fleet in Growth Mode
Business & Finance

Reefer Container Ship Fleet in Growth Mode

The specialised reefer fleet is shrinking and shows no signs of reversing in the future; however, the reefer container ship fleet has increased by 15% year-on-year and is set to grow 20% by 2018, according to Drewry’s latest Reefer Shipping Market Annual Review & Forecast. Consequently, with a capac

about 11 years ago
Reefer Container Ship Fleet in Growth Mode
Business & Finance

Reefer Container Ship Fleet in Growth Mode

The specialised reefer fleet is shrinking and shows no signs of reversing in the future; however, the reefer container ship fleet has increased by 15% year-on-year and is set to grow 20% by 2018, according to Drewry’s latest Reefer Shipping Market Annual Review & Forecast. Consequently, with a capac

about 11 years ago
Maersk Welcomes Suez Expansion
Business & Finance

Maersk Welcomes Suez Expansion

As the largest customer of the Suez Canal with more than 1,400 transits in 2014, the Maersk Group has welcomed the expansion of the Suez Canal and the advantages it entails. Egypt has all through the 20th and 21st century acted as the bridge between Europe and Asia thereby enabling global trade and

about 11 years ago
GAS Wins Shah Deniz 2 DSV Gig
Business & Finance

GAS Wins Shah Deniz 2 DSV Gig

GAS, member of Lighthouse Group, has been awarded a long-term contract from Saipem to provide offshore survey services on board the dive support vessel (DSV) Akademik Tofiq Ismayilov. The vessel will be used during the installation of the export and infield pipelines for the Stage II development of

about 11 years ago
WATCH LIVE: New Suez Opening
Business & Finance

WATCH LIVE: New Suez Opening

Dredging Today is bringing you live coverage of the New Suez Canal opening ceremony, hosted by the Egyptian President Abdel Fattah Al-Sisi. Live stream provided by the Abdel Fattah Al-Sisi official youtube channel

about 11 years ago
Hanjin Starts Calling at SOHAR
Business & Finance

Hanjin Starts Calling at SOHAR

SOHAR Port and Freezone has added South Korea’s container line Hanjin Shipping to its list of global shipping lines offering direct links to this Omani deepsea port. SOHAR held a special ceremony to welcome the arrival of the container ship M.V.Hanjin Hamburg into the port on August 5. The new 8,600

about 11 years ago
Hanjin Starts Calling at SOHAR
Business & Finance

Hanjin Starts Calling at SOHAR

SOHAR Port and Freezone has added South Korea’s container line Hanjin Shipping to its list of global shipping lines offering direct links to this Omani deepsea port. SOHAR held a special ceremony to welcome the arrival of the container ship M.V.Hanjin Hamburg into the port on August 5. The new 8,600

about 11 years ago
Horizon Geosciences Boost Fleet
Business & Finance

Horizon Geosciences Boost Fleet

UAE-based marine survey and geotechnical services provider, Horizon Geosciences, has expanded its fleet with a new geophysical survey vessel the Kommandor Stuart, primed for work in the North Sea and West Africa. The Kommandor Stuart is a multi-disciplinary DP1 survey vessel, rebuilt in 2006 featuri

about 11 years ago
Inchcape Shipping Services Looking For New CEO
Business & Finance

Inchcape Shipping Services Looking For New CEO

Inchcape Shipping Services (ISS) will start the search for a new Chief Executive Officer after the company’s CEO of nine years – Captain Claus Hyldager – announced his decision to step down. Captain Claus Hyldager has been CEO of Inchcape Shipping Services since January 2006. He was formerly COO of

about 11 years ago
Inchcape Shipping Services Looking For New CEO
Business & Finance

Inchcape Shipping Services Looking For New CEO

Inchcape Shipping Services (ISS) will start the search for a new Chief Executive Officer after the company’s CEO of nine years – Captain Claus Hyldager – announced his decision to step down. Captain Claus Hyldager has been CEO of Inchcape Shipping Services since January 2006. He was formerly COO of

about 11 years ago
WERPO to build wave energy plant off South Africa
Business & Finance

WERPO to build wave energy plant off South Africa

WERPO, an Israeli wave energy developer, has announced plans to construct a wave energy plant off South Africa. The implementation of 500 MW wave power plant will be conducted with WERPO’s South African partner Wadamba Technovations Pty, through their joint venture. South Africa’s nearly 3.000 km of

about 11 years ago
UASC Settles on US Shipping Act Violation Claims
Business & Finance

UASC Settles on US Shipping Act Violation Claims

U.S. Federal Maritime Commission (FMC) has completed compromise agreements with Dubai-based United Arab Shipping Company (UASC) and six non-vessel-operating common carriers (NVOCCs) for alleged violations of the U.S. Shipping Act and FMC’s regulations, recovering a total of USD 1,227,500 in civil pe

about 11 years ago
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