Middle Eastern container line United Arab Shipping Company (UASC) has established a wholly UASC-operated agency in Jordan. Uffe Østergaard, Chief Commercial Officer at UASC, said that Jordan is a key market for the line. UASC is therefore invested in recruitment of new staff to operate the agency in
DNV GL has developed a new unmanned floating LNG concept intended to unlock the potential of remote offshore gas fields by overcoming some of the exiting operational challenges. The concept is called Solitude and combines exiting technological advances into a solution that, according to DNV GL, offe
The dry bulk shipping market is not expected to return to profitability until 2017, despite a modest recovery in earnings anticipated over the next two years, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry. The dry bulk market has always b
The International Maritime Organization (IMO) has adopted the environmental part of the International Code for ships operating in polar waters (Polar Code) and associated MARPOL amendments to make the Code mandatory by the Marine Environment Protection Committee (MEPC). The MEPC was meeting for its
Why Containers Get Lost at Sea? Containerization has reformed the ocean transportation of cargo becoming the standard method of moving goods across the globe today. Read more Bremerhaven Crane Operator Dies in Boom Collapse A 52-year-old crane operator died last night at the German port of Bremerhav
An oil product tanker is reported to had been fired at by the Iranian naval forces while transiting the Gulf on Thursday. Singapore-flagged tanker Alpine Eternity was approached by five Iranian Revolutionary Guard Corps Navy ships at about noon (0800 GMT), Reuters said citing U.S. officials. The shi
United Arab Shipping Company (UASC) has recently published a time-lapse video of the construction of what the company calls ”the world’s greenest ultra-large container vessel” – the 18,800 TEU, LNG-ready MV Barzan. The MV Barzan was recently named at a ceremony held at Hyundai Samho Heavy Industries
KBR Inc, an American engineering, procurement, and construction company, has appointed Jay Ibrahim to serve as President of Engineering and Construction, Middle East and North Africa (MENA). According to KBR, Ibrahim has 21 years of experience in the Middle East Region, having served in a variety of
Dredge Yard recently delivered dredge valves of sizes 600, 700 and 750 mm internal diameter, needed for the discharge pipeline on board of two trailing suction hopper dredgers. Fabrication was done in-house at Dredge Yard’s production facilities. The body of the dredge valve was fabricated from high
The ”disappointingly” slow pace of ratifications of the Ballast Water Management Convention and a recent approval of a European CO2 Monitoring Reporting and Verification system are causes for concern, the International Maritime Organisation’s Secretary-General Koji Sekimizu said in his opening addre
Abu Dhabi Ports has seen volume increases across all of its different import and export trades in the first quarter of 2015, with its flagship Khalifa Port Container Terminal handling 302,151 TEUs for the period, a 35% boost year-on-year. Abu Dhabi Ports says one of the reasons behind this increase
The developments at Royal Boskalis Westminster N.V. (Boskalis) in 2015 to date have been positive and in line with the company’s expectations. Reported revenue increased compared to the same period in 2014. Revenue was stable when adjusted for acquisitions, divestments and currency effects. In the c
Lamprell, UAE based provider of fabrication, engineering and contracting services to the oil and gas industry, has announced that Peter Whitbread will be retiring. The company said that Whitbread, who is an ex-CEO and a non-executive director, will be retiring with immediate effect and that he will
An Italian dredger builder Italdraghe and its consortium partner CPN Srl are currently building three dredgers for the Iraqi Ministry of Water Resources. Following contract signing, work is already well underway on one Italdraghe SGT 400 D and two Italdraghe SGT 300 RB diesel cutter suction dredgers
