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Business & Finance

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Marsol introduces oil & gas services branch
Business & Finance

Marsol introduces oil & gas services branch

Marsol International Ltd, a Dubai-based marine solutions provider focused on the offshore oil terminal market and related infrastructure, has announced the registration of its new subsidiary, Marsol Oil & Gas Services LLC. The subsidiary will be operated from a new office facility in the Port of Fuj

about 11 years ago
Interview: APM Terminals Stands Ready for Giant Boxships
Business & Finance

Interview: APM Terminals Stands Ready for Giant Boxships

Dutch-headquartered container terminal operator APM Terminals, part of Maersk Group, opened a new terminal facility at Port of Rotterdam’s Maasvlakte II, hailed as world’s first fully-automated, zero emissions container terminal. The 86 hectare (212 acre) deep-water terminal features 1,000 meters of

about 11 years ago
BIRD Energy launches USD 1 mln funding opportunity
Business & Finance

BIRD Energy launches USD 1 mln funding opportunity

BIRD Energy has issued a new call for proposals for collaborative US – Israel renewable energy and energy efficiency projects. To be considered, a project proposal must include R&D cooperation between two companies or cooperation between a company and a university/research institution (one from the

about 11 years ago
Lamprell wins jack-up rig option from NDC
Business & Finance

Lamprell wins jack-up rig option from NDC

National Drilling Company (NDC), Abu Dhabi, has exercised one of its existing options and awarded a contract to Lamprell for the construction and delivery of a high specification jack-up drilling rig. Lamprell has previously been awarded contracts by NDC for a series of eight rigs and this ninth rig

about 11 years ago
SGP’s New Terminal Welcomes Its First Vessel
Business & Finance

SGP’s New Terminal Welcomes Its First Vessel

Saudi Global Ports (SGP), a joint venture company formed between Public Investment Fund (PIF) of the Kingdom of Saudi Arabia and PSA International, started earlier this month its commercial operations at the container terminal in the King Abdul Aziz Port in Dammam. On 23 April 2015, SGP handled the

about 11 years ago
SGP Opens Second Container Terminal in Dammam
Business & Finance

SGP Opens Second Container Terminal in Dammam

Saudi Global Ports (SGP), a joint-venture company formed between the Public Investment Fund (PIF) of the Kingdom of Saudi Arabia and Singapore-based port and terminal operator PSA International (PSA), started its commercial operations this month at the second container terminal in the King Abdul Azi

about 11 years ago
COSCO Pacific Bolsters Quarterly Profit by Fifth
Business & Finance

COSCO Pacific Bolsters Quarterly Profit by Fifth

The Hong Kong-headquartered COSCO Pacific handled 16.5 million TEUs throughout its container terminals in the first quarter of 2015, a 6.6% increase compared to 15.5 million TEUs the ports and terminals arm of the COSCO Group handled in the first three months of 2014. The improved throughput transla

about 11 years ago
Milaha Begins Year on Strong Note
Business & Finance

Milaha Begins Year on Strong Note

Qatar Navigation (Milaha) Q.S.C. is off to a strong start based on its financial results for the three months ended March 31, 2015. Milaha’s operating revenues reached QR 786 million against QR 699 million for the same period in 2014, an increase of 12% quarter over quarter. The company’s operating

about 11 years ago
Carimin Teams Up with MOS and PAI
Business & Finance

Carimin Teams Up with MOS and PAI

Malaysia’s Carimin Engineering has entered into collaboration agreements (COA) with Makamin Offshore Saudi Ltd. (MOS) and Petro Allied International (PAI). Carimin Engineering has experience and expertise on Hook-up and commissioning (HUC), topside major maintenance (TMM), subsea services, marine ve

about 11 years ago
DP World Improves Quarterly Volumes
Business & Finance

DP World Improves Quarterly Volumes

Dubai-headquartered terminal owner and operator DP World Limited handled 15 million TEUs throughout its container terminals in the first quarter of 2015, with gross container volumes growing by 4.4% compared to the same period in 2014. The consolidated terminals, those where DP World has control as

about 11 years ago
Drewry: Forget Faster Services, Demand Reliability
Business & Finance

Drewry: Forget Faster Services, Demand Reliability

Some shippers want faster services but they would probably be better served demanding better reliability first as carriers are too far down the slow streaming road to change course now and would require heavy persuasion even to consider introducing faster options, according to the UK-based Drewry Sh

about 11 years ago
Carimin in new collaboration deal
Business & Finance

Carimin in new collaboration deal

Carimin Petroleum Berhad’s subsidiary, Carimin Engineering, has on April 24, 2015 entered into collaboration agreements with Makamin Offshore Saudi Ltd. Company (MOS) and Petro Allied International (PAI). The companies entered the collaboration agreement in order to combine their resources and exper

about 11 years ago
Readers’ Picks of the Week (20-24 of Apr)
Business & Finance

Readers’ Picks of the Week (20-24 of Apr)

Video: NASSCO Launches World’s First LNG-Powered Container Ship The US shipbuilder General Dynamics NASSCO christened and launched the world’s first container ship powered by liquefied natural gas (LNG) at its shipyard…. Read more Susan Maersk Runs Aground in Suez Canal Danish-flagged containership

about 11 years ago
Highlights of the Week – Readers’ Choice
Business & Finance

Highlights of the Week – Readers’ Choice

This week’s Highlights bring you very interesting stories from Van Oord, DEME, Liebherr and Croatian shipbuilder Uljanik, news stories that were the most read on Dredging Today this week. Without further ado, here are the news that marked this week in dredging industry: Exceptional Year for Va

about 11 years ago
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