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Business & Finance

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Rolls-Royce to Power World’s First Seabed Mining Ship
Business & Finance

Rolls-Royce to Power World’s First Seabed Mining Ship

Rolls-Royce has secured a landmark agreement to supply six of its new B33:45 medium-speed diesel generator sets to China’s Fuijan Mawei shipyard for configuration aboard the world’s first ever seabed mining vessel. The pioneering vessel, designed by Singapore’s SeaTech Solutions for Dubai-based owne

about 11 years ago
EU to Blacklist Iranian Shipping Companies Again
Business & Finance

EU to Blacklist Iranian Shipping Companies Again

The European Union is about to reinstate sanctions against 40 Iranian shipping companies as it turns up the heat against Tehran over its nuclear program. The European Council sent a letter two weeks ago to the shipping firms’ lawyer Maryam Taher, claiming that the reasons for the intended re-listing

about 11 years ago
Van Heck Supplies Pumps for New Port Project
Business & Finance

Van Heck Supplies Pumps for New Port Project

Van Heck Group will supply eight HK700 pumps to Hyundai Engineering & Construction for phase three of the New Port Project in Qatar. The pumps will be used, for a scheduled period of 20 to 30 weeks, to return the process water used in dredging through a series of sedimentation ponds back to the open

about 11 years ago
WERPO eyes Grenada for wave system deployment
Business & Finance

WERPO eyes Grenada for wave system deployment

WERPO is arranging the beginning of negotiations in the private and public sectors in Grenada, in order to implement its wave energy technology off the coast of this island country. In mid-December WERPO announced the partnership agreement with Seedsowers Investors and Developer, appointing Seedsowe

about 11 years ago
GEM Bags $65.6M Contract in Qatar
Business & Finance

GEM Bags $65.6M Contract in Qatar

Gulf Earth Moving (GEM), a Qatar-based subsidiary of the Belgian Aertssen Group, has just won a $65.6 million worth land reclamation contract from the New Port Project Steering Committee (NPPSC). According to the deal, GEM will create 3 million m² of extra terrain for the New Qatar Emiri Naval Base

about 11 years ago
SIPG Wins Tender to Operate New Haifa Port
Business & Finance

SIPG Wins Tender to Operate New Haifa Port

Operator of China’s largest port Shanghai International Port Group (SIPG) has won a tender to operate the new port being developed in Haifa Bay, Israel Ports Company said on Monday. The construction of the new port is scheduled to begin this year and the port is expected to start operations in 2021.

about 11 years ago
News in Photos: Making the New Hamad Port
Business & Finance

News in Photos: Making the New Hamad Port

The Deputy Emir of Qatar, His Highness Sheikh Abdullah bin Hamad Al Thani last month officially started the controlled flooding operations for the new Hamad Port Project. The New Port Project Steering Committee awarded MEDCO (Middle East Dredging Company Q.S.C.) approx. €1 billion contract for the d

about 11 years ago
Circle Oil Director and CEO steps down
Business & Finance

Circle Oil Director and CEO steps down

Circle Oil, the Middle East and North Africa focused oil and gas exploration, development and production company, has announced that Professor Chris Green has now resigned as a Director and as Chief Executive Officer of the company. According to Circle Oil, Professor Green had, as already announced

about 11 years ago
Drewry: Revolution in Container Handling Needed
Business & Finance

Drewry: Revolution in Container Handling Needed

A revolution in container handling is required, the port industry equivalent of the “double-decker jetway”.

about 11 years ago
Milaha Launches Direct Container Service between Qatar and India
Business & Finance

Milaha Launches Direct Container Service between Qatar and India

Milaha Maritime & Logistics, a subsidiary of the Qatar based Milaha Group, is launching the first direct container service between Qatar and India. The non-stop service will connect Qatar’s Doha port with India’s largest port Nhava Sheva, also known as Jawaharlal Nehru Port, located in Mumbai, Mahar

about 11 years ago
DP World Joins Maldives Port Development Project
Business & Finance

DP World Joins Maldives Port Development Project

Dubai-headquartered marine terminal operator DP World has signed a Memorandum of Understanding (MoU) with Maldivian government officials for the development of the archipelago’s ports and logistics industry. The meeting was attended by a Maldivian government delegation including Minister of Tourism

about 11 years ago
DP World, Maldivian Government Ink MoU
Business & Finance

DP World, Maldivian Government Ink MoU

In a strengthening of ties between the UAE and the Maldives, global marine terminal operator DP World has signed a Memorandum of Understanding (MoU) with Maldivian government officials in Dubai for the development of the archipelago’s ports and logistics industry. The meeting, which was attended by

about 11 years ago
OGS to Manage SeaMeWe-5 Qatar and Oman Landing Stations
Business & Finance

OGS to Manage SeaMeWe-5 Qatar and Oman Landing Stations

Ooredoo Global Services (OGS), the wholesale arm of telecommunications provider Ooredoo, has announced three major agreements that will extend its range of services and international support. Yousuf Abdulla Al-Kubaisi, CEO, OGS, said: “Ooredoo Global Services continues to forge ahead with its strate

about 11 years ago
Readers’ Picks of the Week (16th-20th March)
Business & Finance

Readers’ Picks of the Week (16th-20th March)

Update: MSC Cruises’ Death Toll Rises to Twelve Twelve guests of MSC Cruises have been confirmed dead following the terrorist attack during a shore excursion at the port of La Goulette, Tunisia on Wednesday…. Read more Interview: Alfa Laval Scrubber Sales Forge Ahead Swedish engineering group Alfa L

about 11 years ago
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