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Business & Finance

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IADC: New Terra et Aqua Available
Business & Finance

IADC: New Terra et Aqua Available

International Association of Dredging Companies (IADC) has just published the latest issue of Terra et Aqua, the official quarterly publication of IADC. The magazine is supported solely by the IADC as a service to the world-wide dredging community and represents IADC’s commitment to the highest stan

about 12 years ago
Dredge Yard Through 2014
Business & Finance

Dredge Yard Through 2014

Dredge Yard, with the offices in the United Arab Emirates, the Netherlands and Turkey, is becoming one of the world leaders in dredging market and mining components, equipment and mining technology. For a few years in a row, the company is proving that it is possible to have worldwide operations, go

about 12 years ago
Dolphin in Oman Seismic for Masirah
Business & Finance

Dolphin in Oman Seismic for Masirah

Masirah Oil has commissioned a new 3D seismic survey in Block 50 Oman. The seismic survey, will be undertaken by Dolphin Geophysical ASA with its vessel, Artemis Arctic. The seismic survey commenced in November 2014 and is scheduled to be completed within approximately 45 days following mobilisation

about 12 years ago
Royal HaskoningDHV Opens New Office in Jeddah, Saudi Arabia
Business & Finance

Royal HaskoningDHV Opens New Office in Jeddah, Saudi Arabia

Royal HaskoningDHV together with its Saudi partner has launched a new office in Jeddah, Saudi Arabia, for their joint venture SADECO (Saudi Dutch Engineering Consultancy). The office was officially opened during a festive reception on 27 November 2014 by H.E. Sheikh Amr Al-Dabbagh, Dabbagh Group Cha

about 12 years ago
Dispute Halts Operations at Aqaba Container Terminal
Business & Finance

Dispute Halts Operations at Aqaba Container Terminal

Operations at Aqaba Container Terminal (ACT), Jordan were halted on Monday morning as new dispute between the management and employees unravels at the facility. The disagreement resurfaced as workers opposed the new working hours regime proposed by the terminal’s management, introducing an eight-hou

about 12 years ago
Emirates Shipping Line Upgrades East Africa Service
Business & Finance

Emirates Shipping Line Upgrades East Africa Service

Dubai-based Emirates Shipping Line is launching two new services – the Gulf Mombasa Express (GMX) and the Gulf India Africa (GIA) with partners. To make these services operationally effective, 4 vessels of 1600 – 2200 TEU nominal capacity will be deployed on GMX service and 6 vessels of 2500 – 2700

about 12 years ago
‘Artemis Atlantic’ acquires seismic data offshore Oman
Business & Finance

‘Artemis Atlantic’ acquires seismic data offshore Oman

Masirah Oil Ltd has started a new 3D seismic survey in Block 50, offshore Oman. Norway’s Dolphin Geophysical ASA has been hired for the job. The seismic survey started in November 2014 and is scheduled to be completed within approximately 45 days following mobilisation. The Artemis Atlantic seismic

about 12 years ago
DNV GL Ushers In Gas Ready Notation
Business & Finance

DNV GL Ushers In Gas Ready Notation

International classification society DNV GL has developed the GAS READY class notation that gives owners, who at the new building stage want to prepare their vessel for a potential conversion to LNG operation after delivery, a useful framework for contracting. It provides a picture of the level of L

about 12 years ago
Busy and Successful 2014 for Italdraghe
Business & Finance

Busy and Successful 2014 for Italdraghe

Italdraghe, Italy’s leading dredging equipment builder, has had an extremely busy year. During 2014 it has seen increased sales of its popular range of BD dredging heads for excavators which have been put to use not only in river, lake and coastal projects but in mining applications, particularly in

about 12 years ago
Bulker Demand Prevalent in Newbuilding Market
Business & Finance

Bulker Demand Prevalent in Newbuilding Market

The newbuilding market saw four orders for 208k Newcastlemax at New Yangzijiang placed last week by German shipping company H.Vogemann, Clarkson reported in its Hellas Weekly S&P Bulletin. The first two vessels are slated for delivery in the end of 2016, with the remaining two scheduled for the firs

about 12 years ago
French Investors Eye Shahid Rajaee Port
Business & Finance

French Investors Eye Shahid Rajaee Port

During the recent visit to the largest commercial port of Iran, a group of French investors expressed their interest to invest in the Shahid Rajaee Port. The port’s hinterlands, container terminals 1 and 2, general cargo terminals and the 200 hectares of land dedicated to cargo storage and stocking

about 12 years ago
ICS Encourages Strict Sulphur Rules Implementation
Business & Finance

ICS Encourages Strict Sulphur Rules Implementation

The shipping industry is fully committed to total compliance with the 0.1% sulphur in fuel requirements in Emission Control Areas (ECA) from January 2015, and there is no reason to suggest that there will not be full compliance, says the International Chamber of Shipping (ICS). But there is “concern

about 12 years ago
Saudi Arabia Reveals USD 30 Bln Port Investment Plans
Business & Finance

Saudi Arabia Reveals USD 30 Bln Port Investment Plans

Saudi Arabian authorities have earmarked a USD 30 billion investment for development of the country’s port infrastructure and shipping sector. The investment forms part of a USD 100 billion strategy aimed at bolstering transport and logistics in the country by 2020 as need for larger and ever more c

about 12 years ago
Time to Invest in Port Infrastructure
Business & Finance

Time to Invest in Port Infrastructure

Although levels of unscheduled downtime have dropped, some 74 % of port owners and operators are experiencing unscheduled downtime, as indicated in Trelleborg’s latest Barometer Report. The report shows that port owners and operators still aren’t placing the necessary importance on placing whole lif

about 12 years ago
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