BIMCO’s Standard Bunker Contract 2015 was approved for publication at the organisation’s bi-annual Documentary Committee meeting held in Copenhagen on 7 November, BIMCO said. The objective of the new BIMCO bunker terms, as explained by the organization, is to provide carefully thought through terms
Swissco Holdings Limited has entered into a joint venture with Union Offshore Ltd, a company incorporated in the Republic of the Marshall Islands. The joint venture has secured a charter contract for up to a seven-year period to support an oil company in Asia Pacific. The value of this contract is w
Drydocks World and Maritime World, the international providers of maritime and offshore services to the shipping, oil, gas, and energy sectors have been awarded the Best Oil & Gas Project Award for outstanding Project Excellence on the Solan Project in the UK North Sea. The gala event was held on th
South Korea’s Hyundai Heavy Industries Co., Ltd. (HHI) has signed a contract for a $1.94 billion order for the second package of the Nasr Full Field Development Project from Abu Dhabi Marine Operating Company (ADMA-OPCO). According to the contract, HHI will undertake engineering, procurement, constr
Lamprell, a UAE-based offshore rig builder, has received a new contract award from National Drilling Company (NDC), Abu Dhabi, for the construction and delivery of two further high specification jack-up drilling rigs of a Super 116E (Enhanced) Class. This contract award is valued at approximately US
Saudi Arabia is experiencing exponential growth in its ports and shipping sectors with a number of mega infrastructural land and sea projects planned and currently in progress, totaling US$ 30 billion within the government’s current five-year plan. To promote internal and foreign direct investment s
DRAGFLOW, a world player in solid pumping solutions with over 25 years of experience in manufacturing heavy duty pumps and complete dredging equipment, will be present at Big 5 Exhibition, the International Building and Constructor Show, (November 17 – 20) in Dubai World Trade Center, and will revea
Container shipping line United Arab Shipping Company (UASC) revealed plans to make significant investment in new reefer units at WOP Dubai, the international perishables expo for the Middle East. UASC said that the expansion of its fleet of refrigerated units and enhanced geographic access to the So
Yemen’s Port of Aden welcomed its first containership in nearly five years on Sunday, November 9. Evergreen Shipping Line’s 8,452 TEU Ever Logic berthed at ACT to discharge transit containers to neighboring ports. This visit is considered the beginning of the process to return container transshipmen
The giant container ship “Ever Logic” of Evergreen Shipping Line, with a length of 335 meters and a tonnage of 8452 TEU, berthed at the Port of Aden two days ago to discharge transit containers to neighboring ports. This visit is considered the beginning of regaining container transshipment business
It is unacceptable to hit European businesses with the new so-called congestion surcharges, the European Shippers’ Council (ESC) says in a statement. Seeing no reason to impose these congestion surcharges, the ESC urges ship owners to minimize surcharges and bring all costs into a single negotiable
Boskalis Offshore was responsible for the post-lay installation of scour protection around 108 monopiles at the offshore wind farm West of Duddon Sands. 92,000 TE of 9 – 18” armour rock was installed through the side dump unit of DP fallpipe vessel Seahorse. With 108 wind turbines producing almost
An international oilfield services company, Expro, will showcase its pioneering well flow management solutions at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), from 10-13 November 2014. Product line experts will present the solutions with models and live demonstrations, i
NMDC Dredger Al Mirfa Enters Suez The official commencement of the Suez Canal Expansion Dredging Contract is now one step closer with the arrival of the first Consortium dredger, the National Marine Dredging Company’s ‘Al Mirfa’. Dutch, Egyptian MoU Signed Egypt and the Netherlands have signed [&h
