China Harbour Engineering Company (CHEC) today held a groundbreaking ceremony in Ashod marking the beginning of construction of Israel’s new port project. The ceremony was officiated by Prime Minister Benjamin Netanyahu and other State dignitaries. Speaking at the ceremony in southern Ashdod, Prime
Carriers will need to provide transparent cost calculations to exporters and importers to justify the cost surcharges which they have announced from January 2015, according to Drewry Shipping Consultants. Carriers do face additional costs to meet the tighter pollution rules Drewry says, but may have
VOSTA LMG, a leading engineering and contracting company which serves the worldwide dredging industry, will attend the Seatrade Middle East Maritime (SMEM) conference. This event will take place in the Dubai International Convention and Exhibition Center, from 28-30 October 2014. VOSTA LMG staff wil
Claxton Engineering, an Acteon company, has been awarded a 12-month contract for multiple well slot recoveries in the Arabian Gulf. Claxton’s Dubai office will perform diamond wire cutting and subsea drilling and pinning, and provide a surface conductor recovery package, including band saws and doub
DP World Limited handled 44.8 million TEUs (twenty-foot equivalent units) across its global portfolio of container terminals during the first nine months of 2014, with gross container volumes growing by 9.0%. On a reported basis gross container volumes grew by 10.1% with new volume at London Gateway
DP World Limited handled 44.8 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first nine months of 2014, with gross container volumes growing by 9.0% on a like-for-like basis. On a reported basis gross container volumes grew by 10.1% with new
Claxton Engineering, an Acteon company, has been awarded a 12-month contract for multiple well slot recoveries in the Arabian Gulf, enabling a field operator to extend the economic life of its platform and well assets. Claxton’s Dubai office will perform diamond wire cutting and subsea drilling and
The National Shipping Company of Saudi Arabia (Bahri) recorded a SAR 84.8 million (USD 22.4 million) net profit in the third quarter of 2014, 49.9 pct lower than in the same period last year, Bahri’s interim financial results ending on 30th of September show. Bahri’s net profit stands currently at S
The MS Rotterdam is the first cruise ship to call on Abu Dhabi Ports Company’s (ADPC) Zayed Port in the new season which will see 93 ships and 220,000 passengers visit Abu Dhabi. Gary Lemke, EVP Ports, said: “This year we have more exciting cruise developments than ever before – work is underway on
Qatargas sold its first cargo of liquefied natural gas (LNG) to Jovo LNG Storage and Transportation Co., Ltd. (JOVO), an independent LNG importer from the People’s Republic of China. The 64,000 cubic meter cargo was sold on a free-on-board basis and loaded on to the vessel LNG Lerici at Ras Laffan p
Drydocks World has been chosen to carry out the drydocking and repairs of the jack-up “High Island IV” for Shelf Drilling, one of the major players in the shallow water drilling market, and owners of 40 rigs worldwide. Drydocks World-Dubai has a successful past with Shelf Drilling, previously comple
Clyde and Co: Ships with Fatigued Crew Unseaworthy If a ship’s crew doesn’t receive enough rest while trying to keep up with a ship’s schedule, there should be a regulatory framework under which the ship could be considered unmanned or unseaworthy, Law firm Clyde and Co claims… Read More BIMCO: Chan
The United Arab Emirates-based superyacht manufacturer Gulf Craft is planning to invest USD 100 million over the next five years in a new shipyard for luxury yachts spanning over approximately 900,000 square feet within the Dubai Maritime City complex. Commenting on the announcement, Mohammed Hussei
APM Terminals has issued a statement that disputes The International Transport Workers’ Federation (ITF) press release on Aqaba which describes how Jordanian employees within the General Union of Port Workers (GUPW) went on strike last week over contract changes and the company’s failure to negotiat
