Jebel Ali has made it into the latest Top 10 list of the world’s largest ports as the only port outside the Far East. DP World Chairman HE Sultan Ahmed bin Sulayem credits the achievement to Dubai’s visionary leadership in creating the infrastructure and the business environment to drive continuous
Jebel Ali is the only port outside the Far East to make it into the latest Top 10 list of the world’s largest ports – an achievement DP World Chairman HE Sultan Ahmed bin Sulayem credits to Dubai’s visionary leadership in creating the infrastructure and the business environment to drive continuous g
TAQA, the Abu Dhabi National Energy Company, has appointed Ryan Wong, currently Group Vice-President Treasury, to the position of acting Chief Financial Officer (CFO) effective 1 October.
A new shipping alliance has been formed between three boxship giants, as confirmed by the CMA CGM Group, which has signed three major agreements with China Shipping Container Lines (CSCL) and United Arab Shipping Company (UASC), forming what will be known as the Ocean Three. The alliance is formed o
The National Shipping Company of Saudi Arabia (Bahri) has acquired six vessels from the Vela fleet with the latest VLCC transferred to Bahri’s ownership that took place on Monday 8 September 2014. The latest fleet addition is former Pisces Star, now renamed to Hilwah. Bahri said it would notify the
Volumes of handled cargo at container ports are expected to accelerate considerably on annual level, according to UK-based shipping consultants Drewry. 840m TEU% estimated container volume growth by 2018 By 2018, the world’s container ports are forecast to handle more than 840 million teu a year, wh
Gulf Drilling International Ltd. (GDI), a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, officially signed four new contracts and four contract extensions with Qatar Petroleum (QP) for the provision of drilling rig services, each having a term of five
Dredge Yard, one of the world’s leading manufacturers of dredging and mining equipment, took part at the “Dredging in India” conference, held in Mumbai from 3-4 September 2014, and presented its new model, the ECO200 dredger. At the event, the company’s Operations Manager, Michel Debo introduced a c
TASNEEF, the first national classification society in UAE, has signed a Memorandum of Understanding with Drydocks World and Dubai Maritime City (DMC), aimed at providing classification services to the world’s first LNG-powered harbor tug carrying the trade mark “Elemarateyah”. The tug will have a du
When designing the new Cat® M318F and M320F Wheel Excavators, Caterpillar solicited customer input for characteristics considered important. Heading the list were initial quality and reliability, low operating costs, operator comfort and safety, simplicity of operation and maintenance, durability, a
Floating production systems remained in demand this year as the offshore gas and oil industry have spent over USD 16 billion on newbuild contracts, Energy Maritime Associates (EMA) announces in its analysis of the floating production sector published in 2014 Q3 Report for FPSOs, Semis, TLPs, FLNGs,
Singapore-based Charisma Energy Services has secured a 7-year contract with an approximate value of $72 million to provide a fleet of 5 offshore support vessels. The vessels will be used to support the marine and oil & gas activities of a Middle Eastern national oil company in the Arabian Sea. The
The 3rd Marine & Coastal Engineering Summit will take place in Doha, Qatar, from 14–17 September, 2014. The summit will look to highlight master planning marine structures and optimizing cost and time in project delivery and many other issues. This event will bring together government representative
A new Green Infrastructure (GI) guide, launched this week at World Water Week, is set to raise much needed awareness of the benefits of GI solutions for water resources management, according to the United Nations Environment Program (UNEP). The Green Infrastructure Guide for Water Management: Ecosys
