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Business & Finance

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Readers’ Picks of the Week (July 21- 25, 2014)
Business & Finance

Readers’ Picks of the Week (July 21- 25, 2014)

VIDEO: Float-On and Transport of Costa Concordia Onboard Dockwise Vanguard Following the successful parbuckling of Costa Concordia, and in anticipation of the pending refloat, Dockwise, a wholly-owned subsidiary …Read more Dockwise Vanguard to Transport Costa Concordia Wreck? Dockwise Vanguard may b

about 12 years ago
EXCLUSIVE: Dragflow Introduces “High Depth Dredging”
Business & Finance

EXCLUSIVE: Dragflow Introduces “High Depth Dredging”

Dragflow, a world player in solid pumping solutions with over 25 years of experience in manufacturing heavy duty pumps and complete dredging equipment, has submitted their presentation on High Depth Dredging, exclusively for Dredging Today readers. Growth of global population, tourism, transportatio

about 12 years ago
Dredge Yard Increases Its Capacity in Turkey
Business & Finance

Dredge Yard Increases Its Capacity in Turkey

Dredge Yard recently acquired and installed additional new machines in its facility in Turkey. This equipment, CNC vertical lathes and CNC Pattern Maker, will increase their capacity in the machining and assembly shop and to align with the capacity of the casting and fettling. Dredge Yard with its s

about 12 years ago
Cargo Cruises aboard Giants of the Seas
Business & Finance

Cargo Cruises aboard Giants of the Seas

CMA CGM Group is now offering genuine cruises aboard its biggest vessels, the new 16,020 TEUs container ships, such as the Marco Polo or the Alexander von Humboldt. These giants of the seas (365 meters long, which is equivalent to more than 4 soccer fields), are among the largest vessels of their

about 12 years ago
Container Volumes Up at DP World
Business & Finance

Container Volumes Up at DP World

DP World Limited handled 29.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first half of 2014, with gross container volumes growing by 9.3% on a like-for-like basis. On a reported basis gross volumes grew by 10.7% with new volumes at London

about 12 years ago
N-KOM gets two contracts from GDI
Business & Finance

N-KOM gets two contracts from GDI

Gulf Drilling International Limited (GDI), a subsidiary of Gulf International Services (GIS), an oilfield service company in Qatar, has awarded two contracts worth $110 million to Nakilat-Keppel Offshore & Marine (N-KOM), a joint venture shipyard between Nakilat and Singapore’s Keppel Offshore & Mar

about 12 years ago
Cruise Liners Scratching Israel off Itineraries
Business & Finance

Cruise Liners Scratching Israel off Itineraries

Following the recent surge of violence in the Gaza Strip, sister companies Regent Seven Seas Cruises and Oceania Cruises have decided to steer clear of Israel, Asia Cruise News reports. The decision is also based on the close shave the German AIDAdiva had when caught amidst a rocket attack at the

about 12 years ago
Promising Times Ahead for Abu Dhabi Ports
Business & Finance

Promising Times Ahead for Abu Dhabi Ports

General cargo moving through Abu Dhabi’s commercial Ports has increased by 37% this year. ADPC’s commercial ports (Musaffah, Khalifa and Zayed Ports) have handled 6.4 million FT of general cargo, compared to 4.7 million FT in the first half of 2014. This is an increase of 1.74 million FT (freight

about 12 years ago
Xodus signs vibration services contract with Qatargas
Business & Finance

Xodus signs vibration services contract with Qatargas

International energy consultancy Xodus Group has been awarded a contract with Qatargas to provide vibration engineering services at onshore and offshore facilities. Working in partnership with Chiyoda Almana Engineering, Xodus will look to develop a long‐term piping integrity management programme to

about 12 years ago
Bandar Abbas Hosts First Foreign Ship after Sanctions Lift
Business & Finance

Bandar Abbas Hosts First Foreign Ship after Sanctions Lift

Wan Hai 512, a 4,680 TEU vessel owned by Thailand-based shipper Wan Hai Lines, has become the first international vessel to call at the port of Shahid Rajayee in Bandar Abbas after lifting of sanctions on the southern Iranian port on 15 July, Iranian Ports and Maritime Organization said. The vesse

about 12 years ago
GLDD Nabs Land Reclamation Contract in Bahrain
Business & Finance

GLDD Nabs Land Reclamation Contract in Bahrain

Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States and a major provider of environmental and remediation services, announced the award of a contract valued at approximately $35 million with the Ministry of Works in Bahrain. The contract encompasses

about 12 years ago
ZIM’s Emission Performance On Track
Business & Finance

ZIM’s Emission Performance On Track

The CCWG (Clean Cargo Working Group) of BRS, an industry-wide initiative dedicated to improving the environmental performance of marine transport, has published its 2013 results, accumulated from 22 top carriers worldwide, covering about 85% of the global container cargo carried in 2013. ZIM, the

about 12 years ago
Bahri Takes Over First Vessel from Vela’s Fleet
Business & Finance

Bahri Takes Over First Vessel from Vela’s Fleet

The National Shipping Company of Saudi Arabia (Bahri) said that it has concluded the first phase of the process of merging the Vela fleet and operations with Bahri. Namely, Matar Star the first of the VLCC vessels in the Vela fleet, was transferred to Bahri’s ownership on Monday 21 July 2014 and h

about 12 years ago
Many Govts Still Not Ready for PSC Inspections ahead of Sulphur Switch
Business & Finance

Many Govts Still Not Ready for PSC Inspections ahead of Sulphur Switch

The International Chamber of Shipping (ICS) is encouraging the Paris Memorandum of Understanding on Port State Control to ensure that a harmonised approach to PSC inspections has been developed in advance of the 1 January 2015 deadline with respect to the implementation of the 0.1% Sulphur Emission

about 12 years ago
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