Drydocks World the leading international service provider to the marine and maritime sectors including to the oil & gas and energy industry, today announced the completion of major repair and refurbishment of National Drilling Company’s (NDC) jack-up drilling rig Al Ittihad. The company has successf
The Shah Deniz consortium announces a major offshore transport and installation contract award for the Stage 2 development of the Shah Deniz field to the BOS Shelf LLC, Saipem Contracting Netherlands B.V. and Star Gulf FZCO consortium. The award of this $1.8 billion contract, part of the Shah Deniz
Aqaba Container Terminal (ACT) serves as a good example of achievement based on its solid operational structure, performance monitoring, sustainability and privatization success, according to a report issued by the Jordanian government at the end of March 2014. The report compiled by financial, lega
Lion Shipbrokers, a shipbroking firm incorporated in the Marshall Islands, said in its weekly report that a total of 14 vessels changed their owners last week (from 17th to 25th of April). The sold vessels include nine bulkers, one container vessel and four tankers. The sold vessels are as follows:
The Deltares Annual Report for 2013 has been made public. It consists of three parts. The first part includes an overview of the main Deltares projects in 2013. It describes the Deltares’ knowledge development in the five social themes targeted by Deltares. The second part shows how Deltares shares
The National Shipping Company of Saudi Arabia (Bahri) took delivery of a new vessel specialized in general cargo with a size of 26,000 DWT in South Korea on 28th April 2014. The ship was named “Bahri Yanbu” and it was built by Hyundai MIPO in South Korea. This is the sixth vessel and the last [&hell
The Jordanian government has issued a report at the end of March 2014 compiled by financial, legal and business experts, representing a variety of market sectors in Jordan to access the operations of privatized entities. The report showed the success of privatization efforts depends on operational s
Watchstanders at the United States Coast Guard Sector Guam command center received notification at 11:40 a.m. on Sunday of an injured crewmember aboard the merchant vessel Tenso approximately 362 miles east of Guam. The Liberian-flagged cargo ship Tenso requested a medical evacuation for a 39-year-o
Deputy Permanent Secretary of the Cypriot Ministry of Foreign Affairs Ambassador Tasos Tzionis and the Ambassador of Israel in Cyprus Michael Harari signed an Agreement on the exchange and protection of confidential information with respect to hydrocarbons discovered in Block 12 in Cyprus’ Exclusive
After the federalist rebels had reached an agreement with the Libyan Government early this month to reopen the country’s two occupied oil ports, the Zueitina and Hariga, with two more to follow, the Ras Lanuf and Es Sider, the Hariga terminal was the only one to re-start exports, according to ICAP S
In a resounding sustainability achievement, ADMA-OPCO in collaboration with Abu Dhabi Port Company have set a new world record for the most participants in an underwater clean-up (Single Venue) as part of the “Dive Together To Protect Our Marine Environment” Campaign organized on April 23rd. Collect
MAC has announced the successful launch of the first in a series of 60m DPS-2 PSV, at the company’s partner shipyard, Fujian Mawei, in China. The MAC – MAWEI designed 60m PSV follows on from a series of nine 58m PSVs built by MAC over the last 8 years, six of which were sold to […]
VOS Aphrodite was delivered last week to Gupco (Gulf of Suez Petroleum Company, a joint venture between BP and EGPC) at the start of a two-year charter. The vessel will operate from Ras Shukeir in the Gulf of Suez, together with VOS Apollo. Both vessels have been modified with walk-to-work systems o
National Marine Dredging Company (NMDC), the UAE-based firm, has won a multi-million reclamation contract as part of the projected East Sitra Town scheme. Housing Minister Basem bin Yacoub Al-Hamer sealed the deal yesterday with NMDC Chairman Mohamed Thani Murshed Al Rumaithi. UAE Ambassador to Bahr