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Business & Finance

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Record Number of Divers Participate at Underwater Clean-Up Campaign
Business & Finance

Record Number of Divers Participate at Underwater Clean-Up Campaign

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

about 12 years ago
UAE: Jebel Ali Becomes Shipping Port of the Year for Sixth Time
Business & Finance

UAE: Jebel Ali Becomes Shipping Port of the Year for Sixth Time

The services and facilities of DP World’s flagship Jebel Ali Port have once again been recognised at the prestigious annual Supply Chain and Transport Awards (SCATA) 2014. For the sixth year, the ‘Shipping Port of the Year’ has been awarded to Jebel Ali Port. The award was received on behalf of DP W

about 12 years ago
Strong Results for DP World in 2014
Business & Finance

Strong Results for DP World in 2014

DP World Limited will today hold its Annual General Meeting for the year ended 31 December 2013. DP World Chairman Sultan Ahmed Bin Sulayem will make the following statement regarding operational performance in the first quarter of 2014: “DP World Limited handled 14.3 million TEU (twenty-foot equiva

about 12 years ago
UAE: Jebel Ali Port Wins SCATA 2014 Award
Business & Finance

UAE: Jebel Ali Port Wins SCATA 2014 Award

The world-class services and facilities of DP World’s flagship Jebel Ali Port have once again been recognised at the prestigious annual Supply Chain and Transport Awards (SCATA) 2014. For the sixth year, the ‘Shipping Port of the Year’ has been awarded to Jebel Ali Port. The award was received on be

about 12 years ago
Top News – April 21 to 27, 2014
Business & Finance

Top News – April 21 to 27, 2014

Liverpool2 to Become UK’s Largest Transatlantic Deep-Sea Port Peel Ports Group has awarded a multi-million pound contract to Shanghai-based Zhenhua Heavy Industries Co (ZPMC) to supply state-of-the-art ‘mega’ container cranes for its new Liverpool2 development. USA: Oregon Inlet Emergency Dredging

about 12 years ago
GMS to equip its two jack-up barges with NES technology
Business & Finance

GMS to equip its two jack-up barges with NES technology

Norwegian Electric System has announced that the company has signed new contracts with Gulf Marine Services, Abu Dhabi, for the two new GMS S-Class self-propelled jack-up barges. The scope of supply includes the full diesel electric package including: – NES`Quadro Drive® technology. Possibly the mos

about 12 years ago
Evergreen Line Enhances Red Sea Service
Business & Finance

Evergreen Line Enhances Red Sea Service

In preparation for the coming peak season, Evergreen Line is implementing service enhancements for the Red Sea market. The carrier will adjust the port rotation of its Far East – Red Service (FRS) and launch a new feeder loop. In addition, the line intends to further strengthen its Red Sea service n

about 12 years ago
Fearnleys Shows Slight Market Recovery
Business & Finance

Fearnleys Shows Slight Market Recovery

Over the last week, 62 firm newbuilding orders have been reported, according to Fearnleys. Optional vessels are being declared in all segments as newbuilding prices are still firming. Vogemann has declared their option for another 4 Newcastlemax vessels from JES. Price reported to 53 mill USD, which

about 12 years ago
Genel aims to raise $400M for field development
Business & Finance

Genel aims to raise $400M for field development

Genel Energy plc intends to issue $400 million in aggregate principal amount of senior unsecured bonds maturing in 2019. The oil explorer, run by former BP CEO Tony Hayward, said it would employ net proceeds from the Bonds towards a combination of field development costs as well as general corporate

about 12 years ago
Van Oord Posts Its 2013 Annual Report
Business & Finance

Van Oord Posts Its 2013 Annual Report

Van Oord, a leading international contractor specialising in dredging, marine engineering and offshore projects, published its annual report 2013 today. “Our company had a better year in 2013 than in 2012. We closed the year with the slightly lower turnover of EUR 1,641 million (2012: EUR 1,676 mill

about 12 years ago
Israel: DREDGEPACK to Help in Kishon River Restoration Project
Business & Finance

Israel: DREDGEPACK to Help in Kishon River Restoration Project

HYPACK Inc., a worldwide leader in hydrographic surveying and dredging software, was selected for the Kishon River Restoration Project. The Israeli Environmental Protection Minister launched an IMS Versi-Dredge® outfitted with the DREDGEPACK® real time dredge monitoring system. Throughout the next s

about 12 years ago
New 374F and 390F Hydraulic Excavators from Caterpillar
Business & Finance

New 374F and 390F Hydraulic Excavators from Caterpillar

Caterpillar has introduced its new Cat® 374F and 390F hydraulic excavators, which will include low fluid consumption for minimal operating costs, optimum operator comfort, easy serviceability, and class-leading productivity. With respective net power ratings of 352 kW and 391 kW, the Cat C15 ACERT™

about 12 years ago
Gupco takes delivery of VOS Aphrodite AHTS
Business & Finance

Gupco takes delivery of VOS Aphrodite AHTS

Vroon, a Dutch company providing offshore support vessels to the international oil and gas industry, today said its VOS Aphrodite vessel has been delivered to Gupco. The VOS Aphrodite anchor handling tug supply vessel will join the VOS Appolo vessel in the Gulf of Suez. The client Gupco or Gulf of S

about 12 years ago
Deltares Inks Alliance with Kuwait
Business & Finance

Deltares Inks Alliance with Kuwait

Deltares signed a Memorandum of Understanding with Kuwait’s Environment Public Authority, the government agency responsible for the country’s environment. One of the EPA’s duties is to collect data as a basis for environmental policy and spatial planning. Support for sustainable coastal management D

about 12 years ago
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