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Business & Finance

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Piracy on the Seven Seas at Its Lowest
Business & Finance

Piracy on the Seven Seas at Its Lowest

The International Chamber of Commerce’s International Maritime Bureau (IMB) has revealed that piracy on the world’s seas is at its lowest first-quarter level since 2007, but warns that the threat is still present. The latest IMB Piracy Report, published today, shows 49 piracy incidents in the first

about 12 years ago
Kalmar to Support DP World’s Expansion at Jebel Ali Port
Business & Finance

Kalmar to Support DP World’s Expansion at Jebel Ali Port

Kalmar, part of Cargotec, has been awarded important orders to supply DP World’s Jebel Ali Port in Dubai with 125 terminal tractors and 12 empty container handlers. The orders were booked into Cargotec’s 2014 first quarter order intake with deliveries of the terminal tractors scheduled to be complet

about 12 years ago
Saudi Aramco keeps three Rowan jack-ups
Business & Finance

Saudi Aramco keeps three Rowan jack-ups

Saudi Aramco, a Saudi Arabian oil company, has extended contracts for three jack-up rigs with Rowan, a Houston-based drilling contractor.

about 12 years ago
Claxton Introduces New Camera for Crane Operators
Business & Finance

Claxton Introduces New Camera for Crane Operators

Claxton Engineering Services Ltd, an Acteon company, has launched an upgraded ATEX and safe-area crane boom camera system. The new system will improve operational safety through substantial upgrades in camera performance and its user interface. Enhancements to the camera, which is one in a range of

about 12 years ago
BIMCO Annual Conference in Dubai to Attract Elite of the Maritime Industry
Business & Finance

BIMCO Annual Conference in Dubai to Attract Elite of the Maritime Industry

Coping with maritime disasters and the importance of effective maritime regulations are the focus of global maritime industry leaders attending the BIMCO Annual Conference and Awards in Dubai next week (29 April). Held under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown

about 12 years ago
Marsol and Aubin deliver industry’s first total pigging solution
Business & Finance

Marsol and Aubin deliver industry’s first total pigging solution

UAE-based global marine solutions provider, Marsol International and chemical engineering specialist Aubin Group have announced a partnership agreement to provide an ‘industry first’ total pigging solution for non-piggable pipelines. Marsol and Aubin delivered a solution by completing the successful

about 12 years ago
Marsol and Aubin Team Up to Offer ‘Industry First’ Pigging Solution
Business & Finance

Marsol and Aubin Team Up to Offer ‘Industry First’ Pigging Solution

UAE-based global marine solutions provider, Marsol International and chemical engineering specialist Aubin Group has announced a partnership agreement to provide an ‘industry first’ total pigging solution for non-piggable pipelines. Marsol and Aubin delivered a solution to achieve a world’s first by

about 12 years ago
Baku Shipyard to Build Subsea Vessel for Shah Deniz
Business & Finance

Baku Shipyard to Build Subsea Vessel for Shah Deniz

Baku Shipyard LLC (Baku Shipyard) has secured a contract worth US$378 million from BP Exploration (Shah Deniz) Ltd, the operator of the Shah Deniz gas field development, to design and build a Subsea Construction Vessel (SCV). When completed, the SCV will be deployed for the Stage 2 development of th

about 12 years ago
Maran Nakilat Grows Fleet with Three New LNG Vessels
Business & Finance

Maran Nakilat Grows Fleet with Three New LNG Vessels

Nakilat, Qatar’s premier gas transporter, has added three new LNG vessels to its fleet through its joint venture Maran Nakilat Co. Ltd., which has closed $807.4 million of refinancing provided by Qatar Islamic Bank (QIB) and Barwa Bank. The refinancing deal was signed during a ceremony held in Doha

about 12 years ago
TE SubCom to Deliver AAE-1 Submarine Cable
Business & Finance

TE SubCom to Deliver AAE-1 Submarine Cable

The AAE-1 Consortium, owners of the Asia-Africa-Europe-1 submarine cable spanning approximately 25,000 km connecting Asia, Middle East, Africa and Europe, and TE SubCom, a TE Connectivity Ltd. company, announced that the contract for the majority of segments of the AAE-1 system has come into force.

about 12 years ago
Lamprell Sets New Guinness World Record
Business & Finance

Lamprell Sets New Guinness World Record

Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore energy industry, has delivered a PUQ deck for the Golden Eagle Area Development (GEAD) in the North Sea to its client, Nexen Petroleum U.K. Limited and its GEAD co-venturers. GUINNESS WORLD R

about 12 years ago
Grandweld Lays Keel for ADNOC’s 42m Crew Boat
Business & Finance

Grandweld Lays Keel for ADNOC’s 42m Crew Boat

Grandweld, a fully integrated shipyard providing shipbuilding, ship repair, and engineering solutions, has laid keel for ADNOC’s (Abu Dhabi National Oil Company) 42m Aluminum Crew Boat. Contract for the vessel was signed on December 31st 2013, and the keel laying ceremony was held on April 17th 2014

about 12 years ago
First Two Passenger Ferries Delivered to Qatar
Business & Finance

First Two Passenger Ferries Delivered to Qatar

BMT Nigel Gee (BMT), a subsidiary of BMT Group, and Ares Shipyard today announced that the first two boats of a series of eight luxury passenger ferries destined for Qatar, have been completed and delivered to the customer. BMT worked closely with Ares Shipyard to produce an innovative design with p

about 12 years ago
VIDEO: Three Injured Crewmen Airlifted from Vessel in Alaskan Waters
Business & Finance

VIDEO: Three Injured Crewmen Airlifted from Vessel in Alaskan Waters

The U.S. Coast Guard safely medevaced three injured men from a vessel approximately 200 miles south of Kodiak on Monday, April 21. Two Air Station Kodiak MH-60 Jayhawk helicopter crews hoisted the men from the 587-foot motor vessel Copacabana and transported them to Kodiak to meet commercial medical

about 12 years ago
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