The ICC International Maritime Bureau (IMB) has warned of new charter party fraud incidents and is advising that all counterparties be investigated before deals are carried out. The warning comes after a case where a voyage charterer received payment for freight but failed to pass this on to the shi
NAWAH Port Management (NPM) has entered into a formal agreement with Iraq’s Ministry of Transportation and the General Company for Ports of Iraq to quadruple the size of its terminal operations at the Port of Basra (also known as Al Maqal Port). By expanding its operations to a second terminal, NAWA
NAWAH Port Management (NPM), a business unit of North America Western Asia Holdings, has entered into a formal agreement with Iraq’s Ministry of Transportation and the General Company for Ports of Iraq to quadruple the size of its terminal operations at the Port of Basra (also known as Al Maqal Port
FMC Technologies, Inc. has received an order from BP to supply subsea systems for its Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $322 million in revenue. FMC Technologies’ scope of supply includes subsea manifolds, associated controls and connection equipment
Drydocks World has signed an Agreement with Malta Oil & Gas Ltd. for building two unique jack-up drilling rigs based on Gusto MSC CJ54-X135-A design. The Agreement was signed by His Excellency Khamis Juma Buamim, Chairman of Drydocks World & Maritime World and Mr. Paul Robert Thomson of Malta Oil &
Drydocks World, a UAE-based international service provider to the maritime, oil & gas and energy sectors, today announced that it has signed an Agreement with Malta Oil & Gas Ltd. for building two unique new jack-up drilling rigs based on Gusto MSC CJ54-X135-A design. The Agreement was signed by His
Abu Dhabi Ports Company (ADPC) has welcomed the largest and longest heavy lift cargo load it has ever handled in the Free Port, next to Zayed Port in Abu Dhabi. Five heavy lift pieces of infrastructure equipment were unloaded for Abu Dhabi Oil Refining Company (Takreer) for the new carbon black and
Lion Shipbrokers said that a total of twenty-nine vessels have been acquired by various shippers last week. Seven bulkers, three container vessel and nineteen tankers changed their owners. Lion Shipbrokers said in its weekly report: “The BDI is going south for one more week, standing at 1002 today,
Underscoring its commitment to partnership in ensuring an efficient supply chain for shipping lines and traders at Jebel Ali port, DP World, UAE Region has honoured its top vendors in a special Vendor Appreciation ceremony. During the event, 22 companies who work with DP World, UAE Region were cited
Dredge Yard Delivers Large Dredge Valves to Van Oord Several numbers of big sized dredge valves have been successfully handed over to Van Oord, a leading contractor in dredging, marine engineering and offshore projects. Nautilus Minerals: First of Three SPTs Assembled (Canada) Nautilus Minerals In
The International Labour Organization (ILO) in Geneva has today agreed in principle two key proposals for amendments to the Maritime Labour Convention (2006) (MLC) which will give seafarers better protection under the Code for repatriation and ship-owners’ liability. Global maritime welfare charity
This month, the Training Institute for Dredging (TID) commenced an elaborate training program aboard several dredging vessels owned by Huta Marine Works, the leading marine contractor in Saudi Arabia. The program includes staff training and several weeks of intensive on-the-job training for the vess
Israel Ports Development & Assets Company Ltd will soon award the Ports of Haifa and Ashdod dredging contract. The works will involve maintenance and capital dredging works in the Ports of Haifa and Ashdod, down to the design depths and below them, including Israeli Navy areas in Haifa, Ashdod and K
Philippine-based International Container Terminal Services Inc (ICTSI) is about to invest $130 million in Iraq’s largest port, the Port of Umm Qasr, located on the Gulf coast. Through its subsidiary ICTSI (M.E) JLT, the company signed, on April 8th, a contract with General Company for Ports of Iraq
