For the 5th consecutive year, DP World, UAE Region has recognised the achievements of its employees at the annual ‘Taqdeer’ Awards ceremony hosted by the premier regional port operator. The event highlights employees’ efforts to improve work processes, efficiency, reduce costs and protect the enviro
The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) met for its 66th session from 31 March to 4 April 2014, at IMO Headquarters in London. The Committee adopted amendments to the MARPOL Convention to set a date for the implementation of “Tier III” stan
A shift in US foreign policy based both on changes to the threat landscape and improving domestic energy security could lead to an increase in threats to shipping within eighteen months according to David Hunkin of Dryad Maritime Intelligence. With the US strategic focus now firmly fixed on the Asia
Under the patronage of the Governor of Madina Province His Royal Highness Prince Faisal Bin Salman Bin Abdul Aziz, the foundation stone will be laid soon for a number of development projects that will be inaugurated in King Fahd Industrial Port Yanbu and in Yanbu Commercial Port in a total cost of m
Baker Hughes Incorporated announced today that the international rig count for March 2014 was 1,345, up 4 from the 1,341 counted in February 2014, and up 77 from the 1,268 counted in March 2013. The international offshore rig count for March 2014 was 334, up 16 from the 318 counted in February 2014,
Seamec Ltd, an Indian registered Public Limited company, has informed BSE that Vessel SEAMEC PRINCESS will complete her Charter with Kreuz Subsea Pte Ltd in South East Asia around second week of April, 2014. The Company has entered into a Charter Party with Technip France, Abu Dhabi for her deployme
Seamec Ltd has informed that vessel Seamec Princess will complete its charter with Kreuz Subsea in South East Asia in the second week of April, 2014. The company has entered into a charter with the French oilfield services provider Technip for the deployment of the DP2 Saturation Diving Support vess
Van Oord Nabs Surabaya Dredging Contract (Indonesia) Van Oord, a leading international contractor specialising in dredging, marine engineering and offshore projects, has been awarded a contract for dredging and maintenance work for the western access channel to the Port of Surabaya in Indonesia. D
The Ministry of Water Resources, General Directorate for River Dredging Works, has completed the dredging project in the Kormatt Hassan section of the Euphrates River. Accumulated sediment was removed from the middle of the river located in Sook Al-Shiokh. During the project the Ministry used four d
Dubai-based shipper, Gulf Navigation has lost an arbitration case in the United Kingdom related to the dispute with Chinese shipbuilder Jin Hai Heavy over the shipbuilding contract for two very large crude carriers (VLCCs). The contract for two VLCCs dates back to 2011 and concerns a group of Chines
Korean Register (KR), an IACS member classification society, has released the world’s first mobile app containing all up-to-date IMO conventions. This brand new facility is based on KR’s award winning KR-CON software which is an international database program containing the full up-to-date texts of
ABB, the Swiss-based power and automation technology group, has been awarded a $175 million contract to upgrade the power generation capacity at Zirku oil and gas processing facilities in the Gulf. The order, which covers engineering, procurement and construction (EPC), was awarded by Zakum Developm
Unique System FZE introduced the new DIVE MK2 underwater gauge from Cygnus Instruments in the Middle East region. Unique system FZE is the authorized distributor of Cygnus products for the entire Middle East region. Founded in 1983, Cygnus pioneered the digital multiple echo technique. The technique
Drewry’s 1Q14 Container Forecaster report highlights that the industry remains in an extended down cycle. This is being accentuated and extended by the constant delivery of new ships. The global cascade is now hurting the balance of the north/south trades. Some of these trade routes have also not li
