United Arab Chemical Carriers (UACC) yesterday welcomed a new addition to its fleet of oil product tankers, the UACC MIRDIF. UACC MIRDIF (former OCEAN LEO) is a 47,367 DWT tanker built by Onimichi Shipyard in 2010. The vessel will join the UACC’s product tanker fleet and reinforce the company’s posi
GE has further strengthened its commitment to localized manufacturing with the groundbreaking of the new GE Oil & Gas Manufacturing Facility, located in Second Industrial City in Dammam. The expansion is part of the US$1 billion investment commitment announced by GE in the Kingdom, and follows the s
Ports of Piraeus, Bremen/Bremerhaven and Aqaba received the Port Environmental Review System (PERS) certification. ESPO Secretary General, Isabelle Ryckbost handed over the PERS certificates to the port representatives, Mr Giorgos Anomeritis (Piraeus), Mr Jochen Kress (Bremen/Bremerhaven) and Mr Abd
GE has further strengthened its commitment to localized manufacturing with the groundbreaking of the new GE Oil & Gas Manufacturing Facility, located in Second Industrial City in Dammam. The expansion is part of the US$1 billion investment commitment announced by GE in the Kingdom, and follows the s
Dubai Maritime City Authority (DMCA) has renewed its ‘Sunrise to Sunset’ timings rule and stressed the need to adhere to the regulations restricting the time recreational marine craft can ply local waters. DMCA has also emphasized the importance of taking into consideration issued weather warnings,
Drewry’s latest Multipurpose Shipping Market Review and Forecaster report anticipates better times ahead for the sector following a tough 2013. Last year cargo demand for multipurpose and heavylift vessels was adversely impacted by determined competition from other shipping sectors. While cargo dema
ABB’s first-ever Middle Eastern Turbocharging Service Point is now in operation inside Drydocks World’s Dubai-based facility. Drydocks World is an international leading service provider to the maritime, oil and gas and energy sectors. The new Turbocharging Service Point will promote sharing of mutua
Nakilat Damen Shipyards Qatar (NDSQ) has signed two Memoranda of Understanding (MoUs) worth approx. $851 million to build seven vessels for Qatar Armed Forces. The MoUs were signed on Thursday 27th March during the DIMDEX event at Qatar National Convention Center (QNCC). Once all the necessary agree
Senior members of ADPC Marine Services recently visited Yemen Red Sea Ports Corporation (YRSPC). The reason behind the visit was a Memorandum of Understanding (MoU) that both parties signed. The MoU, which is valid for one year, paves the way for future collaborations between ADPC and the YRSPC, and
The European Community Shipowners Associations (ECSA), the International Chamber of Shipping (ICS) and the World Shipping Council (WSC) have replied today to a public consultation launched by the Commission on its proposal to extend the period of application of the so-called liner consortia block ex
The National Shipping Company of Saudi Arabia (Bahri) said that its subsidiary Bahri Dry Bulk has received a dry bulk vessel named Bahri Trader from Japan. This is the last vessel delivered from the series of five ordered in 2012. The financial impact of the delivered vessel will materialize during
An ROV able to work at both platform and pipeline – and handle many different projects – attracted CCC (Underwater Engineering) to the Saab Seaeye Cougar XTi, fitted with the iCON intelligent control system. CCC (Underwater Engineering) S.A.L. is a provider of offshore construction and subsea servic
CHEC Wins Two Projects in Trinidad and Tobago On February 25, minister of trade, industry and investment of the Republic of Trinidad and Tobago signed the business contract for the transshipment port and dry dock project and the Endeavour business development project in the country. VIDEO: Van Oor
Golar LNG Partners LP has completed acquisition of the company that owns and operates the FSRU Golar Igloo from Golar LNG Limited for a purchase price of approximately $310.0 million. The partnership financed the purchase price by the assumption of outstanding debt obligations in respect of the Gola
