Planning and International Cooperation Minister Mohammed al-Saadi today met with the Director General of Soft Loans Department in the Chinese Bank of Exports and Imports. During the meeting, they discussed a number of issues related to cooperation between Yemen and the Chinese Bank and ways of stren
Caterpillar has introduced its new Cat® 336F excavator, built to meet U.S. EPA Tier 4 Final emissions standards. This piece of equipment comes equipped with several features to enhance fuel efficiency. Electric boom and stick regeneration valves capture and recycle energy, and an engine idle shutdow
The highly influential and largest private international shipping association Baltic and International Maritime Council (BIMCO) has chosen Dubai as the venue for its Annual Conference and Awards this year, to be held on the 29 April 2014. More than 400 shipping industry leaders from the region and t
Abu Dhabi Ports Company (ADPC) has announced today an investment of AED 20 million to carry out essential maintenance work at Zayed Port and its neighboring Freeports, to repair the quayside wall enhancing the ports’ facilities and services. Built in 1982, the Freeport covers an area of 305 hectares
“Chemical materials designated for destruction are slowly being transported for consolidation at the Syrian port of Latakia, and the United States is urging the Syrian government to accelerate this process”, Defense Department spokesman Army Col. Steven Warren told reporters. The U.S. vessel MV Cape
Drydocks World & Maritime World, will attend the oil & gas sector’s leading event, the 8th Offshore Arabia 2014 Conference & Exhibition. The conference is being held under the patronage of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai fro
Iran, India and Oman start official negotiations for delivery of the Iranian natural gas to the Indian market through a deepwater pipeline. Iranian Foreign Minister Mohammad Javad Zarif, Indian Foreign Minister Salman Khurshid, and Omani Foreign Minister Yousuf bin Alawi bin Abdullah have met in the
Iran, India and Oman are preparing to begin official negotiations for delivery of the Iranian natural gas to the Indian market through a deepwater pipeline. Iranian Foreign Minister Mohammad Javad Zarif, Indian Foreign Minister Salman Khurshid, and Omani Foreign Minister Yousuf bin Alawi bin Abdulla
Lamprell has completed the sale of one of its service businesses, International Inspection Services Ltd. (‘INSPEC’), which is a UAE-based provider of non-destructive testing (‘NDT’) and associated services to the energy industry. Lamprell has today completed the sale of INSPEC to Intertek Testing Se
A high profile Kenyan delegation visited Kizad and Khalifa Port this week with a view to benefit from the knowledge and experience that ADPC has accumulated in the last 5 years of planning, execution and completion of Abu Dhabi’s mega-project. The delegation was received at Kizad by Engineer Khaled
A team of IOS Partners experts, assigned by the World Bank to carry out consultancy services relating to the Port of Aden development, has paid a visit on Sunday morning, March 2, 2014 to the Head Quarters of the Corporation. They were hosted by the Executive Chairman of the Corporation, Captain Sam
DEME Delivers Strong 2013 Results In 2013, DEME reached a turnover of EUR 2.53 billion in 2013. Compared to the previous year, this represents an increase of 32% and a record turnover. Australia: Port of Melbourne Maintenance Dredging Kicks Off Port of Melbourne Corporation yesterday commenced mai
APM Terminals has announced its 2013 business results and delivered an increased profit of USD 770m and a return on invested capital of 13.5% (15.2%), reflecting improved underlying performance but also a higher asset base due to the continued high investment level. The expansion into high growth ma
In 2013, DEME reached a turnover of EUR 2.53 billion in 2013. Compared to the previous year, this represents an increase of 32% and a record turnover. Ebitda increased by 25% to EUR 437.8 million, and net profit amounted to EUR 109.1 million, an increase of 22% compared to 2012. The order book – wel
