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Business & Finance

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DMCA Launches Maritime Sustainability Program (UAE)
Business & Finance

DMCA Launches Maritime Sustainability Program (UAE)

Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of the maritime sector in Dubai, has initiated the Dubai Maritime Sustainability Program (MSP) in collaboration with the Dubai Supreme Council of Energy and DP World. The

about 12 years ago
ATA Consortium Secures Shah Deniz Stage 2 Development Contract from BP
Business & Finance

ATA Consortium Secures Shah Deniz Stage 2 Development Contract from BP

The AMEC Tekfen Azfen (ATA) consortium has been awarded a contract totalling $974 million for BP-operated Stage 2 development of the Shah Deniz gas field in the Caspian Sea. AMEC will contribute its project and construction management expertise to the consortium. The contract covers the fabrication,

about 12 years ago
Technip to Carry Out EPCI for Jalilah B Platform in UAE
Business & Finance

Technip to Carry Out EPCI for Jalilah B Platform in UAE

Technip wins a new contract in the Middle-East and reinforces its position in the promising subsea business in the region.

about 12 years ago
UAE: Technip Nets Jalilah B Field Development Contract from DPE
Business & Finance

UAE: Technip Nets Jalilah B Field Development Contract from DPE

Technip was awarded a substantial contract by Dubai Petroleum Establishment (DPE). This covers the engineering, procurement, construction and installation of the Jalilah B field development project, located nearly 90 kilometers offshore Dubai (United Arab Emirates, UAE), at water depth reaching 60 m

about 12 years ago
1st Mare Forum Dubai Global Leaders Maritime Summit to Be Held in February 2014
Business & Finance

1st Mare Forum Dubai Global Leaders Maritime Summit to Be Held in February 2014

The 1st Mare Forum Dubai Global Leaders Maritime Summit has garnered worldwide attention. The Summit to be held on February 25th 2014 under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai & Chairman of the Executive Office has been organized by D

about 12 years ago
Three of World’s Largest STS Cranes Arrived in Khalifa Port, UAE
Business & Finance

Three of World’s Largest STS Cranes Arrived in Khalifa Port, UAE

Abu Dhabi Ports Company (ADPC) and Abu Dhabi Terminals (ADT) the container terminal operator, have announced recently the arrival of three of the world’s largest and most modern ship-to-shore (STS) quay cranes at Khalifa Port. The Super Post Panamax quay cranes, which were delivered on Friday, 10 Ja

about 12 years ago
UAE: Khalifa Port Expands Its Capacity
Business & Finance

UAE: Khalifa Port Expands Its Capacity

Abu Dhabi Ports Company (ADPC) and Abu Dhabi Terminals (ADT) the container terminal operator, have announced yesterday the arrival of three of the world’s largest and most modern ship-to-shore (STS) quay cranes at Khalifa Port. The Super Post Panamax quay cranes, which were delivered on Friday, 10 J

about 12 years ago
Qatar Shipping Secures Ship Financing Facility
Business & Finance

Qatar Shipping Secures Ship Financing Facility

Qatar Shipping, a wholly owned subsidiary of Milaha, has secured a 12 year US $425 million (equivalent to QAR 1.55 billion) fixed-term ship financing facility. The company secured it with a consortium of the following banks: The Bank of Tokyo Mitsubishi UFJ, Ltd., Mizuho Bank, Ltd., Sumitomo Mitsui

about 12 years ago
Top News – January 20 to 26, 2014
Business & Finance

Top News – January 20 to 26, 2014

Obama Visits Vacon, Sees IHC Merwede’s MV Drive (USA) On Wednesday 15 January, US President Barack Obama made a visit to Vacon’s Research and Development Centre in Durham, North Carolina, where he came into contact with an example of IHC Merwede’s advanced equipment. The Netherlands: IHC Merwede D

about 12 years ago
Steel Cutting for Bollard Pull Pusher Tug Started at Karachi Shipyard (Pakistan)
Business & Finance

Steel Cutting for Bollard Pull Pusher Tug Started at Karachi Shipyard (Pakistan)

A steel-cutting ceremony of a 12- ton Bollard Pull Pusher Tug, being built for the Pakistani Navy, was held at Karachi Shipyard & Engineering Works (KS&EW) on 20th Jan. 2014. Vice Admiral Khawaja Ghazanfar Hussain HI(M), Commander of Karachi (COMKAR) was chief guest at the occasion. The ceremony was

about 12 years ago
DMCA Discussed Maritime Safety Policy at Meeting in Dubai (UAE)
Business & Finance

DMCA Discussed Maritime Safety Policy at Meeting in Dubai (UAE)

Dubai Maritime City Authority (DMCA) recently held a joint meeting with the Marine Transport Department of the Dubai’s Road and Transport Authority’s (RTA) Public Transport Agency to discuss a proposed Maritime Safety Policy. The session was also attended by representatives from Det Norske Veritas (

about 12 years ago
UAE: President of Senegal Visits Jebel Ali Port
Business & Finance

UAE: President of Senegal Visits Jebel Ali Port

The President of Senegal, His Excellency Makky Sall yesterday visited DP World’s flagship facility in Jebel Ali where he was received by DP World Chairman, His Excellency Sultan Ahmed Bin Sulayem. DP World has operated DP World Dakar since 2008, and has invested in building new capacity at the facil

about 12 years ago
UAE: Topaz Energy Acquires Two AHTSVs for USD 100 Million
Business & Finance

UAE: Topaz Energy Acquires Two AHTSVs for USD 100 Million

Topaz Energy and Marine, today announced the acquisition of two large and modern Anchor Handling Towage and Supply Vessels (AHTSV) at a purchase price in excess of US$ 100 million. The vessels, the Caspian Challenger and the Caspian Endeavour, are sister vessels built by Kleven Maritime in Norway in

about 12 years ago
IMO Secretary Delivers His New Year Address
Business & Finance

IMO Secretary Delivers His New Year Address

IMO Secretary-General Koji Sekimizu has delivered his New Year Address outlining some of the targets, challenges and priorities the Organization will face this year at the opening of the first sub-committee meeting of 2014. Speaking at the first meeting of the newly-formed IMO Sub-Committee on Ship

about 12 years ago
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