Bahri Dry Bulk, a subsidiary of the National Shipping Company of Saudi Arabia (Bahri), today received a dry bulk vessel named Bahri Grain. This is the second of five vessels that were contracted in 2012 with the Oshima Shipbuilding (Japan). These Kamsarmax vessels are of 82,000 DWT capacity, have a
Unique System FZE, a Unique Maritime Group company, which is one of the world’s leading integrated turnkey subsea and offshore solutions provider, has been awarded a 2-year service contract by NPCC. Established in April 1973, The National Petroleum Construction Company (NPCC) is a leading constructi
Recently, new progress has been made in Section 11 of Flood Control Project of Jeddah, Saudi Arabia. The first blasting was successfully completed, and the first region of downstream foundation trench excavation smoothly passed the client’s acceptance inspection. On the morning of October 31, the pr
ENDOFA, a bunker supplier owned and operated by three Danish partners, Kenn Soendergaard, Mads Borggaard and Allan Frost, has completed its first year with a turnover of USD 235 mil between the company’s offices in Houston and Dubai, more than doubling the organization’s first-year turnover projecti
Qatari shipping company Nakilat and Qatari LNG producers Qatargas and RasGas Company Limited have agreed with engine manufacturer MAN Diesel and Turbo to convert a Q-Max vessel to use LNG as an alternative to heavy fuel oil in the main engines. The proactive initiative reinforces Qatar’s commitment
Drydocks World, the world renowned international service provider to the maritime, oil & gas and energy sectors, signed an Agreement with Drill One Capital for building the “Dubai Expo 2020 NS” mega Jack-up rig. Gusto MSC which is one of their major partners in this project has designed the CJ 80 ri
The new Sail Training Vessel (STV) for the Ministry of Defence of Oman has been officially launched at Damen Shipyards Galati (Romania). This stunning 87 m vessel, named RNOV ‘Shabab Oman’, is destined to become the flagship of the Royal Navy of Oman to continue the role of the current STV of the sa
Drydocks World, the UAE-based service provider to the maritime, oil & gas and energy sectors, signed an Agreement with Drill One Capital for building the “Dubai Expo 2020 NS” mega Jack-up rig. Gusto MSC which is one of Drydocks’ major partners in this project has designed the CJ 80 rig and the rig w
The International Chamber of Shipping (ICS), the principal global trade association for shipowners, has issued a paper drawing upon the international shipping industry’s experience of Somali-based piracy during the period 2007 to 2013. “The intention is to identify lessons learned in order to shape
International accountant and shipping adviser Moore Stephens believes that the shipping industry’s fortunes should be noticeably improved by 2015 if it maintains the recovery which got under way last year. But it warns that the prospects for recovery may still be fragile if the industry fails to mee
Brazil: LUSCHI Acquires Hopper Dredger LUSCHI has announced that it has added a 2,000 m³ hopper dredger “LUSCHI IX” to its fleet. DP World Highlights for 2013 2013 was a remarkable year for global marine terminal operator DP World. AMCS Welcomes Inquiry Into Gladstone Disaster (Australia) The Au
The National Shipping Company of Saudi Arabia (Bahri) has received a new vessel specialized in general cargo with a size of 26,000 DWT. The ship named Bahri Jeddah was built by Hyundai Mipo from South Korea. This is the fifth vessel delivered from this shipyard. Bahri has one general cargo vessels r
Emerald Maritime LLC, a Dubai based fast track Dry Bulk Cargo Movement Enterprise has stepped up its plans to grow its bulk cargo export-import market share in India. Currently, Emerald has more than 50% of the annual business portfolio dedicated to imports of coal (Coking and Non Coking) in India.
This year’s Port Management Strategy Summit (11 – 12 February 2014, Dubai) will bring together distinguished maritime leaders to discuss and benchmark crucial issues on how to seize new opportunities with value-added port strategies in today’s market and creating maximum impact in the business. It w
