Overall confidence levels in the shipping industry rose to their highest level for more than three years over the three-month period to November 2013, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. There was encouraging news on f
Technip was awarded by Kuwait Oil Company (KOC) a contract, worth over USD 400 million, for consultancy services for project management and engineering. This deals with the construction of new oil and gas infrastructure facilities, as well as the upgrading of existing facilities, in Kuwait. Technip
Two pioneering educational giants whose aim is to bring about a revolution in current industrial training methods have joined forces in a strategic alliance geared towards providing maritime education and professional development as a priority for this sector. Emirates International Maritime Academy
Noble Energy, Inc. today announced its 2014 capital program and guidance, and updated certain guidance items for the fourth quarter of 2013. Total capital expenditures are estimated at $4.8 billion for 2014, with investments allocated 70 percent to U.S. Onshore and 30 percent to Global Deepwater act
Specialist marine insurance intermediary Seacurus said that reported doubts about the insurance industry’s ability to insure the liability for unpaid wages of abandoned seafarers under the Maritime Labour Convention 2006 are inaccurate and ill-founded. It is already an agreed principle under MLC 200
DNV GL’s regional managers bring a wealth of experience from their respective legacy organisations. These appointments are intended to ensure a strong organisation that is built on the experience of its people and able to meet its customers’ needs from day one. Half of the managers will continue in
Transas Marine simulators have been chosen by the College of Maritime Transport and Technology and the Integrated Simulators Complex (ISC). These are the two institutions of Arab Academy of Science, Technology and Maritime Transport (AASTMT). The project will be executed by Transas Middle East. The
Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of the maritime sector in Dubai, announced that it has begun preparations to host the second edition of the Dubai Maritime Week which will take place in November 2014. Hel
A study on global port and terminal productivity released by the US-based Journal of Commerce Group has named five facilities from the APM Terminals Global Terminal Network among the world’s ten most productive container terminals. The Top Ten Global Terminals, measured by berth moves per hour (MPH)
Transas Middle East has won a contract to re-equip and expand Jordan Academy for Maritime Studies (JAMS) with new maritime simulators. The project includes relocation of existing navigational simulator NTPRO 5000 and Transas GMDSS Simulator 4000 (TGS 4000) Classroom and installation of the latest ge
Abu Dhabi Ports Company (ADPC) and Abu Dhabi Terminals (ADT) have recently celebrated a record number of containers handled through Khalifa Port in its first year of operation. A million TEUs or containers have now been handled by container terminal operator ADT at Khalifa Port, since its commercial
H.E. Sultan Ahmed Bin Sulayem, President of the Dubai Maritime City Authority (DMCA), emphasized the enormous development opportunities the iconic Expo 2020 represents to Dubai. “Expo 2020 is an economic catalyst that will energize trade in the emirate in the coming years. The continuous improvement
Iran has generally agreed to deliver natural gas to India through a deepwater pipeline crossing the Sea of Oman, marketing director of the National Iranian Gas Exports Company (NIGEC), Ali Amirani said. “Negotiations were held with three Indian companies for their purchase of gas from Iran, and gene
Hyundai Heavy Enters MOU on Development of MOBILE POWERSHIP Polaris Shipping Co., Ltd., Korea Midland Power Co., Ltd., Hyundai Heavy Industries Co., Ltd., and Siemens Energy Solutions Ltd. signed a Memorandum of Understanding at COEX Intercontinental Hotel in Seoul on December 10, 2013 to develop MO
