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Business & Finance

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ADOC Acquires Unique System’s Monitoring Equipment
Business & Finance

ADOC Acquires Unique System’s Monitoring Equipment

Unique System FZE, a Unique Maritime Group company, which is one of the world’s leading integrated turnkey subsea and offshore solutions provider, engineered and supplied a monitoring system that will provide the Abu Dhabi Oil Company Ltd. (Japan) with meteorological and oceanographic data to aide o

about 13 years ago
Bahri Dry Bulk Obtains Financing for Five New Vessels
Business & Finance

Bahri Dry Bulk Obtains Financing for Five New Vessels

The National Shipping Company of Saudi Arabia (Bahri) announced that its subsidiary Bahri Dry Bulk (owned 60% by Bahri and 40% by Arasco) signed with Bank Albilad on Wednesday, November 20, 2013, a Shariah compliant financing facility for SAR 420,000,000 (approx USD 112 million) to finance 70% of th

about 13 years ago
N-KOM Gets Prestigious Shipyard of the Year Award for Second Time
Business & Finance

N-KOM Gets Prestigious Shipyard of the Year Award for Second Time

Qatar’s premier shipyard Nakilat-Keppel Offshore & Marine (N-KOM) has won the Ship repair/Shipyard award for the second consecutive year at the prestigious Seatrade Middle East & Indian Subcontinent Awards 2013. The award was presented to N-KOM at a ceremony on the evening of Monday 18 November 2013

about 13 years ago
SOHAR Port and Freezone Wins Significant Award (Oman)
Business & Finance

SOHAR Port and Freezone Wins Significant Award (Oman)

SOHAR Port’s Chief Executive Officer Andre Toet spoke on stage on Monday evening at the 2013 SeaTrade Middle East Awards dinner at Atlantis The Palm Dubai, as he received the prestigious 2013 Port Authority Award. Toet said he was honored that the Award had been given to SOHAR, Oman’s number one por

about 13 years ago
DP World Wins Container Terminal Operator Award (UAE)
Business & Finance

DP World Wins Container Terminal Operator Award (UAE)

DP World, UAE Region, the leading regional marine terminal operator, has won the prestigious Container Terminal Operator Award for a fifth consecutive year at the Seatrade Middle East & Indian Subcontinent Awards 2013 in Dubai. The judging panel chose the operator of Jebel Ali Port for its all-round

about 13 years ago
McDermott Nets EPCI Contract in Arabian Gulf
Business & Finance

McDermott Nets EPCI Contract in Arabian Gulf

McDermott International, Inc. (“McDermott”) announced that one of its subsidiaries was awarded an Engineering, Procurement, Construction and Installation (EPCI) project for a customer in the Arabian Gulf. The value is approximately US$ 200 million and will be included in McDermott’s fourth quarter 2

about 13 years ago
McDermott Wins Contract in Arabian Gulf
Business & Finance

McDermott Wins Contract in Arabian Gulf

McDermott International, Inc. announced today that one of its subsidiaries was awarded an Engineering, Procurement, Construction and Installation (EPCI) project for a customer in the Arabian Gulf. The value is approximately US$ 200 million and will be included in McDermott’s fourth quarter 2013 back

about 13 years ago
McDermott Nets $200 Mln Arabian Gulf EPCI Deal
Business & Finance

McDermott Nets $200 Mln Arabian Gulf EPCI Deal

McDermott International, Inc. has secured an Engineering, Procurement, Construction and Installation (EPCI) project for a client in the Arabian Gulf. The value is approximately US$ 200 million and will be included in McDermott’s fourth quarter 2013 backlog. The contract includes the fabrication, tra

about 13 years ago
Iran: 9th Phase of Oceanographic Patrols About to Begin
Business & Finance

Iran: 9th Phase of Oceanographic Patrols About to Begin

Utilization of oceans due to their privileges in the areas of maritime transportation, marine food resources, mineral resources and security of the coastal states is of paramount importance. In view of the fact that Iran enjoys more than 2700 km of coastline in Persian Gulf and Caspian Sea, existenc

about 13 years ago
Unique System FZE Provides Monitoring System to ADOC
Business & Finance

Unique System FZE Provides Monitoring System to ADOC

Unique System FZE, a Unique Maritime Group company, which is one of the world’s leading integrated turnkey subsea and offshore solutions provider, engineered and supplied a monitoring system that will provide the Abu Dhabi Oil Company Ltd. (Japan) with meteorological and oceanographic data to aide o

about 13 years ago
ADSB, Navantia Ink Memorandum of Understanding
Business & Finance

ADSB, Navantia Ink Memorandum of Understanding

Abu Dhabi Ship Building (ADSB) and Navantia signed on 17th. November, a Memorandum of Understanding (MoU) regarding the cooperation in identification and management of future business opportunities for ship building and services related projects for the UAE Navy and other Gulf countries. The collabo

about 13 years ago
DMCA Discusses Key Performance Indicators with Shipping Agents (UAE)
Business & Finance

DMCA Discusses Key Performance Indicators with Shipping Agents (UAE)

Dubai Maritime City Authority (DMCA) recently held an extensive meeting with the Dubai Shipping Agents Association to discuss key performance indicators of the maritime services industry and review the progress made on modernizing maritime legislation and regulations. The meeting also covered the ap

about 13 years ago
UAE: IMT Students Visit Khalifa Port
Business & Finance

UAE: IMT Students Visit Khalifa Port

Students from the Institute of Management Technology in Dubai have visited Khalifa Port and Kizad to learn more about the mega project and how it will contribute towards the emirates plans for economic diversity and the Abu Dhabi Economic Vision 2030. The institute is one of the leading business sch

about 13 years ago
Adyard Abu Dhabi Wins Offshore Platform Contract from Dana Gas
Business & Finance

Adyard Abu Dhabi Wins Offshore Platform Contract from Dana Gas

Dana Gas, the Middle East’s leading regional private sector natural gas company, announced yesterday that Adyard Abu Dhabi, a subsidiary of Interserve plc, has been awarded a $17 million contract for the fabrication of an offshore platform for the Zora Field Development Project which spans the terri

about 13 years ago
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