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Business & Finance

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World Container Shipping Industry Leaders Address Piracy Issues
Business & Finance

World Container Shipping Industry Leaders Address Piracy Issues

CMA CGM, MSC, Maersk Line and Hamburg Süd representing 40 percent of the world container shipping industry have met to discuss the piracy threat towards international shipping. The meeting focused on piracy in the Gulf of Aden, the Indian Ocean and West Africa. The cooperation between CMA CGM, MSC,

about 13 years ago
HLG Lands Job on ADMA-OPCO’s SARB Artificial Islands
Business & Finance

HLG Lands Job on ADMA-OPCO’s SARB Artificial Islands

Habtoor Leighton Group (HLG) has secured an AED250 million contract for the design and construction of an accommodation camp and associated utilities on two artificial islands, S1 & S2, as part of the Satah Al Razboot (SARB) oilfield development, located 120 km north-west of Abu Dhabi, for Abu Dhabi

about 13 years ago
Iran: Construction Activity at Chamkhaleh Port Continues
Business & Finance

Iran: Construction Activity at Chamkhaleh Port Continues

Director General of Anzali port said that the construction activities in Chamkhaleh port, (which is situated in Gilan province and is supervised by Anzali port) have resumed. Mr. Kouhsari said that some $ 5 million has been allocated in this respect. He added that tender for construction of breakwat

about 13 years ago
DP World Wins Golden Peacock Award for 2013 (UAE)
Business & Finance

DP World Wins Golden Peacock Award for 2013 (UAE)

DP World is the winner of the prestigious Golden Peacock Award for Business Excellence for 2013 for its professionalism and quality operations across its five marine terminals in India. The annual award was presented at a ceremony in Dubai in recognition of DP World’s business practices in India. It

about 13 years ago
Top News – April 29 to May 5, 2013
Business & Finance

Top News – April 29 to May 5, 2013

Van Oord: Annual Report 2012 (The Netherlands) Van Oord publishes its annual report 2012 yesterday. In this integrated report, Van Oord reviews the course of business in the company in 2012. Minister Not Warned about Risks of Fitzroy Delta Port (Australia) Federal Environment Minister Tony Burke a

about 13 years ago
SeaBird Reports Increased Revenues (Cyprus)
Business & Finance

SeaBird Reports Increased Revenues (Cyprus)

SeaBird Exploration PLC “SeaBird”, a global provider of marine 2D/3D/4D seismic data, and associated products and services to the oil and gas industry, has today announced the first quarter 2013 financial results. Revenues for the quarter were $48.6 million, an increase of 42% compared to the compar

about 13 years ago
Iraq: Army Corps Presents Umm Qasr Dredging Plan
Business & Finance

Iraq: Army Corps Presents Umm Qasr Dredging Plan

The U.S. Army Corps of Engineers (USACE) Middle East District intends to solicit names of construction firms experienced in working in the Middle East region who are interested in submitting a firm-fixed price offer for the Umm Qasr dredging project. MED is anticipating a project at an Iraqi Naval i

about 13 years ago
ADPC Attends Sri Lankan Trade and Logistics Conference 2013
Business & Finance

ADPC Attends Sri Lankan Trade and Logistics Conference 2013

ADPC company, a master developer and regulator of port and the Khalifa Industrial Zone Abu Dhabi (Kizad), was in Colombo yesterday for the opening of the Sri Lankan Trade and Logistics Conference 2013. The conference and exhibition is aimed at demonstrating Sri Lanka’s growing investment in its port

about 13 years ago
Jebel Ali Named “Port of the Year” (UAE)
Business & Finance

Jebel Ali Named “Port of the Year” (UAE)

In recognition of its exceptional management and innovative approach to improve operational efficiencies, DP World’s flagship Jebel Ali Port has been named “Shipping Port of the Year” at the prestigious annual Supply Chain and Transport Awards (SCATA) 2013. It is Jebel Ali’s fifth SCATA award in sev

about 13 years ago
OTC 2013: Insight to MENA Welcomes Over 1000 Energy Executives
Business & Finance

OTC 2013: Insight to MENA Welcomes Over 1000 Energy Executives

Now in its 16th year, Insight to MENA at OTC, the welcome reception that kicks off the largest energy conference in the world, has become known as fertile ground for fostering relationships and facilitating international deals between companies across the globe. The event, scheduled for May 6th in T

about 13 years ago
Smit Lamnalco Sets 14‐Year Oman Milestone without Incident
Business & Finance

Smit Lamnalco Sets 14‐Year Oman Milestone without Incident

Smit Lamnalco has passed a significant milestone in Oman after celebrating 14‐years of continuous marine and offshore support services with no Lost Time Incident (LTI). The 5,100 day record covers support to Single Point Mooring operations 10 km off Muscat Cove for the Petroleum Development of Oman

about 13 years ago
GIB and Masdar to Invest Big Money in UK’s Renewables
Business & Finance

GIB and Masdar to Invest Big Money in UK’s Renewables

The UK Green Investment Bank plc (GIB) and Masdar, Abu Dhabi’s state-backed renewable energy company, have confirmed that they will sign a Memorandum of Understanding (MoU) tomorrow to explore project investment opportunities in the UK’s clean energy sector. The MoU will be signed on the occasion of

about 13 years ago
Dubai Maritime City Hosts Ulmatec CEO
Business & Finance

Dubai Maritime City Hosts Ulmatec CEO

Dubai Maritime City, the world-class mixed-use maritime cluster today announced that it received Stig Ulstein, CEO of Norwegian company Ulmatec (Ulstein Marine Technology AS) along with Haavard Myrene, Director Business Development who visited Dubai Maritime City. He met Khamis Juma Buamim, Chairman

about 13 years ago
Alcatel-Lucent, BBG Consortium to Build Undersea Cable System
Business & Finance

Alcatel-Lucent, BBG Consortium to Build Undersea Cable System

Alcatel-Lucent and a consortium composed of Vodafone Group, Dialog Axiata, Emirates Telecommunications Corporation (Etisalat), Reliance Jio Infocomm, Omantel and Telekom Malaysia, have signed a turn-key contract to deploy a new 100 Gigabit-per-second (100G) submarine cable system to connect Oman, th

about 13 years ago
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