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Business & Finance

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Unique System FZE Distributes Lamor’s Oil Spill Response Kits in the Middle East
Business & Finance

Unique System FZE Distributes Lamor’s Oil Spill Response Kits in the Middle East

Unique System FZE, a Unique Maritime Group Company, which is one of the world’s leading integrated turnkey subsea and offshore solution provider, announced its appointment as an authorized distributor of Lamor for the Middle East region for their entire range of Oil Spill Response Kits. Lamor (Larse

about 13 years ago
Jordan: Aqaba Container Terminal Completes First Phase of Berth Expansion
Business & Finance

Jordan: Aqaba Container Terminal Completes First Phase of Berth Expansion

Aqaba Container Terminal (ACT), the Red Sea gateway to Jordan and beyond, commemorated the successful completion of the first part of its berth expansion, adding 200 meters of new quay and two new STS cranes and four Rubber Tire Gantry cranes (RTGs). Participants in the ceremony included ACT’s chair

about 13 years ago
Jordan: ACT Commemorates Berth Expansion
Business & Finance

Jordan: ACT Commemorates Berth Expansion

Aqaba Container Terminal (ACT), the Red Sea gateway to Jordan and beyond, commemorated the successful completion of the first part of its berth expansion, adding 200 meters of new quay and two new STS cranes and four Rubber Tire Gantry cranes (RTGs). Participants in the ceremony included ACT’s chair

about 13 years ago
CICPA Announces Details of Its Third Water Safety Campaign (UAE)
Business & Finance

CICPA Announces Details of Its Third Water Safety Campaign (UAE)

The Critical Infrastructure and Coastal Protection Authority (CICPA) revealed the full details of its third major water safety campaign today. The campaign will include a number of exciting and interactive features dedicated to the promotion of safety, security and protection across the Emirate’s ma

about 13 years ago
DP World Welcomes New Service between Jebel Ali Port and Mogadishu
Business & Finance

DP World Welcomes New Service between Jebel Ali Port and Mogadishu

DP World has welcomed shipping line Simatech’s new service between Jebel Ali Port and Mogadishu as a significant step in re-establishing trade links between Somalia and the rest of the world. Container trade to Mogadishu was suspended some years ago due to the political situation in Somalia and the

about 13 years ago
MV Royal Grace Freed by Pirates after One Year
Business & Finance

MV Royal Grace Freed by Pirates after One Year

On 8 March 2013 EU Naval Force (EU NAVFOR) flagship ESPS Méndez Núnez provided much-needed assistance to the crew of chemical tanker MV Royal Grace after the vessel was unexpectedly released by Somali pirates. The pirates had held the vessel after attacking it over a year earlier, on 2 March 2012 in

about 13 years ago
Great News for Bahman Port Development (Iran)
Business & Finance

Great News for Bahman Port Development (Iran)

Managing Director of Gheshm Free Zone said that the Gheshm Island has been officially recognized by the Ministry of Oil as the Island of oil, energy and petrochemical products. Pointing out to the investment worth $250 million by Petropars Company for development of Bahman Port in the Gheshm Free Zo

about 13 years ago
Iran: Construction of Rastami Port Nears End
Business & Finance

Iran: Construction of Rastami Port Nears End

Rastami is one of the greatest and most important fishing ports in the country. It is situated in the Southern province of Bushehr bordering the Persian Gulf. Its construction has been initiated as of 1990. Due to some operational difficulties its construction has been halted for years. It was expec

about 13 years ago
UAE: DP World Wins Two Prestigious Awards
Business & Finance

UAE: DP World Wins Two Prestigious Awards

DP World, UAE Region has added two prestigious awards to its growing collection in recognition of its pursuit of excellence. The leading regional port operator has won the UAE’s Terminal Operator Company of The Year category from Frost & Sullivan at the Annual Growth Excellence Awards during the Glo

about 13 years ago
Top News of the Week March 4 – 9, 2013
Business & Finance

Top News of the Week March 4 – 9, 2013

VIDEO: Two Cargo Ships Collide in Singapore Strait BEKS general manager said to Turkish media that the collision between Turkish bulker Beks Halil (the larger ship) and what is believed to be a Vietnamese cargo ship, took place on March 1st in the Singapore Strait. First Triple-E Class Vessel Launch

about 13 years ago
Top News – March 4 to 10, 2013
Business & Finance

Top News – March 4 to 10, 2013

USA: Officials Introduce Dredging Plan for Rockaway Beach The US Army Corps of Engineers, New York District intends to issue an Invitation for Bids (IFB) for dredging of Rockaway Beach and Coney Island. Panama Canal Completes Culebra Cut Dredging The Panama Canal Authority (ACP) has completed the

about 13 years ago
Technip: Spar Transportation and Installation (VIDEO)
Business & Finance

Technip: Spar Transportation and Installation (VIDEO)

Take a look at a video with an explanation on how a Spar is transported and installed. A spar is a type of floating oil platform typically used in very deep waters A spar platform consists of a large-diameter, single vertical cylinder supporting a deck. The cylinder is weighted at the bottom by a ch

about 13 years ago
Liberian Registry Launches Initiative to Protect Shipping from Piracy
Business & Finance

Liberian Registry Launches Initiative to Protect Shipping from Piracy

The responsibility for protecting merchant shipping from the threat of piracy is one which must be shared by industry and governments alike. Liberia condemns piracy in all its forms. It has signed the Declaration Condemning acts of Violence against Seafarers, and has affirmed its commitment to suppl

about 13 years ago
VIDEO: Raytheon’s Defense Systems Protect Maritime Assets
Business & Finance

VIDEO: Raytheon’s Defense Systems Protect Maritime Assets

Navies play a key role in protecting economic security across the oceans and preserving national sovereignties of the seas by preventing smuggling, poaching, terrorism and peer nation threats. Take a look at a video of Raytheon’s integrated naval defense solutions which are developed to protect Excl

about 13 years ago
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