Gulf Energy Maritime (GEM) continues to expand its fleet to better serve its regional and international customers with the delivery of Gulf Valour, its second Aframax vessel. After two months since the delivery of Gulf Vision, their first Aframax vessel, GEM received Gulf Valour, which was also buil
Latin America – and especially Brazil – is booming. And port development and dredging is an essential element. Dredging in Latin America has been steadily growing over the last few years including such mega-projects as the Superporto do Açu. And many more projects and works are going on or being pla
Mitsui O.S.K. Lines, Ltd. today announced plans to collaborate, along with Shell, BP, Maersk, Stena NYK and “K” Line with the United Nations Development Programme (UNDP) to support job creation and skill development projects in Somalia. The industry partners will provide funding of US$ 1 million to
A launching ceremony was held on Tuesday at Drydocks World shipyard for the floating regasification terminal “FSRU Toscana” of OLT Offshore LNG Toscana. The terminal will reach Italy in the second quarter of 2013 and will be located 22 kilometres off the coast between Livorno and Pisa. The terminal
Lamprell announced that it has received a new contract award from Dev Drilling Pte Limited, a company within the Jindal Group, based in Singapore, for the construction and delivery of a completely outfitted and equipped, LeTourneau designed, self-elevating Mobile Offshore Drilling Platform of a Supe
Unique System FZE, a Unique Maritime Group Company, which is one of the world’s leading integrated turnkey subsea and offshore solution provider, along with The Geodesy and Hydrographic Survey Section of Dubai Municipality established a permanent tidal station at Al Mamzaar. Dubai Municipality’s Geo
Unique System FZE, a Unique Maritime Group Company, which is one of the world’s leading integrated turnkey subsea and offshore solution provider, along with The Geodesy and Hydrographic Survey Section of Dubai Municipality established a permanent tidal station at Al Mamzaar. Dubai Municipality’s Geo
Transas Middle East successfully installed and commissioned Standalone AIS Solution at the Port of Aqaba, Jordan within the EU-funded SafeMed II Project. The primary purpose of the project is to provide a comprehensive picture of the maritime traffic to all interested parties, which will help to for
The National Shipping Company of Saudi Arabia (Bahri) announced that it received its first newly built Roll-on/Roll-off Container (RoCon) vessel from Hyundai MIPO on 5th of February 2013 in South Korea. This is the first of six sophisticated vessels that Bahri contracted Hyundai MIPO to build it in
The International Chamber of Shipping (ICS) – the principal international trade association for shipowners, representing all sectors and trades and over 80% of the world merchant fleet – has voiced serious concerns about toll increases just announced by the Suez Canal Authority (SCA), to be implemen
Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of the maritime sector in Dubai, has announced that Mohammad Al Bastaki, DMCA’s Director of Maritime Operations, recently attended the United States Coast Guard (USCG) Cru
Dana Gas PJSC, the Middle East’s leading regional private sector natural gas company, has announced its preliminary financial results for the year ended 31st December 2012: Dana Gas recorded net profit growth of 20% in 2012, increasing to US$ 165 million (AED 605 million) from US$ 138 million (AED 5
Mr. Attaollah Sadr, the Managing Director of the Port and Maritime Organization(PMO) said that currently as many as 150 projects are underway in Iranian ports worth $ 1.6 billion. He also added that the fund for running these projects have been procured by the PMO. He also noted that there are numer
Gougsar Port, located in Hormozgan province in the south of the country with fishing capacity of 253 t, is to be put into operation in 2013. Mr. Beheshtian, Director General of Construction of Fishing Port Department of Iranian Fisheries Organization said that continuation of yard preparation, const
