Grandweld Shipyards participated at Seatrade Middle East Maritime (SMEM) 2012 exhibition and conference, which was held at Dubai International Convention and Exhibition Centre from the 27th until the 29th of November 2012. SMEM 2012 was region’s leading shipping and maritime event, which allowed Gra
The UAE-based shipowner Polarcus has received the world’s first-ever DNV Level 1 Triple-E™ rating, a voluntary environmental rating scheme for ships, where 1 is the highest. All eight vessels in the Polarcus fleet are designed by ULSTEIN. The rating is based on a verification of a ship’s actual ener
Rating agency Standard & Poor’s (S&P) has reaffirmed Nakilat Inc.’s AA- rating with a stable outlook. The rating was reaffirmed on November 30th, 2012. Strong experience in managing liquefied natural gas (LNG) shipping, a reliable operating track record since delivery of its first LNG vessel in Augu
Shipowner Polarcus has received the world’s first-ever DNV Level 1 Triple-E™ rating, a voluntary environmental rating scheme for ships, where 1 is the highest. All eight vessels in the Polarcus fleet are designed by ULSTEIN. The rating is based on a verification of a ship’s actual energy efficiency
Iran plans to construct an oceangoing research vessel in the next six months, Managing Director of the Iranian National Institute for Oceanography (INIO) Vahid Chegini told Fars News Agency. According to Mr. Chegini the Iranian experts are in the process of designing, building and equipping the ocea
TAQA Bratani Limited has chartered the 2011 built UT 755L PSV “ FD Indomitable” for its next drilling programme with the John Shaw commencing 1st Quarter 2013. The Fratelli D’Amato owned vessel which is managed by Gulf Offshore, will support the drilling programme for a period of 2 years firm plus 3
Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, announces that James Moffat has been appointed as Chief Executive Officer effective March 1st, 2013. Prior to his appointment, Moffat was the execut
The National Shipping Company of Saudi Arabia (BAHRI), one of the world’s largest and most diverse shipping conglomerates, announced that the company will be participating in the 2012 Seatrade Middle East Maritime (SMEM) Exhibition & Conference and will be sponsoring the Press Office for the event.
Sudan and Saudi Arabia announced plans to start deep-water mining in the Red Sea basin in 2014, reports AFP. The licence to explore the area of about 115 kilometres (71 miles) west of Jeddah has been awarded in 2010 to Manafa International Trade Company of Saudi Arabia and Diamond Fields Internation
Recently HMS Enterprise found the wreck of a dhow in the waters around one of the world’s busiest harbours using her new hi-tech motor launch. Two sunken vessels were discovered by the Devonport-based survey ship as she worked in Port Rashid – one of the main ports serving Dubai – as her nine-month
A Cost Sharing Agreement (CSA) has been executed between Levant LNG Marketing, a subsidiary of Pangea LNG B.V., and Tamar Partners. This major milestone demonstrates the continuing progress toward the export of LNG from the Tamar and Dalit fields in the Eastern Mediterranean, 60 miles offshore from
TWMA, the leader in integrated drilling services and environmental solutions, announces a significant contract win for Zakum Development Company’s (ZADCO) flagship UZ 750 Project at Abu Dhabi’s Upper Zakum field, the fourth largest oilfield in the world. Commencing in December 2012, the contract, wo
The Director of Combined Maritime Forces in the Gulf region says coalition efforts have led to a fall in piracy attacks against merchant shipping and local fishing dhows but the risk to trade remains high. The International Maritime Bureau’s Piracy Reporting Centre reported just one attempted attack
The GCC is set to become the new global shipping hub for the new trade routes between the east and the west, expert speakers at the sixth Seatrade Middle East Maritime said. Mohammed Al Muallem, Senior Vice President and Managing Director, DP World, UAE region, led a positive session on the first da
