The National Shipping Company of Saudi Arabia (BAHRI) announces that its 80% owned subsidiary The National Chemical Carriers Company Ltd. (NCC) will sign today, Tuesday, 14th August 2012 time charter agreements for three chemical tankers with International Shipping and Transportation Company Ltd. (a
Renaissance subsidiary, Topaz Energy and Marine, a UAE-based oil field services company, has been awarded two new long term charters, totalling over $65 million, in the GCC and the Caspian Sea, two of the company’s major operating areas. It also confirms the acquisition of Topaz Rayyan and Caspian R
International mechanical engineering group, EnerMech, has signed a joint venture agreement with Saudi based Shoaibi Group to form EnerMech Saudi Arabia Limited (EnerMech S.A. Ltd). Based in Al Khobar, Saudi Arabia, EnerMech S.A. Ltd will provided crane, hydraulics, valves, process, pipelines and umb
International mechanical engineering group, EnerMech, has signed a joint venture agreement with Saudi based Shoaibi Group to form EnerMech Saudi Arabia Limited (EnerMech S.A. Ltd). Based in Al Khobar, Saudi Arabia, EnerMech S.A. Ltd will provided crane, hydraulics, valves, process, pipelines and umb
The latest official figures show that Phase One of ADPC’s flagship Khalifa Port is 1% from completion. The Port, whose high-tech infrastructure and new semi-automated Container Terminal open on September 1st, is 99% complete. Its capacity is 2.5 million TEU containers per year. Khalifa Industrial Zo
Renaissance Subsidiary, Topaz signs over $65 million of new charters and announces the acquisition of two AHTS.
Grandweld Shipyards has commemorated the delivery of the two new 55 Tons Bollard Pull Escort Tugboats in a special ceremony held at Khalifa Port on August 6, 2012. The new tugboats are specially designed to assist in marine and Harbour operation at Khalifa Port including escorting & towing, mooring/
GeoGlobal Resources Inc. yesterday announced as the Operator of the Myra-1 well, that there has been a stuck pipe incident while drilling the well which could not be released. “As we could no longer continue the drilling according to the original plan, after consultation with the partners, we decide
Baker Hughes Incorporated announced today that the international rig count for July 2012 was 1,264, down 21 from the 1,285 counted in June 2012, and up 114 from the 1,150 counted in July 2011. The international offshore rig count for July 2012 was 286, down 19 from the 305 counted in June 2012 and d
The National shipping Company of Saudi Arabia (Bahri) announces that its 60 percent owned subsidiary Bahri Dry Bulk has started its operations by chartering in two Kamsarmax Dry Bulk Ships to serve its customers’ grain import requirements into the Kingdom. The time chartered vessels start operations
ADPC’s Al Fenci tugboat navigates her way along Mina Zayed channel after successfully passing all tests. The tugboat, built at the Grandweld yard in Dubai, will be joined by her sister tug, Al Durrah, also built at the same yard. Both will work at Khalifa Port. ADPC’s full complement of working craf
The National Shipping Company of Saudi Arabia (BAHRI) announces that its 80% owned subsidiary company The National Chemical Carriers Ltd. Co. (NCC) received on Friday, 3rd August 2012 in Korea a new chemical tanker named NCC NAJEM. The company received 45,000 tons tanker from SHINAsb (previously SLS
Maritime security issues continue to grab headlines across the shipping industry, and 2012 is on track to be a record year for growth in the sector. However, many believe this evolution has not been matched by services which maritime security providers themselves need. As the industry becomes more c
French oilfield services provider Technip, together with National Petroleum Construction Company (NPCC), has been awarded by Zakum Development Company (ZADCO) a lump sum engineering, procurement, fabrication, installation, commissioning and start-up contract for the Upper Zakum 750K Project in Abu D
