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Business & Finance

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UAE: ADPC, Parsons International Ltd Sign Marfa Port Development Contract
Business & Finance

UAE: ADPC, Parsons International Ltd Sign Marfa Port Development Contract

Abu Dhabi Ports Company (ADPC) and Parsons International Limited have signed a consultancy contract for the first phase development of Marfa Port, Abu Dhabi. Following directions from the Abu Dhabi Government, ADPC tendered a contract for specialised consultants to develop Marfa Port. Parsons was se

about 14 years ago
MT Stolt Valor Salvage Operations Come to Successful Conclusion (Bahrain)
Business & Finance

MT Stolt Valor Salvage Operations Come to Successful Conclusion (Bahrain)

As the Kingdom of Bahrain gears up to host the 2012 World Maritime Day Parallel Event in October under the theme “IMO: 100 years after the Titanic”, maritime safety and protection of the environment has always been the top priority for the General Organisation of Sea Ports (GOP) in the on-going oper

about 14 years ago
U.A.E: STATS Appoints New Regional Director for MENA
Business & Finance

U.A.E: STATS Appoints New Regional Director for MENA

Pipeline engineering company, STATS Group, has appointed Angus Bowie as Regional Director for the Middle East North Africa (MENA) in a move which heralds a major expansion in the region. Mr Bowie was previously Technical Director and has relocated from Aberdeen to Abu Dhabi where he will oversee the

about 14 years ago
STATS Names Director for MENA Region
Business & Finance

STATS Names Director for MENA Region

Pipeline engineering company based in Aberdeen,UK, STATS Group, has appointed Angus Bowie as Regional Director for the Middle East North Africa (MENA) in a move which heralds a major expansion in the region. Bowie was previously Technical Director and has relocated from Aberdeen to Abu Dhabi where h

about 14 years ago
Bahrain: GOP Approves Reduction on Cruise Ship Tariffs
Business & Finance

Bahrain: GOP Approves Reduction on Cruise Ship Tariffs

The Board of the General Organisation of Seaports (GOP) approved a reduction on the tariffs levied on cruise ships at the 29th Board meeting, held on Tuesday 10th July 2012.. The decision is part of a series of suggested initiatives aimed at boosting cruise ship traffic to Bahrain. This decision was

about 14 years ago
Saudi Arabia’s ADC Buys Rig from Standard Drilling
Business & Finance

Saudi Arabia’s ADC Buys Rig from Standard Drilling

Cyprus-based SD Standard Drilling Plc (“Standard Drilling”) has entered into a final SPA for the sale of one rig (B325) under construction for a total consideration of USD 213,5m. The buyer is Arabian Drilling Company, a company incorporated in Saudi Arabia. The sale of the rig will give an estimate

about 14 years ago
Trelleborg Supplies Largest Fender for New Port Project in Qatar
Business & Finance

Trelleborg Supplies Largest Fender for New Port Project in Qatar

Trelleborg Marine Systems, part of Trelleborg Engineered Systems, has been awarded the contract to supply the largest marine fender solution project in history for the state-of-the-art New Port Project (NPP) in Qatar. After five years spent working closely with the construction company, Trelleborg h

about 14 years ago
Baker Hughes: International Offshore Rig Count for June Up Year-on-Year
Business & Finance

Baker Hughes: International Offshore Rig Count for June Up Year-on-Year

Baker Hughes Incorporated announced today that the international rig count for June 2012 was 1,285 rigs. The June international rig count includes the addition of 79 rigs in Iraq. This is the first time Baker Hughes has included Iraq in its international rig count since 1990. The June rig count of 1

about 14 years ago
GOP Works on Enhancing Bahrain’s Position as International Cruise Liner Hub
Business & Finance

GOP Works on Enhancing Bahrain’s Position as International Cruise Liner Hub

The General Organisation of Sea Ports (GOP), in its role as regulator of Bahrain’s maritime affairs and custodian of the state-of-the-art Khalifa Bin Salman Port (KBSP), arranged and hosted a meeting to formulate a collective strategy aimed at enhancing Bahrain’s position as an international cruise

about 14 years ago
CEDA Dredging Days: “Dredging for the Offshore Oil and Gas Industry” (UAE)
Business & Finance

CEDA Dredging Days: “Dredging for the Offshore Oil and Gas Industry” (UAE)

In a break with tradition this year, the Central Dredging Association’s trademark conference and exhibition, CEDA Dredging Days 2012, will be held in Abu Dhabi, United Arab Emirates on 12-13 December. This unique opportunity takes advantage of the substantive dredging programmes in the Middle East o

about 14 years ago
Blue Water Shipping: Historic Transport to Caspian Sea (Russia)
Business & Finance

Blue Water Shipping: Historic Transport to Caspian Sea (Russia)

With a clearance of just a few centimeters, Blue Water Shipping is the first company in history to transport cargo with a width of 17.35 m on the Volga-Don river system. One of the items shipped on the barge weighed in at 1,050 mt. The record-breaking transport was part of a shipment of 4 river [&he

about 14 years ago
UAE: DMCA Launches ‘Dubai Maritime Week 2012’
Business & Finance

UAE: DMCA Launches ‘Dubai Maritime Week 2012’

Dubai Maritime City Authority (DMCA) announced on July 3 that it is launching the first ever Dubai Maritime Week, to be held in November this year. In collaboration with several strategic partners from Dubai Government, DMCA will organize a number of maritime industry-related activities and events,

about 14 years ago
France: Bureau Veritas Unveils New Guidance for Wind Farm Service Ships
Business & Finance

France: Bureau Veritas Unveils New Guidance for Wind Farm Service Ships

Leading international classification society Bureau Veritas has published guidance for designers and builders of Wind Farm Service Ships. Maxime Pachot, offshore service vessel manager at Bureau Veritas, says, “Although some of the existing Offshore Service Vessel fleet can perform the tasks necessa

about 14 years ago
Saudi Arabia: Bahri Inks Major Financing Agreement
Business & Finance

Saudi Arabia: Bahri Inks Major Financing Agreement

The National Shipping Company of Saudi Arabia (Bahri) announced that the company signed a Murabaha financing agreement with Public Investment Fund (PIF), on Tuesday 3rd July 2012 to finance part of the total construction cost of building two General Cargo vessels at Hyundai Mipo Dockyard in South Ko

about 14 years ago
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