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Business & Finance

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ShipbuildingGreen MarineFossil Energy
UAE: BOURBON Strengthens Its Vessel Maintenance Program
Business & Finance

UAE: BOURBON Strengthens Its Vessel Maintenance Program

A leader in offshore oil and gas marine services, BOURBON opens Bourbon Docking, an organization located in Dubai, to manage the Class Dockings of vessels, for all BOURBON affiliates. According to BOURBON 2015 Leadership Strategy plan, the Group’s growth strategy is based on the mass-building of ves

about 14 years ago
UAE: FPSO Athena Enters Final Phase of Conversion Work
Business & Finance

UAE: FPSO Athena Enters Final Phase of Conversion Work

According to Ithaca Energy, Athena Development Update activities are progressing as scheduled. The BW Athena FPSO, is undergoing final phases of conversion work in Dubai Dry Dock World. Under the agreement between BW Offshore and Drydocks World scope of work included lengthening of the vessel and fa

about 14 years ago
UAE: ‘World’s Leading Cruise Port’ Award for Dubai Cruise Terminal
Business & Finance

UAE: ‘World’s Leading Cruise Port’ Award for Dubai Cruise Terminal

Dubai Cruise Terminal, operated by global marine terminal operator DP World and managed by Department of Tourism & Commerce (DTCM), has won the World’s Leading Cruise Port award at the prestigious World Travel Awards 2011 for the fourth consecutive time. Tariq Bin Khalifa, Director, Account Manageme

about 14 years ago
BW Athena FPSO Scheduled to Leave Dubai in mid-February
Business & Finance

BW Athena FPSO Scheduled to Leave Dubai in mid-February

Ithaca Energy today announced that the Athena field development activities continue to progress. The BW Athena FPSO, is undergoing final phases of conversion work in Dubai Dry Dock World. Commissioning is underway and will be completed before sailaway from Dubai to ensure that the hook-up and offsho

about 14 years ago
MacGregor Bulk Handling Systems from New OSVs in Asia and Europe
Business & Finance

MacGregor Bulk Handling Systems from New OSVs in Asia and Europe

MacGregor bulk handling systems are to be installed on four offshore support vessels (OSV) of various types under construction in Asia and Europe. In the last quarter of 2011 Cargotec secured contracts for MacGregor bulk handling systems for installation onboard four offshore support vessels (OSV) n

about 14 years ago
UAE: Leading Specialists Convene Maritime Security and Surveillance Conference
Business & Finance

UAE: Leading Specialists Convene Maritime Security and Surveillance Conference

Leading specialists from governments, armed forces and the maritime security industry will convene later this month at the Maritime Security and Surveillance conference to share intelligence, ideas and lessons learned, whilst exploring the future possibilities and risks facing the Gulf Region’s coas

about 14 years ago
BIMCO Calls for Tighter International Regulation of World Shipping
Business & Finance

BIMCO Calls for Tighter International Regulation of World Shipping

A Baltic and International Maritime Council (BIMCO) study has called for tighter regulation of shipping on a global basis that will take practical and pragmatic steps to enhance the environment. The study also sought more concerted action to suppress piracy and an end to persecution of seafarers inv

about 14 years ago
Israel: Adira Energy Finalizes Yitzhak Farm-Out
Business & Finance

Israel: Adira Energy Finalizes Yitzhak Farm-Out

Israel’s Petroleum Commissioner has granted approval to Adira Energy Ltd. for the farm-out of 25% of its interest in the Yitzhak offshore license to the AGR Group and Ellomay Oil and Gas 2011 LP, pursuant to a series of Farm-Out Agreements announced on December 5, 2011. The Agreements are now uncond

about 14 years ago
ADPC, Abu Dhabi Terminals Ink Berth Agreement with IRSHAD
Business & Finance

ADPC, Abu Dhabi Terminals Ink Berth Agreement with IRSHAD

ADPC and Abu Dhabi Terminals (ADT) signed an agreement with Abu Dhabi Petroleum Ports Operating Company (IRSHAD) yesterday. The signing, which took place at ADPC’s HQ, was attended by Capt. Mohamed Juma Al-Shamisi, Vice President Ports Unit at ADPC, Martijn Van de Linde, Chief Executive Officer of A

about 14 years ago
UAE: Post Panamax Cranes to Arrive at Khalifa Port
Business & Finance

UAE: Post Panamax Cranes to Arrive at Khalifa Port

The first batch of the world’s largest ship to shore cranes have set sail from Shanghai, China on their way to Khalifa Port. The super post panamax cranes built by Chinese company ZPMC are due to arrive at the end of January. ADPC announced an AED 193 million contract for six cranes with Shanghai Zh

about 14 years ago
UAE: Dutch Queen Visits Jebel Ali Port
Business & Finance

UAE: Dutch Queen Visits Jebel Ali Port

Her Majesty Queen Beatrix Wilhemina Armgard of the Netherlands accompanied by HE Sultan Ahmed Bin Sulayem, Chairman, DP World, visited yesterday (January 9), the flagship Jebel Ali Port in Dubai, as part of her state visit to the UAE. They discussed the expanding investment and trade relations bindi

about 14 years ago
Oman Shipping Company Takes Delivery of New VLCC DABA at HHI Yard
Business & Finance

Oman Shipping Company Takes Delivery of New VLCC DABA at HHI Yard

Oman Shipping Company S.A.O.C. (OSC) took delivery of one of their latest Very Large Crude Carrier (VLCC) the DABA, at Hyundai Heavy Industries co. Ltd’s (HHI) Yard in Ulsan, South Korea on 6th Jan 2012. DABA has a 317,000 deadweight ton (DWT) capacity, is 333 meters length overall, 60 meter in beam

about 14 years ago
Iran: New FSU to Replace Sourena
Business & Finance

Iran: New FSU to Replace Sourena

FSU Sourena will moor for repairs when new FSU Khalij-e Fars enters Bahregan zone by 20 March 2012. Manager of FSU Sourena at Iranian Off-shore Oil Company (IOOC) said that for major repairs Sourena’s activities need to be fully halted therefore a new FSO ordered by IOOC to an asian vessel builder i

about 14 years ago
Iran: New FSU to Replace Sourena Unit
Business & Finance

Iran: New FSU to Replace Sourena Unit

National Iranian Oil Company reported yesterday that FSU Sourena will moor for repairs when new FSU Khalij-e Fars enters Bahregan zone on 20th March 2012. Manager of FSU Sourena at Iranian Offshore Oil Company (IOOC)said that for major repairs Sourena’s activities need to be fully halted therefore a

about 14 years ago
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