Cutting emissions on global scale has become one of the top priorities among maritime industry players inciting them to turn to renewable sources of energy in order to remain competitive on the market. Take a look at a video of Castor Green Terminal developed by Wallenius Wilhelmsen Logistics. Casto
Emirates Shipping Line today, announced that it will enter into a partnership with APL and OOCL on their CIX service and will be a vessel sharing partner on the service. Emirates will be branding this new service as the China India Express Service (CIS), restructuring its Hypergalex service The CIS
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 it will share key insights on the growing importance of Islamic financing in the maritime sector during its participati
As part of a scheduled tour of the UAE, Abu Dhabi Ports Company welcomed H.R.H. Prince Joachim of Denmark to Khalifa Port yesterday, where he was shown around the new state-of-the-art facilities of the Gulf Region’s only semi-automated, deep-water port. Showing a keen interest in the developments of
This video presents Seven Oceans deepwater rigid pipelay vessel in action. The video has launched by Subsea 7, one of the world’s leading subsea engineering and construction companies, which owns the vessel. The Seven Oceans is fitted with an advanced reeled pipelay system, capable of rigid and flex
A delegation from the Bureau International des Expositions (BIE), the inter-governmental organisation overseeing World Expos, joined DP World customers and officials to hear and see first-hand the supply chain capabilities of the UAE as it bids to host the World Expo 2020 in Dubai. The nine-member i
The Executive Committee of Abu Dhabi Executive Council today approved funds for a designing and constructing a new port on Delma Island. The approval was given at a meeting chaired by Sheikh Sultan Bin Tahnoun Al Nahyan, Chairman of Abu Dhabi Tourism and Cultural Authority (TCA) and member of the Ex
Abu Dhabi Ports Company (ADPC) and Abu Dhabi Terminals (ADT) jointly hosted a workshop at the Rocco Forte Hotel, Abu Dhabi, for a large audience of their stakeholders, including members of shipping lines, trucking companies, as well as shipping, clearing and forwarding agents. The respective roles o
The world’s biggest cargo ship Maxi Brazil transited the Suez Canal for the third time with a cargo of 246,000 tons. “Maxi Brazil has transited the canal from Ukraine and headed to South Africa with a cargo of 246,000 tons of raw iron on board,” Mohab Memish, the Head of the Suez Canal Authority, sa
Gazprom Marketing & Trading Switzerland AG and Levant LNG Marketing Corporation executed the Heads of Agreement (HOA), outlining the main terms of an exclusive offtake arrangement from Tamar floating LNG project for a 20 year period. The aim of the future deal is to expand Gazprom’s LNG marketing an
Waha Capital PJSC, a leading Abu Dhabi diversified investment company, announced that it has sold its three Anchor Handling Tug (AHT) vessels held by its wholly-owned subsidiary, Waha Offshore Marine Services (WOMS), to Stanford Marine Group. Waha Capital has a 49% shareholding in Stanford Marine Gr
Drewry’s latest Dry Bulk Insight report shows that the Drewry Hire Index suffered a further decline in the first month of the New Year. The main culprit was the Capesize segment, where lower demand eventually led to a decline in their freight rates. The outlook for 2013 remains bleak, with unpromisi
The feasibility study for construction of Khamir port has come to an end, an official of the Bandar Abbas port authority said. The official also said that the study started with a fund of a $200000 in 2008 and the call for participation in the bid for the first phase of the project has already [&hel
Maritime industry experts speaking at the third annual edition of the World Ports & Trade Summit will turn their attention from seaborne trade issues to cruise and marina development, as global industry leaders, waterborne tourism experts and port operators return to Abu Dhabi from 19-20 March 2013.