CMA CGM, the world’s third largest container shipping Group and France’s leading, has announced that passengers cabins are now available on board the CMA CGM MARCO POLO, the world’s largest containership of 16 020 TEUs. This giant of the seas which has exceptional dimensions (longer than 396m) is th
The latest Maritime Employment Report from international specialist recruiter, Faststream, places a sharp focus on the gap that exists between perception and reality across the industry. Not surprisingly, seafarers seeking a shore career tend to focus on the traditional and more accessible roles suc
Drydocks World and Maritime World, the leading maritime service providers in the region, recorded outstanding success on its debut participation at NAVDEX. HH Lieutenant General Sheikh Mohammed bin Zayed bin Sultan Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Fo
Drewry’s latest Chemical Forecaster report highlights a significant change in the orderbook. Persistent fleet expansion far in excess of trade growth has persistently eroded utilisation rates, checked only by scrapping. The only good news is that current market conditions are making it harder to get
This video presents a wind propulsion system by SkySails GmbH with a towing kite measuring up to 320 metres, that provides additional thrust for the ship at sea, a sustainable solution for reducing fuel consumption, costs and emissions. Depending on wind conditions, fuel costs can be lowered between
The National Shipping Company of Saudi Arabia (Bahri) announces that it signed yesterday Tuesday 9/4/1434H corresponding to 19th February 2013G a Shariah compliant financing term sheet with JPMorgan Chase Bank, N.A. (Riyadh Branch), Samba Financial Group and The Saudi British Bank (SABB) for SAR 3,1
Drewry’s latest Dry Bulk Forecaster report suggests that cash-strapped shipowners will scrap younger and younger ships this year as the dry bulk market wallows in the doldrums. A ship as young as 15 years has already been sold for scrap in recent months, and the average scrapping age of Chinese-buil
Held under the patronage of His Highness, Sheikh Tamim bin Hamad bin Khalifa Al-Thani, Crown Prince of Qatar, with the official support of the Qatar Armed Forces and hosted by the Qatar Emiri Naval Forces, DIMDEX 2014 is the definitive exhibition for the industry to take advantage of current and fut
The Board of Directors of Ezion Holdings Limited announced that it has secured a charter contract with a value of approximately USD 79.9 million over a 3 year period with additional 2 year extendable option to provide a Jack-up Rig to support a South Asian based national oil company. The Jack-up Rig
OPera is a conceptual study of offshore power systems for oil and gas installations. The objective of this study, performed by DNV, is to complement existing power hub concepts, provide ideas and inspiration to the industry, and serve as invitation to collaboration. Main focus of the study is the ne
Meraas Development LLC has again contracted Van Oord to build an island in the emirate of Dubai. Jumana Island will lie 500 metres off the coast and will be used for urban development. A bridge will connect the island to the coast. The contract is worth approximately EUR 100 million. Work on the pro
Northrop Grumman Corporation will highlight a wide range of defence and security solutions, including cyber-protected C4I solutions, airborne early warning and control systems, aerial surveillance, fire control radars and marine navigation systems, at the International Defence Exhibition and Confere
Abu Dhabi Terminals (ADT), the manager and operator of Abu Dhabi’s four main commercial ports, announced today that it has reached an agreement with a consortium of shipping companies to start a direct service to facilitate trade between Abu Dhabi’s Khalifa Port and the ports of Mundra and Nhava She
Drydocks World & Maritime World today announced the institution of an employee award scheme to recognize performance excellence among its staff. The award which recognizes an employee’s commitment & work ethic in embracing the challenges required in the transformation phase of the business is availa
