The surge in Somali pirate attacks has been wiped out completely based on the figures for this month, which has been the first full month without pirate attacks since 2007, The Telegraph writes. Based on the data released by the International Maritime Bureau (IMB), the last attempted boarding and fi
His Highness General Sheikh Mohammed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces has reviewed the progress made at the megaproject Khalifa Port and Khalifa Industrial Zone Abu Dhabi (Kizad) at Taweelah. This came during an in-depth presenta
Leading Middle East private oil and gas company Crescent Petroleum and its partner and affiliate Dana Gas PJSC, the region’s first private-sector natural gas company, have, in their capacity as joint operator of the Kor Mor field, announced that total production in their major gas operations in the
As of August 4th, 2012, HNLMS Rotterdam is the flagship of NATO counterpiracy operation Ocean Shield. The Landing Platform Dock took over the tasks of air defence and command frigate HNLMS Evertsen in the waters off the coast of Somalia. Along with the Rotterdam’s 320-strong crew, Commodore Ben Bekk
RasGas Company Limited’s first dedicated liquefied natural gas (LNG) carrier, the Fuwairit, today set sail from Qatar to Spain on its 100th delivery voyage. Upon its arrival in Spain later this month, the Fuwairit will have shipped 13.6 million cubic metres of LNG – enough LNG to power a city the si
Iran is ready to officially inaugurate the first underground natural gas storage facility of the Middle East, Managing director of the National Iranian Gas Company (NIGC), Javad owji said. He went on to say that, as the first gas storage facility in the Middle East, Serajeh facility has stored up to
India might be reinstating oil imports from Iran, what used to be the country’s second biggest oil supplier, in spite of the sanctions imposed by the West against Teheran which are still in force. As unravelled by Reuters, India’s Shipping Ministry has addressed a letter to Great Eastern Shipping Co
RasGas has successfully launched several pace-setting emisiion reduction initiatives accross its value chain, ranging from flare minimisation to a new Greenhouse Gas (GHG) reduction policy. The Company today released its 2011 Sustainability Report which provides a comprehensive overview of its envir
The Saudi Ports Authority (SPA) signed a number of contracts worth SR 615 million (US$164m) for the development of King Abdul Aziz Port in Dammam, Dhuba Port in Tabuk, King Fahd Industrial Port in Yanbu and Yanbu Commercial Port. According to arabiansupplychain.com, a container wharf will be constru
The Saudi Ports Authority (SPA) signed a number of contracts worth SR 615 million (US$164m) for the development of King Abdul Aziz Port in Dammam, Dhuba Port in Tabuk, King Fahd Industrial Port in Yanbu and Yanbu Commercial Port. According to arabiansupplychain.com, a container wharf will be constru
The director general of the State Company for Iraq’s Ports stated that the Hyundai Engineering & Construction (000720) is among 16 companies that bid to build a breakwater for the $6 billion first phase of the Grand Fao Port. According to Bloomberg, Daewoo Engineering & Construction Co. (047040), Dr
The minehunters HMS Middleton and HMS Pembroke were in the Gulf of Aden on their way home when they received a distress call from the MV New Delhi Express. The 40,000-tonne merchant ship, laden with valuable containers, contacted HMS Middleton to say she was 12 miles to the south west and had suffer
Based on its recent analysis of the wave energy generation market, Frost & Sullivan recognizes Eco Wave Power with the 2012 European Frost & Sullivan Award for New Product Innovation for developing and implementing an all-round solution for effective energy harvesting from waves. “Driven by the ener
ADPC has held an information-sharing meeting with shareholders in Marfa, as it prepares to develop the first phase of the port. In a special meeting held at Marfa Hotel, ADPC’s Vice President of Project Development, Waleed Al Tamimi discussed the plans with important stakeholders, notably local comm