IADC and CEDA decided to present Environmental Aspects of Dredging course in Abu Dhabi on December 10-11 – just prior to CEDA Dredging Days on December 12-13 – giving added value to both events and allowing participants to maximise the benefits of travelling only once to this region for two great re
As alleged by Bloomberg, Shipping Corporation of India (SCI) is terminating its joint-venture with the Islamic Republic of Iran Shipping Lines anent intensification of sanctions against Iran, which have hampered the company’s business operations. Even though details of the separation still haven’t b
The first 250-meter-long tanker, out of four ordered by the Venezuela’s Oil Company, was launched on Monday evening at SADRA shipyard Bushehr yard, Iran. This Aframax tanker is the largest oil tanker manufactured in the Middle East region so far. With the astonishing efforts of all employees, the sh
Calmer waters seem to be on the horizon as the threat from Somali pirates is withering, NATO’s counter-piracy commander said, warning that the international forces shouldn’t lower their guard before the threat is completely removed. Speaking in figures, in the first half of 2012 the number of Somali
Aqaba Container Terminal (ACT), the world’s gateway to Jordan and the Levant region received the 2011 Social Security Excellence Award for Occupational Health and Safety, which is the only safety award of its kind to be offered to companies in Jordan by the Social Security Corporation. This recognit
The latest official figures for July, 2012, shows that ADPC’s flagship Khalifa Port is less than 2% from completion. The Port, whose new semi-automated container terminal opens on September 1st, is 98.48% complete. Khalifa Industrial Zone Abu Dhabi (Kizad), adjacent to the Port, is 90.87% complete.
In a milestone highlighting the intensive and full scale tests being carried out before the September 1st launch of Khalifa Port, the only semi-automated container terminal in the region, Abu Dhabi Ports Company (ADPC) and its port operator Abu Dhabi Terminals (ADT), have announced the historic arri
Turkmenistan has expressed readiness to increase export of electricity and natural gas to Iran. The Turkmen government has stressed there are good prospects for increasing export of electricity and energy to Iran. This was said during a recent meeting of the intergovernmental Turkmen-Iranian commiss
HR Wallingford is now trading as HR Wallingford LLC in Abu Dhabi, United Arab Emirates. HR Wallingford continues to build strong relationships with clients and partners based in Abu Dhabi and across the Middle East. The opening of the Abu Dhabi office builds on our growing international presence, wh
On Monday, July 23 Iran-based SADRA Ship Manufacturing Yard will launch the biggest indigenously built tanker, managing director of the company, Engineer Salman Zarbi told the press. The 113,000 dwt Aframax oil tanker will first cast off for three months long sea trials into the waters of the Persia
The Flying Angel, the first purpose built seafarers support vessel in the world, is gaining more prominence as donations keep coming in from various companies that recognize its importance. One of the companies that recognized the potential of the Flying Angel is Smit Lamnalco, provider of safe and
The Emirates Nuclear Energy Corporation (ENEC) officially commenced the construction of the UAE’s first nuclear energy plant, by pouring the first nuclear safety concrete for Barakah Unit 1. This significant milestone for the UAE’s peaceful civil nuclear energy program follows the receipt of the Con
Tanker industry is facing tumultuous tides as the oil traders are backing out of the market, causing reduction of chartering demand and thus inflicting considerable losses. As reported by Bloomberg, the biggest oil-tankers are experiencing 17-month low due to Chinese economic setback for a sixth qua
Nakilat, Qatar’s premier LNG shipping company, said that the company’s first half year – 2012 (H1- 2012) profit from operations was QR 385.4 million compared with QR 379.5 million for first half year in 2011. H1-2012 net profit after loss on derivative instruments from a joint venture was QR 380.8 m