Oman Drydock Company (ODC) has finalised plans for the addition of a floating dock to its world-class ship repair yard at Duqm on the Wusta… (omanobserver) [mappress] Source: omanobserver, August 29, 2011;
The National Shipping Company of Saudi Arabia announces that its 80% owned subsidiary company The National Chemical Carriers Ltd. Co. (NCC) received on Thursday, 4th August 2011 in Korea a new chemical tanker named NCC SAFA with DWT of 45,000 tons from SHINAsb (previously SLS) of South Korea, as par
Marcon International, Inc of Coupeville, WA, announced the sale and delivery of two 5,630BHP new ASD sister-tugs from Turkish builders, Bogazici Denizcilik to Owners in the United Arab Emirates. The tugs were designed by Cintranaval-Defcar of Spain for berthing and unberthing of vessels at LNG termi
Middle East Workboats 2011, the region’s event for workboat operators, builders and equipment suppliers, returns to Abu Dhabi at a time when the maritime industry is rapidly accelerating in countries across the Gulf. Renewed growth across various important maritime and related sectors including harb
Next year will see 1.55MTEU added to the global containership fleet, an expansion of 9.5% and increasing available capacity to 16.8MTEU… (imarest) [mappress] Source: Imarest , July 11, 2011;
UAE-based GMMOS Group announces it has rebranded to Stanford Marine Group (SMG) in order to better reflect its focus on chartering, operation, building, and maintenance of Offshore Supply Vessels (OSVs). The Group has two main divisions focused on the marine sector: Stanford Marine (OSV chartering)
The National Shipping Company of Saudi Arabia signed a murabaha financing agreement with the Saudi British Bank (SABB) and the National Commercial Bank for Saudi Riyals 822.6 millions(approx USD 219.3 million). The proceed will be utilized to finance 80% of the cost of constructing two (2) general c
Topaz Energy and Marine, a leading oilfield services group, has recently signed long-term vessel support contracts with prominent clients totaling US$ 160 million. Topaz’s cable-lay vessel, the ‘TEAM Oman’ has been contracted to ABB for a five year wind farm support contract plus options. The work w
Grandweld Shipyards has successfully delivered the utility vessel “Artemis Star” to Teams Shipping CO. L.L.C. The delivery ceremony took place at Grandweld facility at Dubai Maritime City, and was attended by Team shipping’s General Manager Mr. Esmail Afshar Sadeghi, and his associate, Marketing Man
Kuwait Oil Tanker Co. (KOTC) announced Monday it received a giant tanker from Daewoo Shipbuilding and Marine Engineering Co. The tanker, nam… (Kuna) [mappress] Source: Kuna, June 21, 2011;
The National Shipping Company of Saudi Arabia announces that its 80% owned subsidiary company The National Chemical Carriers Ltd. Co. (NCC) received on Wednesday, 15th June 2011 in Korea a new chemical tanker named NCC AMAL with DWT of 45,000 tons from SHINAsb (previously SLS) of South Korea, as par
The key laying of two CSD’s 500 will take place on Thursday June 2 in Sharjah (UAE). VOSTA LMG signed a contract with Jordan Modern Industries (JMI) for supply of two CSD’s 500 in March 2011. The two dredgers will be built at APT Global Marine services LCC, and will be used by the […]
United Arab Shipping Company (UASC) announced the conclusion of a $205 million term loan facility with Société Générale Corporate & Investment Banking (SG CIB), acting as Mandated Lead Arranger, and KSURE Agent, on a French Tax structure to finance the acquisition of two A13 (13,100 TEU) vessels out
Commander of Iran’s Navy Rear Admiral Habibollah Sayyari says the country’s naval forces plan to build “modern submarines” for a stronger Ir… (presstv) [mappress] Source: presstv, May 26, 2011;
