Category archives for: Middle East

N-KOM, GIS Seal USD 110Mln Offshore Deal

N-KOM, GIS Seal USD 110Mln Offshore Deal

Gulf Drilling International Limited (GDI), a subsidiary of Gulf International Services (GIS),  has awarded two contracts worth USD 110 million to Nakilat-Keppel Offshore & Marine (N- KOM), a joint venture shipyard between Nakilat and Singapore’s Keppel Offshore & Marine (Keppel O&M).   The first contract is for the construction of a self-propelled and self-elevating liftboat, […]

Cargo Cruises aboard Giants of the Seas

Cargo Cruises aboard Giants of the Seas

CMA CGM Group is now offering genuine cruises aboard its biggest vessels, the new 16,020 TEUs container ships, such as the Marco Polo or the Alexander von Humboldt.   These giants of the seas (365 meters long, which is equivalent to more than 4 soccer fields), are among the largest vessels of their kind in the […]

Nordbank’s Survey Projects Good Shipping Tides

Nordbank’s Survey Projects Good Shipping Tides

German lender HSH Nordbank has carried out a survey titled “Shipping companies 2014 – Fit for the future?” which shows that the confidence among shipping companies in the industry continues to grow in 2014, as a clear majority of companies expect increased turnover and more than 40 per cent expect higher profits in comparison to […]

Container Volumes Up at DP World

Container Volumes Up at DP World

DP World Limited handled 29.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first half of 2014, with gross container volumes growing by 9.3% on a like-for-like basis. On a reported basis gross volumes grew by 10.7% with new volumes at London Gateway (UK) and Embraport (Brazil) contributing to […]

Additional Container Weighing Legislation Adds to the Burden

Additional Container Weighing Legislation Adds to the Burden

  Additional legislation will not have any significant effect on container safety in transport overseas, the European Shippers’ Council (ESC) said with respect to the issue of the proposed weighing of containers.   The proposition comes as ever growing number of shipping accidents are caused by overweight containers, incorrect declarations of the loaded container weights, […]

Cruise Liners Scratching Israel off Itineraries

Cruise Liners Scratching Israel off Itineraries

Following the recent surge of violence in the Gaza Strip, sister companies Regent Seven Seas Cruises and Oceania Cruises have decided to steer clear of Israel, Asia Cruise News reports.   The decision is also based on the close shave the German AIDAdiva had when caught amidst a rocket attack at the Israeli Port of Ashdod, with […]

Demand for Ultra-Large Vessels Changes Course

Demand for Ultra-Large Vessels Changes Course

Demand for newbuild containerships has dwindled during the month of June, as European traffic demand began to increase, heralding a changing course in the industry.   The slowdown in growth of the orderbook, particularly amongst ultra-large vessels, marks a positive sign that improving demand could catch-up with the projected vessel supply by 2016, said Irish […]

Promising Times Ahead for Abu Dhabi Ports

Promising Times Ahead for Abu Dhabi Ports

General cargo moving through Abu Dhabi’s commercial Ports has increased by 37% this year.   ADPC’s commercial ports (Musaffah, Khalifa and Zayed Ports) have handled 6.4 million FT of general cargo, compared to 4.7 million FT in the first half of 2014. This is an increase of 1.74 million FT (freight tonnes) compared with the […]

Bandar Abbas Hosts First Foreign Ship after Sanctions Lift

Bandar Abbas Hosts First Foreign Ship after Sanctions Lift

Wan Hai 512, a 4,680 TEU vessel owned by Thailand-based shipper Wan Hai Lines, has become the first international vessel to call at the port of Shahid Rajayee in Bandar Abbas after lifting of sanctions on the southern Iranian port on 15 July, Iranian Ports and Maritime Organization said.   The vessel was heading from […]

ZIM’s Emission Performance On Track

ZIM’s Emission Performance On Track

The CCWG (Clean Cargo Working Group) of BRS, an industry-wide initiative dedicated to improving the environmental performance of marine transport, has published its 2013 results, accumulated from 22 top carriers worldwide, covering about 85% of the global container cargo carried in 2013.   ZIM, the biggest cargo shipping company in Israel, which only joined the […]

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