A symbolic keel-laying ceremony on the 17th of April 2013 in Gorinchem, The Netherlands, officially launched the construction phase of 14 Damen ASD Tugs for Kuwait Oil Company (KOC). The series consist of two types, being 9 tugs of Damen’s recently launched 3212 model and 5 units of the well-known 2810 design, with 80 and [...]
The Ministry of Defence in Oman has awarded Damen Shipyards Group a contract for the construction of a Sail Training Vessel (STV). The 87-metre square rigged, three-masted steel clipper will take up her role as a flagship. In addition to its key role of training young Omani navy cadets and officers, the new clipper will [...]
Citadel Capital, the leading investment company in Africa and the Middle East, announced that core platform company Mashreq Petroleum has signed a 25-year concession agreement with the East Port Said Port Authority. The agreement is extendable by up to five years based on a 90% achievement rate of operational targets and will allow Mashreq to [...]
84% of port owners, operators and contractors said they would expect “increased safety” to be the primary benefit in specifying an automated system to monitor factors such as mooring line tension, approach speed and environmental conditions, according to a new independent market report by the marine systems business of Trelleborg. However, the majority (60%) of [...]
The National Shipping Company of Saudi Arabia (Bahri) was presented with “Seatrade 2013 Global Perform Award” during the prestigious 25th Seatrade Awards Ceremony Dinner held on 10th May 2013 at London’s historic Guildhall. The award was received by Engr. Saleh Al-Jasser, Bahri CEO in the presence of the Guest of Honour, Koji Sekimizu, IMO Secretary-General, [...]
The importance of a strong legal framework in building a sustainable business was underlined during a visit by Dubai Courts to DP World’s flagship Jebel Ali port recently. Top officials from Dubai Courts led by Dr. Ahmed Saeed Bin Hazim, Director General of Dubai Courts, were welcomed by HE Jamal Majid Bin Thaniah, Vice Chairman, [...]
President Mohamed Morsi has called for expediting the implementation steps for the Suez Canal Corridor project in view of its positive effect in supporting the Egyptian economy, luring Arab and world investments, providing thousands of job opportunities for the Egyptians in general and Sinai citizens and the Canal region in particular. This came during the [...]
Cathelco have won a series of orders to supply seawater pipework anti-fouling systems for jack-up rigs which are to be built by Lamprell Energy Ltd, the UAE based provider of diversified engineering services for the offshore oil and gas industry. The anti-fouling equipment will be supplied for four jackup rigs which are being constructed at [...]
Gulftainer-operated Sharjah Container Terminal was the site for the launch of the Mag Container Line (MCL), the Mag Bride, the first of four new vessels. The Mag Bride will operate on MCL’s Sharjah to Abu Fulous, Iraq service. The vessel is the first of four replacements being made in the MCL fleet. The launch took [...]
An official of the Islamic Republic of Iran Shipping Lines (IRISL), said, in a press conference, that the IRISL had placed an order for building six container ships and fifteen bulk carriers with Iran Shipbuilding & Offshore Industries Complex Co. (ISOICO). IRISL took delivery of the second container ship from ISOICO last week, despite the [...]
