Under the auspice of HE Said Hamdoon, Undersecretary Ministry of Transport and Communication, Oman International Container Terminal ground breaking ceremony took place on May 16th to mark the start of the expansion of their container terminal capacity in Sohar. The construction will pave the way to increase the terminals’ capacity from the current 800,000 TEU [...]
May 20, 2013 | Posted in
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GE’s Power Conversion business is proving to be an ideal partner for builders and operators of drillships and semi-submersibles. In the last 12 months GE has won contracts valued at more than $600 million to provide propulsion systems with customers leading the pre-salt oilfield expansion off Brazil’s east coast. GE’s systems will power, propel, navigate, [...]
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Aqaba Container Terminal (ACT), the Red Sea gateway to Jordan and beyond, commemorated the successful completion of the first part of its berth expansion, adding 200 meters of new quay and two new STS cranes and four Rubber Tire Gantry cranes (RTGs). Participants in the ceremony included ACT’s chairman and Aqaba Special Economic Zone Authority [...]
Panama Canal Administrator Jorge L. Quijano presented the Panama Canal Expansion Program during his recent visit to Lamar University, in Beaumont, Texas. During the conference, Quijano highlighted the impact of the Panama Canal Expansion on the U.S. Gulf ports, focusing on those located in Texas. “An important number of the vessels of various segments that [...]
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Hornbeck Offshore Services, Inc. announced yesterday the expansion of its fifth OSV newbuild program by four vessels, as well as its intentions to ultimately build up to eight Jones Act-qualified MPSVs as a subset of its growing OSV newbuild program to service the subsea construction and IRM market that is expected to expand significantly in the [...]
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The Panama Canal Expansion is moving forward to reach its goal of bolstering the waterway’s capacity in order to provide a better service to customers. To date, the program is 50 percent complete. “The program continues to progress and reach milestones while we focus the next phases on building the locks,” said Panama Canal Administrator [...]
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Miclyn Express Offshore announced that it’s Thai Joint Venture, Uniwise Offshore, has placed an order for two 90tn bollard pull AHTS. The vessels will be constructed over an 18 month period in an external shipyard on attractive payment terms. The vessels are targeted for long term deployment with customers in Thailand who have extensive and [...]
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In a special ceremony at Jebel Ali, DP World Chairman H.E. Sultan Ahmed Bin Sulayem has formally overseen the installation of the last of the 2752 65 ton blocks that make up the foundation of the extended quay wall of the 1 million TEU (twenty foot equivalent container units) expansion of Jebel Ali Container Terminal [...]
It’s undeniable, that the port expansion trend in the Turkey and Black Sea region are continuing at steady pace. For Turkey only investment figures of 6.2 billion USD have been published. The 2nd Annual Port Expansion Summit 2013 (14 – 15 March 2013, Istanbul, Turkey) will feature the most prominent industry leaders and government officials [...]
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Load Line Marine S.A., the company launched three years ago by former Elmira Shipping & Trading technical director George Souravlas, may expand its fleet with new additions of eco-friendly bulkers, the maritime portal Shipping Herald reports. Reportedly, the company, prompted by growing demand for energy-efficient vessels, is considering placing an order for two handysize Eco-Design [...]
