The National Shipping Company of Saudi Arabia (Bahri) and Saudi Aramco signed yesterday (June 27th , 2012) a non-binding memorandum of understanding (MOU) to pursue the merger of the fleets and operations of Bahri and Vela International Marine Ltd., a wholly owned subsidiary of Saudi Aramco. The proposed merger would create a large and more [...]
The human and economic cost of maritime piracy and exploring ways to enhance the effectiveness of a regional responses are the focus of the 2nd high-level, public-private UAE Counter-Piracy Conference, co-convened by the UAE Ministry of Foreign Affairs and global marine terminal operator DP World, that begins today (June 27). His Highness Sheikh Maktoum bin [...]
June 27, 2012 | Posted in
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Dubai Maritime City Authority (DMCA), the government authority in charge of regulating and supervising all aspects of the maritime sector in Dubai, has held on Monday, June 25, 2012, the first-ever maritime industry workshop in Dubai attended by key maritime industry partners in the emirate. The workshop was organized in line with the strategic cooperation [...]
June 25, 2012 | Posted in
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The heaviest single piece of machinery handled at Mina Musaffah has been unloaded at the port. The German heavy-lift ship, Lone, delivered two HP Absorbers from Italy weighing 1342 and 1275 metric tonnes, respectively. The cargo will be delivered to Abu Dhabi Gas Development Company (Al Hosn Gas). Musaffah Port’s Harbour Master, John Clayton, says: [...]
June 25, 2012 | Posted in
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Renaissance subsidiary, Topaz Marine Engineering, a UAE-based full service ship building, ship repair and engineering services company, confirms it has been commissioned by the Government of Sharjah’s Royal Court (Al Diwan Al Amiri) to build and deliver one Catamaran passenger ferry boat. With a focus on passenger luxury and efficiency, the Catamaran will be designed [...]
June 25, 2012 | Posted in
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Since 2007, 3500 seafarers have been held captive by pirates operating out of Somalia and 62 have lost their lives, more than 200 seafarers are still being held, often beaten and tortured, with no contact with their loved ones, while hundreds of seafarers are preparing to sail through waters where the pirates operate. The very [...]
June 22, 2012 | Posted in
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Drydocks World, the established international player in ship repair, conversion and new building, announced today that beginning of construction of DolWin beta, the world’s largest Wind Power HVDC Offshore Platform for Aibel AS, a leading service company that works within the oil, gas and renewable energy sectors. A steel cutting ceremony was organised to mark [...]
June 21, 2012 | Posted in
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Qatar Shipping SPC, a wholly owned subsidiary of Milaha ( Qatar Navigation QSC), has secured a ten year US $110 million (equivalent to QAR 400 million) ship financing facility with QNB Group. Proceeds from the facility will be utilized by Qatar Shipping to fund the ongoing construction of 19 harbor assistance vessels. The vessels will [...]
June 20, 2012 | Posted in
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During a port visit by EU Naval Force Flag Ship FS MARNE in Salalah (Oman), the EUNAVFOR Force Commander Rear Admiral Dupuis flew to Muscat on June 12 and 13 to meet Omani maritime authorities. After an initial meeting on June 11 in Salalah with the local commander of the Royal Navy of Oman, EUNAVFOR [...]
Nakilat, Qatar’s premier gas transporter, has assumed full responsibility for the management and operations of its four VLGCs (Very Large Gas Carriers), expanding Nakilat’s critical role in Qatar’s maritime sector by adding in-house ship management and operations to the spectrum of marine services offered by the company. Completed on June 15, full responsibility for the [...]
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