Abu Dhabi Ports has no plans to launch a public sale of shares in the short term, the chief executive of the state-owned company told Reuters on Tuesday. 'There are no immediate plans to go public,' Mohamed Juma al Shamisi said when asked if…
Dutch heavy lift specialist Mammoet said it has opened new branch offices in Oman and the United Arab Emirates, having seen an increase in projects across the Middle East.Mammoet has been operating in the Middle East for over 40 years and has already established a head office in Dubai…
Britain on Monday urged Gulf states including Saudi Arabia to ease a blockade of Qatar and to find an immediate solution to the impasse through mediation.Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and transport ties a week ago…
Maersk can no longer transport goods in or out of Qatar after Arab countries imposed restrictions on trade with the tiny Gulf state and the company is looking at alternative shipping routes. Shipping lines normally transship cargoes from the United Arab Emirates port of Jebel Ali to Qatar…
Ports in Saudi Arabia and the United Arab Emirates' barred ships flying Qatari flags after the two countries broke off diplomatic ties with Doha, in a move that raised fears of disruption to oil and gas shipments from the Gulf OPEC member. The…
Gulf-based bidders have emerged for the part-owned subsidiary of United Arab Shipping Company (UASC) whose sale is key to finalising the merger between UASC and German container shipping line Hapag Lloyd , sources close to the matter said. Last week…
Abu Dhabi Ports, the master developer, operator and manager of the Emirate's commercial and community ports as well as Khalifa Industrial Zone, in conjunction with Abu Dhabi Emergency, Crisis and Disasters Management Team, is preparing to conduct…
iContainers, the 100 percent online global freight forwarder, said it has opened a new branch in the shipping hub Port of Rotterdam, marking the Spanish company’s fourth global establishment. In the last two years, the Barcelona headquartered…
The Kipevu Oil Terminal at Mombasa Port will be relocated early next year, to Dongo Kundu area, as a result of the ongoing capacity expansion program, the Kenya Ports Authority announced. The new oil terminal is expected to have a capacity to accommodate four vessels of up to 200…
DP World Group Chairman and CEO, Mr Sultan Ahmed Bin Sulayem has met the President of Somaliland, Mr Ahmed Mohamed Mahamoud, during a visit to the country following the signing of a term sheet agreement in Dubai earlier this month to invest in the multi-purpose Port of Berbera…
NAWRUS program offers technical training and jobs for young Emiratis Abu Dhabi Ports, the developer, operator and manager of ports and Khalifa Industrial Zone (Kizad) in the Emirate, recently organized an open day to recruit young Emiratis…
Abu Dhabi Ports – the master developer, operator and manager of ports and Khalifa Industrial Zone in the Emirate ― has signed a contract with Gulf Marine Services (GMS) that will see the creation of a state-of-the-art facility at Zayed Port…
United Arab Emirates leading shipyard Grandweld has delivered a dive maintenance and support vessel TAWAM1 to Abu Dhabi National Oil Company (ADNOC). Grandweld took the newbuild project from conception to completion, designing and building…
World Shipowners’ Association (WSA) has appointed Nigeria-born Forbes billionaire and President of Slok Group, Orji Uzor Kalu as interim president of the body. Kalu, an eminent businessman and former governor of Abia State will occupy the…
Singapore's Keppel Offshore & Marine (KOM), via subsidiary, Keppel Offshore & Marine USA has inked a deal with Cameron International Corporation, a US-based oil and gas solutions provider, to acquire its offshore rigs business for US$100mln…