* Iranian insurers see tie-up interest from foreign players* Local insurance market worth $7.4 bln in premiums* Iranian players seeking credit ratings to help partnerships* Caution remains over U.S. restrictions still in placeBy Bernardo Vizcaino and Carolyn CohnSYDNEY/LONDON…
Global economics2016 continues where 2015 ended, with all eyes on China. This is mainly because of uncertainty surrounding the development of the world’s second-largest economy. When the first day of the Shanghai Stock Exchange of 2016 closed prematurely…
Lloyd's Register (LR) is working on resuming services to verify safety and environmental standards for Iranian shipping companies, the ship classification society said on Monday.Without verification from such bodies, ships are unable to call at international ports or secure insurance…
For the third year running, DP World is the top stock in the S&P/Hawkamah Pan Arab ESG Index.The index is the first ever of its kind in the Arab world and ranks the transparency and disclosure of regional listed companies based on Environmental…
Dana Gas PJSC, a publicly listed natural gas company in the Middle East, has announced several key senior management appointments. Chris Hearne was appointed as the Chief Financial Officer of the company on January 4, 2016. Prior to joining Dana Gas…
MSI’s proprietary tanker market model predicts firm earnings scenario in first half of next year before weight of fleet growth starts to suppress ratesLondon, December 15, 2015. The latest Tanker Freight Forecaster from Maritime Strategies…
Hansa Heavy Lift announced the continuation of its global expansion program with new offices in Brazil and the United Arab Emirates (UAE), as well as the appointment of a new commercial agent in Colombia. The new office in Rio de Janeiro…
Dan-Bunkering (Middle East) DMCC is pleased to announce that Lamin Bara has joined the office in Dubai as Bunker Trader as per 1 November 2015.Lamin was born and raised in a multilingual family in Denmark and has been working in the transportation/logistics industry for the past many years.
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…
Press release - Global marine terminals operator DP World’s flagship Jebel Ali Port has received the world’s largest container vessel, the Magleby Maersk, which is on its maiden visit to the region. The management and operations team at Jebel Ali rolled out a well-drilled operation to welcome…
Halul Offshore Services Company, a wholly-owned subsidiary of Milaha, has recently procured an offshore support vessel (OSV) ship handling simulator, which is reportedly the first of its kind in Qatar. Halul said it is now one of the few companies…
Some 200 delegates from all around Turkey attended the Pilotage & Towage Services Technologies Congress in Izmir, an event supported by shipbuilder Sanmar, whose Projects Director Ali Gurun presented a paper about technical specification of…
Press release - The medical team at Drydocks World has organized an event to celebrate the successful completion of collaborative research with Imperial College London. The event was attended by His Excellency Abdulrahman Al Saleh, Chairman of Drydocks World…
Ahead of next week’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), global shipping, logistics and marine services provider GAC Group has announced the appointment of Shanaka Fernando as Regional Business Development Manager…
Abu Dhabi Ports (ADP), the master developer, operator and manager of ports and industrial zones in the Emirate, presented the offerings of its Khalifa Industrial Zone Abu Dhabi (Kizad) and Khalifa Port at an exclusive business event in Dubai…