Bahri announce the Interim Consolidated Financial Results for the 12-month period ended 31st December, 2012.The National Shipping Company of Saudi Arabia (Bahri) report that Net profit, for the 12-months totaled SAR 500.4 million compared to SAR 287…
'Abu Dhabi' ASW corvette and 'Ghantut' FALAJ2 patrol vessel deliverd to United Arab Emirates Navy by Fincantieri's Muggiano Shipyard.Abu Dhabi-class CorvetteThe 'Abu Dhabi class' project has evolved from the 'Cigala Fulgosi' one, which…
Oman Shipping Company (OSC) has taken delivery of its third Very Large Ore Carrier (VLOC) 'Vale Saham' in China.The giant bulk carrier will be used to transport iron ore from Brazil to Sohar, Oman. OSC has one more vessel of its class under…
Khorfakkan Container Terminal (KCT) became the first terminal operator in the Middle East to handle the world’s largest container ship, 'CMA CGM Marco Polo'.With a length of four standard football pitches (396 metres), 54 metres beam and requiring a draft of 16m…
Last of the 65 ton blocks that make up the foundation of the extended quay wall of the 1 million TEU expansion laid in place.The Jebel Ali port expansion, scheduled to open for business in the second quarter of 2013, extends the quay wall by 400 metres to 3000 metres…
'Vale Sohar' docked at Vale's deep-water jetty in the Port of Sohar to unload iron ore on its first voyage from Brazil.The ship, one of the largest bulk carriers in the world with the capacity to transport 400,000 tons of minerals and the length of four football fields…
NATO Shipping Centre identifies a new area of piracy concern within the Gulf of Oman.All 22 hostages from the MV Iceberg 1 have now been released from pirate captivity. They had been held since the Iceberg 1 was pirated on 29 March 2010…
Hyundai Heavy Industries (HHI) & its affiliated shipyard obtain orders totalling US$1.05 billion to build five liquefied natural gas (LNG) carriers.One of the LNG carriers of 155,000-cubic-metre capacity and worth US$210 million is for Brunei Gas…
International Bunkering promotes Mr Ortiz to Senior Bunker/Lubricant Trader & Team Leader in its Dubai office.CEO Carsten Ladekjaer said: 'It is our pleasure to inform that as a result of his continuous hard-working efforts, his achieved…
Dubai Maritime City infrastructure development speeds up as 35 percent companies agree to begin immediate plot development.Maritime World, the umbrella body constituting Dubai Maritime City (DMC) and other maritime entities, announce that…
The Sultanate of Oman’s National Ferries Company (NFC) awards Austal a new 12-month vessel maintenance contract.Austal had previously held a three-year Vessel Maintenance Services Agreement which concluded in October this year. Under this new 12-month contract…
Mina Zayed, Abu Dhabi's main port for more than 40 years, redirects container ships to Khalifa Port near Taweelah, UAE.Abu Dhabi Terminals (ADT) has completed the switch three months ahead of schedule and less than three months after Khalifa…
Saudi Basic Industries Corporation (SABIC) says it is the world's first chemical company to commission LNG-run gas carriers.SABIC's new tankships will be powered by liquefied natural gas (LNG) to transport its olefins products, in anticipation…
AkzoNobel signs J/V agreement with Yusuf Bin Ahmed Kanoo group of companies for supply of the company's International Paint brand.The new deal strengthens the existing joint venture between AkzoNobel and Kanoo, which only covers the supply of the company's International Paint brand…
Royal Naval survey ship 'HMS Enterprise' discovers two previously uncharted wrecks in Port Rashid Harbour.Making use of its new hi-tech, smaller motor launch, the Plymouth-based ship discovered two sunken dhows in one of the world's busiest ports at the beginning of a nine-month deployment…
