DP World to Partner with Israeli Firm in Bid for Haifa Port
Dubai's DP World is partnering with an Israeli group to bid for one of Israel's two main ports and to examine opening a direct shipping line between the two Middle East states, it said on Wednesday.The announcement came a day after Israel and the United Arab Emirates signed an historic agreement to normalize ties, and marks a big development in trade and economic collaboration.Dubai state-owned DP World, which operates ports from Hong Kong to Buenos Aires, signed a series of agreements with Israel's DoverTower including a joint bid in the privatization of Haifa Port on the Mediterranean…
“Cautious Optimism” for Goltens Dubai
The global downturn in offshore energy is well recorded, a downturn which has had impact on various arms of the energy and marine supply chain. While Goltens has felt the downturn like many other companies, it is reporting 'cautious optimism' in the Middle East premised on new international regulation and the need for shipowners to upgrade ships.Almost all the offshore vessels in Dubai are operating, and many have come in from Asia to do the same, but following the offshore crash in 2016, operators are delaying maintenance.
BorWin Gamma Platform Sails Away
The offshore converter platform, BorWin gamma, has now safely set sail from Dubai and begun its journey to its offshore site in the German part of the North Sea.Through the Gulf of Oman, the 18,000 ton ‘topside’ will pass into the Red Sea before going through the Suez Canal onto the Mediterranean and past Gibraltar. The journey then moves through the Bay of Biscay, to the English Channel and into the North Sea where it will be integrated with the ‘jacket’ nearly 130 kilometres off the German coast.Along with BorWin3…
DP World Gross Volume Up 4.8% for 1H 2018
Dubai-based port and terminal operator DP World said that its gross volumes rose 4.8 percent to USD 35.6 billion s for the six months to 30 June 2018, despite uncertainties in the container market. On a reported basis, revenue grew 14.4%.Revenue growth is supported by the volume growth across all three regions and the impact of new acquisitions including Drydocks World LLC (Drydocks), Dubai Maritime City (DMC) and Cosmos Agencia Marítima (CAM).Profit attributable to owners of…
Drydocks World Initiates Health Care Campaign
Drydocks World - Dubai organized a health care campaign in cooperation with Al Baraha Hospital and Dubai Health Authority.Employees benefited from medical tests, examinations, information and health advice from doctors and experts at 12 stations covering: safety, nutrition, urology, dermatology, physiotherapy, pharmacy, accident and emergency. This annual health care campaign aims to bring specialist medical services and educational awareness to the yard’s large workforce, in…
DP World to Invest $1bn in Expansion
DP World is planning to annually inject up to $1 billion in global investments until 2020, local media quoted company chairman and CEO Sultan Ahmed Bin Sulayem as saying. The expansion at Prince Rupert in Canada opened for business. DP World Limassol in Cyprus opened a new cruise terminal. A series of acquisitions, technology tie-ups and sustainable business achievements all formed part of the activities that saw the global trade enabler expand its business horizons across the world.
Drydocks World Conforms to FPC under EU Regulation
Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors has successfully been certified to European Standards EN 1090 – 1 and EN 1090-2. The certification program is part of the European Union’s Construction Products Regulation CPR 305/2011. Drydocks World’s main yard activities undertaken in its facility are found to be complying with Factory Production Control (FPC) requirements by the auditing body. The scope of the certification includes Corrosion Protected Load Bearing Steel Structures…
DMCA Showcases Local Maritime Leadership
Dubai Maritime City Authority (DMCA) showcased Dubai's global maritime leadership in the presence of a high-level delegation from City of Glasgow College who commended the manner in which the outstanding experiences of the UAE maritime sector has transformed it into an internationally renowned maritime community. This was done during a visit by an academic delegation from the UK College to the DMCA head office in Dubai to promote collaboration in the vital fields of maritime training, research and studies.
New CEO at GulfNav Leads Expansion Plans
Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) has announced in a press conference at Rose Rayhaan by Rotana April 19 its expansion plans to increase its assets under management and service-based revenue. The shipping company also revealed the appointment of Khamis Juma Buamim as the new Board Member, Managing Director and Group CEO by the Board of Directors during the event. Chairman Abdulla Saeed Abdulla Brook Al Hemeiri, and Khamis Juma Buamim along with other high-level executives…
GulfNav Unveils Expansion Plans
Gulf Navigation Holding PJSC (GulfNav), the Dubai-based shipping company, has announced in a press conference at Rose Rayhaan by Rotana today (Tuesday, April 19, 2016), its key expansion plans to increase its assets under management and service-based revenue. The shipping company also revealed the appointment of Mr. Khamis Juma Buamim as the new Board Member, Managing Director and Group CEO by the Board of Directors during the event. The move forms part of the company’s intensified strategy to become one of the main industry leaders in the regional maritime and shipping industries.
Drydocks World: The Happy Shipyard?
In what sounds hauntingly like a Silicon Valley initiative, Mr. Ahmed Ali Mohammad Ahmed has been selected for the position of Happiness Manager at Drydocks World. While corporate leaders across the maritime sector routinely name the attraction and retention of employees as the number one challenge, Drydocks world has seemingly kicked this to a new level, inspired by the leadership of HH Sheikh Mohammed bin Rashid Al Maktoum Vice-President and Prime Minister of the UAE and Ruler of Dubai. Drydocks World has a 10,000+ workforce, and Mr.
Drydocks World Earns Five Star Safety Grading
Drydocks World, an international service provider to the shipping, offshore, oil, gas and energy sectors, announced it has received a five star rating from the British Safety Council for the Occupational Health and Safety. The company underwent a detailed, quantified and objective audit conducted by the British Safety Council on occupational health, safety management systems and a number of key safety indicators. Drydocks World’s management continually focuses on principles that enhance operational excellence, sustainable development and creating a culture to increase the safety of employees.
Drydocks World Dubai Celebrates WELSHIP Program
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, and by Dr. CS Kim, Drydocks World’s President and COO and senior members of the faculty. Drydocks World Dubai has accorded the highest priority to the health and the wellbeing of the employees and current research program…
Record Number of Vessels Serviced at Drydocks World-Dubai
Drydocks World, a provider of maritime and offshore services to the shipping, oil, gas and energy sectors, informs it has serviced a record number of 40 vessels in its Dubai yard. With 40 vessels simultaneously in Drydocks World facilities—more than ever before in Drydocks World’s history—the 9,000+ workforce diligently worked across the yard to provide quality and efficient services to all types of vessels such as tankers, drilling rigs, bulk carriers, dredgers, gas carriers, containers and barges.
Drydocks World Highlights Capabilities at Nor-Shipping
Drydocks World, provider of maritime and offshore services to the shipping, oil, gas and energy sectors, showcased its global services, projects and infrastructure to an international audience at the 50th Nor-Shipping Exhibition in Oslo from June 2-5, 2015. Drydocks World highlighted the UAE’s maritime position, disseminating information on the company’s capabilities and exploring future prospects in the Scandinavian market. Drydocks World noted it regularly participates at Nor-Shipping…
Drydocks World Wins Dubai Chamber CSR Label
Drydocks World group the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors has received the Dubai Chamber Corporate Social Responsibility Label in recognition of their efforts and contribution to excellence in various areas of social responsibility. This award honors Drydocks World’s integrated approach that incorporates economic, environmental, and societal imperatives to create a thriving workplace and community. The organization applies international best practices in the provision of health and safety…
Drydocks World, Maritime World Win ADNOC Awards
Drydocks World and Maritine World, international service provider to the shipping, offshore, oil, gas and energy sectors, have been recognized at the ADNOC HSE awards for bringing safety and environment benefits to the industry in partnership with the National Drilling Company (NDC). The award ceremony was held at the InterContinental Hotel in Abu Dhabi on April 21 with numerous national companies in attendance such as ADGAS, ADNATCO-NGSCO, ZADCO, NDC and GASCO. Drydocks World…
Drydocks World Secures New ISO Certificate
Drydocks World the international service providers to the shipping, offshore, oil, gas and energy sectors won the ISO 3834-2: 2005 certificate for quality requirements on fusion welding of metallic materials. This certificate validates Drydocks World’s capabilities in line with international welding standards and criteria, ensuring proper monitoring, documenting, testing and supervision of the welding process. The terms of service required in relation to welding have been met through compliance with rules, conditions and requirements.
Buamim Addresses Offshore Support Journal Conference
Khamis Juma Buamim, Chairman of Drydocks World Group and Maritime World participated in the "Annual Offshore Support Journal Conference" held from February 17th to 19th 2015, in London. The conference saw good participation from key global and regional speakers in the marine, maritime and shipping sectors. It brought together many of the offshore support industry’s leaders such as major oil companies, shipbuilders, ship-owners, financiers, designers, suppliers and original equipment manufacturers and industry associations.
Drydocks World Chief in Top 50 Maritime Greats' List
Khamis Juma Buamim, Chairman Drydocks World & Maritime world has been recognized by Tanker Shipping & Trade as being among the top 50 most influential people in the tanker industry worldwide & is one of only 4 Chairmen globally to be so recognized. The publications annual survey profiles 50 of the sectors most influential leaders whose range of achievements is broad, covering most, if not all facets of the industry. What is not in doubt is that all those profiled represent outstanding examples of leadership…
Drydocks World, Maritime World Win Excellence Awards
Drydocks World and Maritime World have won the Excellence Award given by the International Maritime Club at the Golden Bells Awards 2015 - Middle East. Drydocks World Group has won the Best Maritime Conference Award in recognition of their successin organizing the “2nd Mare Forum Dubai 2015,” which held its second edition on the 21st of January 2015 under the patronage of HH Sheikh Hamdanbin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Dubai Executive Council.
Dubai: New Drydocks Record
Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors, handled 37 projects simultaneously in the Dubai yard, exceeding the previous record of 35 vessels. “Since January 2015 Drydocks World has increased the rate of vessel completion, with 33 per cent more vessels leaving the yard in March,” the company press release said. Drydocks World’s 37 projects include dredgers, rigs, gas carriers, tankers and container ships, which are being repaired and refitted for clients such as Chevron Shipping…
Drydocks World wins ADIPEC Awards
Drydocks World and Maritime World, the international providers of maritime and offshore services to the shipping, oil, gas, and energy sectors have been awarded the Best Oil & Gas Project Award for outstanding Project Excellence on the SOLAN Project. The gala event was held on the 30th anniversary of Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) at the Emirates Palace, Abu Dhabi on November 10 2014. According to ADIPEC officials, the judging panel received 396 participant entries from over 100 companies across 27 countries.
First LNG Fuelled Tug for Middle East by Wärtsilä
Drydocks World (DDW) based in Dubai, UAE, has contracted Wärtsilä to design and supply the propulsion and other equipment for a new harbour tug that will operate on liquefied natural gas (LNG). This will be the first harbour tug in the Middle East region to operate on gas. The order was signed in November. The 29-meter-long tug is the first of a series of nine such vessels to be built and operated by DDW. The project is part of a green initiative launched by the Dubai government, and is intended to set an example for promoting environmental sustainability throughout the region.
Drydocks World Berths Record 9 Rigs
Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors currently has nine rigs in the Drydocks World-Dubai yard which is a new record for the shipyard. “Drydocks World is proud of our ability to provide solutions to any technical challenges and offer clients the services that fully meet their requirements. Our continued improvements on the advanced state-of-the-art facilities provides on stop solutions to the projects. We ensure the integrity and safety of all personnel and projects, providing operational efficiency while mitigating all risks.
Topaz Announces Leadership Changes
Jay Daga has been named Chief Financial Officer of Topaz Energy and Marine, an international offshore support vessel owner with operations in the Middle East, Caspian and West Africa. Daga will take his position with immediate effect, having been with Topaz for 15 years in a number of finance positions, most recently as Deputy CFO. Topaz noted that Daga led its two latest capital raising initiatives being the company’s $350 million corporate bond issue in 2013 and its recent $75 million equity injection by Standard Chartered Private Equity.