The first safety concrete has been poured for the basemat of the containment building of the fourth reactor at the United Arab Emirates' Barakah nuclear power plant, marking the official start of the unit's construction.
Egypt and Saudi Arabia agreed to establish their maritime boundaries in the Red Sea, Egypt’s presidency said in a statement recently.
The outstanding technical successes and high level industry recognition illustrate the great efforts throughout ADNATCO & NGSCO to ensure that they stay at the forefront of innovation and excellence. Marasi News magazine exclusively interviewed Dr. Ali Obaid Al-Yabhouni, CEO of ADNATCO & NGSCO, who revealed their futureplans to maintain progress and the expected advancements in the maritime sector.
The UAE maritime sector has always grown from strength to strength. The importance of UAE as a country of great relevance in the maritime industry was underpinned by the huge successes of its maritime cluster and strength of its industry and port operation such as Jebel Ali Port, Khalifa Port, fujairah port and the world class operators such as DP World and ADPC. Maritime trade and broader economic success continue to enjoy a symbiotic relationship.
Moody’s Investors Service says the recovery in the price of Dubai crude will provide some support to upstream oil companies, which have seen their margins contracting significantly over the past year.
Emirates Classification Society “Tasneef” signed an agreement with Logmarin, a consultancy company specialized in shipping logistics and advisory, in order to bring new ideas to the UAE marine industry and strengthen the ties between “Tasneef” and the Italian marine companies.
The energy company Taqa denied reports that it was considering a merger with another Abu Dhabi government entity as its shares traded near an all-time low.
Since its establishment in Dubai in 2003, Al Suwaidi Marine has achieved a remarkable position in the boating industry. The company has long realized the role of the sea as a source of wealth for the Emiratis, its beginnings were focused on building fishing boats at highest international standards and affordable costs. Expanding to new markets, the company established a new line for leisure boats. The company’s designers presented unique designs, meeting the special requirements for this type of boats in the UAE, as well as the highest luxury and comfort standards.
Boat building process starts on the customer side, as he defines his needs and wishes, and makes the decision. Once the decision is made, a seasoned team of Al Yousuf Motors experts meet the customer to provide him with comprehensive consultation and help him develop his choices to best address his needs.
An innovative waterside development, inclusive of a 12km promenade, will feature retail options, floating restaurants, leisure facilities, five palm tree-lined marinas and Dubai’s first ever water homes.
From sales of luxury products to 360° yacht management, Safwa Marine has enjoyed quite the journey. Since purchasing their first yacht, the company has grown to offer crew management, service, after sales and maintenance support. The company has established itself as an expert in managing luxury yachts and delivering exquisite services of the highest standards.
Emirates Maritime Arbitration Centre (Emac), a first-of-its-kind entity in the Middle East and North Africa (Mena) region, has started operations from its new office at Dubai International Financial Centre (DIFC).
Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of Dubai’s maritime sector, describes its first presentation of the new Dubai Maritime Cluster Office at SMM 2016 as a “resounding success”. The DMCO, established in June 2016, aims at supporting efforts to realize the objectives of the Dubai Maritime Sector Strategy (MSS) to make the emirate a leading global maritime hub.
Oman’s Ministry of Transport and Communications “MOTC” has signed an agreement with Emirates Classification Society, TASNEEF, authorizing it to inspect the small ships that are not abiding by the international conventions in GCC countries. The agreement will help ensure that all ships and vessels are compliant with the safety requirements of the GCC “GCC CODE”.