.
Insurance
Ports
-
Divergent Results for SoCal Ports as They Look to Rebuild Volumes
Southern California’s two primary ports reported divergent results for June while remaining optimistic that with a resilient economy and tentative longshore labor agreement, they will begin to build back their volumes. The Port of Los Angeles highlighted that it continued on an upward trend for four consecutive months while the neighboring Port of Long Beach said trade was cooling and its volumes stalled.
-
PCT welcomes OOCL PIRAEUS, one of the largest container vessels in the world
PCT (Piraeus Container Terminal), in a landmark moment in its history, welcomes one of the largest container vessels worldwide (mega container vessels), on its maiden voyage. OOCL PIRAEUS – owned by Orient Overseas Container Line Europe, a subsidiary of COSCO S HIPPING Group – received its name in recognition of the important role played by Piraeus container terminal as a hub for international freight transport.
-
Alexandria Container posts 152.1% YoY profit growth in 9 months: Egypt
Alexandria Container and Cargo Handling Company (ALCN) has reported a 152.1% year-on-year (YoY) increase in net profit after tax during the period from July 1st 2022 until March 31st 2023, according to the financial indicators filed to the Egyptian Exchange (EGX) on May 28th
Finance
Education
Women in Maritime
Techonology
Dredging
-
State-of-the-art dredger brought to expedite...
A state-of-the-art dredger has been brought to speed up the government's dredging projects.
-
National Marine Dredging Group launches the ‘Let’...
National Marine Dredging Group (NMDC Group) and the Abu Dhabi Chamber of Commerce and Industry (ADCCI) today launched the ‘Let’s Grow Together’ supplier engagement event geared towards bolstering business opportunities for Abu Dhabi-based suppliers, as part of their efforts to unveil untapped opportunities that benefit the industrial business ecosystem and drive local economic growth.
-
China To Build “Super Dredger” Vessel To Enhance...
China plans on building a supersized sand dredging vessel to boost its island-building capabilities, the South China Morning Post informed earlier in the week.
-
Flood-prone Davao Norte gets dredger
The Davao del Norte government has purchased a Watermaster, a mobile amphibious multipurpose dredger intended primarily for the Libuganon River in Tagum City.
-
More than 120 kms of waterways in Assam to be...
Union Minister of Ports, Shipping and Waterways (MoPSW) and Ayush, Sarbananda Sonowal confirmed the historic agreement signed between Inland Waterways Authority of India (IWAI), an autonomous body under MoPSW, and Dredging Corporation of India to dredge more than 120 kms of waterways in Assam.
LIFESTYLE
-
Gulf Craft’s Majesty 111 Triumphs with "Best...
Gulf Craft, one of the world's leading boat and yacht manufacturers, is proud to announce another prestigious accolade. This time, it is for their latest addition to the Majesty Yachts line-up, the Majesty 111, which was awarded “Best Interior Design” at the World Yachts Trophies 2023, concurring with the Cannes Yachting Festival.
-
YSA Design re-imagines heritage cruising for ‘...
Re-imagined interior spaces from YSA Design on a luxury Hurtigruten ship are turning heads all along the Norwegian coast, after a substantial upgrade that meets expectations for future sustainability while paying homage to the owner’s 130-year heritage of stylish cruising.
-
MSC World Europa calls at Port Sultan Qaboos
On March 30, 2023, Port Sultan Qaboos in Muttrah received the cruise ship MSC World Europa of MSC Cruises with 6,544 passengers on board as part of its scheduled trips to several cities.
-
Dubai International Boat Show highlights local...
Dubai International Boat Show 2023, recently concluded after attracting over 30,000 visitors and industry players from across the globe to the Dubai Harbour for five days of demonstrations, displays, seminars, launches, and workshops.
OFFSHORE
-
Operators 'wait and see’ as floater...
The floating rig market has long since crossed an inflection point incentivising the reactivation of cold-stacked tonnage, yet operators remain disciplined in their approach, according to new research by Maritime Strategies International.
-
South Korean Shipbuilder to Build Floating...
South Korea’s HD Hyundai Heavy Industries Co., Ltd. said Monday in a stock exchange announcement that it had received a contract to build a floating production unit for a client in Mexico.
-
JNPA shifts location of new Port at Vadhavan to...
State-owned Jawaharlal Nehru Port Authority (JNPA) plans to build a mega port at Vadhavan near Dahanu in Maharashtra's Palghar district at an offshore location instead of the earlier onshore site, in a change that requires large-scale reclamation for which material will be sourced from sand borrow pits off the coast of Daman some 50 kms away.
-
Qatar takes stakes in two Exxon oil and gas...
QatarEnergy said it signed a deal for stakes in two of ExxonMobil’s offshore explorations in Canada as the Qatari state-owned firm builds up its global energy portfolio.