#shipping

Maersk

Oil shipments on Maersk vessels could re-route via Cape: Reports

The Middle East crisis is already raising shipping and insurance costs through the critical Red Sea area

Ad Ports Group acquires 10 offshore vessels for $200m HQ-e1680508778804

Abu Dhabi: AD Ports Group purchases 10 offshore vessels to bolster regional operations

AD Ports’ acquisition signifies an increase of around 20 per cent in offshore and subsea capacity for the group, boosting Middle East and Southeast Asia operations

Maersk jobs cut

Maersk to cut at least 10,000 jobs as shipping boom unravels

The company kept its full-year guidance for revenue and operating profit but now expects both to land at the lower end of the range

AD Ports Group Cruise Season 23-2024 image supplied

Abu Dhabi welcomes first cruise liner, as 2023-24 cruise season begins

The upcoming cruise season promises significant growth with Abu Dhabi Cruise Terminal slated for 126 calls, starting from November 1.

ISCD Index 2023 Dubai ranks among top maritime hubs globally Image Dubai Media Office

Dubai retains spot among top five global maritime centres: ISCD Index

Dubai is the only Arab city on the Index that features 20 of the world’s most prominent international maritime centres

Al Seer Marine invests into Adnoc L and S

Al Seer Marine makes Dhs257m cornerstone investment into ADNOC L&S

Al Seer Marine recently announced a strong revenue profit of Dhs1.11bn for 2022

shipping service

AD Ports Group introduces new shipping service to Kuwait

The service aims to improve commercial connectivity and facilitates trade with Kuwait

Drydocks World now an affiliate of Dubai Ports Authority media centre

New law establishes Drydocks World as Dubai Ports Authority affiliate

The law outlines the authority’s responsibilities, including planning and policy development for overseeing the emirate’s seaports and terminals

AD Ports Group

AD Ports Group signs MoU with Türkiye’s Tosyalı

The agreement will enable collaboration across shipping, logistics, freight forwarding and port management

AD Ports Group inks deals with Kazakh National Oil Company subsidiary

AD Ports Group inks deals with Kazakh National Oil Company subsidiary

The new joint venture will provide offshore services as well as crude transportation for energy companies operating in the Caspian Sea and the Black Sea

Fujairah attracts investment in maritime sector

Fujairah attracts investment in maritime sector

The emirate has a strategic location on the country’s east coast and is a key shipping hub

Ad Ports Transmar Pakistan

UAE’s AD Ports Group, Transmar launch new Pakistan service

The new container shipping service links Karachi with the region’s major ports within UAE, Saudia Arabia, Egypt, Jordan, Sudan and Djibouti

Al Seer Marine & K Ship Building

Al Seer Marine orders four tankers worth Dhs643m, forges ahead with global expansion plans

The tankers will be LNG ready and are being designed to be ready to adapt to new fuels such as ammonia and methanol

DP World to invest$500m towards reducing co2 emissions

DP World to invest $500m over five years to reduce carbon emissions

DP World’s plans include replacing its global fleet of assets from diesel to electric, investing in renewable power and exploring alternative fuels

AD Ports Group acquires 80% stake in Global Feeder Shipping

AD Ports Group acquires 80% stake in Global Feeder Shipping

The transaction is expected to close in Q1 2023 subject to regulatory approvals,

Fugro Abu Dhabi Ports sign agreement

Fugro, AD Ports Group to create platform to implement remote and autonomous technology

The entities will jointly develop procedures for the use and implementation of unscrewed surface vessels, establishing a remote and autonomous testing site for these vessels

oil imports

Abu Dhabi’s Al Seer Marine acquires third VLCC valued at Dhs396m

The strategic acquisition of VLCC Acrux has increased Al Seer Marine’s fleet value to more than Dhs1.2bn

Safeen group Amaan Baghdad Co sign agreement

Safeen Group, Amaan Baghdad Company sign fuel oil transport and storage agreement

Safeen Feeders, a subsidiary of Safeen Group, will manage the entire project, providing three very large crude carriers and one medium-range tanker

Safeen Feeders

AD Port Group’s Safeen Feeders to launch new service for Southeast Asia

The company launches first services to Southeast Asia, adding vital new trade routes for the UAE

Al Seer Marine_h12022

Al Seer Marine announces Q2 profit of Dhs882.97m, a 115% rise over last year

Al Seer Marine’s growth jumped significantly by a record 74 per cent, compared to Q2 of last year, with revenue at AED 474.82 million

K Line Shipping ties up with EGA to decarbonise bulk cargo shipping

Emirates Global Aluminium, Kawasaki Kisen Kaisha partner to decarbonise bulk cargo shipping

The partnership will involve the development and implementation of new marine decarbonisation technologies suitable for EGA’s bulk cargo shipping routes

Dubai ranked among top five global maritime hubs

Dubai ranked among top five global maritime hubs

The ranking is based on the latest findings of the Xinhua-Baltic International Shipping Centre Development (ISCD) Index

AD Ports Group ranked in the top five of global efficiency index

AD Ports Group ranked in the top five of global efficiency index

The report cites the use of digital technology and green fuel alternatives as two of the major ways that countries are modernising their ports

Supply chain woes: Crisis peak is a mirage

The fragile global trading system faces months of additional pain and remains at risk of collapsing again from even one unforeseen shock

DP World

Dubai’s DP World reports volume growth of 11.9% in Q3 2021

DP World Limited handled 58.4 million TEU across its global portfolio of container terminals in the first nine months of 2021

DP World

Dubai-based DP World acquires feeder operators for greater reach into Indian subcontinent

Transworld Feeders and Avana Global are independent feeder and Non-Vessel Operating Common Carriers (NVOCC) operators

CSP Abu Dhabi Terminal

CSP launches new direct service from Abu Dhabi to Europe and Indian subcontinent

The new route will be served by a fleet of eight vessels ranging in capacity from 10,000-13,000 TEU

Dubai launches marine agency to regulate, promote dhow sector

The agency will be the only entity responsible for dealing with dhows during their presence in Dubai waters