#shipping
The Middle East crisis is already raising shipping and insurance costs through the critical Red Sea area
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
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
The upcoming cruise season promises significant growth with Abu Dhabi Cruise Terminal slated for 126 calls, starting from November 1.
Dubai is the only Arab city on the Index that features 20 of the world’s most prominent international maritime centres
Al Seer Marine recently announced a strong revenue profit of Dhs1.11bn for 2022
The service aims to improve commercial connectivity and facilitates trade with Kuwait
The law outlines the authority’s responsibilities, including planning and policy development for overseeing the emirate’s seaports and terminals
The agreement will enable collaboration across shipping, logistics, freight forwarding and port management
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
The emirate has a strategic location on the country’s east coast and is a key shipping hub
The new container shipping service links Karachi with the region’s major ports within UAE, Saudia Arabia, Egypt, Jordan, Sudan and Djibouti
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’s plans include replacing its global fleet of assets from diesel to electric, investing in renewable power and exploring alternative fuels
The transaction is expected to close in Q1 2023 subject to regulatory approvals,
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
The strategic acquisition of VLCC Acrux has increased Al Seer Marine’s fleet value to more than Dhs1.2bn
Safeen Feeders, a subsidiary of Safeen Group, will manage the entire project, providing three very large crude carriers and one medium-range tanker
The company launches first services to Southeast Asia, adding vital new trade routes for the UAE
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
The partnership will involve the development and implementation of new marine decarbonisation technologies suitable for EGA’s bulk cargo shipping routes
The ranking is based on the latest findings of the Xinhua-Baltic International Shipping Centre Development (ISCD) 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
The fragile global trading system faces months of additional pain and remains at risk of collapsing again from even one unforeseen shock
DP World Limited handled 58.4 million TEU across its global portfolio of container terminals in the first nine months of 2021
Transworld Feeders and Avana Global are independent feeder and Non-Vessel Operating Common Carriers (NVOCC) operators
The new route will be served by a fleet of eight vessels ranging in capacity from 10,000-13,000 TEU
The agency will be the only entity responsible for dealing with dhows during their presence in Dubai waters