The listing by DP World reinforces Dubai’s status as the global leader for Islamic bond listings, with a total nominal value of 44.56 billion US dollars.
Sultan Ahmed Bin Sulayem, group chairman and CEO of DP World, rang the market-opening Monday to celebrate the listing on Nasdaq Dubai of a 1.2 billion US dollar Sukuk.
The expansion of the Panama Canal will allow US gas exporters to better-compete with the Middle East’s easy access to Asian markets.
UASC giving customers freight rates in real-time through select 3PLs, resulting in faster quoting for shippers and more business wins.
Marine Advisory Council calls for dynamic public-private partnerships to make Dubai’s maritime sector world’s most competitive.
A device to cut fuel use by 10 to 15 per cent and reduce exhaust emissions of internal combustion engines will be targeted at trucks, ships and trains.
Neptune Lines has launched a short sea vehicle transportation service in the Arabian Gulf, linking all six GCC states as well as Iran.
Saudi Electric Company (SEC) and Bahri have signed an agreement aimed at localising the generation, transmission and distribution of electrical power.
Abu Dhabi Ports’ subsidiary Safeen (Abu Dhabi Marine Services) has taken delivery of a Damen Shoalbuster 2609 named Maqtaa to join its existing fleet.
Tokyo Freight Services, a well-known freight forwarding and shipping company took delivery of a large number of Volvo FM 400 4X2 Tractor Heads.
The majority owners of UASC have approved an amendment to the company’s rules, paving the way for a merger with German shipping line Hapag-Lloyd.
Unlike other cleaning solutions, HullWiper uses seawater under high pressure as a cleaning medium, instead of brushes or abrasives, minimising damage to the antifouling surface
ClassNK CMAXS LC-A was selected following a successful trial installation in 2014, which delivered proven fuel and lubricating oil savings of 200 tonnes/year
Xeneta has over 600 major international businesses providing the latest ‘crowd-sourced’ data on their shipping costs, providing over 12 million contracted rates, covering more than 60,000 port-to-port pairings, on all main global trade corridors
The yard is spread over 200 hectares, 4 drydocks with the largest dock capable of handling the world’s largest ship and over 3,700m of berth space
Award made at 7th International Maritime Awards held at Shiptek 2016
Designed for ease of operation and service the turbocharger supports a condition-based maintenance concept