Italian shipbuilder Fincantieri and UAE-based defence technology company the EDGE Group have entered into a term sheet aimed at creating a joint venture that will focus on the manufacture of a broad range of naval vessels. EDGE will hold a 51 per cent stake in the venture, which has a commercial...
Abu Dhabi National Oil Company (ADNOC) has awarded compatriot marine projects firm the NMDC Group a contract for the construction of an artificial island near the Al Nouf oilfield west of Abu Dhabi. The total value of the contract is approximately US$136.7 million, NMDC confirmed in a filing with...
On the first day of Christmas my true love gave to me… a partridge in a pear tree, according to the ancient English carol, but at Baird Maritime, that’s the cue for a dozen topical features about the offshore industry. Lovers of festive traditions get scrolling, as for the fourth year in a row, we […]
The eighth annual The Maritime Standard Tanker Conference will take place on Wednesday 8th November 2023 at The Atlantis, the Palm, Dubai. This year the primary focus of the three conference sessions will be on environmental protection and sustainability, but the event will also highlight some of the key underlying trends affecting the operation of tankers, in the crude oil, product, chemical and gas sectors.
One of the most interesting parts of the Conference will be Session 2 in the afternoon,...
https://www.themaritimestandard.com/tms-tanker-conference-to-assess-operational-challenges/
Etihad Airways and express carrier SF Airlines have conducted the first freighter flights to each other’s respective home bases in Abu Dhabi, United Arab Emirates, and Wuhan, China, under a new arrangement that expands their global cargo networks.
On Saturday, Etihad’s logistics arm inaugurated a second all-cargo destination in China with the arrival of a Boeing 777 cargo jet at Wuhan Tianhe International Airport, kicking off twice weekly flights to the city. A Boeing 747-400 freighter operated...
AD Ports Group Managing Director and CEO, Captain Mohamed Juma Al Shamisi, recently met with the President of the Republic of Congo, Denis Sassou Nguesso, in Congo-Brazzaville to discuss future cooperation on the development of the New Mole Port.
This visit follows the signing of a Head of Terms (HoT) agreement between AD Ports Group and the Ministry of International Cooperation and Promotion of Public-Private Partnership of the Republic of Congo for a new multipurpose terminal in Pointe-Noire....
https://www.themaritimestandard.com/congo-terminal-deal-lined-up-by-ad-ports-group/
Korean shipbuilder K Shipbuilding has secured an order for the construction of two 50,000 dwt MR tankers, says an article published on Offshore-energy.
Slated for deliveryThe contract has been signed with an undisclosed Middle Eastern owner believed to be Al Seer Marine, a unit of Abu Dhabi-based International Holding Company.
According to Clarksons, the two vessels are slated for delivery in the fourth quarter of 2024.
Offshore Energy has reached out to Al...
https://mfame.guru/k-shipbuilding-secured-order-for-two-mr-tankers/
A Chinese science institute has taken delivery of a large mothership for unmanned craft that is itself capable of autonomous sailings while a UAE operator welcomes a newb ..
By Leen Al-Rashdan (Bloomberg) — Abu Dhabi Ports Group has purchased Spanish logistics firm Noatum for $680 million, its second acquisition this month as it looks to expand globally. For the…
https://gcaptain.com/abu-dhabi-ports-acquires-spanish-logistics-firm-to-further-global-expansion/
Last week (here), we looked at the recovery of the drilling market, epitomised by the return to a public listing of Dolphin Drilling in Oslo on September 15. A few days l ..