Friday 31 October 2014

AkzoNobel details carbon credits methodology benefits

Two ship owners are due to be awarded a combined total of almost $500,000 when the first claims resulting from a new carbon credits methodology developed by AkzoNobel and The Gold Standard Foundation are finalised next year.   The scheme will allow ships to generate income in


UAE third largest exporter of textiles

The UAE is the world’s third largest exporter of textiles after the US and UK, according to a study. The country has a 7.75 per cent share of the global export market, it said. The country exported $1.624 billion worth of textiles, the study conducted by the Directorate Gen


Dubai maritime event highlights best practices, trends

Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of Dubai’s maritime sector, identified best practices and the latest trends aimed at sustainable development in the global maritime sector at the Dubai Maritime


Dubal, MetricStream win risk management award

Dubai Aluminium (Dubal), an operating subsidiary of Emirates Global Aluminium (EGA) and MetricStream, a leading provider of governance, risk, and compliance (GRC) solutions, have been jointly honoured with the GRC 20/20 Research “2014 GRC Value Award” in the category of risk managem


GAC EnvironHull to start hull cleaning operations in Oman

GAC EnvironHull, a global provider of integrated shipping, logistics and marine services, has won a deal to conduct underwater hull cleaning operations using the brush-and-diver-free HullWiper system at the port of Sohar, Oman from the Sultanate’s Ministry of Environment and Climate Affai


ADPC training centre to address maritime crew demand

Abu Dhabi Ports Company (ADPC) is set to address future demand for maritime personnel in the emirate with the setting up of a martime training centre at the Musaffah Port. The training centre courses for maritime professionals is being developed, jointly with the Higher Colleges


Globe Express Jan-Sept revenue up 8pc in UAE

Globe Express Services (GES), a major provider of logistics services, has recorded an eight per cent growth in revenue for its UAE offices between January and September, compared to the same period last year. The company is upbeat that the strong revenue growth is in line with th


Milaha Q3 net profit up 5.5pc to $225m

Qatar Navigation (Milaha), a leader in marine services, has posted a net profit of QR821 million ($225 million) for the first nine months of the year as against QR778 million ($213.5 million) for the same period in 2013, an increase of 5.5 per cent year over year. Operating reven


Gulf shipping aims to benefit from global trade growth

Gulf counties will aim to capitalise on 4.5 per cent forecasted 2014 growth in global trade and the economies of scale presented by bigger ships and alliances, according to maritime experts. The Middle East is investing heavily in its port infrastructure and shipping as it prepar


Dubai to host the 2015 IoTWF

Internet of Things World Forum (IoTWF), has announced Dubai as the host of the 2015 edition of the forum. The announcement was made by John Chambers, CEO and chairman of Cisco, during the closing session of this year’s IoTWF in Chicago, US. At the second Inte

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