Saturday 31 October 2020

Drydocks World joins Montenegro consortium

Drydocks World, a DP World company, has joined a consortium to transform the Bijela Shipyard in Montenegro into a world-class superyacht service, maintenance, repair and refit facility.   The consortium of superyacht marina development and operating Group Adriat


Ballast Water Monitoring names Elcome as Mideast distributor

Ballast Water Monitoring, a leading manufacturer of real-time performance monitor for ballast water treatment systems in shipping, has appointed Elcome International as its non-exclusive distributor for the Middle East.   Based in Dubai, Elcome International is


OMV, Mubadala close deal for strategic 39pc Borealis stake

OMV, the international integrated oil and gas company based in Vienna, said it has completed the transaction with Abu Dhabi-based Mubadala Investment Company for acquisition of an additional 39 per cent stake in top global chemical company Borealis.   Following


Universal Postal Congress moved to August 2021

The Universal Postal Union (UPU) has agreed to postpone its 27th Universal Postal Congress until August 2021 when it will be held in Abidjan, Côte d’Ivoire.    Speaking about the decision, the Director General of UPU, Bishar A. Hussein, said: &l


Metso wins order for China iron ore pelletising plant

Metso Outotec has signed a contract with Beijing Shougang International Engineering Technology Co Ltd for the delivery of new environmentally sound technology for Zenith’s (Zhong Tian) iron ore pelletising plant to be built in Nantong, China.    The o


Global gold demand drops in Q3

Global gold demand dropped by 19% y-o-y to 892t (tonnes) in Q3, as consumers continued to feel the impact of the Covid-19 pandemic.    This was the lowest quarterly total since Q3 2009. The Year-to-date demand of 2,972.1t was 10% lower versus the same perio


Abu Dhabi group IHC's revenue surges to $599m in Q3

International Holding Company (IHC), a leading Abu Dhabi-based group with interests in key sectors such as real estate, manufacturing and financial services, has registered a net profit of AED958.9 million ($261 million) for the third quarter.    Announcing


Jebel Ali Customs Centre completes 1.8m transactions in 8 months

Jebel Ali Customs Center, part of Dubai Customs’ Sea Customs Management, said it has completed a total of 1.828 million transactions between January and August.   The centre implemented an integrated, agile approach to deal with the new pandemic situation


Siemens in tie-up for digital inspection checklists

Siemens and Log.Go.Motion, a specialist in the digitalization of processes in industry and logistics, have signed a partnership leading to Siemens becoming the   exclusive global third-party distributor for digital inspection checklist software. Moby.Check can be used t


Breakbulk 2021 to put spotlight on digitalisation, AR solutions

Year after year, Breakbulk Middle East has introduced innovative technologies to help the industry cope with the challenges of the market.    In the 2021 addition, through ‘Breakbulk AR’, exhibitors will be given a platform to showcase their inn

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