Saturday 24 June 2017

Dewa, GE hold 3D printing workshop

Dubai Electricity and Water Authority (Dewa) has organised 3D Printing and Additive Manufacturing Workshop, in cooperation with General Electric (GE). This is part of a Memorandum of Understanding (MoU) that was signed between Dewa and GE last March to collaborate in 3D printing,


Damen to deliver three build tugs for EU operations

Netherlands-based Damen Shipyards Group said it will deliver three new build tugs to Kotug Smit Towage for its European harbour towage operations. This order will bring the total number of Damen-built tugs operating in Kotug Smit’s fleet of 69 to 22, said a statement from t


Gulf Energy Maritime inks $74m Islamic finance deal

Dubai-based Gulf Energy Maritime (GEM), a leading independent commercial product and chemical tanker operator, has signed a Dh275 million ($74.8 million) Islamic finance deal with Dubai Islamic Bank (DIB). A major player in the region, GEM currently has a fleet of 19 trading ship


Kuwait's JTC boosts fleet with Demag all-terrain cranes

Kuwait's Jassim Transport & Stevedoring Company (JTC) said it has placed an order for five new Demag cranes from Terex Corporation, a global manufacturer of lifting and material processing products. The order includes four AC 100-4L and one AC 250-6 all-terrain cranes. JT


Phase Three of MBR Solar Park reaches financial close

The financing for Phase Three of the Mohammed bin Rashid Al Maktoum (MBR) Solar Park in Dubai has been completed, a report said. This marks the latest significant milestone for the Masdar-led consortium, with EDF Group's subsidiary, EDF Energies Nouvelles, which is developing


GE signs 10-year wind farm service deal with Turkey

GE Renewable Energy and Turkey’s Fina Enerji have broadened their cooperation into a comprehensive ten-year full service agreement (FSA), complemented by a two-year trial of GE’s Predix-powered digital wind farm solutions. The new FSA is designed to allocate Operation


Bahrain building new LNG import terminal

Bahrain is constructing a permanent LNG import terminal due for commissioning in 2019, said a report from Arab Petroleum Investments Corporation (Apicorp) in a new report. The 4.1 billion cu m per annum (bcma) facility is a microcosm of the shifting trends in the gas demand suppl

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