Saturday 27 December 2014
marine services

RTA beefs up marine transit services

Dubai's Roads and Transport Authority (RTA) has revised the operational timings of its ferry service to accommodate more and more passengers on its daily trips across the emirate. The RTA also beefed up its marine transit serv


Egyptian firm Maridive inks $150m Islamic loan

Egyptian marine services firm Maridive and Oil Services has obtained a $150 million syndicated loan using an ijara (Islamic leasing) structure, the first of its kind in Egypt, said the legal advisor on the deal. The Maridive loan


GAC appoints new group president

GAC Group, a leading global shipping, logistics and marine services provider, has announced the appointment of Bengt Ekstrand as its new Group president. Ekstrand will take over in January, 2013 from Capt Lars Säfverströ


Drydocks plans $300m marine centre in Indonesia

Drydocks World, a part of Dubai World, will open a Dh1.1 billion ($300 million) marine services centre on Batam Island, Indonesia, as part of the company's expansion plans in Southeast Asia, a report said. The project will be a joint v

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