Sunday 23 November 2014
 
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shipping

GAC offers key support services to giant sailing yachts

GAC, a leading global shipping, logistics and marine services provider, said it has smoothed the transit of the world’s largest sailing yacht through the Suez Canal, and was at hand when she called at ports in Oman and Sri Lanka.

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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

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Nakilat 9-month net profit rises 25pc

Qatar Gas Transport Company (Nakilat), one of the world's largest shippers of liquefied natural gas, posted a 25 per cent rise in nine-month net profit, a Doha-based newspaper reported on Sunday. Nakilat made a net profit of Q

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UASC, Hamburg Süd sign co-operation deal

United Arab Shipping Company (UASC) and Hamburg Süd, two of the leading container shipping lines, have signed a global co-operation agreement. The deal followed a series of discussions focused on the companies’ respecti

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Saudi shipper Bahri names new CEO

The National Shipping Company of Saudi Arabia (Bahri) has named Ibrahim Abdulrahman al-Omar as its chief executive, effective on October 1, a bourse filing said on Wednesday. Omar has worked in several senior positions at firms in

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Social networking site for shipping industry launched

A new online social networking website has been launched, dedicated to the global shipping industry. Shippingcluster will cater to brokers, owners, crews, agents, educational institutions and others, who have been confine to Googl

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Nakilat Q2 profit rises on higher rates

Qatar Gas Transport Co (Nakilat), one of the world's largest shippers of liquefied natural gas, posted a rise in second-quarter net profit on Wednesday, citing higher charter rates for gas transportation. It made a net profit

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Saudi ports, shipping sector opportunities in focus

The opportunities in Saudi Arabia’s ports and shipping sector will be highlighted by the government heads of transport and of economy and planning at a summit in Damman in November.   Dr Jubarah Bin Eid Al-

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Ship repair capacity in focus at Seatrade summit

International and regional shipping operators, ports, financiers and maritime professionals are set to meet in Dubai at the upcoming Seatrade Middle East Maritime (SMEM) summit and exhibition.   The three-day eve

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$30bn port projects coming up in Saudi

Saudi Arabia is experiencing exponential growth in its ports and shipping sectors with a number of mega infrastructural land and sea projects worth $30 billion within the government’s current five-year plan. There are curren

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