Saturday 25 November 2017
 
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GAC announces key IT appointments

Dubai-based GAC Group, global provider of integrated shipping, logistics and marine services, has announced two key IT management appointments to maximise the effectiveness of digital tools to serve and grow its global business. C

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FNS gears up to be a top maritime services firm

Fujairah National Shipping (FNS) has launched an ambitious bid to become one of the top three maritime services companies in the region by the end of 2018, by offering new and improved services. Based at the Port of Fujairah and t

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Seatrade summit to highlight fall in ship finance

A capital shortfall of billions of dollars in the shipping sector, this year alone, as European banks scale back ship financing operations will be discussed at the upcoming Seatrade Offshore Marine & Workboats Middle East (SOMWME) in Abu Dha

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DP World H1 revenues grow 9.6pc to $2.29bn

Dubai-based DP World, a global shipping terminal operator, today announced a revenue of $2.295 billion for the first half of 2017, a growth of 9.6 per cent on reported and 3 per cent on like-for-like basis compared to H1 2016. &nb

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Indian shipping body issues new rules for LNG vessels

Indian Register of Shipping (IRClass), an independent ship classification society providing ship classification and certification, has released a new set of rules for LNG (liquefied natural gas) fuelled coastal and inland vessels in addition to

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Travel could be 'the solution to reviving brick and mortar retail'

Travellers could be the saving grace for high street, or brick and mortar retail, with the launch of a new peer-to-peer shipping platform - AirWayBill. High street has experienced its toughest decade to date. With multiple outlets

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P&O Ports wins 30-year concession for Somalia port

Dubai-based P&O Ports, a leading shipping and ports services provider, has won a 30-year concession for the management and development of a multi-purpose port project at Bosasso in the Puntland State of Somalia.  The appr

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P&O Ports wins $336m deal to develop Somalia port

Dubai-based P&O Ports, a leading shipping and ports services provider, has won a 30-year concession for the management and development of a multi-purpose port project at Bosasso in the Puntland State of Somalia.  The appr

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Mideast’s container shipping trade up 5pc

The container shipping trade, despite the global dips, saw the strongest – but still contracting –growth in the Indian subcontinent and Middle East regions at 5.1 per cent, according to a recent report. However, the gl

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DP World net income tops $1 billion

Dubai-based global marine terminal operator DP World has announced strong financial results from its global portfolio for the 12 months ending 31 December 2016, which saw the company achieve net income of over $1 billion for the first time.

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