Thursday 21 August 2014
 
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Dubai port renovations under way

Renovation work on Dubai’s fishing ports and harbours to preserve the traditional profession are afoot, revealed a meeting held at the Roads and Transport Authority (RTA) office in Dubai recently. The move follows the directives o

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Shipping firms in Bahrain ‘hit by port fees'

Shipping companies in Bahrain have claimed they were being forced to downsize because of increasing port fees. They said they were struggling to stay afloat because of the sector's continuous financial downturn combined with high ta

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Iraqi Kurdish oil nears Texas port for likely offloading

A tanker carrying crude oil from Iraqi Kurdistan has neared the Port of Galveston in Texas, according to Reuters ship tracking data and the US Coast Guard, despite Washington's concerns about independent oil sales from the autonomous region.

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Iraqi Kurdish oil nears US port despite concerns

A tanker carrying crude oil from Iraqi Kurdistan is just two days away from arriving at a US port, according to ship tracking satellites, despite Washington's long-standing concern over independent oil sales

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US firm wins key $35m reclamation deal in Bahrain

Great Lakes Dredge & Dock Corporation, a US-based dredging services provider listed on Nasdaq, has been awarded a Works Ministry contract valued at approximately $35 million.  

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Jubail port records 20pc increase in cargo

Jubail Commercial Port has recorded a 20 per cent increase in the total weight of cargo transported via its port during the first half of 2014 with more than 5 million tonnes compared to 4.2 million tonnes during the same period last year, sai

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Djibouti in legal row with DP World over port concession

Djibouti said it had started legal action against DP World, seeking to rescind the Dubai-owned port operator's concession in Africa's largest container terminal in a row over how the contract was awarded. "The resulti

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Saudi's Emaar EC port unit agrees $1.4bn capital hike

Emaar Economic City said on Sunday shareholders of its Port Development Company subsidiary agreed to an increase in capital to 5.21 billion riyals ($1.39 billion) to help finance the expansion of the kingdom's first privately-owned port.

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Gulftainer wins 35-year deal from Florida port

Gulftainer, a subsidiary of Crescent Enterprises and UAE-based port terminal operator, has won a 35-year concession from Port Canaveral in Florida to operate and develop its container and cargo terminal.   The mo

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Sohar port gears up to handle key operations

Sohar port has achieved a milestone with the arrival of the first 10,000 twenty-foot equivalent units (TEU) ship at the newly expanded Oman International Container Terminal (OICT).   “This is the first time

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