United Arab Emirates
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Ports and Logistics
DP World takes digital battle to carriers and forwarders with launch of CARGOES Logistics
Founded in 2005 by the merger between Dubai Ports International and the Dubai Ports Authority, DP World’s metamorphosis from terminal…
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Offshore
Gulf Marine Services secures new vessel contracts
Dubai-based liftboat operator Gulf Marine Services (GMS) has won a new contract with an undisclosed EPC player in the MENA…
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Offshore
Mermaid takes 50% in Mubarak Marine CSV
Thailand’s Mermaid Subsea Services, a subsidiary of Mermaid Maritime, has struck a deal with PT David Marine, an affiliate of…
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Dry Cargo
Tomini pounces for another kamsarmax
Tomini Shipping has again added to its fleet of dry bulk carriers with the purchase of a kamsarmax. The Dubai-based…
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Ports and Logistics
DP World joins forces with UK development arm CDC to invest $1.7bn in African ports
Dubai-headquartered terminal operator DP World has partnered with the UK’s development finance institution and impact investor CDC Group to create…
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Containers
Abu Dhabi Ports buys ships for growing feeder subsidiary
A little over a year after Abu Dhabi Ports revealed its strategy to facilitate growing trade demands within the Gulf…
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Offshore
Lamprell seals funds for IMI jackup newbuilds
United Arab Emirates-based fabricator Lamprell has agreed a $45m UAE Export Credit Agency backed revolving trade loan facility with two…
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Dry Cargo
Transworld takes fleet to 26 with d’Amico handy purchase
Transworld Group has bought 36,699 dwt bulk carrier from Italy’s d’Amico Dry for $15.9m and renamed it TBC Praise. The…
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Offshore
Shelf Drilling secures new jackup contract in India
Dubai-headquartered offshore driller Shelf Drilling has been awarded a three-year contract by Oil and Natural Gas Corporation (ONGC) for the…
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Ports and Logistics
DP World to spend $415m developing fourth berth at London Gateway
DP World will begin work next month on a new £300m ($415m) fourth berth at its London Gateway logistics hub.…
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Ports and Logistics
CMA CGM seals Abu Dhabi Ports terminal concession deal
Abu Dhabi Ports and French containerline CMA CGM have signed a 35-year concession deal which will see the establishment of…
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Operations
DP World eyes the Arctic as ‘one of the last great trading routes in the world to be developed’
DP World will carry out a feasibility study with FESCO, Russia’s largest intermodal transport operator, on developing a new container…
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Offshore
ADNOC to list drilling business in Abu Dhabi IPO
Abu Dhabi National Oil Company (ADNOC) is planning to sell 7.5% shares in its drilling unit on the Abu Dhabi…
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Offshore
Noble to sell four jackups to ADES for $292m
Offshore driller Noble Corporation has struck a deal to sell four jackups to UAE-based offshore rig operator ADES International for…
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Offshore
OFCO expands fleet with seven OSVs
Offshore Support and Logistics Services Company (OFCO), jointly owned by Allianz Marine & Logistics Services (AMLS) and SAFEEN, Abu Dhabi…
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Ports and Logistics
Fully automated container storage system makes first successful trial
DP World has completed testing of the Boxbay fully automated container storage system at its Jebel Ali terminal in Dubai,…
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Offshore
P&O Maritime awarded AHTS contract by Dolphin Energy
DP World’s P&O Maritime Logistics has secured a long-term contract with Dolphin Energy in Qatar for the 2008-built anchor handling…
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Offshore
ADNOC unit and Roll Group form heavylift alliance
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC),…
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Offshore
Shelf Drilling offloads jackup rig and scores several drilling deals
Dubai-headquartered offshore driller Shelf Drilling has reported a jackup sale and several new rig contracts and one extension in its…
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Operations
Hijackers leave Asphalt Princess off UAE
The United Kingdom Maritime Trade Operations (UKMTO) reported Wednesday morning that the hijackers who boarded the Panama-flagged tanker off the…
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