United Arab Emirates
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Europe
Wave of feeder consolidation continues with Dubai’s Admiral snapped up
The sudden wave of feeder consolidation continues in the box sector with news that Dubai-based Admiral Shipping and Admiral Feeders…
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Middle East
DP World’s Unifeeder move is a bid to redress the power imbalance with carriers: Drewry
British shipping consultants Drewry have given their verdict on terminal operator DP World’s surprise move to acquire Danish shipping line…
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Middle East
DP World walks away from Newcastle development
DP World has pulled away from investing in the Australian port of Newcastle with local media suggesting the Middle Eastern…
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Middle East
Chevron takes option on Shelf Drilling jackup
Dubai-based Shelf Drilling have announced that Chevron has taken up a six-month contract extension option on 2008-built jackup rig .…
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Middle East
Shelf Drilling awarded jackup contract in Nigeria by Amni
Dubai-based Shelf Drilling has been awarded a contract by Amni for 1981-built jackup drilling rig . The contract commences in…
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Contributions
The feeder opportunity
Santosh Patil delves behind the rationale for DP World’s surprise acquisition of Unifeeder. The recent takeover of Unifeeder by terminal…
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Europe
Unifeeder & DP World: The curious marriage on the short seas
Profitable growth in the maritime shipping industry is a precious commodity. The old thinking of getting bigger through mergers or…
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Middle East
Tristar acquires Shell’s Dubai chemical terminal
UAE-based chemical shipping & logistics firm Tristar has entered into an agreement to acquire Shell’s chemical terminal in Dubai’s Jebel…
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Middle East
DP World acquires Unifeeder for $764m in new chapter for containerisation
The global container shipping industry today experienced its next phase of consolidation with a leading Middle Eastern terminal operator snapping…
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Middle East
Djibouti rejects court ruling on DP World dispute
The Djibouti government has refused to recognise a London court ruling which ruled in favour of Dubai-based port operator DP…
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Middle East
DP World wins Djibouti terminal arbitration
The London Court of International Arbitration (LCIA) has ruled that DP World’s concession agreement for the Doraleh Container Terminal is…
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Middle East
UAE’s crackdown on substandard shipping targets 25 flags
The United Arab Emirates (UAE) is continuing its crackdown on substandard shipping. The country’s Federal Transport Authority issued a circular…
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Africa
DP World steps up attack on Djiboutian government
Global terminal operator DP World is not giving its rights to a port concession in Djibouti lightly. Yesterday, the Dubai-headquartered…
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Middle East
NPCC awarded EPC contract by ADNOC
Abu Dhabi-based National Petroleum Construction Company (NPCC) has secured an engineering, procurement and construction (EPC) contract from Al Yasat, a…
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Middle East
Gulf Marine Services awarded wind contract in Europe
Abu Dhabi-based offshore vessel operator Gulf Marine Services (GMS) has been awarded a new contract to support a wind farm…
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Middle East
GMS adds to its growing operational fleet
GMS, the world’s largest cash buyer of ships for recycling, has been revealed as company to have bought the kamsarmax.…
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Middle East
Shelf Drilling to list in Oslo on Monday
UAE-based offshore driller Shelf Drilling has completed the bookbuilding process for its initial public offering on the Oslo Stock Exchange.…
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Middle East
Shelf Drilling IPO oversubscribed
UAE-based offshore drilling contractor Shelf Drilling says its upcoming IPO is oversubscribed at the minimum deal size within the indicative…
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Middle East
Shelf Drilling to raise $250m from Oslo IPO
UAE-based offshore drilling contractor Shelf Drilling expects to raise $200-$250m from its IPO on the Oslo Stock Exchange. The company…
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Middle East
Abu Dhabi Ports introduces blockchain technology
Maqta Gateway, a subsidiary of Abu Dhabi Ports, has developed a blockchain technology called Silsal to provide a seamless and…
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