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WSS Middle East Wins World Cargo Alliance Award

Ben Jones, maritime logistics operations manager - Saudi Arabia; Russell Dinwoodie, GM Kuwait; Unni Krishnan, seafreight manager Bahrain; Avanish Bhat, sales manager Qatar, Flemming Andersen, area logistics manager – MEA; Alex Lewis, GM KSA; Gresham Vadivelu, ML sales manager Dubai; Rohit Diwan, logistics manager India; Raja Ilyas, liner manager Pakistan; Frank Olsen, GM Iraq & Jordan and Ricardo D’Roza, airfreight manager Dubai (Photo: WSS)

Wilhelmsen Ships Service (WSS) has won the prestigious title of ‘Best Partner 2011 - Middle East,’ which was presented by the World Cargo Alliance (WCA) at their annual conference in Bangkok earlier this month. “We are honored to have taken this title, and I would like to extend my sincere congratulations to the maritime logistics team in the Middle East for their splendid work throughout 2011,” said Flemming Andersen, Area Logistics Manager Middle East at WSS. “Next, our ambition is not only to win the Best Partner – Middle East award, but to go for the Global Partner trophy as well.” WSS currently works with more than 2,800 independent freight forwarders in more than 600 cities and ports worldwide, enabling it to act as a truly global freight forwarder, and compete confidently with much larger multi-national logistics companies. More than 900 WCA members attended the WCA partner conference from March 4-11. WSS representatives from the Middle East, India, Norway and Pakistan participated in the event. “This is a great place to meet our peers for networking, build new business relationships and strengthening existing ties through more than 20,000 one-to-one meetings and practical workshops,” said Flemming.  


SPE Awards DNV GL For Its Contribution To Asset Integrity

Moss_Daemi, DNV GLs Divisional Director for Middle East, North Africa and India

  DNV GL has been recognised by the Society of Petroleum Engineers (SPE) as the organisation that has contributed most to asset integrity in the Middle East at the 2014 SPE Asset Integrity Workshop entitled “Changing the Culture, Raising the Bar” held on 13-14 May in Abu Dhabi. "It is a great honor and a privilege to have been given this SPE award for the best ‘Company Contribution to Asset Integrity in the Middle East’


Geodis Wilson Appoints Middle East Managing Director

Sascha Geiken

Global freight management company, Geodis Wilson, said it plans to continue growing its Middle East network and has announced the appointment of Sascha Geiken as new Cluster Managing Director for the Middle East region. Sascha Geiken joined Geodis Wilson in 2009 as Managing Director of Geodis Wilson United Arab Emirates. In his new position as Cluster Managing Director, he will be responsible UAE, Qatar, Saudi Arabia and Bahrain.


Barloworld Logistics Ramping Up Middle East Ops

Frank Courtney, Barloworld Logistics Chief Executive for EMEA region.

Middle East contract logistics market to sustain 6.9 percent average growth to reach over USD 3.7 billion in 2015; Barloworld Logistics intensifies growth plans in Middle East, anchored on integrated smart supply chain solutions. Barloworld Logistics, a provider of logistics and supply chain management solutions, has announced that it is intensifying its growth plans in the Middle East as the region’s contract logistics services market expects to sustain a 6


Rolls-Royce Sets Up MTU Middle East Subsidiary

Rolls-Royce has set up MTU Middle East as a new regional sales and service subsidiary with head office in Dubai to support distributors and business partners of MTU, MTU Onsite Energy and Bergen Engines in 21 countries in the Middle East and North Africa.   In this region, high-speed and medium-speed large diesel and gas engines, drive systems and on-site power generation systems are mainly deployed in electrical power generation, the oil and gas industry


AlMansoori Joint Venture with Key Energy

AlMansoori Petroleum Services, a subsidiary of AlMansoori Specialized Engineering, regional provider of oilfield services in the Middle East, has signed a joint venture agreement with American-based onshore energy production services company Key Energy Services. The joint venture will bring several new services to AlMansoori’s capabilities in coil tubing, workover rigs, pumping/cementing, fracturing and acidizing


CEVA launches City of Energy in Middle East

City_of_energy

  CEVA Logistics, one of the world’s leading global supply chain management companies, today announced the official opening of the City of Energy in the United Arab Emirates. The hub, which covers an area of 27,000 sqm of warehouse space and 10,000 sqm of yard space, is strategically located in Jebel Ali Free Zone in Dubai and is fully dedicated to the warehousing and handling of oil and gas products for the Energy sector.


Asia Tankers-VLCC Rates to Climb on More MidEast, West Africa Liftings

File Image (Credit: EuroNav)

VLCC rates from MidEast have reached a floor at W33; surging Suezmax rates could make VLCCs more attractive. Freight rates for very large crude carriers (VLCCs) are set to climb next week as charterers ramp up tanker fixing activity from the Middle East while increased oil volumes from West Africa provided further support, ship brokers said. "Basra and Saudi Arabia cargoes are already starting to come out. Wednesday should see United Arab Emirates cargoes start


Tanker Rates Strengthened Slightly In Middle East, Asia

Freight rates for Korea-bound VLCCs out of the Middle East joined those for Japan in hitting W50 by Sept. 3, brokers said. At least one fixture of W50 was reported for Korea, up from around W47.5 earlier in the week as the Middle East VLCC market strengthened. Some 70 vessels of around 21 million tons were potentially available in the area in the next month, but a shortage of modern tonnage for September liftings suggested rates could strengthen further


New Methanol Projects to Change Chemical Shipping Patterns

Methanol seaborne trades in 1H15 and future new routes (in million tonnes). Source: Drewrys Chemical Forecaster

New US and Middle East methanol production capacity being added over the next two years will have serious implications for chemical shipping trade flow patterns, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.   Methanol is one of the top five seaborne chemical commodities accounting for 35 percent of the world seaborne chemical and vegoil trade in 2014


COSCO Ports Arm Inks Terminal Deal in Abu Dhabi

Photo: Abu Dhabi Ports

Abu Dhabi Ports has signed a container terminal concession agreement with COSCO SHIPPING Ports Limited - Abu Dhabi (CSPL SPV), a wholly-owned subsidiary of container terminal operator COSCO SHIPPING Ports Limited, a subsidiary of China COSCO SHIPPING Corporation Limited.  


VLCC Rates Under Pressure in Oversupplied Market

A EuroNav VLCC Underway (file image, Credit EuroNav)

Owners face difficulty raising rates due to discounted ships. Freight rates for very large crude carriers (VLCCs) are likely to remain under pressure next week as charterers drip-feed cargo in the face of surplus tonnage, shipbrokers said.


MacGregor Bags 7 Middle East OSV Contracts

The Shark Jaw Photo MacGregor

MacGregor, part of Cargotec, has won comprehensive equipment package contracts for a variety of seven specialist support vessels that will operate in the Middle East region. MacGregor will deliver deck cranes and a range of deck machinery to each vessel


Vigor Delivers Two Pilot boats to M.E.

Image courtesy Vigor

Vigor expanded its growing portfolio of international sales with the delivery of two, 19m all-weather pilot boats to The Port of Duqm Company (PDC), SAOC, Sultanate of Oman. The Port has been undergoing a major multiphase expansion and the new pilot boats will play a key role in ensuring the


Salalah Port's Volume Surges

Salalah container berth

Container throughput at the Port of Salalah, part of the APM Terminals Global Terminal Network, reached 1.584 million TEU* in the first half of 2016, representing a 29% increase over volume handled during the same period the year prior. The completion of a new deep-water General Cargo and


MN100: VescoPlastics

Photo: VescoPlastics

The Company: Founded in 1958, self-lubricated polymer bearings and bushings manufacturer VescoPlastics produces a proprietary range of bushings, bearings and wear plates that operate in dusty, dirty or wet conditions and last longer than other products on the market


Privinvest Forms Shipbuilding JV in Angola

Privinvest forms joint venture for shipbuilding and the maritime economy in Angola where, together with Simportex, it will develop and operate a shipyard   Middle East based shipbuilding group Privinvest announced the start of a major shipbuilding and maritime economy program with the


Asia Tankers-VLCC Rates Steady, Owners Resist Further Cuts

File Image (Credit: EuroNav)

Daily VLCC earnings fall to around $10,000; vessel deliveries, shorter voyages weigh on rates. Freight rates for very large crude carriers (VLCCs), which fell to multi-year lows on Thursday, are likely to hold steady around current levels as ship owners resist charterers' attempt to push


Elcome Supplies Electronics for Abu Dhabi New Builds

Image: Elcome International

Elcome International is supplying electrical switchboards, safety, monitoring and control systems for three vessels under construction at Abu Dhabi Ship Building (ADSB). Elcome’s scope of work included supply, installation and commissioning of main switchboards and electrical systems


Grand Bahama Shipyard Expands Sales Team

Photo: Grand Bahama Shipyard Limited

Grand Bahama Shipyard Limited (GBSL) has added three regional sales directors to its Marketing and Sales Division, with posts in the Americas, Europe and Asia/Middle East.   According to the shipyard, their prime objectives will be to increase yard exposure


Cathelco MGPS for Latest Lamprell-built Jack-up

Lamprell Rig Under Construction (Photo: Cathelco)

Cathelco will provide a marine growth prevention system (MGPS) for the latest in a series of jack-up drilling rigs to be built by Lamprell, the UAE based  leading provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas and renewable energy


Pressure Mounting on VLGCs Rates - Drewry

Source Drewry’s LPG Forecaster report (www.drewry.co.ukpublications)

A wave of cargo cancellations from the US is putting additional pressure on VLGC rates, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.   Two major factors have lowered VLGC rates in recent times: excessive fleet growth and weak


Investors to Acquire $1.5 bln Shipping Portfolio from NORD/LB

NORDLB Hanover

NORD/LB Norddeutsche Landesbank and KKR Credit have reached an agreement by which, subject to completion of certain conditions precedents, KKR Credit, together with a sovereign wealth fund (the “Investors”), will acquire a portfolio of performing and non-performing shipping loans


Damen Bags Jack-up Pontoon Contract

Contract signing Clive Frost and Pascal Slingerland Photo Damen

Damen Shipyards Sharjah (DSS) in the United Arab Emirates has won a contract to build a shallow draught, self-propelled Jack-up Pontoon 3526 for the UAE-based contractor Aqua Diving Services Ltd. Once delivered, it will be used primarily to deliver offshore support services


Tanker Outlook Dented by Middle East Refineries

Refinery throughput growth by region (000 bpd) (Source: Drewry’s Tanker Forecaster report)

A steep rise in refinery capacity in the Middle East, the world’s crude oil production hub, will diminish oil trade growth and with it prospects for tanker shipping, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry. 






 
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