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.
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’
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
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
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.
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
A resumption in Middle East oil exports to the U.S. is required to drag VLCC tanker rates off the floor, shipping brokers said. A late start to seasonal westbound oil shipments from the Middle East is making tanker brokers ask when relief will arrive. VLCC tanker rates out of the Middle East have nose-dived again in the last two weeks due to a lack of activity, to around W42 east (around $4 per ton) and west (about $7.00 per ton).
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
Growing Paraxylene (PX) exports from North East Asia to China are contributing to the fast growth of intra-Asia coastal trade, but they are undermining long-haul seaborne trade, according to Drewry's recently published 'Chemical Forecaster' report. Chinas consumption of PX has emerged as a key driver of global Chemical shipping demand. Its annual PX import requirements tripled from 2.9 million tonnes in 2007 to 9.0 million tonnes in 2013, representing 21% annual growth over this period
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.
Jay Daga has been named Chief Financial Officer of Topaz Energy and Marine, an international offshore support vessel owner with operations in the Middle East, Caspian and West Africa. Daga will take his position with immediate effect
Indonesia's Coordinating Maritime Affairs Minister Indroyono Soesilo inaugurated on Saturday the Cheng Ho sea route package aimed at attracting mainly Chinese tourists. The tourism route is named "The Cheng Ho Sea Route: Archipelagic Sailing" after the legendary Chinese
Shipping corridors used by Gulf energy exporters are not at risk from violence and political volatility in Yemen and the seizure of swathes of territory in the region by Islamic State militants, a senior U.S. naval officer said on Monday.
Mediterranean Shipping Company has announced the start of a new dedicated service between Asia and the Middle East called the New Falcon service. Once the service commences, customers can enjoy improved transit times to Jebel Ali, 24 days from Xingang, 20 days from Shanghai
Julian Metherell has informed the board of Directors of Genel Energy plc of his intention to retire from the Company, with effect from the close of the Annual General Meeting on 21st April 2015. Julian Metherell's successor as Chief Financial Officer will be Ben Monaghan
Glander International Bunkering continued a series of hires in its Dubai office today, announcing the hiring of Kristian Korsgaard Pedersen as the office's Senior Bunker/Lubricant Trader and Team Leader. On Monday, the company announced the hiring of Luis Cañizales as an office Bunker and
The FORAN System celebrates half a century in 2015. With 50 years of active service, FORAN is the longest standing CAD/CAM/CAE software on the market and a technological asset for the engineering and technology group SENER, which has placed its trust in this project throughout its history
Joint Egyptian-Saudi navy maneuver Morgan 15 is underway in the Red Sea waters of Saudi Arabia. According to the military spokesperson Mohamed Samir, the exercise was part of joint training of the Armed Forces with friendly countries to enhance prospects of cooperation and exchange of
India-Australia vessels booked despite higher freight costs; Chevron moving 1-2 cargoes a month to Australia. Indian diesel cargoes are being shipped to Australia in a rare move as rising competition from new Middle East refineries has made it more difficult to land the fuel in India's core
Iran has earned $1.35 billion for selling more than 3 million tonnes of fuel oil in the 10 months to Jan. 21, up 30 percent in revenue from the same period of last year, oil ministry news website Shana cited an official as saying. The OPEC member also earned $963 million in gasoil revenue
Glander International Bunkering has hired Carina Baekkegaard as senior bunker and lubricant trader at the company’s Dubai office. Baekkegaard joins Glander International Bunkering with technical and physical supply knowledge from several years of experience in the bunkering
Incidents of piracy and armed robbery at sea increased 26% in 2014, the highest number of incidents since 2011, according to a report released by Control Risks yesterday. Control Risks, a London based global risk and strategic consulting firm
Craig Jessup has been appointed Senior Vice President, Services in Kalmar, part of Cargotec. Craig joins Kalmar from Ingersoll Rand where he headed the Industrial Technologies parts and services business for Europe, Middle East, Africa and India
The Volkswagen Group will begin importing Volkswagens, Audis and Bentleys through Jacksonville on May 5th, after selecting JaxPort as the company's Southeastern U.S. port, Florida Gov. Rick Scott announced at a news conference Wednesday. 100
Shreyas Shipping and Logistics rebounded to a US $3.6 million net profit in the third fiscal quarter from a net loss of about $468,000 in the same period in 2013, driven by a significant growth in the shipping activity that has helped the company become a pan-India feeder line.