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
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.
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
Bulgaria's prime minister said on Thursday he would not join a proposed NATO fleet meant to counter Russian forces in the Black Sea as he did not want a war there, a day after Moscow warned against any build-up. Boiko Borisov said he did not want to see frigates sailing past the tourist
Mercury Marine’s family of SeaPro FourStroke outboard engines is suited for high-hour applications and harsh environments, according to the manufacturer, who said the engines are gaining popularity within the commercial marketplace.
Around 47 MidEast charters fixed for July loading so far; older tonnage and new vessels a drag on freight rates. Freight rates for very large crude carriers (VLCCs) are set to nudge higher next week after moving above nine-month lows on increased charters this week, ship brokers said on Friday
Earlier this week spot returns in the VLCC market touched their lowest level since October 2014, with TCE earnings for Middle East/Japan (TD3) falling close to $20,000/day, says Gibson Weekly Tanker Market Report. The current weakness has been essentially driven by the build-up of
The shareholders of Middle East container shipping group United Arab Shipping Company (UASC) back the company's merger talks with German rival Hapag-Lloyd although there has not yet been a vote to approve a deal, UASC said on Thursday. UASC, which is owned by Gulf governments
30-40 Mid-East VLCC cargoes still to be contracted for June; Posidonia shipping event next week in Greece may dampen activity. Freight rates for very large crude carriers (VLCCs) could rise next week as charterers complete their June loading programme
Hapag-Lloyd launches “THE Alliance” with old and new partners – Customers benefit from additional sailings and direct connections. The container shipping industry is undergoing a period of reorganization – and Hapag-Lloyd is assuming a leading role in the
The Middle East container shipping group United Arab Shipping Co. (UASC ) met with shareholders at the company's corporate office in Dubai to discuss a possible combination with German rival Hapag-Lloyd, but no decision was finalized.
Amec Foster Wheeler has been awarded a contract by Indian Oil LNG Private Ltd. Co. (IOLPL) for the Liquefied Natural Gas (LNG) Terminal in Ennore, Tamil Nadu, on the east coast of India. This award follows the successful completion of a front end engineering and design
Elcome International, supplier of turnkey solutions for marine electronics, electrical and safety systems for the world maritime industry, has invested in a expansion of its maritime service network with the opening of new facilities in Egypt, Sri Lanka and Singapore.
The new restructured SMILE Service synergizes Shipping Corporation of India’s (SCI) Services with Shreyas’s Services and seamlessly links up Persian Gulf with East Coast of India and West Coast of India, thereby, further strengthening and expanding SCI’s presence in the Coastal
International law firm Wikborg Rein has further strengthened its leading presence in the shipping and offshore and onshore construction sectors with the appointment of three key senior hires to its London offices. Nick Shepherd has joined as a partner from Ince & Co
THE Incheon Port Authority said a regular container service connecting the port directly to the Middle East has been launched for the first time, backed by the Islamic Republic of Iran Shipping Lines (IRISL). According to MANA,The Iranian state-run IRISL will deploy its 5
Rapido Gee, a 42m steel monohull utility vessel, has been delivered and is currently in transit to the Middle East. The vessel will be operated by Rashied Marine Services in the service of offshore platforms. Designed by Incat Crowther and built by Strategic Marine
Twenty weeks since walking through the gates of HMAS Creswell to start initial training, 104 naval officers graduated today. Friends and family were on hand to share in the achievements of the 82 men and 22 women. Honouring a long-standing commitment to the New Entry Officers