Drydocks World – Dubai, the flagship ship repair, conversion and new building yard of Drydocks World, has renewed its long-standing association with BP Shipping with the signing of a new Alliance Agreement. According to the Agreement, signed by Nawal Saigal, Managing Director of Drydocks World – Dubai, and Dave Williamson, VP Fleet Operations of BP Shipping, the two companies will work closely to achieve optimum production levels based on mutually agreed terms, which includes strict implementation of accepted standards in safety, quality and environmental protection. The Agreement was signed during a two-day forum attended by representatives of both companies that explored areas of mutual co-operation. An Alliance Health, Safety and Environment Operating Manual was also signed during the forum. Under the terms of Agreement, a joint team headed by Ravi Senaratne, Commercial Director, Drydocks World – Dubai and Andrew Cassels, Manager, Fleet Integrity Team, BP Shipping, will monitor all repair projects from the outset, even prior to the vessel’s arrival in Dubai, until the work is complete and the ship leaves the yard.
Dubai Maritime City's facility & services were introduced at a specially convened Ship Owner’s meeting at The Capital Club at the Dubai International Financial Centre. The recent meeting was attended by Khamis Juma Buamim, Chairman of Drydocks World and Maritime World, Nikolas Veniamis, President of Hellenic Shipping Association, Greece and also the Owner & Chairman of Golden Union Shipping in Greece, Vinod Shah from ADANI Group, Gujarat India, Robert Murhead
Reduction in rates aimed to benefit small vessel owners. Maritime World has announced the reduction of tariff rates along all aspects of the business at Dubai Maritime City (DMC) and Jadaf from January 2013. This is in light of Drydocks World – Dubai’s 30th Anniversary celebrations in 2013. The reduction by from 2012 rates is aimed at facilitating the growth of the industry at the micro-level and increasing the repair and maintenance options available to small to medium
Water lubricated Thordon Composite cutterhead shaft bearings have performed well for nine years on one of the largest cutter suction dredgers in the world–Dredging, Environmental and Marine Engineering N.V. (DEME)’s D'Artagnan (28,200 kW total installed power). The vessel had a major dry docking at Drydocks World-Dubai in February 2014 where the shaft was removed, and bearings and shaft inspected. Originally built in 2005
While the marine industry is rife with rough working conditions, dredging operations arguably pose the toughest challenge to any class of marine equipment. Water lubricated Thordon Composite cutterhead shaft bearings have reportedly performed well for nine years on one of the largest cutter suction dredgers in the world –Dredging, Environmental and Marine Engineering N.V. (DEME)’s D’Artagnan (28,200 kW total installed power).
ABB Turbocharging is celebrating its 25th anniversary in UAE. Established in 1989 in Dubai, ABB has grown to become a fully-fledged service station capable of carrying out all repair works with 27 employees in three locations. ABB Turbocharging Dubai provides customers with turbocharging solutions for land-based diesel power plants with a strong focus on the marine segment in both seaports and offshore anchorages at Khorfakkan, Fujairah, and major shipyards Dubai drydocks + ASRY
Companies, organisations and individuals that have championed high standards and quality in shipping issues have been honoured in the annual Seatrade Middle East and Indian Subcontinent Awards. The awards, recognising maritime safety and the environment, ship and port operations and efficiency, security and financing, were presented at a gala dinner attended by around 600 senior executives of the region’s maritime and related industries at Al Johara Ballroom, Madinat Jumeirah, Dubai
Drydocks World, a maritime service provider to the international, maritime, oil and gas and energy sectors, announced formal recognition through American Petroleum Institute (API) Specification Q1 certification for the shipyard’s Quality Management System which is suited to the requirements of the offshore oil and gas sectors. This certification complements the company’s strategy to penetrate the offshore oil and gas sector with high quality, customized and added value services
Khamis Juma Buamim, Chairman of Drydocks World Group and Maritime World participated in the "Annual Offshore Support Journal Conference" held from February 17th to 19th 2015, in London. The conference saw good participation from key global and regional speakers in the marine, maritime and shipping sectors. It brought together many of the offshore support industry’s leaders such as major oil companies, shipbuilders, ship-owners, financiers, designers
Dubai is set to remain at the epicenter of golf on The European Tour for the foreseeable future after global port operator DP World announced today that it will continue to be the title sponsor of the DP World Tour Championship, the season ending tournament of The Race to Dubai, for at least another five years. The move reinforces Dubai’s position as a major trading, business and tourism destination. The agreement, which will run until at least the 2020 season
Following news that a cargo ship was yesterday (28 April) intercepted by an Iranian Revolutionary Guard naval patrol in the Strait of Hormuz, GAC is recommending vessel owners to stay in close contact with already established security centers whilst in the area.
DUBAI, May 11 (Reuters) - Dubai's DP World has released initial price guidance for a $500 million bond expected to be sold on Tuesday, a document from lead managers showed. The deal is earmarked to price in the area of 180 basis points over midswaps
Dubai Maritime City Authority (DMCA), the organization tasked with developing, monitoring and promoting maritime activity in the Emirate, announced its program for this year’s Nor-Shipping, held in Oslo and Lillestrøm, Norway.
The Dubai Maritime City Authority (DMCA) is in the final stages of completing the rules for the first maritime arbitration centre in the Middles East: the Emirates Maritime Arbitration Centre (EMAC) says Al Tamimi & Company, Advocates and Legal Consultants.
DP World’s Mina Rashid port has successfully defended its title as the World’s Leading Cruise Port, for the seventh consecutive year, at the prestigious World Travel Awards 2014. As the opening of the ultra-modern third cruise terminal was inaugurated by its namesake
Falling ship operating costs and low bunker prices will translate into higher profitability fueling economic growth, says Dubai-headquartered DP World. As bunker fuel prices drop, so too could shipping costs. Dubai-headquartered DP World says falling oil prices are good news for global
A delegation of Middle East maritime heavyweights including H.E. Khamis Juma Buamim, chairman & group CEO Drydocks World and Maritime World and Rashid Mohammed Al Habsi, the chief executive of Tasneef, will attend the ‘Maritime Transportation of Energy and Mediterranean Ultra Deep
Port and Free Zone World (PFZW), the holding company for Dubai-based ports operator DP World, has closed a $1.2 billion loan deal, banking sources aware of the matter said on Wednesday. The funds have a lifespan of five years, and will be used to help the company meet commitments at the group
Dubai's DP World, one of the world's largest port operators, posted an 11.8 percent rise in 2014 net profit as profit margins grew in all its regions, the company said on Thursday. The firm made a profit attributable to shareholders of $675 million compared with $604 million in the prior year
Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors, have simultaneously berthed 11 rigs in the Dubai yard, breaking its record of nine rigs at the yard set in February this year.
Drydocks World and Maritime World have won the Excellence Award given by the International Maritime Club at the Golden Bells Awards 2015 - Middle East. Drydocks World Group has won the Best Maritime Conference Award in recognition of their successin organizing the “2nd Mare Forum Dubai
The UAE is planning to expand the capacity of a liquefied natural gas (LNG) terminal in Dubai to help meet rising demand for electricity and water, the energy minister Suhail Al Mazrouei said. Additional capacity is being added to a 3 million tonne LNG storage facility in Jebel Ali
Maritime travel specialist CTI Marine has appointed Steve Harrop as Operations Director. Harrop joins the company from Dubai based Destinations of the World Travel, a global distributor of hotel accommodation and other ground related travel products where he was Group Chief
DP World, one of the world's biggest port operators, wants to issue a dollar-denominated bond and could announce plans to market the deal to fixed-income investors as soon as next week, three sources aware of the matter said on Thursday. The Dubai-based firm could raise between $750 million and
Drydocks World group the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors has received the Dubai Chamber Corporate Social Responsibility Label in recognition of their efforts and contribution to excellence in various areas of social