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
Drydocks World, a provider of maritime and offshore services to the shipping, oil, gas and energy sectors, informs it has serviced a record number of 40 vessels in its Dubai yard. With 40 vessels simultaneously in Drydocks World facilities—more than ever before in Drydocks World’s
Platts also studies more ship transfer locations, faster trading. Oil pricing agency Platts is looking at approving more Middle East crude grades to boost liquidity in the daily assessment of Asia's Dubai benchmark, company executives said on Wednesday.
Commodity trader Trafigura said its logistics and warehouse unit Impala Terminals has scrapped plans for a metals warehousing joint venture in China and will also exit its refined base metals business. Trafigura had announced a joint venture last October with Citics Global Trade
DP World may launch operations in Iran, the company's chairman said on Thursday, as the global ports operator reported a jump in half-year earnings after buying assets from its parent company. Customer demand will dictate what it will spend on developing port facilities on the Caspian Sea
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.
DMCC has signed a Memorandum of Understanding (‘MoU’) with the Dubai Maritime City Authority to help promote Dubai to the maritime sector as a global destination for companies wanting to set up and expand into the GCC and MENA region.
Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of Dubai’s maritime sector, has signed a strategic service-level agreement (SLA) with Trakhees, a regulatory arm of the Ports, Customs and Free Zone in Dubai
DP World’s flagship Jebel Ali Port has been recognized for excellence in container terminal operations at the first ever Navis Inspire Awards 2015. HE Sultan Ahmad Bin Sulayem, Chairman of DP World said the industry prize underlined the global marine terminal operator’s customer
Drydocks World the leading provider of maritime and offshore services to the shipping, oil, gas and energy sectors marked a major milestone in successfully completing the world’s largest turret mooring system with His Highness Sheikh Ahmed bin Saeed Al Maktoum, President
Global marine terminal operator DP World’s flagship Jebel Ali Port has demonstrated once again that it delivers the world’s best productivity for ships berthed at its docks. According the latest JOC Port Productivity data, compiled by industry analysts Journal of Commerce
DP World Chairman Sultan Ahmed Bin Sulayem announced the start of construction work on a brand new container terminal at Jebel Ali Port, Dubai. Phase 1 of the Container Terminal 4 (T4) project will deliver new capacity of 3.1 million TEU (twenty-foot equivalent units) by 2018
Shanghai has moved up the rankings of the world’s top shipping centers to sixth place, surpassing Dubai thanks to Free Trade Zone regulations and the Belt and Road Initiative, according to a report and index looking at the importance of the world’s key shipping centers.
DP World and the Port of Melbourne Corporation have reached an agreement on a new 50-year lease, ending months of negotiation over rental increases at Australia’s biggest port. The Port of Melbourne will forego tens of millions of dollars in annual revenue after abandoning a