With the delivery of the $56M Gulf Baynunah, GEM has increased its current fleet to 11.
Apart from the two vessels that are joining GEM's fleet this year, there are seven more vessels on order by GEM from HMD which are scheduled for delivery in 2009
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Pirates operating off the coast of Nigeria have taken hostage five Polish sailors, including the captain and officers, from the Polish general cargo ship Szafir.
A formal signing ceremony will now enable vessels to transit to Port Said East through a new side channel to be constructed bypassing the Suez Canal’s main entrance.
Dimension-Polyant, part of the DEUTSCHE YACHTEN working group, has developed a longer-lasting but lighter surface laminate for the discerning owner and skipper,