Marine link
 

Middle East

WSS Middle East Wins World Cargo Alliance Award

Ben Jones, maritime logistics operations manager - Saudi Arabia; Russell Dinwoodie, GM Kuwait; Unni Krishnan, seafreight manager Bahrain; Avanish Bhat, sales manager Qatar, Flemming Andersen, area logistics manager – MEA; Alex Lewis, GM KSA; Gresham Vadivelu, ML sales manager Dubai; Rohit Diwan, logistics manager India; Raja Ilyas, liner manager Pakistan; Frank Olsen, GM Iraq & Jordan and Ricardo D’Roza, airfreight manager Dubai (Photo: WSS)

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.  


SPE Awards DNV GL For Its Contribution To Asset Integrity

Moss_Daemi, DNV GLs Divisional Director for Middle East, North Africa and India

  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’


Geodis Wilson Appoints Middle East Managing Director

Sascha Geiken

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.


Barloworld Logistics Ramping Up Middle East Ops

Frank Courtney, Barloworld Logistics Chief Executive for EMEA region.

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


Firmer MidEast, WAfrica Sentiment Supports VLCC Rates

File Image (CREDIT: AdobeStock / (c) Carabay)

Middle East rates helped by fewer old vessels; about 96 MidEast cargoes fixed, 25 to come.   Freight rates for very large crude carriers (VLCCs) could rise next week on firm sentiment in the Middle East and West Africa markets but higher oil prices and fewer floating storage opportunities could cap increases, brokers said on Friday.   "Middle East rates to the east have crept up one or two points (on the Worldscale measure)," said Ashok Sharma


Yacht Industry to Reach $51bln by 2020

Image: Sanlorenzo SPA

 In 2014, the global yacht charter market was valued at USD 35 billion and is projected to reach USD 51 billion by 2020, growing at a CAGR of 6.5% during the forecast period, according to Market Report.   Region wise, Eastern Europe is expected to see the largest growth of 7.2% annually with other regions growing at an average rate of 6.5%. The emerging markets including the Middle East and China are expected to continue growing consistently.  


Rolls-Royce Sets Up MTU Middle East Subsidiary

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


AlMansoori Joint Venture with Key Energy

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


CEVA launches City of Energy in Middle East

City_of_energy

  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.


Asia Tankers-VLCC Rates to Climb on More MidEast, West Africa Liftings

File Image (Credit: EuroNav)

VLCC rates from MidEast have reached a floor at W33; surging Suezmax rates could make VLCCs more attractive. Freight rates for very large crude carriers (VLCCs) are set to climb next week as charterers ramp up tanker fixing activity from the Middle East while increased oil volumes from West Africa provided further support, ship brokers said. "Basra and Saudi Arabia cargoes are already starting to come out. Wednesday should see United Arab Emirates cargoes start


ROG Ship Repair Completes FPSO Moonpool Project

The Aoka Mizu (Photo: ROG Ship Repair)

Holland’s ROG Ship Repair said it has come to the aid of a Floating Production & Storage Offshore (FPSO) vessel ran into problematic weather conditions while being towed from Europe to the Middle East.   Having recently been assigned a new contract, the 89,184 dwt, 248


CMA CGM, Infosys Sign Strategic Partnership

Photo: CMA CGM

 The CMA CGM Group, a world leader in container shipping, has signed a strategic partnership with Infosys, a world leader in consulting, next-generation technology and services.    The goal of this seven-year partnership is to simplify and transform CMA CGM's IT applications and


More Cargo, Slower Steaming Support VLCC Rates

File Image (CREDIT: AdobeStock / (c) Carabay)

VLCC rates from MidEast to Asia gain around $3,000; higher chartering volumes for peak winter season could lift rates.   Freight rates for very large crude carriers (VLCCs) on Asian routes may have found a floor this week as a combination of increased chartering activity and some tankers


Bahri’s New Ro-Ro Ship Calls New Orleans

Bahri’s new state-of-the-art 26,000 DWT RoCon vessel, designed to simultaneously accommodate Project, Roll-on/Roll-off, Break-bulk and Container Cargo, arrived at the Port of New Orleans late August marking the first time a roll-on/roll-off cargo ship called Port NOLA since 2005. (Credit: Bahri)

The Port of New Orleans welcomed the return of roll-on, roll-off service with the inaugural call of the Bahri Yanbu, a new state-of-the-art multipurpose vessel, in mid-August at the Nashville Avenue Terminal Complex operated by Ports America.  


Qatar Touts New Port in Face of Sanctions

Qatar inaugurated a new $7.4 billion port along its Gulf coast on Tuesday that officials said would become a regional transport hub and help shield its economy against sanctions enforced by neighbouring Arab states.   The Hamad port, 40km south of Doha


LGL Brings US-flag RO/RO into Service

Liberty Global Logistics LLC (LGL) said its newest U.S.-flag Roll-On/Roll-Off (RO/RO) vessel, the M/V Liberty Peace, has commenced service. The flag of the vessel was transferred from Norwegian flag by the captain of the M/V NOCC Baltic to Jeffrey M. Raider, the U.S. Captain of the vessel.


Harvey Produces Rare Jet Fuel Exports to U.S.

File Image: a product tanker loads at berth (Transnet)

Traders are shipping jet fuel from Europe to the United States, where Tropical Storm Harvey has sparked concern over possible shortages of the aviation fuel.   French oil major Total has booked the Maersk Misumi and Butterfly to load 37


VLCC, Product Tanker Rates Headed in Opposite Directions

File Image (CREDIT: AdobeStock / (c) Carabay)

No impact on VLCC rates yet from Hurricane Harvey, even as rates for smaller product tankers double.   Freight rates for very large crude carriers (VLCCs) on Asian routes continue to sink on a glut of available tonnage as owners wait for supply disruptions caused by Hurricane Harvey to help


Damen Begins New Tug Build for Saqr Ports

(Photo: Damen)

 A keel-laying ceremony was held on August 28 at Damen Shipyards Sharjah for a new ASD Tug 2913 for Saqr Ports, part of Rash Al Khaimah (RAK) Ports.   Damen will deliver the vessel to RAK Ports next year, in time for the opening of a new bulk terminal at Saqr Port


Harvey Interrupts Asia LPG Exports from Gulf Coast

File Image (CREDIT: AdobeStock / (c) Martin)

Harvey delays at least 300,000 T of U.S. LPG shipments.   Shipments of liquefied petroleum gas (LPG) from the United States have been held up by the havoc wrought by tropical storm Harvey since last Friday, but Asian buyers are betting the situation will improve before supplies are


Nishishiba, NICO Sign Service Agent Deal

Left to right: John Thomas, Chief Operating Officer – NICO International – The Chalmers Group, with Masayoshi Aoki, Chief Operating Officer for the Marine business (Photo: NICO)

Japanese power generation, industrial and marine electrical systems specialist Nishishiba Electric Co. Ltd., part of the Toshiba Corp., has entered in to a service agent agreement with UAE based marine and industrial engineering company NICO International.   


Faster Propeller Repairs in the Middle East

Mobile workshop with repaired propeller (Photo: Stone Marine Shipcare)

Aiming to provide faster repair service in the Middle East to ship operators whose vessels have sustained propeller damage, Stone Marine Shipcare has signed a Service Agency Agreement with Dubai Drydock World which sees one of the companies’ mobile workshops permanently based there. 


Asia VLCC Rates Fall to Four-year Low

© Jose Gill / Adobe Stock

Freight rates for very large crude carriers (VLCCs) on Asian routes show little sign of reviving although Hurricane Harvey, which threatens to ravage the U.S. Gulf coast oil refining industry over the weekend, could provide a fillip, brokers said.  


Clean Tanker Rates Soar on Strong Fuel Consumption

File Image (CREDIT: AdobeStock / (c) Leeylutung)

Mideast demand especially strong due to refinery outages.   Rates for tankers carrying refined fuels like gasoline and diesel have soared this month as trade activity picked up and caused a supply crunch in ships, several shipbrokers and traders said.  


Hutchison Ports, Basra Port in Management Deal

Photo: Hutchison Port Holdings Limited

 Hong Kong-based port operator Hutchison Ports has agreed to partner with NAWAH Port Management (NPM) to manage existing and future operations at the Port of Basra in southern Iraq.   Hutchison Ports will assume oversight of day-to-day commercial and operational activities at NPM






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright