First Saudi Arabian Ferries Delivered
The Kingdom of Saudi Arabia welcomed the delivery of its two Austal-built 289 ft high speed vehicle-passenger catamarans, “Riyadh” and “Cairo” during a handover ceremony in Jeddah attended by King Abdullah bin Abdulaziz Al Saud and the Egyptian President Mohammed Hosni Mubarak. Ordered by the Saudi Arabian Ministry of Finance in 2007, the vessels are a gift to the Egyptian Government, and will assist in improving the standard of ferry services across the Red Sea. Operating on a 100 nautical mile route between Dibba in Saudi Arabia and Safaga in Egypt…
Egypt: Wheat to Take Less Time to Offload
Egypt's supply minister said on Wednesday a plan was being studied to cut the offloading period for wheat cargoes in ports from the current 12 days to five or six days in an effort to save on fees paid in foreign currency. The plan includes efforts to decrease the time it takes for paperwork to be processed and upgrade offloading equipment, Khaled Hanafi said in a statement. A slump in tourism and investment since a popular uprising ended the rule of Hosni Mubarak in 2011 has limited supplies of hard currency in Egypt, the world's largest importer of wheat. Difficulty in repatriating profits from business activity in Egypt is one of the main obstacles cited by investors since 2011. To restore foreign exchange liquidity in the long run, Egypt will need sustained economic growth.
Port Operator Wins Middle East Award
The Minister of Public Works of the United Arab Emirates has recognised DP World, UAE Region, with two prestigious awards for its commitment to security at its port facilities. The premier regional port operator won the “Distinctive Management in Seaports Sector” and “Excellence in Seaports Sector Training” awards at the Higher Committee’s annual awards ceremony in Abu Dhabi. HE Sheikh Hamdan Bin Mubarak presented the awards to Mohammed Al Muallem, Senior Vice President and Managing Director, DP World, UAE Region, and Mahmood Amin, Chief Executive Officer, World Security, the specialist turnkey security solutions provider of Dubai World.
Maritime Industry Council Established in Dubai
Dubai Council for Marine and Maritime Industries, the umbrella industry body representing the marine and relevant industry, had its first introductory member’s meeting. The meeting sought to introduce the members, lay the broad framework for future operations, brainstorming on pressing industry issues and strengthen the foundation for meaningful networking among industry partners. The meeting was attended by 16 members representing a cross-section of the industry who reasserted their commitment to the Council’s priorities such as promoting overall industry excellence…
Bridge Layout Approved for Oman Navy Newbuilds
The bridge layout for two 72-meter high speed support vessels (HSSVs) for the Royal Navy of Oman has been formally approved during a ceremony held at Austal Australia’s shipyard in Henderson, Western Australia, the shipbuilder announced. Rear Admiral Abdullah Khamis Al Raisi, Commander of the Royal Navy of Oman, was guest of honor in celebrating the milestone. He was joined by Commodore Khalifa Hamed Al Qasmi and the onsite Royal Navy of Oman Representatives (RNOR); Captain Abdulhameed Al Sinani…
IFC Plans $2 bln Investment in Egyptian Infrastructure, Power
The World Bank's development arm plans to invest between $1.2 billion and $2 billion in Egypt over the next four years, including around the Suez Canal, its regional director told Reuters. The International Finance Corporation is looking at ports and logistics projects, Mouayed Makhlouf, the IFC's director of Middle East and North Africa, said in an interview. The government is building a second waterway to accelerate trade flows through the canal, already one of Egypt's major sources of foreign currency. Besides infrastructure and energy projects, IFC is working with United Arab Emirates' renewable energy company Masdar and Saudi Arabia-based power and water project developer ACWA Power…
Bomb-making Material Siezed Near Suez Canal
Fifteen tonnes of a material used to make explosives have been seized in a town straddling the Suez Canal, the Egyptian army said on Wednesday, one of the biggest such hauls since the start of a campaign against Islamist militants in the nearby Sinai. Five tonnes of the material were seized in a truck in Al Qantara East on the eastern bank of the canal, leading to a second seizure of 10 tonnes of the same material held in storage at an undisclosed location in Al Qantara West, on the opposite bank. In a short statement, the army said the truck was being driven by two men from the town of El-Arish, which borders the Palestinian Gaza Strip at the eastern edge of the Sinai Peninsula. The army gave no further details.
Drydocks World & Maritime World and Jadaf Honor Staff For Performance Excellence
Drydocks World & Maritime World, the leading global provider of innovative services to the marine and maritime sectors under oil & gas and energy industries, today announced the 2014 winners under its employee award scheme to recognize performance excellence among its staff. The awards being held for the second consecutive year recognizes an employee’s commitment & work ethic in embracing the challenges as the business continues to expand at a global level. HE Khamis Juma Buamim…
SpecTec Continues to Grow in Middle East
SpecTec in The Middle East has announced the signing of a first contract with Mubarak Marine LLC. The contract which was agreed early in July is for the supply of AMOS2 Software. It includes one full office installation for the Mubarak Marine’s headquarter in Dubai and five Vessel installations. The software is expected to be installed onboard five Offshore Tugs vessels, in order to reduce operational complexity related to the Planning Maintenance System, help decrease the costs of the Procurement actions and give the due IT support to Dry Dock operations. Database consultancy is to be provided by the technical staff of SpecTec in the Middle East.
ASRY Delivers Tanker
According to KUNA, Bahrain-based Arab Shipbuilding and Repair Yard Company delivered an oil tanker to Kuwait Oil Tanker Company. The delivery ceremony was attended by Kuwaiti Ambassador to Bahrain Sheikh Azzam Mubarak Al-Sabah, Chairman of the Bahraini company Eid Abdullah Yussef, and Sheikh Ali Hamoud Al-Sabah, a representative of Kuwait Oil Tanker Company. Designed upon a request from the Kuwaiti company, the $5m tankers-6 is 35 meters long and nine meters wide, and has a crew of six sailors. It has lifting and haulage capacities of six tons and ten tons respectively. It is also equipped with updated systems able to separate water from oil in order to preserve sea environment.
NAVCENT Commander Recognizes Journey of Hope Sailors
Commander, U.S. Naval Forces Central Command, U.S. 5th Fleet, Combined Maritime Forces, Vice Adm. John. W. Miller, recognized the accomplishments of three special-needs sailors from the Kuwaiti ship, Journey of Hope, during a port visit in Bahrain, Nov. 25. The sailors were recognized for their spirited voyage to raise awareness of the rights and potential of people with intellectual disabilities. Miller and the Kuwaiti Ambassador to the Kingdom of Bahrain, his excellency, Shaikh Azzman bin Mubarak Al-Sabah…
Crashed EgyptAir Plane Located on the Seafloor
The cockpit voice recorder from EgyptAir flight MS804 has been retrieved by search teams in a breakthrough for investigators seeking to explain what caused the plane to crash into the sea killing all 66 people on board. The Airbus A320 plunged into the Mediterranean early on May 19 on its way from Paris to Cairo. Since then, search teams have worked against the clock to recover the two black box recorders crucial to explaining what went wrong, before they stop emitting signals in about a week.
Mubarak to Build New Shipbuilding Facility in Dubai
Dubai Maritime City LLC (DMC), the world-class mixed-use maritime cluster, announced the signing of long term partnership agreement with Mubarak Marine LLC. The agreement is for the development of an industrial complex project for maritime services, shipbuilding and repair worth AED 130 million. This complex will enable Mubarak Marine to establish their headquarters as well as a major marine workshop and maintenance facility. The agreement is in keeping with the overall promotion…
7th World Travel Award for DP World
consecutive year, at the prestigious World Travel Awards 2014. As the opening of the ultra-modern third cruise terminal was inaugurated by its namesake, His Highness Sheikh Hamdan Bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, over 300 top decision makers in global travel and tourism were gathering at the 21st World Travel Awards celebration hosted in Anguilla. Mina Rashid, now home to the “Hamdan Bin Mohammed Cruise Terminal”, the world’s largest single cruise facility…
Jebel Ali Port Wins Top Industry Award
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 centric approach, innovation, process excellence and commitment of its employees. Bin Sulayem’s comments were made in a special event held in Dubai to celebrate the award and to congratulate DP World’s UAE Region team for the achievement.
DP World CEO Sharaf Retires
DP World today announces that, after 23 years with the Group and 11 successful years as Group CEO, Mohammed Sharaf has retired from DP World Group, effective today, to pursue other opportunities. The Board has commenced a process to identify a permanent successor. Pending that appointment, the Chairman of the Company will carry out the Group CEO’s duties and functions on an interim basis. Mohammed Sharaf, said: “I would like to thank His Highness Sheikh Mohammed Bin Rashid Al Maktoum…
Nationalization on the Move at Drydocks World
The year 2013 has been designated as the Year of Nationalization by HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai. In keeping with the theme that has been laid out by our wise leadership, Drydocks World and Maritime World, an international marine and maritime services provider has put in place a number of initiatives to implement this vision. All of these initiatives which are in place in all business units of DDWMW including at Jadaf, Platinum Yachts abd Dubai Maritime City are geared towards bringing qualified and competent nationals into the organization, identifying competent nationals within the existing workforce and putting in place plans to provide growth opportunities for nationals.
Asry Staff Honored
Forty-eight employees from the Arab Shipbuilding & Repair Yard Company (Asry) were honored for their services of between 10 and 30 years with the company. The ceremony took place at the company's VIP restaurant at the shipyard and was attended by chief executive Mohamed Al Khateeb, along with senior management and Asry Trade Union representatives. Those who received recognition for 30 years of services include estimator and invoicer Mohammed Essa Shaaban, pipework section head Abdulla Hassan Ebrahim, pipe fitter Sayed Abbas S Hashem, floating crane operator Abdulla Ahmed Khalaf, mechanical supervisor Abdulla Mohamed Budhaish, security officer Khalil Ebrahim Al Mobasher, pipework supervisor Abbas Abdulla Al Tabbal and tug captain Abdul Jalil Abdul Karim Abu-Edrees.
Burger Boat Launches its Largest Yacht
Burger Boat shipyard launched the m, Mirgab V on Saturday. The tri-deck yacht, christened at the Manitowoc River, was constructed for Mohammed Alshaya, a Kuwaiti executive whose family business employs about 7,000 people, working in some 1,000 stores in the Middle East, including about 200 Starbucks Coffee outlets. According to company executives, the megayacht is the company's first mega-yacht in Burger's new niche of building boats ranging from 115 to 200 ft. in length. It is the company's first yacht to be fully Maritime and Coastguard Agency- and American Bureau of Shipping-certified as a truly ocean-worthy vessel. Source: Herald Times Reporter
Cochin-Dubai Ferry Service on Hold
According to UNI, efforts of a Dubai shipping company to start a ferry service from here to Cochin, which would offer cheap fares and huge baggage allowance, has been put off due to technical reasons. Marco Shipping Company was expected to start services from February this year, but later it deferred its plans to September and now it had been postponed yet again. Chairman of the company Mohammed Ahmed Al Suwaidi said it had received permission from the Kerala Government for the ferry service, and spent 2 million Dirham to build facilities at the Cochin port. The ferry service, which was to have a capacity of 700 passengers in different classes, including luxury, first and economic class also boasted of a cinema and duty-free shops.
Oil Prices a Nine-Year High As Iraq Suspends Exports
Oil prices rocketed to a new nine-year high on Nov. 22 after Iraq suspended oil exports under its humanitarian exchange program with the United Nations. London January Brent futures opened at $25.90, the highest oil price since January 1991, when allied forces were preparing to eject Iraqi troops from Kuwait. Later in the day Brent stood at $25.67 a barrel, 63 cents up from Friday's close. Prices leapt as Iraq's Oil Minister Amir Mohammed Rasheed confirmed that Iraq had stopped oil deliveries under the latest six-month phase of its oil-for-food exchange with the UN. Baghdad protested the UN's proposal to extend by two weeks the sixth phase of the program and accused the United States of trying to push other Security Council members into accept a draft resolution on weapons inspections.
Yemen Plans To Prosecute Suspects Behind USS Cole Disaster
Yemen has sent prosecutors to begin work on the case of the apparent suicide bombing of a U.S. destroyer in Aden and plans to put the six suspects on trial next month, government officials said on Thursday. They said the six suspects included some civil servants who had allegedly provided other suspects with forged documents. A senior government official said the probe into the October 12 bombing of the USS Cole, which killed 17 U.S. sailors had been referred to the general prosecutor. "The prosecution office in Aden will review the case and complete investigations with the six defendants in preparation for filing charges," the official said. The officials would not say if the six were the only suspects to be charged in the case.
Reward for Ex-Maritime Officials
Liberia`s transitional government has offered a $10,000-reward to anyone providing information that would lead to the arrest of two former officials of the country`s Maritime Bureau, who were recently dismissed for allegedly stealing $3.5 million of State funds. In a statement issued Tuesday in Monrovia, the information ministry in Monrovia said J.D. Slanger headed the Liberian Maritime Bureau and Mohammed Dukuly served as Liberia`s Permanent Representative to the International Maritime Organization (IMO) before their dismissal in connection with gross corruption, according to a report in the Angola Press. Liberia`s interim leader Gyude Bryant dismissed and replaced them few weeks ago, while ordering them produce within 72 hours 700,000 Euros that allegedly pocketed or face prosecution.