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Middle East

APM Terminals on Right Track
News

APM Terminals on Right Track

APM Terminals, the leading global port operator based in The Hague, is currently present in 12 out of the top 20 countries predicted by United Nations to become the biggest countries by population in 2020. “In 2013, APM Terminals invested over USD 1 billion in port infrastructure developments and up

about 12 years ago
Top News – February 24 to March 2, 2014
Business & Finance

Top News – February 24 to March 2, 2014

DEME Delivers Strong 2013 Results In 2013, DEME reached a turnover of EUR 2.53 billion in 2013. Compared to the previous year, this represents an increase of 32% and a record turnover. Australia: Port of Melbourne Maintenance Dredging Kicks Off Port of Melbourne Corporation yesterday commenced mai

about 12 years ago
APM Terminals Achieves Increased Profit in 2013
Business & Finance

APM Terminals Achieves Increased Profit in 2013

APM Terminals has announced its 2013 business results and delivered an increased profit of USD 770m and a return on invested capital of 13.5% (15.2%), reflecting improved underlying performance but also a higher asset base due to the continued high investment level. The expansion into high growth ma

about 12 years ago
DEME Delivers Strong 2013 Results
Business & Finance

DEME Delivers Strong 2013 Results

In 2013, DEME reached a turnover of EUR 2.53 billion in 2013. Compared to the previous year, this represents an increase of 32% and a record turnover. Ebitda increased by 25% to EUR 437.8 million, and net profit amounted to EUR 109.1 million, an increase of 22% compared to 2012. The order book – wel

about 12 years ago
WB Applauds NESPAK’s Yemen Port Project
News

WB Applauds NESPAK’s Yemen Port Project

The World Bank (WB) has praised consultancy services of NESPAK upon successful completion of Al-Khawbah Fishery Port Project in Yemen. The project is located at one of the most remote areas of Al-Hodeidah Governorate in Yemen. The project comprised site preparation and demolition works, construction

about 12 years ago
UAE: DP World Chairman Meets Ecuadorian Trade Minister
News

UAE: DP World Chairman Meets Ecuadorian Trade Minister

His Excellency Sultan Ahmed Bin Sulayem, DP World Chairman, today met with His Excellency Francisco Rivadeneira, Ecuadorian Minister of International Trade, and his accompanying high-level delegation. His Excellency was also welcomed by DP World Group CEO Mohammed Sharaf and other senior DP World of

about 12 years ago
Top News – February 17 to 23, 2014
Business & Finance

Top News – February 17 to 23, 2014

The Netherlands: Boskalis Expands Partnership with Infor Infor, a leading provider of business application software serving more than 70,000 customers, today announced that Boskalis, a leading service provider of all-round dredging and maritime solutions, will implement the Infor 10x version of Info

about 12 years ago
Iraq, JICA Ink Japanese ODA Loan Agreement
Business & Finance

Iraq, JICA Ink Japanese ODA Loan Agreement

The Japan International Cooperation Agency (JICA) concluded a Japanese ODA loan agreement with the Republic of Iraq to provide funding for the Port Sector Rehabilitation Project (Phase II), at the Ministry of Finance, Baghdad. This is the 20th loan agreement under the Japanese ODA loan to Iraq, whic

about 12 years ago
UAE: Abu Dhabi Maritime Assets Under New Lead
Business & Finance

UAE: Abu Dhabi Maritime Assets Under New Lead

Abu Dhabi Ports Company (ADPC) has announced the appointment of Gary Lemke as new Executive Vice President (EVP) Ports. Mr Lemke, who joined the company this week, has more than 20 years of working experience in the ports industry around the world. His position will oversee the emirates flagship, st

about 12 years ago
ADPC Invests Across Al Gharbia Region (UAE)
News

ADPC Invests Across Al Gharbia Region (UAE)

Abu Dhabi Ports Company (ADPC) has invested more than AED 27 millon in the Al Gharbia region of Abu Dhabi over the last year. ADPC has five ports in the region; Marfa, Al Sila, Sir Bani Yas, Mugharrag, and Delma. As part of its remit as master developer of the non-oil and gas maritime assets [&helli

about 12 years ago
Top News – February 10 to 16, 2014
Business & Finance

Top News – February 10 to 16, 2014

Australia: BAM Clough Bags Port Hedland Wharf Contract Fortescue Metals Group (FMG) has awarded the BAM Clough Joint Venture (BAM Clough) a design and construction contract for a fifth iron ore loading berth at its Anderson Point Facility (AP5) in Port Hedland, Western Australia. UK: Environment A

about 12 years ago
UAE: Khalifa Port Welcomes CBP Officials
News

UAE: Khalifa Port Welcomes CBP Officials

Abu Dhabi Ports Company (ADPC) has hosted a visit from senior officials at US Customs and Border Protection (CBP). The visit which took place on Sunday 9 February was led by Mohamed Juma Al Shamisi CEO, ADPC. The VIP visitors included US Commissioner Thomas Winkowski, and other senior members of sta

about 12 years ago
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