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Middle East

APT Global: Major Role in Project for Van Oord
Business & Finance

APT Global: Major Role in Project for Van Oord

APT Global, a Dubai-based manufacturer and technical service provider in marine, dredging, offshore and oil and gas industries, has played a major role in construction and installation of 5MW land based booster station “Al Jabbar” for Van Oord. After fabrication and machining of the 50t foundation s

about 11 years ago
Rolls-Royce to Power World’s First Seabed Mining Ship
Business & Finance

Rolls-Royce to Power World’s First Seabed Mining Ship

Rolls-Royce has secured a landmark agreement to supply six of its new B33:45 medium-speed diesel generator sets to China’s Fuijan Mawei shipyard for configuration aboard the world’s first ever seabed mining vessel. The pioneering vessel, designed by Singapore’s SeaTech Solutions for Dubai-based owne

about 11 years ago
Van Heck Supplies Pumps for New Port Project
Business & Finance

Van Heck Supplies Pumps for New Port Project

Van Heck Group will supply eight HK700 pumps to Hyundai Engineering & Construction for phase three of the New Port Project in Qatar. The pumps will be used, for a scheduled period of 20 to 30 weeks, to return the process water used in dredging through a series of sedimentation ponds back to the open

about 11 years ago
GEM Bags $65.6M Contract in Qatar
Business & Finance

GEM Bags $65.6M Contract in Qatar

Gulf Earth Moving (GEM), a Qatar-based subsidiary of the Belgian Aertssen Group, has just won a $65.6 million worth land reclamation contract from the New Port Project Steering Committee (NPPSC). According to the deal, GEM will create 3 million m² of extra terrain for the New Qatar Emiri Naval Base

about 11 years ago
News in Photos: Making the New Hamad Port
Business & Finance

News in Photos: Making the New Hamad Port

The Deputy Emir of Qatar, His Highness Sheikh Abdullah bin Hamad Al Thani last month officially started the controlled flooding operations for the new Hamad Port Project. The New Port Project Steering Committee awarded MEDCO (Middle East Dredging Company Q.S.C.) approx. €1 billion contract for the d

about 11 years ago
DP World, Maldivian Government Ink MoU
Business & Finance

DP World, Maldivian Government Ink MoU

In a strengthening of ties between the UAE and the Maldives, global marine terminal operator DP World has signed a Memorandum of Understanding (MoU) with Maldivian government officials in Dubai for the development of the archipelago’s ports and logistics industry. The meeting, which was attended by

about 11 years ago
KDM to Expand Its Presence in Eastern Hemisphere
Business & Finance

KDM to Expand Its Presence in Eastern Hemisphere

KDM Marine International, part of the James Fisher Group, has appointed Faisel Chaudry as Regional Manager for the Eastern Hemisphere. Focusing on the Middle East, India, North Africa and Asia Pacific countries, Faisel is responsible for opening new markets and managing the company’s equipment stati

about 11 years ago
Strong Financial Results for DP World
Business & Finance

Strong Financial Results for DP World

Global marine terminal operator DP World yesterday announced strong financial results from its global portfolio of marine terminals for the twelve months ended 31 December 2014. Like-for-like revenue grew 11.3% and adjusted EBITDA increased 16.0%, delivering profit attributable to owners of the Comp

about 11 years ago
ICTSI Chairman Tours Basra Gateway Terminal
Business & Finance

ICTSI Chairman Tours Basra Gateway Terminal

Enrique K. Razon Jr., International Container Terminal Services Inc.(ICTSI) chairman and president, recently visited Basra Gateway Terminal (BGT), ICTSI’s subsidiary in the Port of Umm Qasr, Iraq. Razon inspected the continuing upgrade works at Berth 20, the existing facility in Umm Qasr’s North Por

about 11 years ago
Exceptional Year for Van Oord
Business & Finance

Exceptional Year for Van Oord

The year 2014 was exceptional in many ways, Van Oord, a Dutch contracting company that specializes in dredging and land reclamation, announced today. From a financial perspective, Van Oord achieved a record turnover of EUR 2.104 billion (2013: EUR 1.641 billion). It is the first time in the company’

about 11 years ago
FaunaGuard: Scientific Method for Deterring Marine Fauna
Business & Finance

FaunaGuard: Scientific Method for Deterring Marine Fauna

Regulators, funding agencies and proponents worldwide are imposing increasingly strict environmental regulations to minimize the potential impact of marine construction activities, and more specifically, the underwater sound generated by such activities. Marine fauna may be adversely affected by mar

about 11 years ago
Highlights of the Week – Readers’ Choice
Business & Finance

Highlights of the Week – Readers’ Choice

Order Placed for World’s Largest Cutter Suction Dredger Jan De Nul Group has placed an order for a large self-propelled cutter suction dredger JDN8069 with the Croatian shipyard Uljanik Brodogradiliste. Boskalis, Van Oord Sign Rio de Janeiro Dredging Contract Edinho Araujo, head of the Special Por

about 11 years ago
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