40 results
A list of search results
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Business & Finance, Vessels
Azerbaijan Caspian Shipping CJSC has just announced that repair work on Jan De Nul’s cutter suction dredger Vesalius is currently underway at the Zikh Shipyard in Baku. The repair operations on the underwater part of the ship have already been completed, the company stated in its announcement. At the moment, work is being conducted on cleaning […]
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The Asian Development Bank (ADB) and Sumitomo Mitsui Banking Corporation (SMBC) have signed an agreement to provide the co-advisory services to the East Container Terminal (ECT) of Colombo Port in Sri Lanka. SMBC will join ADB’s ongoing advisory services for ECT as co-adviser in relation to preparing, structuring and procuring the $500 million project, which […]
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A £200,000 project to dredge Sharpness Dock and keep it open for business has revealed some unusual finds, as the port welcomes its largest ship in decades. The project has seen an estimated 10,000 tonnes of silt removed from the dock using a process called ‘cutter suction’ dredging. It’s also uncovered some unexpected items believed […]
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Business & Finance, Equipment, Technology
APM Terminals has just released a video about the future development program of the largest port in Georgia – Poti Port. APM Terminals Poti recently completed a comprehensive study for the port master plan to drive and accommodate future cargo flows through Georgia and neighboring Armenia and Azerbaijan. With the completion of the Inland Container Terminal last […]
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Business & Finance, Equipment, Technology
Speaking at the 4th Annual Black Sea Ports and Shipping Conference 2015 on May 29th, APM Terminals Poti Deputy Managing Director Joseph Crowley discussed the advantages of Poti Seaport as the prominent gateway for Black Sea, Mediterranean and Central Asian trade. “While recent World Bank economic growth forecasts for the broader Caucasus region have been […]
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Business & Finance, Equipment, Technology
APM Terminals Poti has completed a comprehensive engineering study to prepare the port master plan for the future needs of Georgia and the hinterland countries, Armenia and Azerbaijan. The study was triggered by the rapid increase of container throughput which will exceed port capacity by 2017. In 2013, total container throughput in Georgia was 405,000 […]
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Dredge Yard develops new design for Water Ball Joint. These ball joints have been produced by using new innovative design developed by Dredge Yard’s team of engineers which makes it much more economical and suitable for transporting water. Water ball joint 700 mm is suitable for 10 bar working pressure and has been tested up […]
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A.P. Moller-Maersk Executive Board Member Kim Fejfer will meet with Turkish Prime Minister Recep Tayyip Erdoğan this afternoon, in connection with a state visit to the Danish capital by the Turkish Prime Minister and as the next step in the company’s partnership on Turkish infrastructure. The formal agreement for the development of the Aegean Gateway […]
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APM Terminals and Turkey-based Petkim have today entered into a final agreement to create and operate Aegean Gateway Terminal (AGT). AGT will be one of Turkey’s largest container and general cargo terminals and will be entirely operated by APM Terminals under a concession agreement with operations expected to start in summer 2015. The agreement means […]
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Van Oord’s turnover in 2011 was EUR 1,715 million (2010 EUR 1,578 million) and was evenly attributable to activities performed by Van Oord’s divisions and areas. The net profit for 2011 amounted to EUR 118 million (2010: EUR 165 million, including an extraordinary tax gain of EUR 40 million). CEO Pieter van Oord: ‘Given the […]
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Business & Finance, Equipment, Technology
Norske Shell AS is extending its use of AGR’s deep-water excavation technology and expertise on the Ormen Lange field. Originally, a £9m (NOK84m) deal announced in February between the Aberdeen-based Excavation & Trenching arm of AGR Drilling Services and Norske Shell was to last until June 2, 2011. Now Norske Shell has called upon AGR […]
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As a result of dredging activities the berth №2 of Kulevi Oil Terminal of the State Oil Company of Azerbaijan (SOCAR) has started to accept… (trend) [mappress] Source: trend, May 27, 2011;
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In line with APM Terminals investment strategy in high growth markets, the company has announced the acquisition of an 80% share in Poti Sea Port, which is located on Georgia’s Black Sea coast. The shares have been bought from Ras Al Khaimah Investment Authority (RAKIA) of the United Arab Emirates. Strategically‐located, Poti Sea Port is the largest port […]
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In April, dredging work on the Georgian Black Sea terminal of Kulevi, which is owned by the State Oil Company of Azerbaijan Republic (SOCAR), will be continued in April, the terminal reported… [mappress] Source:trend,April 1,2010;
