Business & Finance
UAE: DP World Honours Exceptional Employees for Excellence at Work
For the second consecutive year, premier regional port operator DP World, UAE Region has honoured a number of employees for their exceptional contributions to business excellence during 2010 under its unique “Taqdeer” initiative. During a ceremony attended by the company‟s senior executives and staf
UAE: DP World Announces 2010 Results
DP World has delivered a positive and encouraging financial performance from its global portfolio of marine terminals, which reflect a stronger second half of the year as volume and revenue growth continued to improve on the first half of the year. This, coupled with continuing of cost management an
The Netherlands: Offshore Energy Forming Commitee of Recommendation
After the announcement of moving Offshore Energy Exhibition & Conference to Amsterdam RAI, Navingo started to form a Committee of Recommendation for this exhibition & conference focused on offshore energy. For the past three years Offshore Energy took place in Den Helder. Due to the enormous growth
Qatar: Medco Announces OHSAS 18001 and ISO 140001 and 9001 Certification
Reaffirming Middle East Dredging Company (Medco) commitment to world-class quality and excellence, Medco proudly announces being awarded OHSAS 18001 and ISO 140001 and 9001 certifications approved by the acclaimed Lloyds Register Quality Assurance Ltd, UK. Medco in addition to its core business of d
VOSTA LMG Has Received Repeat Order from JMI for Second ‘CSD 600 S’ for Delivery to Iraq
VOSTA LMG B.V. has received from Jordan Modern Industries Co. Ltd. (JMI) a repeat order for the delivery of a Dismountable Cutter Suction Dredge, of type ‘CSD 600 S’ to the Iraqi market. The turn key project will be executed by VOSTA LMG in co-operation with its co-maker Vantage in Malaysia. The new
DEME’s 6 Cutter Suction Dredgers Working Together in Abu Dhabi on the Ruwais Site for ADNOC
Reclamation of 1.000 HA of land for the construction of the world’s biggest refinery. There have never been so many people and cutter kilowatts together on 1 DEME site: 1.050 persons CSD D’Artagnan CSD Al Mahaar CSD Carolina CSD Kaveri CSD Kallo CSD Kalis II Total: 70.500kW Production: 1.500.000 m3/
ADPC Ready to Award AED4 billion Khalifa Port Contracts (UAE)
Abu Dhabi Ports Company which is developing and commissioning several ports along the Abu Dhabi coastline to support a growing economy is… [mappress] Source: worldnews, June 22, 2010;
UAE: Abu Dhabi Launches Online Coastal Resources Atlas
The Environment Agency – Abu Dhabi (EAD) has today launched its Coastal Resources Atlas and Vulnerability Index (‘Coastal Atlas’), a… [mappress] Source: ameinfo, June 16, 2010;
Dubai, UAE: National Marine Dredging Company asks for ministerial approval to increase capital to Dh216.8m
DUBAI The National Marine Dredging Company (NMDC) said yesterday it had asked for ministerial approval to increase its capital to Dh216.8 million (US$59m)… [mappress] Source: Business, March 16, 2010
UAE: DP World save despite Dubai World’s labouring under massive debts
Dubai World is expected to hold onto its global port terminals business despite the group labouring under massive debts. [mappress] Source: TradeWinds, February 18, 2010;
Damen (NL) and Qatar Gas Transport Company joint to operate Ras Laffan shipbuilding facility
Qatar Gas Transport Company Ltd. (NAKILAT) has signed a joint venture agreement with Damen Shipyards Qatar Holding B.V., a wholly owned subsidiary of Damen Shipyards Group, to jointly operate a shipbuilding facility in the Port of Ras Laffan, Qatar. [mappress] Source: MarineLink, February 7, 2010
National Marine Dredging Co. (UAE): turning sludge into gold
National Marine Dredging Company (NMDC) may be in the business of sucking up mud, but for investors the sludge might as well be gold… [mappress] Source: The Nation, January 27, 2010
National Marine Dredging Co. (UAE) 2009 profits up by 55%
DUBAI – Abu Dhabi-based National Marine Dredging Co., or NMDC, said Wednesday it made a net profit of 413.2 million U.A.E. dirhams ($112.6 million) in 2009, a 55.6% increase on the previous year… [mappress] Source: Maktoob, January 26, 2010
Lebanon artificial island development unfazed by Nakheel troubles
A Beirut developer planning an $8-billion artificial island off Lebanon says it is not worried by the debt debacle of Nakheel, the real estate developer behind Dubai’s similar man-made Palm Islands that revealed last week it needs more time to pay it debt… Source: Maktoob, December 3, 2009