News
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(CHEC) receives infrastructure contract for Khalifa Port
The deal will see the construction of the first net-zero carbon administration building at the port. China Harbour Engineering has signed a contract with AD Ports Group to undertake the development of buildings and topside infrastructure for CMA Terminals Khalifa Port in the United Arab Emirates (UAE). CMA CGM’s subsidiary…
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ABS Hosts Third Annual Offshore Wind Forum: Scaling the Supply Chain for the Next 29 GWs
(NEW ORLEANS) Starting in 2023, the U.S. needs to install five, 14-megawatt (MW) turbines every week to hit 30 gigawatts (GW) by 2030. That is the message for delegates at ABS’ third annual Offshore Wind Forum. Key stakeholders in the U.S. offshore wind market joined ABS to dissect some of…
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Rabih meets a delegation of the Friends of the Louvre Museum ( Photos )
Admiral Osama Rabie, Chairman of the Suez Canal Authority (SCA ) met today, Tuesday, with a high-level French cultural delegation from the Friends of the Louvre Group, headed by Mrs. Sabine de La Rochefoucauld, Head of External Relations at the Louvre Museum, accompanied by Mr. Sebastien Formaroli, President of the…
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Maersk Tankers creates new credit facility to strengthen pool cash flow
Maersk Tankers has created a new USD 150 million uncommitted credit facility with Citi to strengthen its pools’ working capital and improve cash flow for pool partners in a volatile and high tanker rate environment. “Tanker markets are currently experiencing volatile and high freight levels, at the same time as…
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IMO : PEMSEA Regional Task Force meets to progress biofouling strategy
A Partnership for Environment Management in the Seas of East Asia (PEMSEA) Regional Task Force meeting is taking place (23-25 November) in the Philippines. The goal of the meeting is to advance towards the establishment of a regional strategy to manage biofouling in the East Asian Seas, to minimize the…
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IMO : Combating illicit maritime activity – next steps for Jeddah Amendment
Signatory States to the revised Code of Conduct concerning the repression of piracy, armed robbery against ships and illicit maritime activity in the western Indian Ocean and the Gulf of Aden Area, also known as the Jeddah Amendment to the Djibouti Code of Conduct (DCoC) 2017, have agreed the next…
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Sale of ABS Consulting’s Technical Inspection Service Line to Apave
American Bureau of Shipping (ABS) has announced that ABS subsidiary, ABSG Consulting, Inc. (ABS Consulting), a leading global risk management company, has agreed to the sale of its technical inspection service line to Apave Group, an international inspection group with over 150 years of experience. “This transaction better positions ABS…
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ENMC meeting with DG MARE representatives
The ENMC meeting with representatives of DG MARE took place. Members of the European Network of Maritime Clusters have met with representatives of DG MARE. At the DG MARE headquarters, the meeting was attended by: Lorella de la Cruz, Deputy Head of Unit, MARE A2 (Blue Economy Sectors, Aquaculture and…
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King Fahd Shipyard at King Abdulaziz Port receives the largest ship in its history
The Saudi Ports Authority “Mawani” announced today the reception of the King Fahd Ship Repair Shipyard at King Abdulaziz Port in Dammam; The ship “MSC ALIZEE III”, which is the largest in size since its inception, in order to carry out the necessary repair and technical maintenance works. This comes…
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Jeddah Islamic and Yanbu commercial ports receive the first cruise ships at the start of the third season of “Saudi Cruise”
Yanbu Commercial Port has officially kickstarted the third edition of the Saudi cruise season by berthing MSC Splendida, which arrived from Jeddah Islamic Port, thereby marking the maiden cruise call for the current season that will run from November 2022 until May 2023, according to Mawani’s release. To celebrate the…
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