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GMS lands up to four-year charter for large-class vessel

GMS lands up to four-year charter for large-class vessel

Dubai: London-listed Gulf Marine Services (GMS) has secured a two-year charter for one of its large-class self-propelled self-elevating support vessels (SESV), with two 12-month options attached. The SESV will commence operation at the beginning of the second quarter 2015.

Work starts on new Ashdod port; Haifa workers strike

Work starts on new Ashdod port; Haifa workers strikeDubai: A Chinese construction firm has commenced construction of a new privately owned port at Ashdod, Israel. Workers at the nearby Haifa port have gone on strike in protest to the competition and threat to jobs posed by the new ...

International firms rally to Egypt’s grain hub plans

International firms rally to Egypt’s grain hub plansCairo: An unspecified Russian firm has offered to form a consortium with Egypt to invest in the nation’s planned global logistics centre project, Minister of Supply Khaled Hanafy said yesterday. Earlier this month the government...

ADPC aids local maritime training

ADPC aids local maritime training Abu Dhabi: Abu Dhabi Ports Company (ADPC) is developing its established training centre course offerings for maritime professionals and has joined with the Higher Colleges of Technology to develop and deliver new maritime training fo...

GAC EnvironHull to start green hull cleaning in Oman

GAC EnvironHull to start green hull cleaning in OmanSohar: GAC EnvironHull has been approved by Oman’s Ministry of Environment and Climate Affairs to provide underwater hull cleaning operations at the port of Sohar, Oman. The hull cleaning solution provides green cleaning service...

Dubai receives first LNG cargo from Q-Max vessel

Dubai receives first LNG cargo from Q-Max vesselDubai: The Dubai Supply Authority (DUSUP) LNG Terminal at Jebel Ali Port received its first cargo to be unloaded from a Q-Max LNG carrier yesterday. The vessel Lijmiliya (263,000 m3, built 2009) was partially loaded with 150,000 m...

Protest ends at Brega port

Protest ends at Brega portMuscat: A protest has ended in Libya's eastern oil port of Brega where local protesters had been demanding jobs at state-run company Sirte Oil. The protesters had taken over the company's headquarters for several weeks. Idris Abdu...

GDI puts the third rig into service for Qatar Petroleum

GDI puts the third rig into service for Qatar PetroleumDoha: Qatar’s Gulf Drilling International (GDI) has announced that its new jack-up drilling rig Dukhan has been accepted by its client, Qatar Petroleum, and left NKOM Shipyard at Ras Laffan. Dukhan is the ninth offshore jack-up ...

DP World invited to Bangladesh

DP World invited to Bangladesh Dubai: The prime minister of Bangladesh, Sheikh Hasina, yesterday invited Dubai port operator, DP World, to conduct a feasibility study on constructing a deepsea port at Paira in Patuakhali. During a meeting with Sultan Ahmed bin ...

Opinions sought on Singapore as a shipping centre

Opinions sought on Singapore as a shipping centreSingapore: With a new magazine due out shortly looking at Singapore as a maritime hub today our sister site SeaShip News launches an online poll looking at challenges facing Singapore’s maritime aspirations. Singapore has climbed t...

Qatargas makes first shipment to a private Chinese firm

Qatargas makes first shipment to a private Chinese firm Doha: Qatargas has sold its first liquefied natural gas (LNG) cargo to Jovo LNG Storage and Transportation Company, an independent LNG importer from China. The 64,000 cu m was sold on a free-on-board basis and loaded on to the vesse...

Growing size of boxships suggests more Suez dredging necessary: DNV GL

Cairo: A report out by classification society DNV GL suggests the Suez Canal will need further dredging and widening if containerships get much larger. The canal is currently undergoing expansion to add a second channel, but details about whether the...

Zim Beijing avoids Oakland

Los Angeles: Reports from Oakland suggest that Israeli continerline, ZIM, has decided to avoid Oakland and another likely protest. Pro-Palestinian protesters had planned a demonstration at a planned call by the Zim Beijing this weekend.

Drydocks World scores rig repair contract

Dubai: Drydocks World has been chosen to carry out the drydocking and repairs of the jack-up High Island IV for Shelf Drilling, one of the major players in the shallow water drilling market, and owners of 40 rigs worldwide.

More onsite contractors for Arab Shipbuilding & Repair Yard

Abu Dhabi: Bahrain’s Arab Shipbuilding and Repair Yard (ASRY) has announced combined investment of over $3.7m in the yard’s onsite specialist contractors (OSCs) concept. ABB, SOLAS and Seven Seas are some of the new companies who have signed u...

Weak oil price will not affect Oman infrastructure projects

Muscat: The weak price of oil will not affect Oman’s planned infrastructure development projects, according to the country’s government, but could affect those in the future. Budgets for existing construction projects will not be affected. The...

BG and BP in talks to revive Egyptian LNG export plant

Cairo: UK-based energy company BG Group is in talks with BP to link their two gas developments off Egypt's coast in order to restart BG's Idku LNG export plant near Alexandria, Egypt. Reports say BG is in advanced discussions with Israel and Cypru...

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In Focus

Laying tracks in the sand

Edwin Lammers from Sohar Port and Freezone on dramatic rail construction in the region

Laying tracks in the sand

The Middle East is currently embarking on its most ambitious rail network ever. Some US$250 billion has been allocated for the construction of 67,000 kilometres of railway lines that threaten to create a new economic powerhouse to rival some of the world’s most robust economic blocs. These plans include an eagerly anticipated network of predominantly freight lines known collectively as the Gulf Railway that will connect Bahrain, Kuwait, Qatar, UAE, Saudi Arabia, and Oman over the next three years, according to Abdullah Al Shibli, Assistant Secretary-General for Economic Affairs at the General Secretariat of the GCC. The 2,117km line will provide vital transport links between the regions logistically starved inland cities and its burgeoning port infrastructures, as well as opening up new trade and investment flows that promise to drive growth beyond 2020 – creating a wave of employment opportunities along the way.

Already home to a multi-billion dollar trade surplus and one of the world’s largest nominal GDP, in Saudi Arabia, GCC nations have seen a resurgence in their economic outlooks following the financial crisis in 2008, and the addition of new rail transportation looks set to consolidate this progress. With economies outgrowing inland infrastructures on almost all fronts, and the desire to increase cargo volumes in order to compensate for rising commercial warehousing costs in places like Dubai, the new rail network will be central to any growth ambitions in the Gulf. As in days past, the importance of rail has been highlighted  ...   More>>