All Middle East articles – Page 93
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New ship deal for NSCSA
June 29 - The National Shipping Co. of Saudi Arabia has signed a 'murabaha' financing agreement with the Saudi British Bank (SABB) and the National Commercial Bank for SR822.6 million (USD219.3 million) that will finance 80 percent of the cost to construc
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Dockwise to convert contract backlog to firm orders
June 28 - A backlog of multi-million dollar contracts worth more than USD40 million for the moving of offshore equipment and heavyweight barge movements will be completed by Q3 2011, says Dutch leading marine contractor Dockwise.
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Cargotec to deliver MacGregor equipment to South Korean
June 27 - Cargotec has signed a contract with Hyundai Mipo Dockyard, South Korea to deliver MacGregor ro-ro equipment for four con-ro ships to be built for a Saudi Arabian owner, with delivery scheduled for 2012 - 2013.
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Allcargo Laxmi on its maiden call at Mumbai Port
June 24 - Allcargo Global Logistics is celebrating the first call of its new coastal shipping service at Mumbai port.
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TTS International in UAE nitrogen tank move
June 23 - Dubai-based project cargo forwarder Transport Technics and Services International (TTS International) has completed the shipment of a 49 m nitrogen tank.
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Trio of appointments strengthens Ahlers management
June 21 - Three new executives have been appointed by Ahlers to bolster its management teams in three key markets.
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Dania Marine transfers ship to Varamar's management
June 9 - Dania Marine, and its Danish bank, have transferred the commercial management of Thor Venture into the supervision of Ukrainian-based Varamar Ltd, representing White Whale Shipping, changing the ship's name to Venture Whale.
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Qatar Airways buys into Cargolux
June 9 - Cargolux has entered into a strategic partnership with Doha-based Qatar Airways. The deal includes the acquisition by Qatar Airways of a 35 percent stake in Cargolux and a commercial cooperation.
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Speaking up for project cargo
June 6 - The Project Cargo Network (PCN) has announced two key industry speakers for its 2011 Annual Summit, which will be held from 19-20 November at the Park Plaza Riverbank Hotel in London.
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PCN recruits Canadian member
June 6 - The Project Cargo Network (PCN) has appointed its first member in Canada.
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Steel structure transport specialist Daewon Logipia joins GPLN
June 3 - Daewon Logipia Company Ltd based in Seoul, Korea, is the latest company to join established project forwarder network, Global Project Logistics Network (GPLN).
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Air Charter Service on the move in Paris as Smith moves in
June 2 - Air Charter Service's Paris operation has moved to much larger offices and welcomed Stuart Smith from the company's New York office, to head up the expanding cargo department.
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Four project movements display industry's variety
June 1 - A quarter of heavy lift and project cargo operations undertaken by members of the Project Cargo Network (PCN) demonstrate the wide variety of operations in this industry.
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UK liner agency enters into administration
May 20 - Long-established UK liner shipping agency Johnson Stevens Agencies has entered into administration with the administrators, accountancy firm PKF, already agreeing deals shipping industry entrepreneur, Andrew Thorne to acquire certain assets from
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IGS handles Mumbai-bound consignment of construction equipment
May 17 - Qatari freight forwarder Intergroup Shipping (IGS), working with Mumbai-based Keel Logistics, has won an order to ship secondhand construction equipment and accessories from Doha to Mumbai for a Qatar-based Chinese company.
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SDV Horoz on the double
May 11 - The Project Cargo Network (PCN) member for Turkey, SDV Horoz has completed the shipment of a transformer, pictured below, weighing over 170 tonnes to Germany from Turkey.
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Leading weather company acquires offshore forecasting technology business
May 9 - MeteoGroup has acquired Nowcasting International, a global weather forecasting company specialising in metocean solutions for the offshore industry.
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Cargolux in talks with Qatar Airways
May 5 - The international business media is awash with reports that Cargolux is in talks with Qatar Airways about a minority shareholding in the European all-cargo carrier, with the Middle East airline reported to to be close to agreeing to the purchase o
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Rickmers-Linie adds ships to upgrade Indian service
May 5 - Rickmers-Linie is upgrading its Indian service with the addition of new vessels.
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Jumbo Shipping works with Lift & Shift to move refinery equipment
April 28 - Jumbo Shipping has worked with India's Lift & Shift to transport critical refinery equipment manufactured by Larson & Toubro for the Kuwait National Petroleum Company's Clean Fuel Project in Kuwait.