Thursday 23 May 2013
 
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Emirates SkyCargo wins top carrier award

Emirates SkyCargo, the freight division of Emirates, has won the Best Air Cargo Carrier Middle East award for the 18th consecutive year at the recent Asian Freight & Supply Chain Awards (AFSCA) in Beijing. Organised by the market leading transport and logistics newspaper Carg

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Maaden reopens phosphate, ammonia plants

  Maaden Phosphate Co (MPC) has restarted a diammonium phosphate plant (DAP) in Saudi Arabia after repairing the ammonia plant that feeds it, but the shutdowns will negatively impact profits, the company said on Sunday.  

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GCC exports over 80pc of petchem production

The Gulf countries export more than 80 per cent of their petrochemical production including ethylene glycol, styrene monomer and paraxylene to overseas markets, said a senior industry expert. “These exports have included over 30 million metric tons (MT) of petrochemicals du

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Harris Pye opens Dubai office

Harris Pye, a specialist in the provision of repairs, upgrades and conversions to the marine, offshore oil and gas sector, has opened its brand new office at Jumeirah Lakes Towers in Dubai. The company was established to centralize engineering teams to support global business dea

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Maersk plans to double freight charges

A P Moller-Maersk, owner of the world's biggest container shipping company, is "100 per cent certain" it can more than double freight rates in July despite market weakness that has seen prices fall by a third since March. Shipping has taken a hammering in the past f

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GB Auto boosted by record sales revenues

  Egyptian vehicle assembler and distributor GB Auto said that its first quarter net income surged 160.1 percent, boosted by record sales revenue.   "Our growth this quarter reflects strong showings from r

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Dutch shipyard to build 14 terminal tugs for KOC

Dutch-based Damen Shipyards Group has launched the construction phase of 14 Damen ASD tugs for Kuwait Oil Company (KOC), with deliveries scheduled from 2014 onwards. The series consist of two types, being 9 tugs of Damen’s recently launched 3212 model and 5 units of the wel

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Drydocks chairman gets top honour

Drydocks World and Maritime World chairman Khamis Juma Buamim was recently named the Maritime Personality of the Year at the 6th Marine BizTV International Maritime Awards. The event was held as part of the ShipTek 2013 International Conference & Expo on Offshore & Marine

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