Wednesday 23 July 2014
 
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marine

Strategic Marine delivers on-station vessel to Australia

Strategic Marine, a leading specialist shipbuilder, has delivered the on-station vessel ‘Thaiyak’ to the Australian Customs and Border Protection Service (ACBPS).   The vessel was launched from Strate

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New Era in Mideast distribution deal with Al Boom

New Era, an international lifestyle brand with a sports heritage, has signed up Al Boom Marine, a leading provider of leisure and lifestyle service, products and accessories across the UAE and the GCC, as its new official Middle Eastern distri

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Alba opens new datacentre at Calciner plant

Aluminium Bahrain (Alba) has inaugurated its new datacentre at its Calciner and Marine plant in the kingdom.   The new data centre is one of the latest Generations of Containerised Datacentre (CDC) and was design

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Saudi to build first marine park in Dhahban

Saudi Arabia’s first marine park is set to be built at Dhahban, on the shores of the Red Sea, 40 km from Jeddah, said a report.   The project, which was under study for the last four years, was unveiled by

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Saudi to build first marine park in Dhahban

Saudi Arabia’s first marine park is set to be built at Dhahban, on the shores of the Red Sea, 40 km from Jeddah, said a report.   The project, which was under study for the last four years, was unveiled by

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Topaz Energy unit revenue up 7pc

Nico Middle East, a subsidiary of top offshore support vessel firm Topaz Energy and Marine, saw its revenue $89.4 million in the first quarter, up seven per cent over the previous year. Announcing the results, the period has seen

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Gulf Craft to invest in Dubai Maritime City

Gulf Craft, a leading builder of super yachts, plans to invest in Dubai Maritime City and join the Dubai Council for Marine and Maritime Industries, a statement said. The decision follows a meeting between Khamis Juma Buamim, chai

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Qatar Navigation posts $95m net profit

Qatar Navigation (Milaha), a leader in marine transportation and offshore support, has reported a net profit of QR349 million ($96 million) for the first quarter when compared to QR345 million in 2013. Milaha’s net result wa

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Gulf Capital unit completes IPO offering

Gulf Marine Services, a unit of Gulf Capital - a leading alternative asset managers in the Middle East, has completed its initial public offering on the London Stock Exchange recently.   GMS is the leading operat

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Gulf Marine Services plans London IPO

Abu Dhabi-based Gulf Marine Services (GMS) said on Monday it intended to sell shares on the London Stock Exchange to fund its growth plans, with the oil and gas services firm targeting a market valuation of $1 billion once listed.

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