Saturday 18 November 2017
Hyundai Mipo Dockyard

Saudi Shipping firm to ink $400m Hyundai deal

The National Shipping Company of Saudi Arabia (NSCSA) will sign on Sunday deals worth 1.54 billion riyals ($400 million) with South Korea's Hyundai Mipo Dockyard to build four vessels. The agreement includes an option to get an additio


GEM takes delivery of first Panamax

Gulf Energy Maritime (GEM), one of the Middle East's largest commercial product tanker operator, said it has taken delivery of the first-ever Panamax vessel built by Korean shipbuilding giant, Hyundai Mipo Dockyard (HMD). The 75,000 dw


GEM region's top chemical transportation firm

Gulf Energy Maritime (GEM) said the delivery of the $56 million Gulf Baynunah makes it the region's top chemical transportation company. GEM's current fleet has reached 11 With the addition of Gulf Baynunah, which received its name

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