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Egyptian firm Maridive inks $150m Islamic loanEgyptian marine services firm Maridive and Oil Services has obtained a $150 million syndicated loan using an ijara (Islamic leasing) structure, the first of its kind in Egypt, said the legal advisor on the deal. The Maridive loan More… |
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GAC appoints new group presidentGAC Group, a leading global shipping, logistics and marine services provider, has announced the appointment of Bengt Ekstrand as its new Group president. Ekstrand will take over in January, 2013 from Capt Lars Säfverströ More… |
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Drydocks plans $300m marine centre in IndonesiaDrydocks World, a part of Dubai World, will open a Dh1.1 billion ($300 million) marine services centre on Batam Island, Indonesia, as part of the company's expansion plans in Southeast Asia, a report said. The project will be a joint v More… |
