Islamic Republic of Iran Shipping Lines (IRISL) Group and South Korea's Hyundai Heavy Industries are in the final rounds of a $650-million deal to provide 10 ships to Iran, a report said.
Under the contract, Hyundai will build
China-based Jereh, a leading oil and gas company specialised in oil and gas EPC services, has announced that, for the first time, five sets of its compressor units have been shipped to Algeria.
The deal is of great significance fo
Italy-based Rina Services and the Asian Classification Society (ACS) recently classified the first two general cargo ships owned by Islamic Republic of Iran Shipping Lines (IRISL), a major shipping company in Iran.
Rina is a
The Panama Canal will next month impose new draft restrictions on ships due to falling water levels at nearby lakes that form part of the waterway, the authority that administers the canal said in a statement on Monday.
Oman Drydock Company (ODC) witnessed one of its busiest half year periods during July to December, 2015, with the number of drydockings undertaken during the period taking the total number to 375 since it opened in 2011.
ODC is on
Qatar Navigation (Milaha), a leader in maritime and logistics services, has announced that its ship repair facility at Mesaieed, Qatar, has repaired more than 6,600 ships over the past 37 years, a report said.
Milaha has received
A total of 338 ships transited the Suez Canal with a total load of 19,388 million tonnes from November 6 to 12, compared to 322 ships with 18,214 million tonnes during the week before that, according to traffic data released by the canal.
Dubai's Topaz Energy and Marine, a unit of Muscat-listed Renaissance Services, has bought two ships from Norwegian boat yard Vard Brattvaag for about $115 million, the Omani parent firm said on Sunday.
Specifically developed f
In October last year, bulk carrier CS Caprice was shipping a cargo of barley across the Mediterranean when it answered a call to help about 500 people who were drifting north of Libya without a skipper. A brewing storm threatened to capsize thei
GAC, a global shipping, marine and logistics services provider, has formed a joint venture with the UK-based Clearvac Group to provide air hygiene, fire risk removal and waste water management solutions to vessels in the UAE.