Top News

  • Dubai Chamber and Dubai Maritime Authority to cooperatively support ‘Maritime Dubai’ initiative...

    New partnership strong push towards strengthening Dubai’s competitiveness as pioneering maritime gateway for global trade - Maritime Dubai reinforces role of emirate as major player in global maritime economy

  • TASNEEF Launched the "Healthcare Leadership" Program in Abu Dhabi

    As a first of its kind in the region, this internationally accredited and certified program will help mid-level and management healthcare professionals develop their skills and encourage them to become proactive contributors to the UAE’s Vision 2021 aiming to enhance the country’s healthcare sector as a whole
     

  • DMCA and Det Norske Veritas prepare for post oil UAE

    In cooperation with Det Norske Veritas, one of the world's largest classification society of vessels, Dubai Maritime City Authority's (DMCA) 'Maritime Innovation' workshop recently concluded with high participation from the maritime industry.

  • Abu Dhabi Ship Building expands customer portfolio

    Abu Dhabi Ship Building PJSC (ADSB), a leading provider of construction, repair and refit services for naval, military and commercial vessels, has expanded its customer portfolio to now include chemical tankers. ADSB welcomed its first chemical tanker at the new drydock facility at Mina Zayed, which was commissioned in July of this year. 

  • Yas Marina Circuit ready for AbuDhabiGP weekend

    Yas Marina Circuit is fully sold out and prepared for the biggest ever Formula 1 Etihad Airways Abu Dhabi Grand Prix, which kicks off tomorrow, Thursday with 'Super Thursday'.

Classification

Insurance

Offshore - Oil & Gas

  • KOC to Enhace Reservoir Models with Roxar RMS

    Emerson Automation Solutions has supplied its Roxar RMS reservoir modeling software to Kuwait Oil Company (KOC). The new licenses will be used to build more accurate and detailed reservoir models, World Oil reported.

  • Egypt receives bids worth $200M for oil and gas exploration

    Egypt has accepted six bids for oil and gas exploration worth a total investment of up to $200 million, the Ministry of Petroleum said on Friday.

  • OPEC Agreed on Output Cuts

    Crude oil prices steadied around $50 a barrel, holding onto big gains made after the Organization of Petroleum Exporting Countries (OPEC) and Russia agreed to restrict production, Reuters reported.

  • Equate Petrochemical outlines energy conservation strategy

    Kuwait-based Equate Petrochemical Company discussed its key energy conservation strategies with the Ministry of Electricity & Water (MEW).

  • Private Equity Hunting For Oil & Gas Assets In South-...

    Companies backed by private equity firms and former executives at Big Oil are seeking to buy oil and gas assets across Southeast Asia, as lower current valuations and oil majors selling assets to raise much-needed cash offer investment opportunities for those with cash in hand.

  • Maersk Oil negotiating merger with DONG Energy

    Maersk Oil negotiating merger with DONG Energy, establishing new 10-billion-dollar giant in oil and gas operations. The negotiations are in very early stages and no decision is expected until the end of the year. The both companies hired consultants, as Maersk Oil is working with Bank of America on potential deal, while Dong Energy is working with JP Morgan. The negotiations are under way, but there is no certainty that parties would come to agreement. A potential deal between Maersk Oil and DONG Energy will create offshore oil company with market capitalization of 10 billion USD, including debt, which will have large market stake in UK North Sea.
     

Ports

Finance

Shipping

  • Maersk to buy German shipping line Hamburg Sud

    Maersk Line, the world's biggest shipping company, is to buy smaller rival Hamburg Süd, joining a wave of M&A in the industry just over two months after the Danish company revealed plans to bolster its transport operations.

  • DMCA, DNV Join forces to promote Maritime...

    In cooperation with Det Norske Veritas, one of the world's largest classification society of vessels, Dubai Maritime City Authority's (DMCA) 'Maritime Innovation' workshop recently concluded with high participation from maritime industry pioneers and other government entities such as DP World, Dry Docks World, Dubai Maritime City, JAFZA and Trakhees. The workshop was organized to attract investment in innovation, initiate research and development initiatives, enhance the local sector's competitiveness, and make Dubai one of the world's leading maritime capitals.

  • Caisse, DP World create $3.8b port venture

    Canada’s second-largest pension fund manager to buy 45% stake in two of DP World’s Canadian container terminals

  • Maersk unit eyeing Germany's Hamburg Sud

    Maersk Line, an arm of Danish conglomerate A.P. Moeller-Maersk A/S, is looking to buy German peer Hamburg Süd, people with knowledge of the matter said, a deal that would help the world's leading container-shipping operator boost its presence in trades from Latin America to the rest of the world.

  • Maersk Line Looking to Buy German Container...

    The shipping arm of Danish conglomerate A.P. Moeller-Maersk A/S is looking to buy German peer Hamburg Süd, people with knowledge of the matter said, a deal that would help Maersk Line boost its presence in global trade with Latin America.

Legal & Regulations

  • Government of Canada Announces Concrete Action on Marine Conservation

    Canada is taking action in the conservation and long-term protection of marine biodiversity. At the recent Convention on Biological Diversity at the Conference of the Parties (COP13), the Honourable Dominic LeBlanc, Minister of Fisheries, Oceans and the Canadian Coast Guard, announced a new initiative that will facilitate meeting Canada's marine conservation targets, and another that demonstrates Canada's commitment to ensuring the long-term viability of the Sargasso Sea, a globally significant marine ecosystem.

  • Four routes to better maritime governance

    Challenges in preventing pollution from ballast water highlight reforms needed in global shipping regulation, write Zheng Wan and colleagues.

  • Beijing demands Singapore abide by ‘one-China’ principle after military...

    The row between China and Singapore over the impounding of the city state’s military vehicles in Hong Kong escalated as Beijing lodged a diplomatic protest ­on Monday.
     

Environment

Education

  • Launch of Seafarers’ Accommodation Scheme (SAS)

    Singapore shipping companies that are currently facing a cyclical downturn are getting a helping hand from the Singapore Maritime Officers’ Union in the form of 6,000 subsidised hotel rooms for the next 2 years to lighten their financial load. This Seafarers’ Accommodation Scheme will cost the union S$300,000 and aims to help shipping companies provide quality lodging at subsidised rates for their officers.

  • Kongsberg Maritime: University Students Test Own...

    Students and researchers from the Norwegian University of Science and Technology (NTNU) were given the opportunity to test their own Dynamic Positioning (DP) algorithms in a full-scale setting last week. The trials took place in the Trondheimsfjord aboard the ‘R/V Gunnerus’, the NTNU-owned research and education vessel to which KONGSBERG donated a state-of-the-art K-Pos DP system in 2015.

  • NYK Program for Maritime Schools

    The NYK-TDG Maritime Academy (NTMA), which NYK operates in the Philippines, successfully conducted an international short-term student-exchange program with maritime schools in Japan during the months of August and October 2016.
     

  • NYK Scholarships for Maritime Students in China

    At the Maritime Academy of Toledo, students learn basics like math and English. They also take classes on boatbuilding.

  • Icon of Maritime Education Crosses the Bar

    Amy Morley-Beavers was a U.S. Coast Guard licensed master and Vice President of Maritime Professional Training in Fort Lauderdale, Florida. She had also served as Vice Chair of the Merchant Marine Personnel Advisory Committee (MERPAC).

Women in Maritime

Techonology

  • Martek Drones to Protect European Waters

    Martek Drones, a division of Martek Marine, has big plans for the future, starting with their 2-meter long drones and a multi-million euro contract with the European Maritime Safety Agency, for Remotely Piloted Aircraft Systems (RPAS) services in the maritime environment.

  • Indonesia seeks maritime merit of ‘Vikings’

    The government has invited 33 companies from Norway and Denmark to explore business opportunities in the country’s maritime sector, including in port management and security, to help meet its vision of becoming one of the world’s top maritime powers.

  • Key maritime players discuss digitization, big data

    Opportunities emerging from big data and digitization and their role in re-shaping the future of the maritime sector was discussed during a workshop held by Dubai Maritime City Authority in cooperation with Det Norske Veritas, one of the world's largest classification society of vessels.

Yachts

Dredging

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