Finance

  • Maritime Regulators See No Price Fixing in...

    Global maritime regulators have found no evidence of price fixing in freight rates among the biggest players in container shipping, a top U.S. official said following a meeting that came as cargo shipping prices on some of the world’s busiest trade routes collapsed for the second straight week.

  • ECB audit may curb bank lendin

    European commercial loans to ship owners could be further reduced by a new regulatory audit, according to bankers speaking at the annual Marine Money Week conference in New York.

  • Marine Money to Ring The Nasdaq Stock Market...

    What:  Marine Money, the premier provider of maritime finance transactional information and consulting services, will visit the Nasdaq MarketSite in Times Square, celebrating a year's worth of award winning marine finance transactions.

  • How to bring fresh investment to the shipping...

    The first Maritime Standard Ship Finance & Trade Conference, organised by The Maritime Standard (TMS), will take place this year on 29-30 November at Park Hyatt Hotel in Abu Dhabi. The event, which is endorsed by Federal Transport Authority – Land & Maritime UAE, and being hosted by Abu Dhabi Ports, will feature top level speakers from the worlds of finance, banking, ports, shipping and  maritime law.

  • Dubai-China economic ties stirring investment...

    Trade between China and Dubai reached 34.3 billion (US$5.5 billion) in the first nine months of 2014, a 27% increase over the same period last year, according to statistics from UK-based economics research firm Oxford Economics, as cited in a report by online news portal Yicai.

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Jordan to sign $400m power deal with Acwa

Jordan’s National Electric Power plans to sign a $400 million contract for a 480MW power plant with Saudi Arabia-based Acwa Power, a report said.


The new plant will replace the Hussein Thermal Power Station in Aqaba, Ghaleb Maabreh, secretary general of Jordan’s Ministry of Energy and Mineral Resources, was quoted as saying in a Bloomberg report.


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GE Oil & Gas signs deals with Oman’s PDO

GE Oil & Gas won two contracts from Petroleum Development Oman (PDO) for the supply, testing, installation and commissioning of a fleet of electric motor driven centrifugal compressors, a report said.


The fleet will be deployed across PDO's Saih Nihayda Depletion Compression Phase II, Kawther Depletion Compression Phase II, Yibal Khuff Depletion, Burhaan West and Fahud Gaslift Compression projects, added the dayofdubai.com report.


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