The move is part of DMCA’s resolution to resume maritime operations across Dubai anchorage areas Dubai Maritime City Authority (DMCA) has announced the move to strengthen its bunkering fleet in Dubai waters as part of an advanced step towards the path of organizing, facilitating and enhancing maritime activity. The DMCA has increased the number of […]
Category: Company in Focus, Latest News, New Products, News, Shipping
Oman Shipping Company (OSC)’s USD 80 million Sharia based leasing facility “Ijarah” with ADIB is the first of its kind in the company’s history The facility will allow OSC to enhance its debt position by reducing overall financing costs and eliminating refinancing risk, all while continuing to diversify its pool of financial partners. Abu Dhabi […]
Category: Company in Focus, Latest News, New Products, News, Shipping, Transport
Seminar discusses topic from an insurance perspective Emirates Maritime Arbitration Centre kicks off its first breakfast after the summer period with a presentation on marine casualties from an insurance perspective. Speakers, Bengi Yuceer, Regional Head of Marine Claims and Vivek Sharan, Regional Marine Client Director both from Howden Insurance Brokers LLC focused the talk on […]
Category: Events, Latest News, New Products, News, Shipping
First session to focus on ‘Commercial uncertainty: China, Brexit, and maritime market fundamentals’ The Dubai Maritime City Authority (DMCA) is set to discuss the fundamentals of the maritime community amid the rapid global changes as well as the major efforts to catapult Dubai into one of the world’s best maritime centers at the Dubai Maritime […]
Category: Latest News, New Products, News, Shipping, Transport
The 2019 edition in February witnessed an eye-popping 83% increase in attendance, reinforcing its reputable standing as the fastest-growing event in the global Breakbulk portfolio Under the patronage H.E Dr Abdullah Belhaif Al Nuaimi, the UAE Minister of Infrastructure Development and the Chairman of Federal Transport Authority for Land and Maritime, Breakbulk Middle East (BBME), […]
Category: Events, Latest News, New Products, News, Ports, Shipping, Storage, Transport
Many Arabian oil exporters have begun to increase their offshore spending after nearly five years of massive cutbacks, according to a Seatrade Maritime report titled ‘Middle East Offshore Market on the Move.’ The report further points out that multibillion relevant projects in the region is expecting to inject new energy into the sector. In line […]
Category: Latest News, New Products, News, Shipping, Transport
EMAC’s participates as associate conference sponsor and exhibitor As the Emirates Maritime Arbitration Centre (EMAC) marks its third year of operation, the centre has not slowed in its effort to provide awareness about its alternative dispute resolution support and services which focus primarily on maritime, offshore energy and logistics. This is one of the reasons […]
Category: Company in Focus, Latest News, New Products, News, Shipping, Transport
DMCA underscores role of maritime insurance segment in move to increase competitiveness and attractiveness of Dubai’s maritime sector The Dubai Maritime City Authority (DMCA) has emphasized a new Dubai’s pioneering experience in maritime insurance as it shed light on some of the major local insurance services designed to ensure safe navigation, support maritime operational efficiency […]
Category: Latest News, New Products, News, Shipping, Transport
Leading personalities driving motivation behind policies and initiatives of Vision 2030 gather on March 11, 2019 in Riyadh The commitment from five of the Kingdom’s maritime leaders at the world-class Saudi Maritime Congress in Riyadh highlights the significant platform this allows to discuss how Vision 2030 will transform the Saudi economy and its heavy reliance […]
Category: Latest News, New Products, News, Ports, Shipping
DP WORLD RECOGNISED FOR EXCELLENCE IN IMPLEMENTATION OF UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS Global trade enabler DP World’s Global Education Programme (GEP) for 8 – 14-year-olds features as a case study in the latest UAE Sustainable Development Goals (SDG) report. This programme is being implemented across DP World’s international network of 40 countries and […]
Category: Company in Focus, Latest News, New Products, News, Ports, Shipping
The Dubai Maritime City Authority (DMCA) has officially launched the updated version of ‘Sea Dubai’ as part of the ambitious vision to create a leading maritime cluster for Dubai’s maritime activities and enhance their accessibility. The launch is the result of wide acclaim of visitors of the Dubai International Boat Show 2019, held at the […]
Category: Latest News, New Products, News, Ports, Shipping, Transport
DP World PLC announces the acquisition of the holding company of P&O Ferries and P&O Ferrymasters (together P&O Ferries) for a purchase consideration of GBP322mn (USD421mn¹), implying a 2017 Enterprise Value/EBITDA valuation multiple of 6.1x. P&O Ferries is a pan-European integrated logistics business consisting of a market leading roll-on roll-off (Ro-Ro) ferries operation and a […]
Category: Company in Focus, Latest News, New Products, News, Shipping, Transport
Panalpina’s board of directors has confirmed that they are in the preliminary stage of discussion with Kuwait-based Agility Group on strategic opportunities with regard to their respective logistics businesses. Panalpina, a Switzerland-based holding company engaged in the transportation sector, is in talks with Agility, but is still reviewing an approach by Denmark’s DSV, the company […]
Category: Company in Focus, Latest News, New Products, News, Shipping, Transport
Ability to move up the value chain and enabling environments for public private partnerships can help drive growth A new study on how post-conflict trade opportunities can be developed by emerging countries was published on the concluding day of the World Government Summit attended by thousands of government and business leaders. “Post-Conflict Trade: Case studies […]
Category: Featured Stories, Latest News, New Products, News, Ports, Shipping
Shipping agents for general cargo to be honoured for electronic services adoption Dubai Trade, the smart trade solution provider in Dubai and a subsidiary of DP World, announced that its 11th E-Services Excellence Award (ESEA) will feature three new categories including two for re-exporters announced by Dubai Exports, the export promotion agency of the Department […]
Category: Company in Focus, Events, Latest News, New Products, News, Ports, Shipping, Transport
Dubai Maritime City Authority participates at Middle East Bunkering Convention 2019 The Dubai Maritime City Authority (DMCA) participated at the Middle East Bunkering Convention 2019 held recently in Dubai, attended by leading regional and international organizations discussing current and future trends of ship chandlers as a vital component in the maritime sector. Being part of […]
Category: Latest News, New Products, News, Ports, Shipping
DP WORLD CHAIRMAN & CEO SAYS PARTNERSHIPS KEY IN AFRICA The key to African economic emergence lies in removal of barriers, increased connectivity between nations and infrastructure development, DP World’s Group Chairman and Chief Executive Officer, Sultan Ahmed Bin Sulayem, told African leaders and top executives in Dakar Senegal. “We be believe in the viability […]
Category: Company in Focus, Latest News, New Products, News, Shipping, Transport
With Bahri as strategic partner, Saudi Maritime Congress forum to catalyze country’s ‘Vision 2030’ goals Saudi Arabia’s maritime sector is set to receive a much-needed boost with a generous allocation of SAR 33 billion (USD 8.8 billion) for the energy, industry, mining and logistics sectors in its recently announced budget for 2019. In fact, the […]
Category: Company in Focus, Latest News, New Products, News, Ports, Shipping
US $3 billion invested in acquisitions and expansions tailored to widen global footprint with an eye on future trade solutions Global trade enabler DP World deepened its engagement with revolutionary new technologies, diversified its global business portfolio through investments and acquisitions worth US $3 billion and extended meaningful support to environmental initiatives around the world […]
Category: Company in Focus, Latest News, New Products, News, Shipping, Transport
HIGH-TECH CHINESE POLYMER PRODUCTION MANUFACTURER EXPANDS IN JAFZA China XD plant raises Jafza’s profile as destination of choice for global technology industries China XD, one of China’s leading specialty chemical companies and one of the top 500 non-stated owned enterprises has opened a new facility under its subsidiary – Al Composites Materials FZE in JAFZA. […]
Category: Company in Focus, Events, New Products, News, Ports, Shipping
The Dubai Maritime City Authority (DMCA) has revealed its successful participation at this year’s Dubai Marine Insurance Conference. The conference recently gathered decision makers, experts, and pioneers in the marine insurance, trade and shipping sectors at the Queen Elizabeth II Hotel in Port Rashid, Dubai to discuss new industry trends that are currently affecting the […]
Category: Company in Focus, New Products, News, Ports, Shipping
Winners recognized for contributions in efforts to reinforceDubai’s leading position in the global maritime sector The winners of the Dubai Maritime Innovation Award were revealed in a special awarding ceremony held at Dubai Maritime Summit 2018, a high-level gathering of experts being staged during the UAE Maritime Week 2018.The award recipients consisting of national, regional, […]
Category: Company in Focus, New Products, News, Ports, Reports, Shipping
DP World launches ‘the belt and road’ Dubai station in partnership with china’s ZPG Trade enabling project to boost trade across continents In another major step towards positioning the UAE and Dubai as a hub for east-west trade global trade enabler DP World has announced plans to build ‘The Belt and Road’ Dubai Station […]
Category: Company in Focus, New Products, News, Ports, Shipping
DP WORLD ACQUIRES LEADING PORT RELATED LOGISTICS SOLUTIONS PROVIDER IN EUROPE DP World acquires 100% of Unifeeder, the largest container feeder and growing shortsea network operator in Europe Global trade enabler, DP World today announces the signing of the acquisition of 100% of the Unifeeder Group (“Unifeeder”)[1] for €660 million[2] from Nordic Capital Fund VIII […]
Category: New Products, News, Ports, Shipping
MSC fleet joins BoxTech Global Container Database Shipping giant MSC (Mediterranean Shipping Company) has joined other mega-carriers in registering its global container fleet on the BIC’s BoxTech Global Container Database. As a result, the technical details of more than 10 million containers, or approximately 40 per cent of the global container fleet, are now […]
Category: Company in Focus, Latest News, New Products, News, Ports, Shipping
BoxTech database exceeds 11m containers following HMM fleet upload Container line HMM (Hyundai Merchant Marine) is the latest global carrier to join the BoxTech Global Container Database, making details of more than 11 million units in total available to registered users. HMM, the 12th largest global carrier, joins 2M carriers Maersk and MSC (Mediterranean […]
Category: Company in Focus, Featured Stories, Ports, Shipping, Top Stories, Trending Stories, Trends
New market for traders with a build-up area of 3 million square metres in Jebel Ali Free Zone An agreement to jointly construct a new ‘Traders Market’ at DP World’s flagship Jebel Ali Port and Free Zone in Dubai on a total build up area of three million square metres has been signed between the […]
Category: Company in Focus, Events, Featured Stories, New Products, News, Ports, Shipping, Transport
JAFZA generates over US$83 billion in trade DP World, UAE region including Jebel Ali Free Zone (Jafza) has reaffirmed its position as the region’s top trade and logistics hub by generating 29.4 million Metric Tonnes (MT) of trade, valued at $83.1 billion in 2017. The figures contribute 23 per cent to the total value of […]
Category: Company in Focus, News, Ports, Shipping, Transport, Trending Stories, Trends
International praises for Dubai’s experience as one of world’s best maritime capitals Greek Prime Minister praises UAE’s global maritime feats during visit to DMCA pavilion at ‘Posidonia 2018’ Greek and other global maritime leaders show strong interest in Dubai’s quality initiatives and pioneering achievements UAE & Greece explore joint efforts to accelerate growth of international […]
Category: Shipping, Transport, Trending Stories, Trends
Mr. Bin Sulayem: Building green infrastructure reduces supply chain’s carbon footprint.
Category: Company in Focus, Shipping, Top Stories, Transport, Trending Stories, Trends
Seatrade Maritime Awards celebrates 15th year with introduction of new awards & category Largest & longest-running maritime event to include regional achievements in Indian subcontinent & Africa Best shipyards, maritime services and women’s leading role in industry to be recognized Free entry submission set on July 20 The Seatrade Maritime Awards, the largest and longest […]
Category: Events, Insights, New Products, News, Ports, Shipping, Trending Stories
JAFZA and South Korea explore business opportunities Jebel Ali Free Zone (Jafza) is partnering with the Small & Medium Business Corporation (SBC) of South Korea to support investment opportunities and industrial cooperation for small businesses. The two organisations have agreed to work together to support SME business development programmes and to foster closer trade ties […]
Category: Company in Focus, Latest News, New Products, News, Ports, Projects, Shipping, Top Stories, Trending Stories
Sustained success at Sohar Port Mark Geilenkirchen, Chief Executive Officer, Sohar Port and Freezone, gives Munawar Shariff an update on the current growth in business for Sohar Port and what challenges it faces in the year ahead in making a better profit than ever before Additionally, our upcoming Sohar Port South expansion is fundamental […]
Category: Company in Focus, Insights, Interviews, Latest News, Ports, Reports, Shipping, Top Stories, Trending Stories, Trends
DMCA adopts ‘Dubai Maritime Innovation Quattro Helix Partnerships’ to promote local maritime sector Dubai Maritime Sector includes important sub-sectors such as maritime services, shipping, marinas engineering, ports and leisure. In line with Dubai Plan 2021 to make Dubai a leading hub in the global economy and in support of the Dubai Industry Strategy, the Dubai […]
Category: Company in Focus, Latest News, New Products, News, Ports, Shipping, Top Stories, Trending Stories, Trends
DP WORLD REPORTS 7.3% GROSS VOLUME GROWTH IN FIRST QUARTER OF 2018 DP World Limited handled 17.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2018, with gross container volumes growing by 7.3% year-on-year on a reported basis, and 8.4% on a like-for-like[1] basis, well […]
Category: Company in Focus, Latest News, News, Ports, Shipping, Transport