All Middle East articles – Page 32
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Global fleet growth expected
August 25 - The heavy lift and multipurpose (HL/MPV) shipping sector is under extreme pressure. With desperately low commodity prices laying waste to new capital projects, and increasing competition from other shipping modes for cargoes, the HL/MPV sector
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NORD/LB deal reduces shipping exposure
August 24 - NORD/LB (Norddeutsche Landesbank) and KKR Credit have reached an agreement by which, subject to completion of certain conditions precedents, KKR Credit, together with a sovereign wealth fund, will acquire a portfolio of performing and non-perf
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Long load for Combi Lift
August 23 - Combi Lift's multipurpose vessel Palabora has loaded an oversize vacuum column and cooker fractionator in Masan, South Korea for delivery to the Mina Abdullah and Mina Al Ahmadi refineries in southern Kuwait.
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Manser in at Hunt & Palmer
August 18 - Steve Manser, a 40 year veteran of the air cargo industry, has joined UK air charter broker, Hunt & Palmer Cargo Charters Ltd.
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Another Kazakh contract for Blue Water Shipping
August 18 - Blue Water Shipping will lead a consortium which has been awarded a USD 154 million contract by Tengizchevroil (TCO).
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ALE stays on the rails in Doha
August 18 - ALE has moved 1,470 heavy items to successfully complete the first phase of its work on the new Doha metro project.
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Crowley names strategy VP
August 16 - Crowley Maritime Corporation has promoted Eric Evans to vice president of strategy, a newly-created position that will focus on facilitating long-term growth through external business partnerships, including mergers and acquisitions.
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Worldwide success for PCN members
August 12 - Member of the Project Cargo Network (PCN) in Poland, Scandinavian Express has completed the transport of six bridge sections, each measuring 7.5 m wide, from Poland to Sweden.
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Siemens continues Egypt power project
August 11 - The modules for the first heat recovery steam generator (HRSG) for the Siemens mega project in Egypt have been loaded at the Port of Ulsan, South Korea for their journey to the Beni Suef power plant.
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Wind energy benefits Brownsville
August 10 - Wind farm projects continue to flourish in Cameron County and surrounding Texan counties, which the Port of Brownsville says is creating revenue for the US gateway as it continues to handles a host of wind turbine components.
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ALE makes SARB4 progress
August 10 - ALE is currently delivering a number of substations, pipe rack and process modules from Mina Zayed port and various fabrication yards to the Satah al-Razboot (SARB4) project site on Zirku Island in the UAE.
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Turkish delight for ALE
August 8 - ALE's 4,300-tonne capacity AL.SK190 crane has performed its first lifts in Turkey, with the installation of two components at the greenfield SOCAR & Turcas Aegean Refinery site in Aliaga, Izmir province.
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Mill moves with Stute
August 4 - Stute Logistics has coordinated the transport of a cement mill from Slavonski Brod in Croatia to the Port of Antwerp, for onward delivery to Jordan.
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ALE steps on the gas in Oman
August 4 - ALE has performed the first load-out in Oman for the Rabab Harweel Integrated Project, which involves the construction of a gas processing facility in the Middle Eastern nation.
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Qatar increases IAG stake
August 1 - Qatar Airways has increased its stake in International Airlines Group (IAG) from 15.67 percent to 20.01 percent.
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FLS makes caravan move
August 1 - Fleet Line Shipping (FLS) has delivered 250 caravans, each measuring 12 m x 4 m x 3 m, from Hamriyah Free Zone in Sharjah, UAE to a project site in Iraq.
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Arabi Enertech takes 13
July 28 - Kuwait based Arabi Enertech has taken delivery of 13 new Grove cranes, the majority of which are being put to use on oil and gas projects in the region.
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Ekin in Georgian transformation
July 27 - Ekin Heavy & Project Cargo Transportation has delivered seven transformers 2,000 km overland from Turkey to Georgia.
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Orascom orders crane package
July 26 - Egypt's Orascom Construction has ordered 24 new Grove rough-terrain cranes from Manitowoc.
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GAC inks Team Britannia deal
July 25 - GAC has been named official shipping and logistics partner of Team Britannia, which is attempting to break the round-the-world powerboat record later this year.