oil imports

Abu Dhabi’s Al Seer Marine acquires third VLCC valued at Dhs396m

The strategic acquisition of VLCC Acrux has increased Al Seer Marine’s fleet value to more than Dhs1.2bn

Safeen group Amaan Baghdad Co sign agreement

Safeen Group, Amaan Baghdad Company sign fuel oil transport and storage agreement

Safeen Feeders, a subsidiary of Safeen Group, will manage the entire project, providing three very large crude carriers and one medium-range tanker

Safeen Feeders

AD Port Group’s Safeen Feeders to launch new service for Southeast Asia

The company launches first services to Southeast Asia, adding vital new trade routes for the UAE

Al Seer Marine_h12022

Al Seer Marine announces Q2 profit of Dhs882.97m, a 115% rise over last year

Al Seer Marine’s growth jumped significantly by a record 74 per cent, compared to Q2 of last year, with revenue at AED 474.82 million

K Line Shipping ties up with EGA to decarbonise bulk cargo shipping

Emirates Global Aluminium, Kawasaki Kisen Kaisha partner to decarbonise bulk cargo shipping

The partnership will involve the development and implementation of new marine decarbonisation technologies suitable for EGA’s bulk cargo shipping routes

Dubai ranked among top five global maritime hubs

Dubai ranked among top five global maritime hubs

The ranking is based on the latest findings of the Xinhua-Baltic International Shipping Centre Development (ISCD) Index

AD Ports Group ranked in the top five of global efficiency index

AD Ports Group ranked in the top five of global efficiency index

The report cites the use of digital technology and green fuel alternatives as two of the major ways that countries are modernising their ports

Supply chain woes: Crisis peak is a mirage

The fragile global trading system faces months of additional pain and remains at risk of collapsing again from even one unforeseen shock

DP World

Dubai’s DP World reports volume growth of 11.9% in Q3 2021

DP World Limited handled 58.4 million TEU across its global portfolio of container terminals in the first nine months of 2021

DP World

Dubai-based DP World acquires feeder operators for greater reach into Indian subcontinent

Transworld Feeders and Avana Global are independent feeder and Non-Vessel Operating Common Carriers (NVOCC) operators

CSP Abu Dhabi Terminal

CSP launches new direct service from Abu Dhabi to Europe and Indian subcontinent

The new route will be served by a fleet of eight vessels ranging in capacity from 10,000-13,000 TEU

Dubai launches marine agency to regulate, promote dhow sector

The agency will be the only entity responsible for dealing with dhows during their presence in Dubai waters