|29 October 2007|
|15:41||container throuhgputPort Rashid Be Closed to Container Traffic|
|5 October 2007|
|15:08||DubaiDP World to Hold IPO|
|12 July 2007|
|15:25||SingaporeDubai Drydocks World to Control PUM|
Dubai Drydocks World has taken formal control of Pan United Marine, the Singapore shipyard, following acceptances reaching 84% of PUM shares for its voluntary conditional cash offer.
According to Fairplay, 4 of Dubai Drydocks World's nominees have been appointed to PUM's board of directors.
The $428 mn acquisition is the first overseas by Dubai Drydocks World.
|31 May 2007|
|09:30||general cargo$100,000 to Have Vessel Released|
A Dubai-based owner has been forced to shall out $100,000 as a ransom to secure the release of its vessel which was hijacked off Somalia almost four weeks ago, reports TradeWinds.
The 3,742-gt general cargo vessel "Mariam Queen" was released on the weekend having been held by Somali pirates since 3 May.
A spokesperson for the vessel's owner, Al Hufoof Shipping, confirmed that it had paid "around $100,000" to have the vessel released.
|30 March 2007|
|15:57||seaForeign Investors for Special Port Zones in Russia|
On March 29 the RF Government approved of the draft Bill on sea ports and the amendments into the Bill on special economic zones allowing to establish free economic zones in ports.
|21 March 2007|
|10:51||Port SaidVisit to Port Jebel Ali (Dubai)|
On 26 May for the delegates of OilLogistics international conference will be arranged a visit to port Jebel Ali (Dubai) and Star Energy oil terminal.
Dubai 's Jebel Ali Free Zone was established in 1985 and is internationally recognised as the most successful and fastest growing free zone operation in the world.
|28 February 2007|
|10:48||containerDubai Port World to Invest in Georgia?|
Dubai Port World (United Arab Emirates) is going to invest $700 mn in the free economic zone establishing in Georgia, reports Kommerchiskaya nedvizhimost daily.
The delegation of Dubai Port World has visited the Port Poti where it is planned to build a container terminal.
By preliminary estimate, the Arabian investors will put up $300 bn in the first stage of the project.
|13 February 2007|
|16:48||seaCOSCON, "K" Line and Hanjin Upgrade SMX Service|
The partners operating the South China/Middle East express service SMX have announced their decision to enhance the port rotation to include direct calling at Abu Dhabi w.e.f.
|9 February 2007|
|14:00||seaTop 10 Container Ports|
The growth percentage are different, but the world's 2006 top 10 container ports by port handled throughput (import and export, full and empty, including transhipment) was exactly the same as in 2005 by name and ranking.
|10 January 2007|
|11:05||seaRhenus Takes Over Top Shortsea Operator|
Leading European shortsea operator Rhein Maas und See Schiffahrtskontor (RMS), which controls a fleet of around 75 vessels, has been acquired by Rhenus Group.
The deal, which took effect on 1 January 2007, has seen Rhenus, part of the Rethmann family organisation, and raise its stake in RMS from 25% to 100%.
|18 December 2006|
|16:01||DubaiWorkBoat Order for Damen|
Jan De Nul Group, world leader in dredging and reclamation works, has placed an order with Damen for a total of three workboats.
Two of them are of the Damen Fast Crew Supplier 1605 type designed for the transportation of 20 persons on board at speeds of 30 knots.
The third vessel is the first of the newly developed Damen Stan Tug 1606, the follower of the '1605' design of which approximately 100 units were built over the years.
All three vessels will be delivered in the first quarter of 2007 ex-Damen yards in the Far East.
|15 December 2006|
|14:48||seaNew Stena Tanker Named in Dubai|
On December 14 the newest addition to Stena Bulk's fleet, the crude oil tanker "Stena Atlantica" was named in Dubai.
|11 December 2006|
|17:39||containerDubai Ports World Sold 6 American Terminals|
Dubai Ports World announced Monday it had reached agreement to sell its US ports operations, whose acquisition sparked a furore earlier this year, to a subsidiary of AIG Global Investment Group.
|13 November 2006|
|12:30||containerDubai's DP World to invest $2,87 Bn in UK port|
Dubai Ports World, the third-largest container port operator, said on Saturday it will invest $2.87 billion developing a harbour complex in south-east Britain to plug a capacity shortfall.
DP World, which in February paid $6.8 billion for British ports operator P&O, will develop the port and a business park as part of the London Gateway Project at Thurrock, Essex, state-owned Dubai World, the owner of DP World, said in a statement.
"The UK is suffering from a capacity shortage," DP World Chairman Sultan Ahmed bin Sulayem told Reuters.
|3 November 2006|
|15:32||Port SaidNew Ship Hijacking off Somali Coast|
Gunmen have hijacked a vessel off the lawless coast of Somalia, the owner of the cargo on board said Friday, raising fears of a resurgence in piracy in Somali waters after a several-month lull, reports Agence France Presse.
The United Arab Emirates-flagged MV Fishana and its crew of 12 were seized near Adale, 95 kilometers (60 miles) northeast of Mogadishu on Thursday, as it sailed to Dubai from the Somali port of El-Maan, he said.
|25 October 2006|
|13:03||seaGreece to Tender Ports Contracts |
Greece is ready to hold international tenders to run parts of its two biggest ports, despite reports claiming that China's Cosco had already won the race, reports Tradewinds.
|18 October 2006|
|15:36||seaDP World to Drop P&O Brand from its Terminals Business|
Dubai port operator DP World is to drop the P&O brand from its terminals business but will retain the name in four other subsidiaries, reports Lloyd's List.
|17 October 2006|
|11:40||seaESL Planning China-ME Service|
Containership newcomer Emirates Shipping Line is to launch a new service linking China, Southeast Asia, India and the Middle East next month, reports Tradewinds.
The Hyper Galex service will use six 3,100-teu ships with Emirates supplying four ships and Shipping Corp of India and Japan’s TS Line one ship each.
|13 September 2006|
|17:25||seaMalaysia's MISC Launches World's First Halal Liner Service |
Malaysia's MISC Berhad will launch the world's first halal shipping container service next week, carrying Australian and New Zealand beef and other food items that meet Islamic dietary requirements to the Middle East, officials said Wednesday.
|13:09||seaDP World Closes in on US Asset Sale |
Dubai's DP World will today start a second round of bidding for its US port assets, with Morgan Stanley, Carlyle Group and SSA Marine all among the last fewbidders in the highly-politicised sale.
The three companies are among five or six bidders weeded out from among hundreds of potential buyers thought to have expressed at least some interest in the business, according to aperson familiar with the process.
State-owned DP World announced the sale of its US port assets in March in the face of a political furore over its purchase of the businesses as part of its Pounds 3.92bn (Dollars 7.3bn) takeover of P&O, the UK-based container terminal and ferry operator.