Chinese shipping giant COSCO and Abu Dhabi Ports have inaugurated the CSP Abu Dhabi Terminal at Khalifa Port, a dedicated container terminal for COSCO and its subsidiaries.
DP World chairman says group's focus will remain on port operations, but Unifeeder purchase diversifies capabilities and customer options.
The route between Iran’s port city of Jask and the Omani port of Al Suwaiq, joins three others already in operation.
The work assigned to PowerChina will cover an area of 4.5 km by 2.5 km and will be intended for the building of very large crude carriers (VLCCs), offshore drilling rigs, production platforms and other vessel types.
Dubai Police said in a statement that despite bad weather conditions, high sea waves and total darkness, teams of Dubai marine rescue and the Port Police Station carried out the successful rescue mission.
The port will be developed over an area of 1,666,771 square meters, almost the same size as the Principality of Monaco, with a total value of AED 254-million (US $69-million).
APL said the refinements are aimed at providing wider market coverage and better connectivity between the Far East and the Middle East.
The first two transfers took place at the company’s Khor Fakkan C Anchorage, whilst the next three were at its Fujairah S Anchorage.
With this move, Albwardy Damen anticipates an increase in operations and is optimistic of opportunities to foster strong relations with new clients says Lars Seistrup, managing director, Albwardy Damen.
The newly delivered FCS 2610 vessels will undertake work in the ADMA oil field in Abu Dhabi, providing logistics services and safe crew transfer, as part of a 5-yeard contract awarded to ADNOC LS and ADNOC Offshore.
Sulayem said that he believes financial institutions are becoming increasingly cautious and taking measures such as tightening lending in reaction to trade tensions, which is likely to negatively impact growth in emerging markets.
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