Shipping

US consortium signs US$14 million deal to modernise Iraqi port

Port-basraIraq has signed an US$14mn deal with a US consortium to modernise the Maqal Port in the country's southern province of Basra

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DP World sells stakes in port businesses in Belgium and Yemen

Port Belgium-DP WorldDubai government-backed port operator DP World has divested its interest in Dubai and Aden Ports Corporation (DAPDC) to Yemen Gulf of Aden Ports Corporation (YGAPC)

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UAE firm to build two crew boats for US firm

GrandweldUAE-based Grandweld Shipyards has been commission to design and build two 42M aluminum crew boats for Global Marine

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Saudi NCC signs deal to transport petrochemicals

Petrochemical-tankersThe National Chemical Carriers Company (NCC) has signed a five-year time charter agreement for three chemical tankers with International Shipping and Transportation Company, a subsidiary of Saudi Basic Industries Corporation (Sabic)

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Topaz signs charters worth more than US$65 million

Topaz commanderOilfield services company Topaz Energy and Marine has been awarded two new charters totalling more than US$65mn for projects in the GCC and Caspian Sea regions

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