Topaz Energy and Marine recently signed long-term vessel support contracts with various clients totaling US$160mn.
Shipping
GE Lighting opens distribution centre in Middle East
GE Lighting opens its first full-fledged distribution centre in the Middle East in Jebel Ali Free Zone, Dubai recently.
Kuwait launches Mubarak Al-Kabir Seaport project
Kuwait laid the foundation stone at the seaport project at Boubyan Island which is part of a US$1.1 billion development programme for Boubyan Island.
DP World opens new port terminal in India
Dubai-based DP World launched its new terminal at Vallarpadam in the south Indian state of Kerala.
Tenders for Faw port to be issued by end of 2011
The Iraqi government plans to float a tender for building a multibillion-dollar port south of Basra by the end of this year, Hadi al-Amiri, the transportation minister said.