Dubai 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)
DP World sells stakes in port businesses in Belgium and Yemen
Shipping
UAE firm to build two crew boats for US firm
UAE?s Grandweld Shipyards has won a contract to build two crew boats for Global Marine. (Image source: Grandweld Shipyards)
UAE-based Grandweld Shipyards has been commission to design and build two 42M aluminum crew boats for Global Marine
Saudi NCC signs deal to transport petrochemicals
Bahri has 21 petrochemical tankers. (Image source: Bahri)
The 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)
Topaz signs charters worth more than US$65 million
Oilfield 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
DP World records 7.5 per cent increase in container volume
Dubai-based DP World, the world?s third largest port operator, increased container volumes at its terminals by 7.5 per cent in the first half of 2012
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