The surge in the oil price has helped Cummins’ marine segment, especially in the Middle East, where its clients are contractors and service providers to major players like Abu Dhabi National Oil Company (ADNOC), Saudi Aramco, etc.
DP World, a leading global enabler of end to end trade solutions, has successfully completed the first transit import via DP World Maputo port to DP World Komatipoort, South Africa.
Polish gas transmission system firm Gaz-System said Thursday that preparations were underway for the pipelaying work to being on the Baltic Pipe project, designed to ship gas through a Baltic Sea pipeline from the Norwegian part of the North Sea to Denmark and Poland.
As part of the general effort to re-open America and provide updated guidance reflecting the evolution of the pandemic, the U.S. Centers for Disease Control and Prevention (CDC) has issued its final two stages of guidance on the steps required to restart cruises from U.S. ports. In a long and detailed process, the CDC mapped out stricter restrictions than are being placed on onshore businesses, but it provided a clear path for cruises to resume from U.S. ports as early as July 2021.
Japan’s NYK Line has taken its next steps in its efforts to build business opportunities in the emerging offshore wind energy sector. NYK will be working with Sweden’s Northern Offshore Services, the largest operator of crew transfer vessels (CTV) for the offshore sector. In December 2019, NYK announced plans to collaborate with NOS in the CTV business.
The UAE’s Port of Fujairah stands to lose out on crude oil and refined product exports and bunker sales if the spiraling COVID-19 crisis in India translates into slowing economic growth for Asia’s third-largest economy.