• 2018 March 22 11:21

    Russian Trade and Economic Development Council sign MoU to further strengthen commercial ties with Abu Dhabi Ports

    Abu Dhabi Ports and the Russian Trade and Economic Development Council signed a Memorandum of Understanding (MoU) to strengthen trade links between the UAE and Russia and further stimulate economic cooperation between companies from both countries. The MOU will increase awareness amongst Russian companies about investing in Khalifa Industrial Zone Abu Dhabi (KIZAD) and Khalifa Port Free Trade Zone (KPFTZ), Abu Dhabi Ports reports in its press release.

    Signing the agreement were Abdulla Al Hameli, Executive Vice President - Corporate Support at Abu Dhabi Ports and Dr. Igor Egorov, Honorary Chairman of the Russian Business Council and regional representative of the Russian Trade and Economic Development Council.

    The signing ceremony took place on the side-lines of the ‘KIZAD Business Week’, a series of exclusive business and networking events organised by KIZAD, a subsidiary of Abu Dhabi Ports. KIZAD Business Week offered a valuable opportunity for Russian businesses, investors and stakeholders to come together and discuss opportunities available in UAE free zones particularly KIZAD and KPFTZ.

    Al Hameli said: “The UAE’s wise leadership have long supported our efforts in contributing to a sustainable and diversified economy. UAE free zones have been identified as one of the main drivers to diversification, attracting significant amounts of foreign investment, creating thousands of jobs and facilitating technology transfer into the country.

    We are confident the MoU with the Russian Trade and Economic Development Council will further help Russian companies and investors to take full advantage of what KIZAD and Khalifa Port Free Trade Zone have to offer.”
     
    Dr. Igor Egorov stressed the role of the Council in successfully bringing Russian exporters into growing markets in Asia. He added: “Over the years, we have witnessed the UAE and Russian relationship grow. Since 2014 Russian foreign trade of non-oil products, in particular food and grains, have grown globally. The UAE plays a vital role as gateway for Russian products into the MENA markets.

    With trade still around 2 Billion USD, we see potential for Russian investors to build industrial facilities and innovation centers in the UAE.  We are delighted that through the signing of this MoU KIZAD can play a key role in this initiative.”

    The first event kicked off with a keynote speech by Dr. Saleh Al Aroud, President of the Russian Business Council, who highlighted how the UAE offers one of the highest level of logistics services capable to compete in the global economy.

    Fahad Al Ahbabi, Director at the newly launched Abu Dhabi Investment Office, provided a detailed overview of the Abu Dhabi Economic Vision 2030 and the economic policy priorities for the future. He commented: “Over the past years, the Abu Dhabi Government has made major investments in sectors such as petrochemicals, education, healthcare, infrastructure and construction to make the Emirate an attractive hub for investors. The Emirate is therefore fully dedicated to its diversification strategy and to creating the right infrastructure such as Khalifa Port to support business around the world.” 




2018 April 21

15:06 MV Thuringia makes maiden CI3 service call at Chennai International Terminals
15:04 Diana Shipping announces time charter contract for m/v Arethusa with Glencore
15:00 Gothenburg Port Authority publishes Sustainability Report for 2017
14:47 Wärtsilä welcomes global shipping’s agreement to cut greenhouse gas emissions
14:45 Vopak to invest in new storage capacity at its Rotterdam terminal

2018 April 20

18:15 Yaroslavsky Shipyard launches yet another boom-laying boat (photo)
18:03 CMA CGM announces FAK rates from Asia to Middle East Gulf
17:47 President of Cyprus visits IMO
17:29 NOVATEK’s AGM approves 2017 dividends
17:03 SEA\LNG reiterates LNG’s central role in meeting IMO’s decarbonisation goals
16:40 SCF Group’s financing deal with VTB Bank recognized by Marine Money as a Deal of The Year
16:03 CMA CGM announces an agreement to acquire a stake in CEVA
15:36 Nuclear-powered submarine Severodvinsk passed control check for winter training period
15:03 MEPC 72: Proposal to mandate ISO sulphur test methods to be discussed further
14:40 Krasnoye Sormovo shipyard launches Russia’s first dry cargo carrier of Project RSD59 (photo)
14:24 HELCOM group meets in Berlin to focus on reducing land-based pollution affecting the Baltic Sea
13:38 WMU supports IMO climate change strategy for shipping
13:02 Panama Canal transits three LNG vessels in one day
12:43 Konecranes Gottwald Mobile Harbor Crane to handle bulk materials in Rotterdam
11:49 2 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on April 19-20
11:26 "Safety Day" held for Azerbaijan Caspian Shipping Company management
11:02 Navigation on rivers and canals of Saint-Petersburg opens from April 20
10:38 Azerbaijan Caspian Shipping Company and Russian Maritime Register of Shipping discuss cooperation
10:13 Brent Crude futures price down 0.26% to $73.59, Light Sweet Crude – down 0.31% to $68.08
09:55 Marine Technics supplied a set of engines to refit gensets of vessels operating on the Yenisei river
09:34 Bunker prices are going up at the Port of Saint-Petersburg, Russia (graph)
09:16 Baltic Dry Index up to 1,201 points
08:07 Chairman of IACS pinpoints three key themes of the Association's strategy for the future
07:45 The Fjords takes delivery of groundbreaking zero emission vessel Future of The Fjords

2018 April 19

19:00 Okskaya Sudoverf launches lead shallow-draft tank barge of Project ROB20, Belmax 1 (photo)
18:05 Vroon's MPI Napoleon commences Baltic-Sea charter
17:05 Diana Shipping announces continuation of time charter contract and a new time charter contract with Cargill
16:39 Admiralteiskie Verfi and Roshydromet sign contract for designing and construction of North Pole ice-resistant platform (photo, graphics)
16:05 CMA CGM to apply GRI from Canada to Asia, the Middle East and the Indian Subcontinent
15:15 MEYER WERFT announces delivery of cruise ship Norwegian Bliss
14:33 Maersk delivers new block train solution on Standard Gauge Railway
14:11 Global bunker market: the state of volatility remains, expert says
14:03 Samskip starts new service from Poland, Lithuania and Norway
13:20 Bibby Offshore becomes the first to deploy a pioneering diving safety system in the North Sea
13:17 Damen Dredging Equipment launches new DOP Dredger Series
13:11 Draft rules for collection of port investment due is available for public discussion (document)
12:52 Wärtsilä to provide optimised maintenance for a complete fuel gas handling system for Viking
12:08 6th Forum of Intermodal Transport FRACHT 2018 held in Gdańsk on 11-12 April
11:13 Port of Rotterdam: growth in container throughput continues in first quarter
10:49 Port of Riga introduces new cargo handling technologies
10:15 Experts forecast Russia's LNG exports to make 33 to 62 million tonnes by 2030
09:52 Brent Crude futures price up 0.6% to $73.92, Light Sweet Crude – up 0.55% to $68.85
09:34 Baltic Dry Index up to 1,124 points
09:24 APM Terminals launches integrated cold chain solutions in India
09:17 Bunker prices show no significant changes at the Far East ports of Russia (graph)

2018 April 18

18:26 Engine room fire on board Finlandia Seaways quickly under control
18:05 Ports of Long Beach and Los Angeles offer seed money to foster the development of new goods-movement technologies that improve air quality
17:47 Port of Rotterdam Authority launches new Pronto application
17:25 CMA CGM implements FAK rates from East Mediterranean ports to Gulf and Red Sea
16:55 Royal IHC announces successful launching of BONNY RIVER in China
16:16 RZD Logistics and Fenix will develop transit cargo transportation via port Bronka (photo)
16:05 Jumbo names new offshore vessel Stella Synergy
15:28 Samskip brings Rotterdam into Nor Lines' flexible LNG-powered service network
15:05 CMA CGM implements GRR from Asia to West Africa
15:02 Baltiysky Zavod shipyard tested mooring facilities of Akademik Lomonosov FPU (photo)