• 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 October 16

14:03 Lithuanian Railways, Metrans and the Port of Hamburg strengthen relations
13:52 Throughput of Port St. Petersburg up 12% to 44.22 million tonnes in 9M’18
13:06 Scorpio Bulkers announces update on scrubbers
12:39 Project 22800 small missile ship Burya to be floated out on 23 October
12:13 Rolls-Royce and Intel announce autonomous ship collaboration
11:55 The Port of Riga outlines a vision for future development of Spilve Meadows
11:31 Ørsted selects GeoSea for Borssele 1 & 2 foundation and turbine transport and installation
11:14 Jan De Nul will dredge access channel to Guayaquil Port
11:11 RF Navy’s Baltic Fleet detachment completed tasks in Mediterranean Sea
10:59 Damen Maaskant Shipyards Stellendam celebrates 70 years and bids farewell to director Frits van Dongen
10:50 Detachment of RF Navy's Pacific Fleet completes visit to Republic of Korea
10:28 WMU holds needs assessment workshop in Jordan
10:02 Brent Crude futures price up 0.31% to $81.03, Light Sweet Crude – up 0.11% to $71.86
09:43 IMO ​pushing forward with tackling greenhouse gas emissions
09:17 Baltic Dry Index is up to 1,584 points

2018 October 15

18:23 MOL joins hands with partners to launch FOCUS project
17:59 Moscow to host a conference on construction of LNG-powered and LNG bunker ships on October 24
17:46 Algoma announces cancellation of Croatian newbuilds contracts
17:05 Klaveness Combination Carriers AS registered on NOTC
16:56 Tall ships arrive at Port of Ipswich as part of 'Race of the Classics'
16:37 Coast Guard ends search after plane crash victims bodies are located
16:20 Krasnoye Sormovo shipyard delivers 8,140 DWT Pola Fiva, fifth dry cargo carrier of Project RSD59
16:04 DNV GL leads consortium to update Carbon Trust Floating LiDAR Roadmap
15:34 East Mediterranean projects take steps towards adoption of alternative fuels
15:04 NYK approves Japan Climate Action Summit declaration
14:51 Wärtsilä LNG solutions featured on environmentally advanced cruise ship
14:35 Coast Guard sets port condition X-ray in Georgia, South Carolina
14:17 Andrey Shunin appointed as General Director of Caspian Energy Management
13:28 Cooperation for sustainable shipping in the Mediterranean
12:41 ACL christens its newest G4 vessel, the Atlantic Sun
12:13 Kongsberg Digital and KPMG launch new complete cybersecurity partnership for the maritime industry
11:55 Nevsky Shipyard took part in Offshore Marintec Russia
11:19 ABS leads industry discussion on digitization, safety and compliance
11:12 New shipping route links Gdansk and Scandinavia
10:51 Port of Gdansk considered as transport hub for Slovakia
10:29 Brent Crude futures price up 1.21% to $81.4, Light Sweet Crude – up 1.04% to $72.08
10:10 Tuco Marine Group to build a multipurpose first responder boat for Hovedstadens Beredskab I/S
09:53 Baltic Dry Index is up to 1,579 points
09:34 Gazprom and Shell discuss next steps in Baltic LNG project
09:15 Throughput of port Helsinki (Finland) in 9M'18 up 8.4% Y-o-Y to 11.38 million tonnes (table)
08:07 PIL terminates all calls to Iran due to US sanctions
07:06 ChainPORT hackathon held for the first time simultaneously in the ports of Antwerp and Los Angeles
06:16 Vinalines posts profit of US$900,000 in the first nine months of 2018

2018 October 14

09:19 CMA CGM announces FAK rates from Asia to North Africa
09:17 CMA CGM announces FAK rates from Asia to the Mediterranean
09:16 Port of Corpus Christi moves record tonnage in first nine months of 2018
09:12 Port of New Orleans receives Excellence Award for Master Plan

2018 October 13

09:06 OOCL fleet moves forward to meet IMO 2020 regulation
09:04 CMA CGM announces FAK rates from Asia to North Europe
08:56 Algoma announces cancellation of Croatian new build contracts
08:54 Panama Canal sets record annual cargo tonnage in fiscal year 2018

2018 October 12

18:07 Port of Antwerp on track for sixth record year
17:36 Strengthening of Kaliningrad seaway canal's embankment included in Russia’s territorial development strategy through 2025
17:08 Stena Bulk in partnership with Bay Crest Management for expansion in Asia
16:04 Groundbreaking ceremony marks start of work at DP World Berbera in Somaliland
15:52 LNG Croatia invited bids for import LNG terminal infrastructure
15:35 Azerbaijan Caspian Shipping Company continues expanding its operations in international waters
15:03 Maersk Line announces an increase in FAK rates from Far East to North Europe
14:47 Minister Berner: Finland strives to reduce emissions from shipping
14:03 CMA CGM to introduce new quarterly BAF for long term contracts from 1st of January 2019