INSEAD Day 4 - 728x90

ship

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings
  • Ship that blocked Suez to be released

    The 200,000-tonne MV Ever Given got stuck diagonally across the canal during a sandstorm on March 23 Egypt retained the ship seeking compensation from Japanese firm Shoei Kisen Kaisha for lost canal revenues The megatanker Ever Given that Egypt has retained since it blocked the Suez Canal in March is...
  • Compensation deal reached over Suez Canal ship

    The blockage that lasted a week had disrupted global shipping Details of the deal have not yet been disclosed     Egyptian authorities and the owners of the container ship that blocked Suez Canal back in March have reached a settlement, media reports said on Wednesday. Details of the deal...
  • Abu Dhabi Ship Building wins $952m UAE Navy contract

    The company will build four Falaj 3-class Offshore Patrol Vessels used to carry out a wide range of missions Chairman Khalid Al Breiki calls the order, company's biggest ever, a 'resounding vote of confidence' from the Ministry of Defense, UAE Navy Abu Dhabi Ship Building (ADSB), a leader in the...