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Contracts

MTU Engines First Choice for Emirates Boatbuilder

MTU distributor Al Masaood and Arabian yacht builder Gulf Craft sign preferred partner agreement. Under the agreement, the Arabian shipyard Gulf Craft will soon offer MTU Series 2000 and 4000 engines in its Majesty…

Legal

Latest NATO Piracy Update

NATO Shipping Centre identifies a new area of piracy concern within the Gulf of Oman. All 22 hostages from the MV Iceberg 1 have now been released from pirate captivity. They had been held since the Iceberg 1 was pirated…

Shipbuilding

Korean Shipyard Wins LNG Carrier Contracts

Hyundai Heavy Industries (HHI) & its affiliated shipyard obtain orders totalling US$1.05 billion to build five liquefied natural gas (LNG) carriers. One of the LNG carriers of 155,000-cubic-metre capacity and worth…