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Despite challenging market conditions caused by global geopolitical tensions, ADNOC Logistics and Services delivered a resilient performance in the first quarter of 2026. The company recorded EBITDA of US$368 million (AED 1.353 billion) for the first three months of 2026, up 7%, while net profits rose 20% to US$222 milli...
AD Ports Group and leading petrochemicals company Borouge have signed an agreement to collaborate on establishing an alternative export hub on the UAE’s East Coast. The initiative will capitalise on AD Ports Group’s Fujairah Terminals and Eastern Ports facilities in the UAE, while assessing the development of dedicated polyol...
Dubai-based Tomini Group has taken delivery of Tomini Pine following its handover from Imabari Shipbuilding in Japan in April this year. The 63,684 dwt Ultramax bulk carrier will operate under a five-year time charter agreement with Daido Kaiun.
The addition of Tomini Pine reflects Tomini Group’s continued ...
A newly created consortium, the Consortium of UAE Shipbuilders, aims to create a platform to strengthen the development of shipbuilding, vessel repair, fabrication and marine engineering services in the UAE maritime industry.
The consortium brings together an initial group of national industry players spanni...
NMDC Dredging & Marine has inaugurated the NMDC Coastal & Hydrodynamic Center, the region’s first hydraulic physical modelling test facility, bringing advanced coastal and marine engineering validation in-country and reducing reliance on international laboratories. The purpose-built facility enables the simulation an...