Despite some offshore vessel owners laying up as much as 30% of their fleets rates in the sector have still not stabilised.

UAE-headquartered rigbuilder Lamprell reported a more than halving of net profit the H1 2015, and is bidding for $5.2bn in new projects with a greater focus on the Middle East.

Gulftainer’s Canaveral facility in Florida will only achieve its full potential if the US authorities approve a railway link connecting it to the rest of the State, its top official tells Seatrade Maritime News.

Ro-ro volumes grew 19% at Khalifa Port Container Terminal (KPCT), Abu Dhabi, in 2014, as the emirate transferred all ro-ro cargo to the facility.

DP World has announced an 11% increase in profit to $675m for 2014, as throughput and revenues rose at the terminal operator.

NewLead Holdings has inked a Contract of Affreightment (COA) for the first of five bitumen tankers the company recently acquired.

An analysis of the sub-trades on the westbound Asia-Europe corridor shows that trade from Asia to the Middle East and Indian Subcontinent (ME&ISC) is growing rapidly, and could even overtake the size of Asia-Europe direct volumes within a decade...

While GCC port throughput will grow at 7% CAGR to 35m teu in the six years to 2020, capacity is expected to jump from 30-45m teu, keeping capacity utilisation in the 70-80% band during the period, the UAE’s top port official said last week.

Imtech has launched an investigation into sales activities at Imtech Marine in the UAE that could have breached export controls and sanctions regulations.

What are the implications of Gulftainer's ground-breaking entry in the US in June? Five months on, Seatrade Global spoke to four of the world's leading ports consultants to find out.