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Shipping and Port

GulfNav to buy stake in offshore service provider Atlantic

United Arab Emirates (UAE) based shipping company Gulf Navigation (GulfNav) is planning to buy a majority stake in integrated offshore supply service provider Atlantic Navigation Holdings (Singapore) for an undisclosed sum. The proposed acquisition is expected to help GulfNav to provide key project solutions and offshore services to major oil ...

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DP World and India’s NIIF set up investment platform

Dubai-based port operator DP World and the Indian Government’s fund-managing entity, the National Investment and Infrastructure Fund (NIIF), have created a new investment platform for ports, terminals, transportation and associated businesses in India. The new platform is expected to invest up to $3bn of equity in order to acquire assets ...

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Port of Rotterdam commissions new hybrid vessel

The Port of Rotterdam in the Netherlands has commissioned the new hybrid patrol vessel RPA 8 that was built by Kooiman Group in Zwijndrecht. The new 25m-long boat can run on both diesel and diesel-electric power and replaces the previous RPA 3, which had reached the end of its technical ...

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