News & Events
 
Jagdish Khokhar/ Abhay Ocean

Please be informed that Mr Jagdish Khokhar / Abhay ocean India pvt Ltd is no longer associated with our company , Project Arabia .

For any association / dealing with him ,we are not responsible .

Should you need to have any clarification please feel free to contact us by email / p...

 
Jagdish Khokhar/ Abhay Ocean

Please be informed that Mr Jagdish Khokhar / Abhay ocean India pvt Ltd is no longer associated with our company , Project Arabia .

Kindly be aware /cautious of any association with him .

For any association / dealing with him ,we are not responsible .

Should you need to ha...

 
2 NO'S SMALL TUG FOR SALE EX U.A.E(VERY GOOD PRICE )

2 TUGS , SMALL SIZED GOOD AS SUPPORT VESSEL/TUG FOR DIVING -DREDGING -MARINE SUPPORT . FAIRLY GOOD CONDITION .

PRICE ONLY : USD 30,000 EACH AS IS WHERE IS AND EX-YARD IN UAE.

FULL DETAILS IN HAND

...

 
India: Owner Untraceable, Salvor Threatens to Sell Tanker MT Pavit - 19th August,2011

Three days after MT Pavit was towed away from Juhu beach to Dighi port in Raigad for repairs, the ship’s Dubai-based owners and managers are untraceable, the salvage company has alleged. The company threatened today to sell the 999-tonne tanker if its dues, running into crores of rupees, ...

 
Indian Navy Rescues Iranian Merchant Vessel from Pirate Attack -16th August,2011

The Indian Navy on Monday foiled a piracy attack after rescuing an Iranian merchant vessel MV Nafis-1, approximately 170 nautical miles west of Mumbai.

The vessel was located by the Navy’s Maritime Reconnaissance aircraft on August 12, and was thereafter kept under contin...

 
The Shipping Corporation of India Ltd. (SCI) accepted delivery of a Supramax Bulk carrier, m.v. Vishva Malhar on 10th August, 2011.

SCI had signed contracts for acquisition of two Supramax bulk carriers on resale basis which were originally contracted by M/s Grand Yard Investment Pvt. Ltd., China and were under construction at M/s Guoyu Shipyard, China. SCI had signed contracts for these two resale vessels during April 2011. ...

 
Dubai's Port & Free Zone said to be raising US$850 million to refinance debt- 10th Aug,2011

UAE. Port & Free Zone World FZE, the holding company for Dubai-based ports operator DP World Ltd. (DPW), is raising US$850 million from a syndicated loan to refinance debt, three bankers familiar with the plan said.

The five-year loan has conventional and Islamic portions and pays a ...

 
India: Larsen & Toubro Bags Two Orders Worth USD 639 Million - 8TH AUGUST,2011

Larsen & Toubro Limited (L&T) has bagged two orders worth USD 639 million from UAE.

One order is from Abu Dhabi Gas Industries Limited (GASCO) for its Habshan-Ruwais-Shuweihat Gas Pipeline Project. Valued at around USD 189 million, it involves EPC...

 
India’s Overseas Maritime Plan Takes Shape --29th July,2011

India is set to go places with its overseas maritime plans. The Centre plans to float a company – Indian Ports Global – along the lines of Dubai Port World and Port of Singapore (PSA), to invest in overseas ports. The company will be allowed to raise Rs 3,000 crore tax-free bonds.

Besides...

 
Adrift Vessel evades Indian Radar - 3rd Aug,2011

Authorities will look into how m.v. Pavit, the unmanned, adrift vessel found grounded off the city’s Juhu-Versova beach, evaded the radars of all the three agencies taking care of coastal security — the Navy, the Coast Guard and the marine police.

“We will see in our ...

 
Port of Salalah set to begin sea-air freight services ( 2nd August 2011 )

Oman's Port of Salalah is set to launch sea-air freight services from Salalah Airport as it looks to take a share of the potentially lucrative market currently dominated by Dubai, Muscat Daily has reported. The service consists of freight from the Far East and South East Asia transferred fro...

 
Suez Canal Revenues Hit Record High ( 3rd August,2011 )

Egypt's Suez Canal Authority has said an upsurge in global shipping has propelled revenues for the waterway to a record high of $5.05bn in the 2010/11 fiscal year, Ahram has reported. Traffic through the canal rose 11.3% during the fiscal year 2010/2011 due to a revival in world trade, it sa...