While world market prices of oil are currently sitting at about a third of those enjoyed at the commodity’s peak less than 12 months ago, plenty of producers can still make profits at current levels.
This fact is strongly emphasized by huge investments … March 29, 2009
Thanks to the generosity of the Arab Ship Repair Yard (ASRY), exhibitors at and visitors to next month’s Work Boat Gulf Exhibition and seminars will have a chance to take a close look at the heart of Bahrain’s maritime industry.
“Our good friends … March 22, 2009
An extensive program of practical, useful product presentation seminars will
be held alongside the Work Boat Gulf Exhibition in Bahrain on April 6 and 7, 2009.
Leading experts from eight countries, including the Kingdoms of Bahrain and Saudi Arabia, … March 18, 2009
In the three years since they last managed a maritime event in the Middle East, the organizers of April’s Work Boat Gulf Exhibition have noticed a distinct broadening of the local work boat market. It has become considerably more worldly.
“Whereas … February 15, 2009
Despite the Wall Street “meltdown” and the recent 60 percent drop in the price of oil, the demand for work boats, tugs, and offshore service vessels remains strong in the Arabian Gulf.
“The oil- and gas-producing states have not reduced their … December 1, 2008