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Qatargas chartered LNG ships carry out the first Ship-To-Ship (STS) transfer operation of LNG between two Q-Flex type ships following an incident involving one of the ships while transiting the Singapore straits. Whilst there were no reported injuries to personnel or impact on the environment, the incident did result in minor damage to the vessel.

Abu Dhabi Ship Building gains as its annual net profit soars

: Wednesday, April 02 - 2014 @ 17:05

The Abu Dhabi Securities Exchange General Index (ADXGI) closed flat at 4,955.12 points on Wednesday, April 2. Abu Dhabi Ship Building (ADSB) gained 1.30 per cent to AED3.93. Earlier in the day, ADSB said its consolidated net profit in 2013 reached AED51 million ($13.9m), up from AED29m ($7.91m). Dana Gas was the most liquid gaining share, as the Sharjah-based energy firm ended up by 1.22 per cent at AED0.83.

Gérard Al-Fil

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Wednesday, April 2- 2014 @ 17:05 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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