AD Ports Group a global enabler of integrated trade, transport, industry, and logistics solutions, has announced the formation of the Consortium of #UAE Shipbuilders, a unified platform across shipbuilding, vessel repair, fabrication, and marine engineering. The Consortium brings together an initial group of national industry players spanning shipbuilding, steel production, marine engineering, and fabrication, including… Read More
HOUSTON, May 18, 2026 /PRNewswire/ — McDermott International, Ltd (“McDermott” or the “Company”) today announced financial results for the first quarter 2026. For the three months ended March 31, 2026, revenue was $2.4 billion; adjusted EBITDA was $117 million; and cash flow used in operating activities was $126 million. Backlog at quarter end was $17.6 billion. Trailing… Read More
With a 36% increase in turnover compared to 2023, it seemed challenging to surpass 2024. Nevertheless, turnover in 2025 rose again by 6% and net profit by a significant 12% compared to 2024. CFO Jan Neckebroeck: “We are prepared for the future.” Maritime construction projects The maritime sector accounts for 74% of our turnover. This… Read More
Abu Dhabi, UAE; 20 May 2026 – NMDC Dredging & Marine, a subsidiary of NMDC Group (ADX: NMDC), has inaugurated the NMDC Coastal & Hydrodynamic Center, the region’s first hydraulic physical modelling test facility, bringing advanced coastal and marine engineering validation in-country and reducing reliance on international laboratories. Unveiled during Make it in the Emirates (MIITE)… Read More
Amsterdam, 20 May 2026 – Arcadis (EURONEXT: ARCAD), the world’s leading company in delivering data-driven sustainable design, engineering, and consultancy solutions for natural and built assets, confirms that all resolutions that were brought up for vote were adopted during its annual General Meeting earlier today. Heather Polinsky was appointed as CEO and chair of the Executive… Read More
