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Global: P&O Maritime Logistics (POML), a subsidiary of Dubai-based terminal operator DP World, will acquire a 51% controlling stake in NovaAlgoma Cement Carriers’ wholly owned cement assets, according to Offshore Energy news. POML has entered a definitive agreement with NovaAlgoma Cement Carriers, the joint venture between Canada’s Algoma Central Corporation and Italian-Swiss Nova Marine Group.
The deal excludes NovaAlgoma’s joint venture interests in Northern Europe, Indonesia and Greece. NovaAlgoma will retain a 49% minority interest to be held in a new entity based in Dubai (NACC). Vessel operations will remain unchanged under current commercial and technical management, the companies said. NovaAlgoma's cement assets serve key infrastructure markets across North America, Europe, the Mediterranean, South Asia and the Caribbean.
Nova CEO Vincenzo Romeo said “We’re excited about the opportunities this partnership with DP World brings. It will allow us to expand the geographic reach of our fleet and better serve global logistics demands.” He added “NACC’s pneumatic cement carriers play a vital role in supporting the construction industry, delivering cement powder for infrastructure projects, now to even more regions around the world.”
UAE: Dubai Municipality has launched the world's first system for certification and conformity marks in the field of 3D printing in the construction industry. The Municipality says that this will serve as a proactive measure to streamline procedures and improve the quality of concrete mixes used in factories licensed and operating in the Emirate and that it will play a ‘pivotal role’ to advance Dubai’s leading position for cutting-edge and sustainable construction technology.
Dawoud Al Hajri, Director General of Dubai Municipality, said “The certification and conformity mark system for factories and entities operating in the field of 3D printing for construction has been comprehensively established in alignment with Dubai Municipality’s proactive vision. This system embraces international best practices to provide exceptional services to both individuals and the community, thereby enhancing Dubai's global reputation and aligning with Dubai Municipality’s strategic objectives outlined in Dubai's 2030 Plan. Additionally, the system supports Dubai’s 3D printing strategy, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The strategy aims to utilise technology for the advancement of humanity and position the UAE and Dubai as prominent regional and global hubs for 3D printing technology.”
Alia Al Harmoodi, chief executive officer of the Environment, Health, and Safety Agency at Dubai Municipality, highlighted that the main focus of the new system includes assessing product and raw material quality, ensuring the efficiency of manufacturing equipment and machinery, defining technical standards of manufacturing operations at every stage of production, and ensuring efficiency of management systems within factories.