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Smart Vessel Berthing System launched in Dubai

Dubai / WAM Dubai Customs has launched ‘Smart Vessel Berthing System’, a new disruptive berthing service for the vessels using the Dubai Creek (Khor Dubai). The vessels will load and unload their goods with the help of an advanced AI based service, built in-house by Dubai Customs employees to facilitate traffic of vessels through the historic waterway. The launch ceremony ...

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Schlumberger suffers credit hit as oil clients stick to cuts

Bloomberg Schlumberger Ltd had its debt rating lowered by S&P Global Inc as belt-tightening in the US shale patch translates into less drilling and fracking work for the world’s top oilfield services provider. The rating was cut a notch to A+, the fifth-highest invest grade, from AA-, S&P said. Its biggest rival, Halliburton Co., had its outlook revised to negative ...

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China projects confidence in economy amid trade war

Bloomberg China is strong enough to withstand the effects of the trade war with the US, according to statements over the weekend from current and former officials, putting forward a confident view of an economy which has been showing signs of weakness in the past few months. A top financial regulatory official and a vice information technology minister said the ...

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