Sign up
Log in Sign up
This is a legacy page. Please click here to view the latest version.
Mon 14 Apr 2008, 07:17 GMT

DME is named Exchange Newcomer of the Year


Leading exchange in the Middle East is congratulated for becoming 2008 Exchange Newcomer of the Year.

The New York Mercantile Exchange, Inc. has congratulated the Dubai Mercantile Exchange (DME) on being named 2008 “Exchange Newcomer of the Year”, by FOW, a leading global derivatives magazine. DME Chairman Ahmad Sharaf accepted the award in London last week.

The DME was honored by industry participants and the exchange community. Since its launch in June 2007, the DME has emerged as the premier international energy futures and commodities exchange in the Middle East, providing price transparency and market liquidity for crude oil from the world’s foremost oil producing and exporting region. The Dubai Mercantile Exchange lists the Oman crude oil futures contract, addressing the growing market need for price discovery of Middle East sour crude oil while simultaneously bridging the time-zone gap between Europe, Asia and North America.

The Dubai Mercantile Exchange Limited (DME) is a joint venture between NYMEX; Tatweer, a member of Dubai Holding; and the Oman Investment Fund (OIF).

Yellow oil with air bubbles illustration. Maximising lubricant value | Joe Star, VPS  

VPS Strategic Account Manager shares insights from the firm's database of lubricant oil results.
IBIA hiring graphic IBIA seeks marketing and events coordinator for remote role  

International Bunker Industry Association is recruiting for a dual-reporting position supporting global campaigns and event delivery.
Erdinc Altun and Pınar Kezer Kilinc. Arkas Bunker and DB Tarımsal Enerji present Turkish biofuel model at IMO seminar  

Turkish firms showcase integrated waste-to-fuel system with ISCC-EU certification at London technical seminar.
FSRU vessel render. Bureau Veritas grants approval in principle for five Hudong-Zhonghua gas carrier designs  

Approvals cover LNG and ethane carriers, an FSRU, carbon capture readiness and 3D classification.
Aerial view of Zhejiang Xinle Shipbuilding shipyard facility. Wärtsilä Gas Solutions wins LNG systems order for two 20,000-cbm bunkering vessels  

Technology group’s systems will be installed on vessels being built at a Chinese shipyard for a Hong Kong owner.
CIMC Raffles and Godby Shipping shipbuilding contract signing. Godby Shipping orders two Stream RoRo 1700 vessels with green technology focus  

Finnish operator places order at CIMC Raffles, with options for two additional ships.
Bunker Holding logo. Bunker Holding seeks student assistant for IT governance and contract team  

Danish marine fuel supplier recruits part-time student for IT governance role in Middelfart.
Maya Cosulich vessel at the Port of Ceuta during welcome ceremony. Vilma Oil Med deploys methanol-capable bunker tanker at Ceuta  

Maya Cosulich can carry methanol and biofuels, features dual-fuel capability and mass flow meter technology.
Claudene Sharp-Patel, Lloyd's Register. Anemoi Marine Technologies appoints Lloyd’s Register technical director to oversight committee  

Claudene Sharp-Patel brings maritime operational expertise to guide wind-assisted propulsion development.
Yanmar hydrogen engine test facility render. Yanmar to build hydrogen engine test facility in Japan by 2029  

Japanese engine manufacturer acquires land for new factory to develop next-generation marine fuel technologies.

↑  Back to Top


 Recommended