A new $2.5 million project to extend the secondary wharf at Berth 10 will make Townsville more attractive for car carriers, Port of Townsville said in their latest release. Townsville marine contractor Pacific Marine Group Pty Ltd (PMG) was successful in securing the contract to upgrade the importan
The U.S. Army Corps of Engineers will complete engineering and design resulting in a set of plans and specification ready for solicitation to deepen the last 2,571 feet the Galveston Ship Channel to 46 feet under a design agreement signed with the Galveston Wharves yesterday. If Federal construction
Swedish floating multi-turbine platform designer Hexicon AB and South African wind developer Genesis Eco-Energy Developments are joining forces to explore the development of offshore wind in South Africa. The development program will be carried out via a joint venture company in South Africa named G
Copenhagen-based shipping major A.P. Moller-Maersk has emerged strongly from the first quarter of 2020, having reported an underlying profit of $197 million from continuing operations. The results are being reported despite a strong impact of the COVID-19 which started to be felt in February amid ex
Borr Drilling has joined a growing list of offshore drilling contractors facing a possibility of being delisted from the New York Stock Exchange (NYSE).
The City of Newcastle, NSW, has prepared a draft Coastal Management Program (CMP) for Stockton in partnership with the local community, and the plan is on public exhibition for a month. According to their official announcement, “City of Newcastle continues to work closely with our Stockton Community
Offshore helicopter operator Bristow and its peer Era Group have created a new global organization structure and selected the executive leadership team for the combined company.
Louisiana Coastal Protection and Restoration Authority (CPRA) will host a webinar named ‘Sediment Diversions 101’ today. “Join Brad Barth, Mid-Basin Sediment Diversion Program Manager, for an interactive Sediment Diversions 101 presentation,” said CPRA. “We’ll give an overview on how these projects
The government of Ghana is pushing for a fast-track development of a new oil discovery made by domestic operator Springfield E&P through a unitization agreement between Springfield and Eni.
Subsea assets specialist Motive Offshore has increased turnover by 115 per cent in 18 months, boosted by its fabrication services. The company expanded its Aberdeenshire HQ fabrication activity and also rolled out across a number of key UK ports. This includes Peterhead, Aberdeen, Montrose and Blyth
Royal IHC was recently awarded a contract for the design and build of a water injection dredger (WID) for the North Carolina State Ports Authority (NCSPA). In line with NCSPA’s specifications, the dredger is designed to offer easy maintenance and a smooth operation. Other key design factors include
Offshore vessel provider Esvagt has decided to streamline its operations and reduce pay to its workers and management to combat the consequences of the decreasing energy prices and COVID-19.
Estonian ferry company AS Tallink Grupp has secured clearance from the government on the terms of a loan worth up to € 100 million ($108 million). The 3-year government loan is expected to help mitigate the economic pressures the company has been experiencing as a result of the COVID-19 impact on th
Seabed seismic player Magseis Fairfield has slightly widened its quarterly loss despite major revenue drop against the prior-year quarter. The Oslo-listed company generated Q1 2020 revenue of $53 million, down from $120 million same time last year. Revenue was also down from Q4 2019 revenue of $ 74
