After almost 40 years of discussion and planning, Bridgeport Harbor Marina, just off Long Island Sound in Connecticut, is now open, Marina Dock Age reports. The marina – part of the Steelpointe Harbor development – is located on an old industrial/commercial site in Bridgeport. The site required dred
Oceaneering board has approved voluntary base salary reductions of the executive management and other members of senior management. Effective 1 May, the company’s CEO Roderick A. Larson agreed to base salary reduction of 15 per cent. Base salaries for executive level, including the executive leaders
Norwegian vessel owner Solstad Offshore has entered into medium-term contracts for six of its vessels with undisclosed clients.
Damen Shipyards has just released this beautiful video about their DOP250 dredge pump on a wire crane, doing a beach replenishment job on the Mediterranean coast in Italy. Due to coastal erosion the beach in the Gulf of Follonica has diminished rapidly, said Damen. The DOP submersible dredge pump ha
The Pelletier Creek harbor dredging project, located in Morehead City, NC, was successfully wrapped up last week, the Carolina Coast Online reports. According to Morehead City Planning Director Sandi Watkins, the actual dredging work began on April 21 and was complete Tuesday. Final surveying work a
Xodus Group has appointed Nigel Underwood as a new manager to head up the company’s London subsea and pipelines division. Nigel Underwood will oversee Xodus’ international subsea and pipelines work, from concept through to detailed design and delivery. Underwood joins Xodus from Petrofac, where he w
BW Energy has experienced a delay in hook-up operations of a well in the Dussafu Marin Permit, offshore Gabon, due to the coronavirus crisis.
The Peel Marina dredging program, located in the town of Peel, Isle of Man, is moving forward according to schedule, Land & Water just announced. “As part of a large-scale project, we have constructed a temporary draining lagoon in a field upstream of the marina. Now, our team is using a long reach
Abu Dhabi-based Gulf Marine Services (GMS) has turned down a USD 32 million takeover offer from Seafox International saying that the offer ”fundamentally undervalues GMS”. As reported earlier, Seafox submitted an unsolicited and non-binding possible cash offer for the entire issued and to be issued
Ocean Power Technologies (OPT) has recently received $0.9 million of non-dilutive funding through the New Jersey Economic Development Authority (NJEDA). This specifically enables companies to raise funding to finance their growth and operations. NJEDA and the New Jersey Department of the Treasury’s
The U.S. Army Corps of Engineers, Detroit District announced recently that a new dredging season has kicked off with the first contractor, Ryba Marine, mobilized for the season. According to the Corps, dredging began at the Pointe Mouillee Access Channel and East Outer Channel on the Fiscal Year 201
Swedish wave developer Seabased is joining the Ocean Energy Europe board of directors as a lead partner. As a member of the board, Seabased VP Marcelle Askew will play an role in steering the strategic direction of the association and in ensuring that wave energy reaches its full industrial potentia
ExxonMobil booked a quarterly loss due to asset impairments amid lower oil prices while its production was up by 2 per cent.
Orca Oceanic Systems (OOS), an equipment and dive system company, has secured three contract awards during the month of April. The contracts are adding in excesses of £1.75 million to OOS’s order backlog for 2020. Mike Masson OOS’s managing director said: “It is a monumental achievement by the OOS t
