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CSD Willem van Rubroeck Arrives in Poland
Business & Finance

CSD Willem van Rubroeck Arrives in Poland

Jan De Nul Group’s largest cutter suction dredger (CSD) Willem van Rubroeck has successfully arrived at the Remontowa shipyard in Gdansk, Poland. The trip on board of the semi-submersible transport vessel ‘Hua Yang Long’ took 2.5 weeks. The vessel was unloaded offshore and then towed to the shipyard

about 6 years ago
UK approves IOG’s plan for North Sea development
Business & Finance

UK approves IOG’s plan for North Sea development

The UK Oil & Gas Authority (OGA) has approved IOG’s field development plan for the Core Project Phase 1 located in the UK North Sea.

about 6 years ago
All Set for Cobourg Harbor Dredging
Business & Finance

All Set for Cobourg Harbor Dredging

The Town of Cobourg, ON, will begin its annual spring removal of built-up sediment in the Cobourg Harbor in the following days. Each year, a significant amount of silt and sediment is carried along the north shore of Lake Ontario by waves and currents and deposited at the mouth of the harbor and wit

about 6 years ago
Dredging Accident Caught on VIDEO
Business & Finance

Dredging Accident Caught on VIDEO

Dredging Today team has just found this frightening video of an accident during a dredging project. The man operating the excavator had just jumped out of the cab at the last minute. Unfortunately, equipment fails and drownings are common accidents among dredge workers. Each type of dredger uses spe

about 6 years ago
Southeast Ohio Boat Ramp Projects Include Dredging
Business & Finance

Southeast Ohio Boat Ramp Projects Include Dredging

Three southeast Ohio boat ramps at Fox Lake, Tycoon Lake and Lake Rupert will receive renovations this spring, according to the Ohio Department of Natural Resources (ODNR) Division of Wildlife. Work is scheduled to begin this month and conclude by the end of August. The boat ramp at Tycoon Lake in G

about 6 years ago
Polarcus
Business & Finance

Polarcus shrinks deficit; preps for market uncertainty

Marine seismic player Polarcus has cut its deficit in Q1 2020 despite slightly lower revenues on improved pricing compared to prior year. The Oslo-listed company reported loss for the Q1 2020 of $4.2 million, on revenues of $66.3 million, versus loss of $5.3 million and revenues of $67.1 million in

about 6 years ago
Fugro
Business & Finance

Fugro to downsize workforce by 10 per cent

Dutch subsea and survey specialist Fugro said it will reduce its workforce by up to 10 per cent due to challenging market situation. The company posted loss before interest and taxes of €26 million for the first quarter 2020, against loss of €19 million in Q1 2019. Fugro recently announced a program

about 6 years ago
Transocean Endurance
Business & Finance

Impairments take Transocean deeper into the red

Transocean recorded a wider loss in the first quarter of 2020 when compared to the same period last year due to impairments on assets.

about 6 years ago
Completion of Parker Island Dredging in May
Business & Finance

Completion of Parker Island Dredging in May

Dredging work in the area of Parker Island off Beach Haven is expected to be completed by Memorial Day weekend – Monday, May 25, The SandPaper reports. Commenting the latest announcement, Steve Schapiro, NJDOT spokesman, said that the 4.3-acre island, located in the bay west of Morrison’s Marina, is

about 6 years ago
Gasum closes Linde's LNG and biogas business buy
Business & Finance

Gasum closes Linde’s LNG and biogas business buy

The Nordic energy company Gasum closed the acquisition of Linde’s LNG and biogas business in Sweden and Norway.

about 6 years ago
Sangomar project development
Business & Finance

FAR to sell Sangomar stake after failure to secure financing

FAR Limited has said it is unlikely it will be able to finance its part of the Sangomar project development in Senegal. Therefore, FAR has started a process to sell all or part of its working interest in the project.

about 6 years ago
Frederikshavn: Removal of Old North Breakwater Underway
Business & Finance

Frederikshavn: Removal of Old North Breakwater Underway

Removal of the old north breakwater has officially started, Port of Frederikshavn, Denmark, said in their latest announcement. The entire north breakwater incl. the breakwater head is to be removed in connection with the establishment of the new quay area by Østre Kaj, which is to create space for O

about 6 years ago
KrisEnergy secures loan for project offshore Cambodia
Business & Finance

KrisEnergy secures loan for project offshore Cambodia

Singapore’s independent oil and gas company KrisEnergy has entered into a credit facility agreement with Kepinvest Singapore to fund the near-term development project in Cambodia’s offshore Block A.

about 6 years ago
VIDEO Mud Cat Busy in Colorado
Business & Finance

VIDEO Mud Cat Busy in Colorado

Mud Cat Dredges has just released this beautiful video about their Mud Cat Model MC 40E Dredge, used to clean out a lake in Colorado. The MC 40E is pumping to multiple centrifuges for rapid mechanical dewatering on shore. According to Mud Cat, the radio remote control system allows the operator to m

about 6 years ago
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