Japanese utility, Tokyo Gas revised its results forecast as it is set to book a total of ¥28.4 billion ($262.7 million) impairment losses for the year ended March 2020.
Italian oilfield contractor Saipem sank into the red in the first quarter of the year dragged down by impairments in the Offshore Drilling division.
Working on behalf of the Environment Agency, Mackley is delivering emergency flood prevention works to protect the historic town of Sandwich in Kent. Sandwich lies close to the coast on the River Stour, and a short section of approximately 35 metres of the river wall at Pillory Gate Wharf was identi
Tucson Water, a department of the City of Tucson, Arizona, temporarily reduced the flow of the Santa Cruz River Heritage Project earlier this week, and now the Pima County Regional Flood Control District can remove sediment from the river channel that has accumulated over the last 30 years, Tucson W
J.E. McAmis said in its latest announcement that their crews in Longview, WA yard are putting a new timber deck on the ABS Deck Barge – Ellis Island. The Ellis Island (250′ x 76′) will be put into service at the Mouth of the Columbia River to provide critical infrastructure at the South Jetty for [&
The U.S. Army Corps of Engineers Philadelphia District’s deep-draft hopper dredger McFarland is back home at Fort Mifflin after undergoing extensive repairs in Norfolk, VA. According to USACE’s latest announcement, the dredger will soon be working again on the Delaware River. One of four oceangoing
The U.S. Army Corps of Engineers, St. Paul District, is proposing to construct a habitat rehabilitation project at the head of Lake Pepin on the Mississippi River, located in Pierce County, Wisconsin, using material dredged from the Mississippi River. The Corps released its draft Environmental Asses
The United States exported fever liquefied natural gas cargoes in the week ending April 22 when compared to the week before, according to the Energy Information Administration. The agency said in its weekly gas natural gas report that 13 LNG cargoes were dispatched from five US terminals between Apr
Weeks Marine and Eastern Shipbuilding Group (Eastern) have signed a contract to construct a sister ship to Weeks Marine’s TSHD Magdalen, the twin screw trailing suction hopper dredge built by Eastern and placed into service in 2018. The new vessel will be constructed at Eastern’s Allanton Panama Cit
Dubai-based port and terminal operator DP World had a robust performance in the first quarter of the year with the like-for-like throughput broadly flat year-on-year. The port operator handled 17.2 million TEU across its global portfolio of container terminals in the first quarter of 2020, with gros
The New Jersey Wind Council has released a report detailing plans for creating the Wind Innovation and New Development (WIND) Institute. The WIND Institute will serve as a center for education, research, innovation, and workforce training related to the development of offshore wind in New Jersey and
Danish bulker operator Clipper Bulk A/S has launched cost-cutting efforts to combat historically low freight markets caused by the Covid-19 pandemic, which will include job cuts. The company said it would axe 24 out of 91 jobs ashore by the end of April, with the majority impacting the head office i
Lamprell and ScottishPower Renewables have reached a final settlement with regards to the close-out of the East Anglia One project. The final settlement will result in a cash payment to Lamprell of USD 18.9 million in May 2020, the UAE-based offshore engineering and fabrication company said. In addi
As part of land reclamation for the new Lugaport Terminal, Group of Companies Novotrans has successfully completed the sheet piling and sand filling operations. The volume of money currently invested into the project by the holding exceeded $80 million. Commenting the latest milestone, Konstantin Go
