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Business & Finance

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LNG carrier
Business & Finance

Yamal LNG Ships 30 Million Tons of LNG

Yamal LNG has shipped its thirty millionth ton of LNG since the commencement of the project.

about 6 years ago
CMA CGM containership
Business & Finance

Liners, Terminal Operators to Become Shareholders of Global Shipping Business Network

Nine ocean carriers and terminal operators have signed a shareholders’ agreement.

about 6 years ago
Mahanadi River Mouth Dredging Completed
Business & Finance

Mahanadi River Mouth Dredging Completed

Chairman of the Paradip Port Trust, Shri Rinkesh Roy, announced today the completion of dredging operations at Mahanadi River Mouth. This work was carried out by a dredger of Dredging Corporation of India Ltd. Chairman, of the PPT during his interaction with the Press today informed that there is a

about 6 years ago
Orca Oceanic Systems Welcomes New BD Director
Business & Finance

Orca Oceanic Systems Welcomes New BD Director

Orca Oceanic Systems (OOS) has appointed Stuart Forsyth as its new business development director. Forsyth takes on his new role to spearhead the growth of OOS as he brings with him more than 20 years of experience in the oil and gas industry encompassing both technical and commercial roles. “I am ex

about 6 years ago
Polarcus Posts Shrinking Losses, Growing Sales in 2019
Business & Finance

Polarcus Posts Shrinking Losses, Growing Sales in 2019

Marine seismic player Polarcus has cut its deficit in 2019 as improved market boosted the company’s revenues by 44 percent against 2018. The Oslo-listed company reported loss for the 2019 of $10 million, on revenues of $290.6 million, versus loss of close to $32 million and revenues of $202.2 millio

about 6 years ago
Odfjell Drilling posts smaller profit despite higher revenues
Business & Finance

Odfjell Drilling posts smaller profit despite higher revenues

Odfjell Drilling posted a decrease in quarterly profit despite increase in revenues driven by mobile offshore drilling units segment.

about 6 years ago
Kobelco Unveils New Generation of Excavators
Business & Finance

Kobelco Unveils New Generation of Excavators

Kobelco Construction Machinery Europe B.V. (KCME) has announced the arrival of the SK140SRLC-7 – a 14-tonne excavator that delivers enhanced efficiency and productivity through harmonization of mechanical power, operation speed and overall machine design. The SK140SRLC-7 is of a new generation of ex

about 6 years ago
Orion Reports Fourth Quarter and Full Year 2019 Results
Business & Finance

Orion Reports Fourth Quarter and Full Year 2019 Results

Orion Group Holdings, Inc. has reported a net income of $0.2 million ($0.01 diluted earnings per share) for the fourth quarter ended December 31, 2019. “Our fourth quarter was a solid finish to a year of significant progress for Orion,” stated Mark Stauffer, Orion Group Holding’s President and Chief

about 6 years ago
Polarcus still in red, but riding the wave of strongest backlog since 2014
Business & Finance

Polarcus still in red, but riding the wave of strongest backlog since 2014

Seismic services player Polarcus posted a loss of $19 million for the fourth quarter of 2019.

about 6 years ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Poles Target Offshore Wind Development Declaration

The Polish Wind Energy Association (PWEA) and the Polish Offshore Wind Energy Society (PTMEW) have established a cooperation to support the development of the offshore wind sector in Poland. The aim of the collaboration is to establish a multilateral Declaration of Cooperation for Polish Offshore Wi

about 6 years ago
Spirit of Tasmania
Business & Finance

Tasmania’s TT-Line Picks New Builder for Ferry Pair

Rauma Marine Constructions has been selected to build TT-Line Company’s Spirit of Tasmania ships.

about 6 years ago
tanker
Business & Finance

Frontline Bets on Strong Market Rebound once Coronavirus is Contained

Frontline posted the highest quarterly net income in more than eleven years.

about 6 years ago
Guardian Geomatics Joins Australia’s HIPP
Business & Finance

Guardian Geomatics Joins Australia’s HIPP

Guardian Geomatics has been appointed to Australia’s Hydroscheme Industry Partnership Program (HIPP). Guardian Geomatics will spend the next four years working alongside six industry leaders, acquiring and processing hydrographic, oceanographic and marine environmental data. The data acquired by the

about 6 years ago
Ørsted Hails First Borssele 1 & 2 Inter-Array Link
Business & Finance

Ørsted Hails First Borssele 1 & 2 Inter-Array Link

Danish developer Ørsted has seen the first inter-array cable set up at its Borssele 1 & 2 offshore wind complex in the Netherlands. Borssele 1 and 2 are located around 23 kilometers off the Dutch coast in 14 to 36 meters of water. The dutch offshore contractor Van Oord is responsible for the transpo

about 6 years ago
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