New York Congressman Lee Zeldin announced yesterday that the Fire Island to Montauk Point (FIMP) Project continues to move forward and is now in its design phase. FIMP is an over $1 billion project that includes funding for essential dredging and shoreline projects spanning 83 miles of coastline, 80
Flex LNG announced its best-ever financial results with a net income of around USD 24 million for Q4 2019.
The Third Hydraulic Engineering Structures and Dredging Congress, hosted by the maritime industry media group PortNews, officially kicked off in Moscow today. The Congress includes the 7th International Dredging Forum and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”. The
The Takoradi Port dredging operations, aimed to create a deeper depth to make it easier for bigger vessels to dock at the port, have officially started, Ghana News Agency reports. The dredging works would see the depth increase to 16 meters from the current 11 meters, while an approximately one mill
Keppel Shipyard has delivered FPSO Abigail-Joseph to Yinson Nepeta Production Ltd.
AquaTerra Group has extended its capabilities with the acquisition of the trade and assets of subsea engineering and technology business SETS. Formed in 2011, SETS is a focused primarily on conductor inspection and integrity, repair and maintenance. The company designs, manufactures and implements r
The researchers estimated that if electricity prices are high, offshore wind could provide more than 1,000 terawatt-hours, or about 36 percent of all coastal energy demand. If electricity prices are low, it could provide more than 6,000 terawatt-hours, or 200 percent of total energy demand.
Ørsted has signed a Letter of Intent (LoI) with the Dutch non-profit organization Stichting Noordzeeboerderij to together work on combining offshore wind and nature-inclusive seaweed farms. The collaboration will see the parties working on combining mooring solutions with nature development in multi
Subsea 7 booked a loss in the last quarter of 2019 largely due to a $100 million impairment charge as its revenues dropped compared to the prior-year period.
Wisconsin Governor Tony Evers yesterday announced a $29 million Harbor Assistance Program grant for improvements needed at the Port of Marinette to allow for the production of the next generation of navy ships. Fincantieri Marinette Marine, a premiere shipbuilder located at the port, intends to cont
Genco is planning to sell ten Handysize vessels as part of its fleet renewal scheme.
The Getting to Zero Coalition identifies 4 focus areas to advance roadmap on shipping’s decarbonization.
Land & Water team is currently on site, working at the Royal Military Canal in Kent where they are desilting a stretch of this waterway. “Not only is the Royal Military Canal a historic piece of infrastructure, it is also a functional flood defense for the local area. As a result, specialist experti
Dolphin Drilling has secured a one well plus one optional well contract with Wellesley Petroleum for drilling work on the Norwegian Continental Shelf.
