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Business & Finance

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DredgingFossil EnergyAlternative FuelsFloating SolarOTECTidal & Wave EnergyEventsSubseaEquipmentGreen MarineVesselsOperations & Maintenance
Furman Lake Restoration Project Set for Next Month
Business & Finance

Furman Lake Restoration Project Set for Next Month

If left to its own devices Furman Lake in Greenville, SC, would quietly disappear, fading back into the two streams that created it when they were dammed in the 1950s. That’s why Furman is set to embark on a lake restoration project beginning on or around March 9. “When you slow water down, particul

about 6 years ago
ADNOC looking to expand carbon capture utilization and storage efforts
Business & Finance

ADNOC looking to expand carbon capture utilization and storage efforts

ADNOC has decided to build on its position as one of the least carbon-intensive oil and gas producers in the world by expanding its CCUS program, according to Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of ADNOC.

about 6 years ago
OPIN to Hold Its Second Annual Symposium in Nantes
Business & Finance

OPIN to Hold Its Second Annual Symposium in Nantes

Ocean Power Innovation Network (OPIN) will be holding its second Annual Symposium in Nantes on June 11, 2020. The OPIN Annual Symposium will provide an update on OPIN’s goals and the different supports available, a brainstorming session on potential working groups to be funded by OPIN, and a network

about 6 years ago
Helix Energy returns to quarterly profit
Business & Finance

Helix Energy returns to quarterly profit

Houston-based offshore services company Helix Energy Solutions managed to return to quarterly profit on the back of higher revenues.

about 6 years ago
Global Offshore Beefs up Normand Clipper
Business & Finance

Global Offshore Beefs up Normand Clipper

Global Offshore, part of Global Marine Group, is currently customising the construction support vessel (CSV) Normand Clipper. The vessel, on long-term charter from Solstad Offshore, will be operational within the first quarter of this year. The Normand Clipper is being fitted with a 4,000 tonne cabl

about 6 years ago
StealthGas
Business & Finance

StealthGas Forms New JV to Boost Presence in MGC Segment

StealthGas is to form a new joint venture that would acquire three secondhand midsize gas carriers (MGCs).

about 6 years ago
Citavecchia Italy
Business & Finance

Contship Italia’s Terminal Operations Unaffected by Coronavirus Outbreak in Italy

Contship Italia Group announced that its terminal operations are not affected by the rise in coronavirus cases in Italy.

about 6 years ago
DNV GL
Business & Finance

MSC’s 23,000+ TEU Class Ships First to Get DNV GL FCS Notation

DNV GL awards a new class notation to Mediterranean Shipping Company to mitigate fire risks on containerships.

about 6 years ago
DENR Breaks Ground on Tullahan Dredging Scheme
Business & Finance

DENR Breaks Ground on Tullahan Dredging Scheme

The Philippines Government’s Department of Environment and Natural Resources (DENR) started the dredging operations for the Tullahan-Tinajeros River System on Sunday. “Cleaning the Tullahan River will make Manila Bay easier [ease the efforts of the government and volunteers in reviving the beauty of

about 6 years ago
Chartwell Launches Scanwell Shallow Draft Survey Vessel
Business & Finance

Chartwell Launches Scanwell Shallow Draft Survey Vessel

Chartwell Marine, a pioneer in next-generation vessel design, has announced the launch of their Scanwell shallow draft survey vessel. The Scanwell range is available in multiple hull sizes – 10m, 12m, 15m and 19m – enabling use in a wide variety of applications, such as offshore energy, port infrast

about 6 years ago
Tanker
Business & Finance

Euronav Sells One of Its Oldest Suezmaxes

Euronav NV has decided to dispose of one of its oldest Suezmax vessels, the 2003-built Finesse.

about 6 years ago
Reach Subsea Sinks Deeper in Red
Business & Finance

Reach Subsea Sinks Deeper in Red

Norwegian contractor Reach Subsea has widened its quarterly loss as utilization of assets fell against prior-year comparable period. For the fourth quarter 2019, Reach booked loss of close to NOK 25 million on revenues of NOK 107 million, versus loss of NOK 6 million, on revenues of NOK 190 million

about 6 years ago
Closure of Ohio & Erie Canal Towpath Trail Section Extends
Business & Finance

Closure of Ohio & Erie Canal Towpath Trail Section Extends

The National Park Service (NPS) will extend the closure of a section (between Station Road Bridge Trailhead and Frazee House) of the Ohio & Erie Canal Towpath Trail in Brecksville and Valley View. The trail section was closed February 10-21 for canal dredging, and additional time is needed to comple

about 6 years ago
DP World
Business & Finance

DP World Acquires Multipurpose Deep-Sea Marine Terminal in Canada

DP World completes the acquisition of Fraser Surrey Docks.

about 6 years ago
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