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Business & Finance

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Hyundai Heavy
Business & Finance

KSS Line Returns to Hyundai for 5th LPG Carrier

KSS Line placed an order for the construction of a new class 84,000 cbm VLGC at Hyundai.

about 6 years ago
Bengel and Deugniet to Work Together with Spartacus
Business & Finance

Bengel and Deugniet to Work Together with Spartacus

DEME Group is currently building two split barges, Bengel and Deugniet, with a large capacity of 3,500m³ designed specifically for working together with their larger cutter suction dredgers and in particular the mighty Spartacus, the most powerful cutter suction dredger ever built. The barges are mu

about 6 years ago
Saipem employees ‘stay at home’ over coronavirus fears in Italy
Business & Finance

Saipem employees ‘stay at home’ over coronavirus fears in Italy

Following confirmed cases of coronavirus in Italy, the Italian oilfield contractor Saipem has advised its employees to stay at home. The company has also canceled and reduced to the minimum all missions to and from the risk areas abroad.

about 6 years ago
tanker
Business & Finance

Eastern Pacific Shipping Orders MR Duo at Daesan

EPS has been linked to an order for up to four 50,000 dwt MR product tankers.

about 6 years ago
Saipem Takes Coronavirus Precautions
Business & Finance

Saipem Takes Coronavirus Precautions

Italian subsea services major Saipem is taking actions after the confirmed cases of Coronavirus on Italian territory. Since Friday 21 February, all employees with residence in the municipalities indicated by the Regions involved have been invited to stay at their home, avoiding social interactions.

about 6 years ago
Kosmos Energy swings to loss despite higher revenues
Business & Finance

Kosmos Energy swings to loss despite higher revenues

Kosmos Energy sank to a loss in the last quarter of 2019 despite a significant increase in revenues compared to the same period of 2018.

about 6 years ago
LNG carrier
Business & Finance

GTT Acquires Icelandic Smart Shipping Solutions Provider

GTT acquires 100% of the share capital of Marorka, an Iceland-based company specializing in smart shipping.

about 6 years ago
VDR
Business & Finance

Korean Prosecutors to Appeal MV. Stellar Daisy Ruling

Busan Prosecutors to appeal to a higher court regarding the sinking ore carrier MV. Stellar Daisy.

about 6 years ago
City of Newcastle to Prepare CMP for Stockton
Business & Finance

City of Newcastle to Prepare CMP for Stockton

The City of Newcastle Council has been directed to prepare its Coastal Management Program (CMP) for Stockton as an urgent matter of priority. Minister for Local Government Shelley Hancock said that the Council has been given until June 30 this year to complete its CMP to address the issue of erosion

about 6 years ago
Spotlight on River Bank Stabilization
Business & Finance

Spotlight on River Bank Stabilization

As the UK experiences torrential rain and storm-level events, The Rothen Group is stressing the importance of regular infrastructure works on an ageing canal and waterway network. Critical infrastructure projects such as bank stabilization, keeping overflow weirs free of rubbish and keeping on top o

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

Australia’s Maritime Union Launches Offshore Wind Campaign

The Maritime Union of Australia has launched a petition calling on the State and Federal Governments to support offshore wind and fund a just transition.

about 6 years ago
AGS Inks North Sea OBN Survey Deal
Business & Finance

AGS Inks North Sea OBN Survey Deal

Norwegian ocean bottom node seismic company Axxis Geo Solutions (AGS) has signed a letter of intent with an undisclosed oil company to start an OBN survey in the North Sea. The work is expected to begin in the second quarter of 2020, after fulfillment of certain conditions, AGS said in Monday’s Oslo

about 6 years ago
money
Business & Finance

Piraeus Bank, ORIX Corporation to Provide Financing for Greek Maritime Sector

Piraeus Bank, ORIX Corporation to provide financing solutions to the Greek maritime sector.

about 6 years ago
Wärtsilä Thrusters for Bokalift 2
Business & Finance

Wärtsilä Thrusters for Bokalift 2

Wärtsilä will deliver thruster solution for Boskalis’ vessel-conversion project to create the crane vessel Bokalift 2. The deal, secured in December last year, will see technology group supply four retractable steerable thrusters and thruster controls, as well as two tunnel thrusters. The retraction

about 6 years ago
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