The Center for Strategic and Budgetary Assessments (CSBA) recently completed its historic study of the American maritime industry and national security. Titled “Strengthening the U.S. Defense Maritime Industrial Base,” the study made several key points about America’s Jones Act. According to the Dre
The Trump administration has designated Rosneft Trading S.A.
Subsea technology and engineering firm Viper Innovations said it has booked record sales of its V-LIM cable integrity monitoring technology during 2019, almost trebling sales compared to that of the previous year. The company has increased its export sales overall by 20% and enjoyed significant grow
Singapore’s offshore rig builder Sembcorp Marine posted a bigger loss for 2019 when compared to 2018. Quarterly, the company went from black to the red as its revenues dropped by 32% amid low activity levels.
Vineyard Wind and Greentown Labs have established a partnership to run a Greentown Launch accelerator program focused on offshore wind innovations.
Cambodia: All 747 crew members on board Westerdam have tested negative for coronavirus.
DEME Group is currently carrying out several dredging projects in Southern European ports. ”Our trailing suction hopper dredger Breydel is deployed in Italy for the deepening of the inner channel and internal basin in the Port of Salerno, further improving the port’s access. Recently, we also carrie
While work to repair two sections of the Ala Wai Canal wall has been ongoing since last October, dredging to remove accumulated silt and sediments from the canal is scheduled to start sometime next week, reports Department of Land and Natural Resources Hawaii. Equipment fabrication and mobilization
Maersk managed to improve earnings and free cash flow in 2019.
EMGS has been forced to take immediate action and implement a cost-cutting program due to detrimental effect of Pemex’s decision not to award it any more work under a two-year acquisition program from last year.
Xergy, the startup company aiming to revolutionise resourcing in the energy industry, has invested £120k in opening an office in Aberdeen with plans to recruit an additional 15 employees. Led by industry stalwarts, James McCallum and Colin Manson, Xergy has moved into Rubislaw Terrace in the city’s
AG&P has broken ground on its LNG Import Facility at Karaikal Port.
Scorpio Tankers’ scrubber fitted ships have been earning more money than those without scrubbers.
Island Discovery and Island Aurora will enter service in mid-2020.
