Kvaerner saw its profit drop in the last quarter of 2019 compared to the prior-year period despite increase in revenues.
Canada Pension Plan Investment Board (CPP Investments) has completed a EUR 510.6 million green bond refinancing of its minority interest in the Hohe See and Albatros offshore wind farms in Germany. In total, over EUR 510 million of senior secured notes were issued on Tuesday, 11 February and placed
Scorpio Bulkers has decided to sell and leaseback three vessels to Ocean Yield.
U.S. Senators David Perdue and Kelly Loeffler, U.S. Representative Buddy Carter and the Georgia Ports Authority have applauded President Trump’s budget request for Fiscal Year 2021, which includes full capability funding to keep the Savannah Harbor Expansion Project (SHEP) on track. The Administrati
Prosafe and Floatel have decided to abandon their merger plans amid financial uncertainty and regulatory objections.
Equinor has awarded charter contracts to two platform supply vessels owned by Eidesvik and Havila Shipping.
Louisiana Governor John Bel Edwards announced yesterday that the RESTORE Council has voted to approve $130 million in Deepwater Horizon oil spill dollars to fund the River Reintroduction into the Maurepas Swamp project. Administered by Louisiana Coastal Protection and Restoration Authority (CPRA), t
The Canaveral Port Authority (CPA) has been awarded a $14.1 million grant from the U.S. Department of Transportation (DOT) Port Infrastructure Development Program to modernize and expand Port Canaveral’s North Cargo Berth 3. “This is the largest federal grant ever awarded to Port Canaveral, and we t
French marine seismic acquisition company CGG has won a contract renewal by Total for the continued operation of its Dedicated Processing Center (DPC) in Pau, France.
PSA Marine has completed the 100% acquisition of Peruvian Tramarsa Flota.
Premier Oil has gained approval from the majority of its creditors for the schemes of arrangement required for the acquisition of North Sea assets from BP and Dana Gas. The schemes still remain subject to a court approval.
Statkraft Ireland subsidiary, North Irish Sea Array (NISA), is seeking permission to carry out marine site investigation surveys for the proposed offshore wind farm project in the Irish Sea. The marine surveys will include geophysical, geotechnical, metocean marine, ecological and archaeological sur
A West African company called ERB CI placed a new order recently for four REMU Big Float amphibious excavators that will be mounted on the base of Volvo’s EC210B and Volvo’s EC210B LR. The company from Ivory Coast will be utilizing the REMU Big Float amphibious excavators to safeguard and develop th
Royal IHC and the trade unions FNV, CNV vakmensen.nl, RMU and De Unie have today signed a covenant within the framework of the programme for the replacement of the Dutch Walrus class submarines. In this covenant, the parties have agreed to intensively work together when Royal IHC and its French part
