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Business & Finance

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450GW Offshore Wind by 2050 in Europe Achievable – Report
Business & Finance

450GW Offshore Wind by 2050 in Europe Achievable – Report

The EU Commission’s goals for offshore wind of between 230 and 450 GW by 2050 are achievable provided the right investments in electricity grids and governments take the right approach to maritime spatial planning, according to a new WindEurope report. According to the report, ‘Our energy, our futur

about 6 years ago
Conoship to Design Spliethoff’s New Multipurpose Ships
Business & Finance

Conoship to Design Spliethoff’s New Multipurpose Ships

Conoship signed a contract with Mawei Shipyard for the design of Spliethoff’s two multipurpose DP2 B-type vessels.

about 6 years ago
Navios Partners to Expand Fleet with Five Containerships, Six Bulkers
Business & Finance

Navios Partners to Expand Fleet with Five Containerships, Six Bulkers

Owner and operator of dry cargo vessels Navios Maritime Partners has signed agreements to acquire eleven vessels.

about 6 years ago
Another Stage of Quay Modernization at Port of Gdansk Wraps Up
Business & Finance

Another Stage of Quay Modernization at Port of Gdansk Wraps Up

Two renovated quays were commissioned last week at the Polish Port of Gdansk as part of the port’s ongoing quay and fairway modernization project. Completion of the 1st stage of expansion of the Obroncow Poczty Polskiej Quay included the redevelopment of half of the quay’s length. The remaining part

about 6 years ago
Samsung Heavy Wins USD 1.5 Bn LNG Carrier Deal
Business & Finance

Samsung Heavy Wins USD 1.5 Bn LNG Carrier Deal

Samsung Heavy Industries has secured another order for the construction of LNG carriers.

about 6 years ago
Maintenance Dredging Program Begins in Lake Worth Inlet
Business & Finance

Maintenance Dredging Program Begins in Lake Worth Inlet

Maintenance dredging program in the Lake Worth Inlet began last week, the Port of Palm Beach reports. The hopper dredger Atchafalaya is expected to remove approximately 60,000 cubic yards of sand from the inner and outer harbor channel. “Removing the shoal would deepen the sea floor to 37 feet in th

about 6 years ago
Fugro Extends Skandi Carla Charter
Business & Finance

Fugro Extends Skandi Carla Charter

Fugro has extended the firm period of hire for the Skandi Carla time charter contract until end October 2020, the Oslo-listed DOF Subsea said on Tuesday. Skandi Carla is a purpose-designed and built ROV survey, IRM and construction support vessel. The 84 meters long vessel with accommodation for 80

about 6 years ago
SINN Power Wins Cleantech Open Global Idea Challenge
Business & Finance

SINN Power Wins Cleantech Open Global Idea Challenge

SINN Power has won this year’s Cleantech Open Global Idea Challenge in Los Angeles with its wave energy technology to supply people worldwide with clean and reliable energy from ocean waves. SINN Power was invited to attend the Cleantech Open (CTO) Global Forum, which is a 3-day event to pave the wa

about 6 years ago
Additional Funding to Bring New Sand to Stockton Beach
Business & Finance

Additional Funding to Bring New Sand to Stockton Beach

Minister for Local Government Shelley Hancock has announced an additional $175,000 of funding for the City of Newcastle Council to begin work to boost sand volumes on Stockton Beach, located north of the Hunter River in New South Wales, Australia. “The newest round of funding will enable approximate

about 6 years ago
Ramsgate Baths Beach Nourishment Underway
Business & Finance

Ramsgate Baths Beach Nourishment Underway

Bayside Council (NSW) is undertaking a beach nourishment project to replace 28,000m³ of sand within Ramsgate Baths with sand sourced from Sandringham Bay, Dolls Point. According to the Council, machinery installed at Sandringham Bay is pumping sand along the Cook Park foreshore via a temporary pipel

about 6 years ago
Flex LNG Inks Long-Term Charter Deal for Vessel Newbuild
Business & Finance

Flex LNG Inks Long-Term Charter Deal for Vessel Newbuild

A subsidiary of Flex LNG enters into a long-term charter contract with Clearlake Shipping for an LNG carrier.

about 6 years ago
Apply Sørco, Aker Solutions pen Vår Energi deals
Business & Finance

Apply Sørco, Aker Solutions pen Vår Energi deals

Apply Sørco and Aker Solutions will provide modifications and maintenance support

about 6 years ago
Global Ship Lease to Buy Two Post-Panamaxes on Long-Term Charters
Business & Finance

Global Ship Lease to Buy Two Post-Panamaxes on Long-Term Charters

Global Ship Lease (GSL) has agreed to acquire two 2004-built Post-Panamax containerships from Black Pearl Containers.

about 6 years ago
Harrington Back Channel Dredging Passes Halfway Mark
Business & Finance

Harrington Back Channel Dredging Passes Halfway Mark

Dredging operations at Harrington Back Channel have just passed the half way mark, with the beach renourishment phase of Manning Point Beach about to get underway, informs the MidCoast Council, NSW. As reported, Manning Point locals and visitors to the area will have noticed slurry being pumped onto

about 6 years ago
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