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Business & Finance

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MOL to Order Japan’s 1st LNG-Fueled Ferries
Business & Finance

MOL to Order Japan’s 1st LNG-Fueled Ferries

Mitsui O.S.K. Lines and its subsidiary Ferry Sunflower Limited plan to construct Japan’s first two LNG-fueled ferries.

about 6 years ago
NFWF and NOAA Grants for Coastal Resilience Projects
Business & Finance

NFWF and NOAA Grants for Coastal Resilience Projects

The National Fish and Wildlife Foundation (NFWF) and NOAA, joined by partners Shell and TransRe, have announced $30 million in new grants to support coastal resilience projects in 23 states and U.S. territories. The grants will restore or expand natural features such as coastal marshes and wetlands,

about 6 years ago
Clipper Vacations Joins Green Marine
Business & Finance

Clipper Vacations Joins Green Marine

Clipper Vacations is the newest member of the voluntary environmental program.

about 6 years ago
ABB Demos Its Subsea Power Technology
Business & Finance

ABB Demos Its Subsea Power Technology

ABB has completed a 3,000-hour shallow water test of its pioneering subsea power distribution and conversion technology system – making it commercially viable. The system delivers a supply of up to 100 megawatts of power, over distances up to 600 kilometers and down to 3,000 meters water depth, at p

about 6 years ago
Port Freeport Expansion on the Way
Business & Finance

Port Freeport Expansion on the Way

Port Freeport Commissioners have approved a $129.6 million contract with McCarthy Building Companies, Inc. for the expansion of Velasco Container Terminal in Texas. The Velasco Terminal expansion, which includes Berth 8, features over 925 feet of berth extension and will accommodate post-Panamax gan

about 6 years ago
Boskalis pens $120M deals for marine transport, including a record-breaking FPSO move
Business & Finance

Boskalis pens $120M deals for marine transport, including a record-breaking FPSO move

Boskalis secures works for three semi-submersible transport vessels

about 6 years ago
TGS expands Argentina survey and adds second Shearwater vessel
Business & Finance

TGS expands Argentina survey and adds second Shearwater vessel

TGS has decided to expand the Malvinas 3D multi-client seismic program offshore Argentina. The survey will now employ two Shearwater-owned vessels.

about 6 years ago
FSL Trust Offloads Two Product Tankers
Business & Finance

FSL Trust Offloads Two Product Tankers

Singapore-based FSL Trust has decided to dispose of two 109,672 dwt LR2 product tankers.

about 6 years ago
Committee OKs Bill Increasing Revenues for LA Coastal Protection
Business & Finance

Committee OKs Bill Increasing Revenues for LA Coastal Protection

The U.S. Senate Committee on Energy and Natural Resources yesterday passed the Conservation of America’s Shoreline Terrain and Aquatic Life (COASTAL) Act which would increase Louisiana’s share of qualified Outer Continental Shelf oil and gas revenues under the Gulf of Mexico Energy and Security Act

about 6 years ago
Hyundai Mipo to Build LNG Bunkering Vessel for Asian Owner
Business & Finance

Hyundai Mipo to Build LNG Bunkering Vessel for Asian Owner

Hyundai Mipo Dockyard has secured an order for one 18,000 cbm liquefied natural gas (LNG) bunkering ship.

about 6 years ago
Another Royal IHC Dredger for Mineros
Business & Finance

Another Royal IHC Dredger for Mineros

Royal IHC has launched DRAGA 20: BIJAO, an electric, dismountable wheel dredger for Mineros Aluvial SAS, a gold mining company in Colombia. The dredger is designed to remove overburden by dredging to expose gold bearing sediments. With a total power of 800kVA the dredger is capable to operate to a d

about 6 years ago
Celebrity Edge to Set Sail with 1st All-Female Bridge, Officer Team
Business & Finance

Celebrity Edge to Set Sail with 1st All-Female Bridge, Officer Team

The first-of-its-kind sailing will take place onboard Celebrity Edge in recognition of International Women’s Day 2020.

about 6 years ago
NKT Firms Up Dogger Bank Cables Order
Business & Finance

NKT Firms Up Dogger Bank Cables Order

NKT has entered a preferred supplier agreement as main contractor for delivery and installation of high-voltage DC onshore and offshore export cable systems to the Dogger Bank wind farms Creyke Beck A and B site. The contract with project owners Equinor and SSE Renewables is the largest XLPE power c

about 6 years ago
UDMC Wins Ras Al Khaimah Contract, Dredging Included
Business & Finance

UDMC Wins Ras Al Khaimah Contract, Dredging Included

Union Dredgers and Marine Contracting (UDMC), a Dubai based coastal marine contracting company, has been awarded the offshore project works for a new desalination facility at Al Hamra in Ras Al Khaimah, UAE. According to their official announcement, the scope of works will include dredging, HDPE wel

about 6 years ago
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