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Business & Finance

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Oldendorff Carriers Brings In MIT for Ship Design Research
Business & Finance

Oldendorff Carriers Brings In MIT for Ship Design Research

Research areas will include morphing structures, hydrodynamic cloaking, and moving boundary layers.

about 6 years ago
SPDB Financial Leasing Acquires Two CMA CGM Vessels
Business & Finance

SPDB Financial Leasing Acquires Two CMA CGM Vessels

SPDB Financial Leasing signs an agreement for the lease of two 11,380 TEU CMA CGM boxships.

about 6 years ago
Deepwater Offshore Wind Mooring Project Gets US Grant
Business & Finance

Deepwater Offshore Wind Mooring Project Gets US Grant

The U.S. National Offshore Wind Research and Development Consortium has selected a consortium led by Principle Power for contract negotiations for a USD 850,000 grant for DeepFarm, a project that focuses on developing mooring solutions for deepwater floating offshore wind. DeepFarm, a selection of m

about 6 years ago
Rosewood Beach Nourishment Complete
Business & Finance

Rosewood Beach Nourishment Complete

The Park District of Highland Park has just announced completion of the Rosewood Beach Sand Nourishment project. According to the latest update, crews completed the delivery and placement of sand at both the Nature and Swimming Coves. The Park District also added that the project team will begin rem

about 6 years ago
DSME: 1st LNG Carrier with New Air Lubrication System Delivered
Business & Finance

DSME: 1st LNG Carrier with New Air Lubrication System Delivered

DSME has delivered its first LNG carrier with an in-house developed air lubrication system.

about 6 years ago
Coastal Resilience Grant for Quonochontaug Scheme
Business & Finance

Coastal Resilience Grant for Quonochontaug Scheme

Rhode Island Senator, Sheldon Whitehouse, announced yesterday that the Rhode Island Department of Environmental Management (DEM) has received a $75,000 award from the National Coastal Resilience Fund to restore and strengthen the natural infrastructure that protects coastal communities. According to

about 6 years ago
NOV to supply flexible pipes for Balder field
Business & Finance

NOV to supply flexible pipes for Balder field

NOV Flexibles and Ocean Installer have signed a contract for the supply of flexible pipes and ancillaries for the redevelopment of the Vår Energi-operated Balder field located in the North Sea off Norway.

about 6 years ago
Elbe River Dredging Project Remains on Track
Business & Finance

Elbe River Dredging Project Remains on Track

The Port of Hamburg yesterday released the latest update on the Elbe River dredging project. Overall, the fairway adjustment project is going according to plan, so that completion at the end of the coming year remains firmly in focus, reported the company. The deepening and widening of the 116 km lo

about 6 years ago
Gasum to Use Swedegas’ Gothenburg Facility for Bunkering of LNG Ships
Business & Finance

Gasum to Use Swedegas’ Gothenburg Facility for Bunkering of LNG Ships

Gasum is to use Swedegas’ facility for liquefied gas for bunkering of LNG fueled vessels.

about 6 years ago
CGG to Conduct Largest OBN Survey in UK CNS
Business & Finance

CGG to Conduct Largest OBN Survey in UK CNS

CGG has taken on a new project to deliver the largest OBN multi-client survey ever conducted in the UK Central North Sea (CNS). Planned to start in early 2020, the survey is being prefunded in part by BP. In the first phase of this multi-year program, CGG aims to acquire over 2,000 sq. km of [&helli

about 6 years ago
SeaBird Board Member Resigns
Business & Finance

SeaBird Board Member Resigns

SeaBird, a global seismic services provider, has announced a resignation of its board member Olav Haugland. Olav Haugland has a broad business experience from 25 years of CFO responsibilities in the shipping and oil service industries. He has held executive positions both within public companies suc

about 6 years ago
Hall Contracting Kicks Off Nawi Island Dredging
Business & Finance

Hall Contracting Kicks Off Nawi Island Dredging

Hall Contracting has officially kicked off dredging works for the Nawi Island Marina Development in Savusavu, Fiji. This stage of the project involves dredging of a marina basin to accommodate a 130 berth marina, bulk earthworks for the resort and yacht club development and installation of 1.5km of

about 6 years ago
CNOOC elects new chief executive officer
Business & Finance

CNOOC elects new chief executive officer

Oil and natural gas producer CNOOC has promoted its executive director and president to the position of the chief executive officer.

about 6 years ago
Euroseas Buys Containership Quartet
Business & Finance

Euroseas Buys Containership Quartet

Greek ship owner and operator Euroseas is to acquire four secondhand 4,253 TEU containerships.

about 6 years ago
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