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Business & Finance

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2020 Bulkers, Koch Extend Charters for Two Ships
Business & Finance

2020 Bulkers, Koch Extend Charters for Two Ships

The company’s Bulk Santiago and Bulk Seoul will continue working for Koch for another 11-13 months.

about 6 years ago
EDS Gets New Managing Director
Business & Finance

EDS Gets New Managing Director

High voltage engineering specialist EDS, part of James Fisher and Sons, has appointed Ryan Henderson as its new managing director. Henderson will become managing director on 1 January 2020 at which point Ken Ritson, current MD and founder of the business will take up a new role as a non-executive di

about 6 years ago
ADBP Publishes Paper on Dredging Cost Standards
Business & Finance

ADBP Publishes Paper on Dredging Cost Standards

The financial costs associated with dredging activity are highly variable, depending on the plant being employed and the type of dredging being undertaken, Anthony D Bates Partnership (ADBP) reports. Since 2005, the Construction Industry Research and Information Association (CIRIA), has published th

about 6 years ago
Lake Seminole Restoration Project Underway
Business & Finance

Lake Seminole Restoration Project Underway

Pinellas County has begun the most important phase of the Lake Seminole Restoration Project. A county contractor has started a dredge operation that will remove about 900,000 cubic yards of organic sediment from the lake, aiming to bring it to its healthiest state in decades. Lake Seminole is the co

about 6 years ago
Mermaid Loss Widens
Business & Finance

Mermaid Loss Widens

Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has reported net loss of $6.4 million for the three-month period ended September 30, 2019. This result compares with loss of some $1.9 million in the corresponding period in 2018. The Singapore-listed

about 6 years ago
Siemens Gamesa Signs Turbine Castings Deal in Taiwan
Business & Finance

Siemens Gamesa Signs Turbine Castings Deal in Taiwan

Siemens Gamesa and Yeong Guan Group have signed a conditional contract for the production of offshore wind turbine castings in Taiwan. According to Siemens Gamesa, a new factory will be built in the port of Taichung and will manufacture turbine castings for the 300MW Hai Long 2 offshore wind project

about 6 years ago
Siemens Gamesa Signs Turbine Castings Deal in Taiwan
Business & Finance

Siemens Gamesa Signs Turbine Castings Deal in Taiwan

Siemens Gamesa and Yeong Guan Group have signed a conditional contract for the production of offshore wind turbine castings in Taiwan. According to Siemens Gamesa, a new factory will be built in the port of Taichung and will manufacture turbine castings for the 300MW Hai Long 2 offshore wind project

about 6 years ago
Ettalong Channel Dredging Program Complete
Business & Finance

Ettalong Channel Dredging Program Complete

The six-month-long Ettalong Channel dredging program has been successfully completed, according to the Member for Terrigal Mr Adam Crouch. As reported, around 30,000 cubic meters of sand has been removed during the works. This has created a 30 meter wide, 2.5 meter deep channel for recreational and

about 6 years ago
Wärtsilä, PSA Marine Join Forces on Clean Energy Shipping Solutions
Business & Finance

Wärtsilä, PSA Marine Join Forces on Clean Energy Shipping Solutions

Wärtsilä and PSA Marine plan to collaborate in the co-creation of smart technologies for the marine sector.

about 6 years ago
EIB to Ditch Fossil Fuels, Focus on Clean Energy Investments
Business & Finance

EIB to Ditch Fossil Fuels, Focus on Clean Energy Investments

The European Investment Bank (EIB) is planning to support EUR 1 trillion of investments in climate action and environmental sustainability from 2021 to 2030 as part of a new energy lending policy. Following the approval of the revised energy lending policy, the EIB stated it will no longer consider

about 6 years ago
Maersk’s Operating Results Up despite Lower Container Demand
Business & Finance

Maersk’s Operating Results Up despite Lower Container Demand

The company delivered strong free cash flow and a return on invested capital of 6.4%, according to Maersk CEO.

about 6 years ago
Team Tankers Offloads Two More Older Ships
Business & Finance

Team Tankers Offloads Two More Older Ships

Team Tankers is selling another two older vessels, pursuing its strategy aimed at younger ocean-going units.

about 6 years ago
Equinor to award $380 million worth of contracts for inspection services
Business & Finance

Equinor to award $380 million worth of contracts for inspection services

Equinor has chosen suppliers for inspection services on all offshore installations on the Norwegian continental shelf and onshore plants in Norway.

about 6 years ago
Port of Gladstone Maintenance Dredging About to Begin
Business & Finance

Port of Gladstone Maintenance Dredging About to Begin

The trailing suction hopper dredger (TSHD) Brisbane is in the Port of Gladstone area, getting ready to begin a maintenance dredging program, the Gladstone Ports Corporation (GPC) announced today. GPC undertakes maintenance dredging to remove the build-up of sediment in navigational areas so that the

about 6 years ago
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