The responsibilities as Chief Operating Officer will in the interim be taken on by Søren Skou.
The UK-based InfraStrata has opened a share sale to raise a minimum of GBP 6 million to finalize the purchase of Harland and Wolff from administrator BDO NI. InfraStrata revealed it is seeking to raise the amount through a placing of new Ordinary Shares by way of an accelerated bookbuild at 0.3 penc
Irish hydrokinetic turbine developer GKinetic Energy has been selected as one of Hello Tomorrow’s Deep Tech Pioneers. Every year, the Hello Tomorrow team receives thousands of applications to their deep tech startup competition, the Global Challenge. The Hello Tomorrow team and network of experts ju
Germany’s MPC Capital buys a strategic stake of 50 percent in compatriot tanker specialist Albis.
Foyle and Marine Dredging Ltd. has commenced dredging operations in Killybegs, Donegal County, Ireland. The company announced today that their dredger ‘Dinopotes’, fitted with an environmental bucket to minimize turbidity, is performing the works. The dredging is part of a €14.7 million capital work
WFS Technologies has been honoured with an industry award after winning Oil & Gas UK’s Business Innovation accolade for its Seatooth technology. The Seatooth technology enables the automation and digitalization of subsea assets through its ability to communicate through steel, ground, sea water and
The 174,000 cbm LNG Dubhe was handed over to MOL and China COSCO Shipping on November 6.
European social partners called upon EU policy-makers to adopt a dedicated European industrial strategy.
The Navigation Season 2019 on the Ob-Irtysh Basin System of Waterways has come to an end, the Rosmorrechflot press center (Federal Marine and River Transport Agency) reports. In 2019, total length of waterways with aid to navigation was 8,750 kilometers. According to Rosmorrechflot, the scope of dre
Welcon A/S and HighTek-Century have signed a Memorandum of Understanding (MoU) for the construction of a turbine tower factory in Taiwan. The factory will manufacture wind turbine towers, including Stiesdal Offshore Technologies’ (SOT) Tetra foundation concept for the Taiwanese and Asian markets. Ac
Minesto has decided to carry out a rights issue to raise proceeds of approximately SEK 86 million (close to $9 million). The rights issue is carried out in order to give Minesto’s existing shareholders the opportunity to subscribe for new shares under the same conditions as in the private placement
Pirates kidnapped 13 crew members from two ships in two piracy incidents that occurred in early November.
Maersk Drilling has secured a one-well contract for the ultra-harsh environment jack-up rig Maersk Interceptor with MOL Norge.
CO2 emissions from MSC Cruises’ fleet will be offset as of January 1, 2020, the company says.