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Business & Finance

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Maersk’s Søren Toft Leaves, Company Looking for New COO
Business & Finance

Maersk’s Søren Toft Leaves, Company Looking for New COO

The responsibilities as Chief Operating Officer will in the interim be taken on by Søren Skou.

about 6 years ago
InfraStrata Collecting GBP 6 Million for Harland & Wolff Buy
Business & Finance

InfraStrata Collecting GBP 6 Million for Harland & Wolff Buy

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

about 6 years ago
GKinetic Selected as Hello Tomorrow’s Deep Tech Pioneer
Business & Finance

GKinetic Selected as Hello Tomorrow’s Deep Tech Pioneer

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

about 6 years ago
MPC Capital Takes Stake in Tanker Specialist Albis
Business & Finance

MPC Capital Takes Stake in Tanker Specialist Albis

Germany’s MPC Capital buys a strategic stake of 50 percent in compatriot tanker specialist Albis.

about 6 years ago
Foyle and Marine Dredging Kicks Off Killybegs Project
Business & Finance

Foyle and Marine Dredging Kicks Off Killybegs Project

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

about 6 years ago
WFS Technologies Wins Industry Award
Business & Finance

WFS Technologies Wins Industry Award

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

about 6 years ago
New LNG Carrier Built for Yamal Project Joins Its Owners
Business & Finance

New LNG Carrier Built for Yamal Project Joins Its Owners

The 174,000 cbm LNG Dubhe was handed over to MOL and China COSCO Shipping on November 6.

about 6 years ago
European Shipyards, Manufacturers Urge EU to Safeguard Industry
Business & Finance

European Shipyards, Manufacturers Urge EU to Safeguard Industry

European social partners called upon EU policy-makers to adopt a dedicated European industrial strategy.

about 6 years ago
Ob-Irtysh Basin Navigation Season Closes
Business & Finance

Ob-Irtysh Basin Navigation Season Closes

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

about 6 years ago
Welcon Brings SOT’s Tetra Foundation to Asia
Business & Finance

Welcon Brings SOT’s Tetra Foundation to Asia

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

about 6 years ago
Minesto Launches $9M Rights Issue
Business & Finance

Minesto Launches $9M Rights Issue

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

about 6 years ago
ITF Calls for Urgent Action to Tackle Rising Piracy in Gulf of Guinea
Business & Finance

ITF Calls for Urgent Action to Tackle Rising Piracy in Gulf of Guinea

Pirates kidnapped 13 crew members from two ships in two piracy incidents that occurred in early November.

about 6 years ago
MOL hires Maersk jack-up for North Sea well
Business & Finance

MOL hires Maersk jack-up for North Sea well

Maersk Drilling has secured a one-well contract for the ultra-harsh environment jack-up rig Maersk Interceptor with MOL Norge.

about 6 years ago
MSC Cruises Claims Title of World’s First Carbon Neutral Cruise Line
Business & Finance

MSC Cruises Claims Title of World’s First Carbon Neutral Cruise Line

CO2 emissions from MSC Cruises’ fleet will be offset as of January 1, 2020, the company says.

about 6 years ago
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