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Business & Finance

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Green MarineDredgingAlternative FuelsTidal & Wave EnergyOperations & MaintenanceResearch & DevelopmentProject & TendersFPSOEquipmentInfrastructureFossil Energy
Navios Acquisition Confirms VLCC Sale, Inks Two Charter Deals
Business & Finance

Navios Acquisition Confirms VLCC Sale, Inks Two Charter Deals

The company sold the 2002-built VLCC Nave Electron for a price of USD 25.3 million.

about 6 years ago
Coomera Dredge Management Facility VIDEO Update
Business & Finance

Coomera Dredge Management Facility VIDEO Update

Synergy Resource Management were contracted recently by the Gold Coast Waterways Authority (GCWA) to design, construct, operate and maintain the proposed Coomera Dredge Sediment Management Facility (CDSMF). The facility contains a 6-hectare settling pond and a 2-hectare area where the sediment will

about 6 years ago
ORPC Secures $7.5 Million in Private Financing
Business & Finance

ORPC Secures $7.5 Million in Private Financing

Ocean Renewable Power Company (ORPC) has closed on commitments for $7.5 million in private equity, allowing it to expand its business development and sales focus in the U.S., Canada and Chile. The new deal comes a week after ORPC scooped up Department of Energy (DOE) grant of $3.8 million to develop

about 6 years ago
Napier Port Dredging Contract Signed
Business & Finance

Napier Port Dredging Contract Signed

Napier Port today signed the contract with HEB Construction to build its multi-purpose 350 meter wharf, which will boost the port’s ability to handle more and larger ships. HEB is scheduled to start building the wharf – known as 6 Wharf – during the first quarter of 2020. Heron Construction & Dredgi

about 6 years ago
RigNet to supply communications solutions to six Petrobras FPSOs
Business & Finance

RigNet to supply communications solutions to six Petrobras FPSOs

Offshore telecommunication services provider RigNet has signed a multi-year agreement with Petrobras to supply O3B VSAT technology to six of its FPSO vessels.

about 6 years ago
VIDEO: Bell Pump Busy in the North Sea
Business & Finance

VIDEO: Bell Pump Busy in the North Sea

A pump from Bell Dredging Pumps B.V. was used recently in the construction of an offshore wind farm in the North Sea. The Dutch dredging specialist has just released this beautiful video of a custom Bell 250 dredge pump with double cutter head that is dredging tubular piles at 80 meters deep. Accord

about 6 years ago
Fire Hits Tanker off Singapore, 18 Crew Evacuated
Business & Finance

Fire Hits Tanker off Singapore, 18 Crew Evacuated

MPA Singapore informed that all 18 crew members have been safely evacuated and the fire has been put out.

about 6 years ago
Kosmos Energy appoints new board member
Business & Finance

Kosmos Energy appoints new board member

Oil and gas company Kosmos Energy has named a new member of its board of directors.

about 6 years ago
Standard Drilling bounces back to black
Business & Finance

Standard Drilling bounces back to black

Norwegian offshore vessel owner Standard Drilling has reported an operating profit in the third quarter of 2019 following unrealized gain on revaluation of financial assets of $1 million.

about 6 years ago
Maersk Invests in Return Logistics Start-Up ZigZag
Business & Finance

Maersk Invests in Return Logistics Start-Up ZigZag

ZigZag helps retailers to reduce the cost and complexity of managing returns with its software and functionality.

about 6 years ago
Titan LNG Conducts 1st LNG Bunkering in Port of IJmuiden
Business & Finance

Titan LNG Conducts 1st LNG Bunkering in Port of IJmuiden

Dutch LNG supplier Titan LNG has completed the first-ever LNG bunkering at the Port of IJmuiden, North Holland.

about 6 years ago
VIDEO: Kayden Wraps Up Georgia Job
Business & Finance

VIDEO: Kayden Wraps Up Georgia Job

Kayden’s Environmental Services Division successfully completed a coal ash dredging and desludging project in Georgia recently. For this job, Kayden utilized their IMS 7012 dredge, Mammoth-2276 centrifuges, as well as a DEL Total Clean-3000 Plus System to successfully complete their portion of this

about 6 years ago
Pangaea Sells Bulker Duo for USD 11 Mn
Business & Finance

Pangaea Sells Bulker Duo for USD 11 Mn

In October 2019, the company agreed to dispose of the 2001-built Bulk Juliana and the 1996-built Bulk Patriot.

about 6 years ago
Diana Shipping Shrinks Fleet, Sheds Another Panamax
Business & Finance

Diana Shipping Shrinks Fleet, Sheds Another Panamax

Including the 2005-built Clio, the company agreed to sell six Panamaxes so far this year.

about 6 years ago
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