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Business & Finance

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DredgingGreen MarineFossil EnergySubseaEquipmentResearch & DevelopmentProject & TendersVesselsOperations & Maintenance
Flynns Beach Seawall Almost Finished
Business & Finance

Flynns Beach Seawall Almost Finished

The new Flynns Beach seawall and surrounding improvements are almost finished, reports the Port Macquarie-Hastings Council. Now that works are nearing completion, a planned closure of Tuppenny Road is required to tie in the southern end of works. The new seawall is part of the first stage of the Fly

about 6 years ago
US: Firms Given Time to Wind Down Business with COSCO Units
Business & Finance

US: Firms Given Time to Wind Down Business with COSCO Units

The waiver allows “maintenance or wind down of transactions” and is valid until December 20.

about 6 years ago
Clean Marine, FMSI Merge to Increase Scrubber Market Share
Business & Finance

Clean Marine, FMSI Merge to Increase Scrubber Market Share

Scrubber developers Clean Marine and FMSI have unveiled their intention to merge.

about 6 years ago
Emas Offshore placed under judicial management
Business & Finance

Emas Offshore placed under judicial management

The High Court of the Republic of Singapore has granted Emas Offshore’s request to be placed under judicial management.

about 6 years ago
Balmoral Hosts Allspeeds New Decom Tool Trials
Business & Finance

Balmoral Hosts Allspeeds New Decom Tool Trials

Allspeeds has recently tested its new cutting and sealing tool for the decommissioning sector at Balmoral Subsea Test Centre’s submersion tanks. Accrington-based Allspeeds, the sole manufacturer of ‘Webtool’ hydraulic ROV cutters and systems, was awarded a contract by Chevron USA to develop an envir

about 6 years ago
Hayling Island Beach Nourishment Progressing Nicely
Business & Finance

Hayling Island Beach Nourishment Progressing Nicely

The maintenance dredging operations in Chichester Harbor Approach Channel and nourishment of the Hayling Island are progressing nicely, according to the Eastern Solent Coastal Partnership – ESCP. After securing funding from the Environment Agency, Havant Borough Council started this week with the be

about 6 years ago
Airbus, Port of Le Havre Join Forces to Offer Port Operations Solution
Business & Finance

Airbus, Port of Le Havre Join Forces to Offer Port Operations Solution

The companies are combining vessel traffic and port management solutions.

about 6 years ago
Wellard Gets Approval for Ocean Swagman Sale, Leaseback
Business & Finance

Wellard Gets Approval for Ocean Swagman Sale, Leaseback

In late August 2019, Wellard said it would sell the vessel to Heytesbury Holding Company.

about 6 years ago
Harrington Back Channel Dredging Kicks Off
Business & Finance

Harrington Back Channel Dredging Kicks Off

The MidCoast Council (NSW) has commenced works on a long awaited Harrington Back Channel Dredging project. The work will be undertaken by Dredging Solutions Pty Ltd of Castle Hill, Australia. Dredging works are anticipated to take 10 weeks and will be completed in time for the busy Christmas period.

about 6 years ago
Rising Operating Vessel Costs Push GulfNav Deeper into Loss
Business & Finance

Rising Operating Vessel Costs Push GulfNav Deeper into Loss

Gulf Navigation Holding closed the third quarter of this year with a widened net loss.

about 6 years ago
Castor Maritime Takes Delivery of Secondhand Bulker
Business & Finance

Castor Maritime Takes Delivery of Secondhand Bulker

This is the second vessel acquired by the company since its listing on NASDAQ last February.

about 6 years ago
Forum Books $533M Loss
Business & Finance

Forum Books $533M Loss

Forum Energy Technologies has recorded loss in the third-quarter 2019 of $533 million, or $4.83 per diluted share, compared to loss of $3 million, or $3 cents per diluted share, for the prior-year comparable period. Sequentially, Forum widened its loss from $12 cents per diluted share, with revenue

about 6 years ago
Myrtle Beach Wins National Award for Beach Restoration
Business & Finance

Myrtle Beach Wins National Award for Beach Restoration

The City of Myrtle Beach yesterday received the Robert L. Wiegel Coastal Project Award for its beach preservation and restoration projects dating back to the 1980s. The city initiated a three-phase plan for beach restoration in the 1980s: Phase 1 — small-scale beach scraping; Phase 2 — mediumscale n

about 6 years ago
MacArtney Canada Adds Head of Sales
Business & Finance

MacArtney Canada Adds Head of Sales

MacArtney Canada has appointed Darren E. Penney as head of Item Sales for Central and Eastern Canada. Previously employed by Xeos Technologies and Seimac, Darren E. Penney brings with him 20 years of industry experience in technical sales and service. Tom Knox, general manager of MacArtney Canada, s

about 6 years ago
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