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Business & Finance

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Green MarineSubseaEquipmentSeismicDredgingTechnologyShipbuildingOperations & MaintenanceOffshore Wind
MSC Joins CMA CGM, Hapag-Lloyd in Discarding Northern Sea Route
Business & Finance

MSC Joins CMA CGM, Hapag-Lloyd in Discarding Northern Sea Route

A surge in container shipping traffic in the Arctic could cause environmental damage, the company said.

about 7 years ago
RusselSmith Adds VideoRay MSS ROV
Business & Finance

RusselSmith Adds VideoRay MSS ROV

RusselSmith Nigeria has acquired a VideoRay Mission Specialist Series (MSS) Defender ROV as part of efforts to strengthen its subsea services division. The MSS Defender ROV utilizes interchangeable, modular components which reside on a single, intelligent network. This modular configuration provides

about 7 years ago
SBM Offshore Obtains USD 1.14 Bn Bank Loan for Liza Unity FPSO
Business & Finance

SBM Offshore Obtains USD 1.14 Bn Bank Loan for Liza Unity FPSO

SBM Offshore completes the project financing of FPSO vessel Liza Unity for a total of USD 1.14 billion.

about 7 years ago
PGS returns to profit amid improving market
Business & Finance

PGS returns to profit amid improving market

Norwegian seismic services provider Petroleum Geo-Services (PGS) returned to profit in the third quarter of the year from a loss in the corresponding quarter of 2018 as its revenues received a boost amid improving market environment. Norwegian seismic services provider Petroleum Geo-Services (PGS) r

about 7 years ago
Turner Designs Presents Turbidity Plus Sensor with Lower Detection Limit
Business & Finance

Turner Designs Presents Turbidity Plus Sensor with Lower Detection Limit

Turner Designs, a California based provider of sensitive fluorometers for environmental and industrial uses, has introduced a new turbidity sensor with a minimum detection limit of 0.05NTU and a maximum range of 500NTU. “Turbidity measurements at very low levels of detection can be of great importan

about 7 years ago
KHI: Ultramax FJM Glory Delivered at DACKS
Business & Finance

KHI: Ultramax FJM Glory Delivered at DACKS

Shipping company Stiringaster Line has taken delivery of FJM Glory, a 61,000 dwt bulk carrier newbuilding.

about 7 years ago
All Set for Cotuit Bay Entrance Channel Dredging
Business & Finance

All Set for Cotuit Bay Entrance Channel Dredging

The Department of Public Works, in collaboration with Barnstable Clean Water Coalition, Massachusetts Audubon Society, and Barnstable County, will begin operations for Phase 2 of the dredging of the Cotuit Bay Entrance Channel and the western tip of Sampson’s Island during this week. Dredging progra

about 7 years ago
America’s First LNG Articulated Tug and Barge Unit Launched
Business & Finance

America’s First LNG Articulated Tug and Barge Unit Launched

Halter Marine has launched Q-LNG 4000, America’s first offshore LNG articulated tug and barge (ATB) unit.

about 7 years ago
PGS Returns to Profit
Business & Finance

PGS Returns to Profit

Petroleum Geo-Services (PGS), has bounced back in black in the third quarter ended September 30, 2019, as revenues hiked close to 70 per cent from same time last year. The Oslo-listed seismic player reported quarterly profit of $31.5 million, or 9 cents per share on revenues of $276.5 million, again

about 7 years ago
Southwind Starts IWW Dredging
Business & Finance

Southwind Starts IWW Dredging

The U.S. Army Corps of Engineers’ Jacksonville District, in partnership with the Florida Inland Navigation District, have begun dredging portions of the Intracoastal Waterway (IWW). USACE awarded a $5.8 million contract in late July for maintenance dredging of the IWW in St. Johns and Flagler Counti

about 7 years ago
IOVTEC and VOMS Sign Offshore Wind Deal in Taiwan
Business & Finance

IOVTEC and VOMS Sign Offshore Wind Deal in Taiwan

International Ocean Vessel Technical Consultant (IOVTEC) and Valour Offshore Marine Services (VOMS) have formed a strategic alliance to provide services for the offshore wind market in Taiwan. The two parties signed a Memorandum of Understanding (MoU) under which they will bring the DP vessel Avatar

about 7 years ago
IOVTEC and VOMS Sign Offshore Wind Deal in Taiwan
Business & Finance

IOVTEC and VOMS Sign Offshore Wind Deal in Taiwan

International Ocean Vessel Technical Consultant (IOVTEC) and Valour Offshore Marine Services (VOMS) have formed a strategic alliance to provide services for the offshore wind market in Taiwan. The two parties signed a Memorandum of Understanding (MoU) under which they will bring the DP vessel Avatar

about 7 years ago
Belships Hires Ultramax Newbuild
Business & Finance

Belships Hires Ultramax Newbuild

Belships has agreed a seven-year bareboat charter for a 61,000 dwt Ultramax bulk carrier newbuilding.

about 7 years ago
Modec to Provide FPSO for Brazilian Marlim Project
Business & Finance

Modec to Provide FPSO for Brazilian Marlim Project

Modec receives LOI from Petrobras for the supply, charter, and operations of an FPSO vessel for the Marlim revitalization project.

about 7 years ago
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