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Business & Finance

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PETRONAS Conducts Its 3rd LNG Break-Bulking STS Tansfer
Business & Finance

PETRONAS Conducts Its 3rd LNG Break-Bulking STS Tansfer

PETRONAS LNG completes its third delivery of LNG cargo through a break-bulking STS transfer to two ships.

about 7 years ago
SPII Holdings Finalizes Acquisition of DryShips
Business & Finance

SPII Holdings Finalizes Acquisition of DryShips

The company continues as the surviving corporation and becomes a wholly owned subsidiary of SPII.

about 7 years ago
Godalming Flood Scheme Officially Unveiled
Business & Finance

Godalming Flood Scheme Officially Unveiled

Properties in Godalming, Surrey, England, will be better protected from flooding thanks to a brand new flood alleviation scheme. The construction of the scheme cost approximately £4.5 million and the Environment Agency contributed approximately a third of the cost, through government grant-in-aid. G

about 7 years ago
Trump Reaches Partial Deal with China, Delays Tariffs
Business & Finance

Trump Reaches Partial Deal with China, Delays Tariffs

China agreed to more than double its annual purchases of American agricultural products as part of the deal.

about 7 years ago
Delaware Canal Dredging: ALLU System Enables Reuse of Dredged Materials
Business & Finance

Delaware Canal Dredging: ALLU System Enables Reuse of Dredged Materials

Dredging has resumed on the 96km long Delaware and Raritan Canal, with work expected to run through until the end of October. The canal functions as a means of transporting water and acts as a reservoir, being part of the Raritan basin water supply system, providing water to millions of central New

about 7 years ago
Wärtsilä, Norsepower Team Up on Wind Propulsion Services for Shipping
Business & Finance

Wärtsilä, Norsepower Team Up on Wind Propulsion Services for Shipping

Wärtsilä unveils cooperation with Norsepower, a provider of auxiliary wind propulsion systems for shipping.

about 7 years ago
First Orkney-Built Tidal Platform Hits The Water
Business & Finance

First Orkney-Built Tidal Platform Hits The Water

Leask Marine has launched the Marinus platform marking the end of the InTER Project and the completion of the first ever tidal device to be built on Orkney. The two-year project, part-funded by Innovate UK and led by ITPEnergised, culminated with the deployment of the floating platform designed and

about 7 years ago
Shoaling Still Present Within Arkansas River Navigation
Business & Finance

Shoaling Still Present Within Arkansas River Navigation

Dredging efforts on the Arkansas River Navigation Channel are underway after historic flooding this spring, the U.S. Army Corps of Engineers’ Little Rock District reports. “Navigation buoys up and down the river were displaced during the flood. The Coast Guard is planning to replace the buoys in the

about 7 years ago
2020 Bulkers Secures Work for Another Newbuild
Business & Finance

2020 Bulkers Secures Work for Another Newbuild

2020 Bulkers enters into a time charter agreement for one of its Capesize newbuilds with a subsidiary of Glencore.

about 7 years ago
Santa Barbara Harbor Dredging Plan on the Table
Business & Finance

Santa Barbara Harbor Dredging Plan on the Table

The U.S. Army Corps of Engineers, Los Angeles District, is soliciting comments from federal, state, local agencies, and the interested public on a Supplemental Environmental Assessment for the Santa Barbara Harbor Maintenance Dredging Project. According to their official announcement, all comments m

about 7 years ago
H&L Contracting Nets Hampton Harbor Dredging Project
Business & Finance

H&L Contracting Nets Hampton Harbor Dredging Project

H&L Contracting, LLC of Bay Shore, NY, has won a $4.4 million maintenance dredging contract for the Hampton Harbor project in New Hampshire. According to the Army Corps, dredging and disposal operations are anticipated to take about 4 to 5 months to complete and will occur between Oct. 15, 2019 and

about 7 years ago
Magseis Fairfield Chops Forecast
Business & Finance

Magseis Fairfield Chops Forecast

Seabed seismic services player Magseis Fairfield has lowered its guidance for 2019, in which the company now estimates revenue between USD 455-465 million and full-year EBITDA between USD 45-55 million. According to the company, adjustments for certain non-cash elements may further impact EBITDA neg

about 7 years ago
Additional $6 Million to Hurricane Protection in LA
Business & Finance

Additional $6 Million to Hurricane Protection in LA

Gov. John Bel Edwards and the Louisiana Coastal Protection and Restoration Authority (CPRA) have announced a state commitment of $6 million to the South Lafourche Levee District for levee and floodwall improvements on the Larose to Golden Meadow Levee System. This funding is in addition to the $26.6

about 7 years ago
New DSC Cutter Suction Dredger for Azerbaijan
Business & Finance

New DSC Cutter Suction Dredger for Azerbaijan

DSC Dredge, a Louisiana based company involved in customized dredging solutions, won bid for a new, non-propelled, cutter suction head dredge solicited by The Marine Design Center (MDC) of the U.S. Army Corps of Engineers (USACE) earlier this month. “When completed, the new cutter suction head dredg

about 7 years ago
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