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Business & Finance

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New Ellicott Dredger for Malawi
Business & Finance

New Ellicott Dredger for Malawi

Ellicott Dredges, a Baltimore, MD, based manufacturer of cutter suction dredgers and dredge equipment, has successfully delivered a portable cutter suction dredger (CSD) to their customer in Malawi, southeastern Africa. In 2018, the Millennium Challenge Account of Malawi (MCA-M) awarded Ellicott Dre

about 7 years ago
VV: Growth of Large LNG Sector to Continue into 2020
Business & Finance

VV: Growth of Large LNG Sector to Continue into 2020

VV: The sector is being driven by increasing demand as more countries prioritize LNG as an energy source.

about 7 years ago
Port of Virginia Raises the Bar, Dredging Project Progresses
Business & Finance

Port of Virginia Raises the Bar, Dredging Project Progresses

The Port of Virginia processed more than 241,416 TEUs (twenty-foot equivalent units) in September 2019 – an increase of more than 9 percent vs. September 2018 – putting the port’s cargo volume growth for the first quarter of fiscal year 2020 at more than 4 percent. Commenting the latest news, John F

about 7 years ago
Giving a Push to Energy Transition at Offshore Energy 2019
Business & Finance

Giving a Push to Energy Transition at Offshore Energy 2019

Combining oil, gas, marine energy, and offshore wind at one event, OEEC owned the theme: Home of Energy Transition.

about 7 years ago
Scotland-Japan Subsea Alliance Lands £21M Funding
Business & Finance

Scotland-Japan Subsea Alliance Lands £21M Funding

A joint initiative between Japan and Scotland will see almost £21 million ($25.7 million) invested into underwater technology projects to promote economic growth opportunities in the Blue Economy. Through a close working relationship between Scottish Enterprise and the Nippon Foundation, £20.9 milli

about 7 years ago
New Access Channel to DP World Posorja Completed
Business & Finance

New Access Channel to DP World Posorja Completed

The $538 million first phase of the new Deepwater Port of Posorja, Ecuador, is now completed and successfully operational, reports DP World. According to DP, the $538 million initial investment (Phase 1) included the purchase of land, dredging of a new access channel, a 20-kilometer access road and

about 7 years ago
BIMCO: Shipping Industry Dented by Soybean Trade Developments
Business & Finance

BIMCO: Shipping Industry Dented by Soybean Trade Developments

Combined soybean exports from Brazil and the U.S. are down 7.8% in the first eight months of this year.

about 7 years ago
Gulfstream Services International Expands in UK
Business & Finance

Gulfstream Services International Expands in UK

Gulfstream Services International (GSI), an offshore equipment and engineered solutions provider, has moved into new Aberdeen headquarters underlining its continued expansion in the North Sea and beyond. With a team of 15, the firm has expanded into an 8000 sqft workshop where it will manufacture an

about 7 years ago
Awake.AI Joins One Sea Alliance
Business & Finance

Awake.AI Joins One Sea Alliance

One Sea, the industry alliance which promotes the goal of self-guiding shipping, has welcomed Awake.AI as a new member.

about 7 years ago
IMCA Seminar to Demystify Digitalisation
Business & Finance

IMCA Seminar to Demystify Digitalisation

IMCA is holding a day-long seminar in London on Tuesday 15 October with aim to demystify what digitalisation means for the offshore oil and gas industry in general, and for the marine contracting sector in particular. The theme of the seminar, taking place at Prince Philip House on Carlton House Ter

about 7 years ago
Stage 3 of the Quinns Beach Project About to Begin
Business & Finance

Stage 3 of the Quinns Beach Project About to Begin

The City of Wanneroo, WA, has presented plans for the Stage 3 of the Quinns Beach Long Term Coastal Management project. As reported, the Stage 3 coastal management works are scheduled to commence from 14 October 2019 with some mobilization works to occur on 11 October 2019. The Stage 3 works include

about 7 years ago
Carnegie Scouts New Talents
Business & Finance

Carnegie Scouts New Talents

Australian wave power firm Carnegie is looking for new talent in areas of advanced electrical machines, hydrodynamics and machine learning. Electrical Machine Expert will join the technical team and work closely with other engineers across a broad range of disciplines in executing the technology dev

about 7 years ago
Global Energy to take over operation of Nigg Oil Terminal
Business & Finance

Global Energy to take over operation of Nigg Oil Terminal

Global Energy Group has reached an agreement with Repsol Sinopec Resources UK to take over the long-term operation of the Nigg Oil Terminal jetty under a new lease with Crown Estates Scotland.

about 7 years ago
Dredge Funding Announced for One Mile Creek
Business & Finance

Dredge Funding Announced for One Mile Creek

A lobbying effort by Hinchinbrook MP Nick Dametto has forced the Federal Coalition Government to come good on their election promise to allocate funding to go toward the dredging of Cardwell’s One Mile Creek. Mr Dametto said that this morning’s expected announcement of $1.5 million for dredging was

about 7 years ago
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