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Business & Finance

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Maersk Supply secures new job in Brazil
Business & Finance

Maersk Supply secures new job in Brazil

Maersk Supply Service will provide an integrated mooring lines life extension solution for Shell’s FPSO Fluminense, including project management, engineering, interface management and offshore execution off the coast of Rio de Janeiro.

about 7 years ago
Mordraga to Complete Utrenny Terminal Dredging Works
Business & Finance

Mordraga to Complete Utrenny Terminal Dredging Works

The 2019 dredging season at the Utrenny terminal – being done under the Yamal LNG 2 project – will be completed this October, according to the Rosatom. In view of limited period of ice-free navigation in the Far North region, dredging season of 2019 is to be over in the second decade of October, Ros

about 7 years ago
Keel Laid for Lindblad’s 2nd Polar Expedition Cruise Ship
Business & Finance

Keel Laid for Lindblad’s 2nd Polar Expedition Cruise Ship

Ulstein Group recently celebrated the keel laying of Lindblad’s 2nd polar newbuild.

about 7 years ago
iXblue to Deliver Five DriX USVs to Unique Group
Business & Finance

iXblue to Deliver Five DriX USVs to Unique Group

Unique Group has signed an agreement to acquire five unmanned surface vessels (USV) DriX units from French high-technology company iXblue. Unique Group’s new addition is designed for a wide range of tasks such as geophysical and hydrographic surveys, touchdown monitoring of pipelines, subsea positio

about 7 years ago
Bourbon gets takeover offer
Business & Finance

Bourbon gets takeover offer

Struggling French offshore vessel owner Bourbon has received an offer for the takeover of its assets and activities.

about 7 years ago
JERA Buys Majority Stake in Formosa 2
Business & Finance

JERA Buys Majority Stake in Formosa 2

JERA is set to acquire a 49% equity interest in the Formosa 2 offshore wind farm in Taiwan, the Japanese utility revealed shortly after it had secured joint control over the project with Macquarie and Swancor. Macquarie will hold a 26% stake and Swancor will hold 25% of the 376MW wind project locate

about 7 years ago
Maersk Tankers, Cargill and Mitsui Team Up to Cut GHG Emissions in Shipping
Business & Finance

Maersk Tankers, Cargill and Mitsui Team Up to Cut GHG Emissions in Shipping

The trio would exploit existing fuel-saving technologies and explore new technical solutions to cut GHG emissions.

about 7 years ago
JFD Inks Turkey Pact with Armelsan
Business & Finance

JFD Inks Turkey Pact with Armelsan

JFD has announced a new partnership with Armelsan, a Turkey-based designer and supplier of sonar systems for the Turkish Navy. Established in 2011 with offices in Ankara and Istanbul, Armelsan delivers a variety of sonar systems including diver detection sonar, hull mounted anti-submarine warfare so

about 7 years ago
VIDEO: St. Joseph Beachfill in Full Swing
Business & Finance

VIDEO: St. Joseph Beachfill in Full Swing

MRD Associates, Inc., has just released this beautiful video about the St. Joseph Peninsula Beach Renourishment Project in Gulf County, Florida. The work is well underway and the contractor Manson Construction is actively working in the phase 1 section. “Additionally, in the coming days, we will be

about 7 years ago
Forum Wraps Up eROV Trials
Business & Finance

Forum Wraps Up eROV Trials

Forum Subsea Technologies’ latest remotely operated vehicle (ROV), the XLe Spirit, has completed sea trials in Norway. The vehicle is the first of a new generation of electric observation class ROVs. It is the smallest in the new range, and powerful enough to perform subsea maintenance and repair wo

about 7 years ago
SBM Offshore closes Brazil legacy case
Business & Finance

SBM Offshore closes Brazil legacy case

Dutch FPSO operator SBM Offshore has confirmed a formal closure of its Brazil legacy case related to legacy bribery issues in Brazil.

about 7 years ago
KOTUG, Horizon Maritime Create Joint Venture in Canada
Business & Finance

KOTUG, Horizon Maritime Create Joint Venture in Canada

KOTUG International B.V. and Horizon Maritime Services form a towage joint venture in Canada.

about 7 years ago
Topsail Beach Contract for Weeks Marine, Works Set for December
Business & Finance

Topsail Beach Contract for Weeks Marine, Works Set for December

The Town of Topsail Beach, North Carolina, awarded their channel dredging and beach nourishment project contract to Weeks Marine during a special meeting last week. The $24.6 million project, often referred to as the Local Storm Damage Reduction Plan or SDR, includes dredging the New Topsail Inlet a

about 7 years ago
Shelf Drilling bags three-year extension for jack-up rig
Business & Finance

Shelf Drilling bags three-year extension for jack-up rig

Offshore drilling contractor Shelf Drilling has secured a three-year contract extension for the High Island VII jack-up rig.

about 7 years ago
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