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Business & Finance

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Indonesia: Missing Bulker Located off Buru Island?
Business & Finance

Indonesia: Missing Bulker Located off Buru Island?

Indonesia’s NTSC reportedly located the Bulker Bur Allya in the Halmahera Sea, north of Buru Island, by using a pinger locator.

about 7 years ago
Important Milestone for Thyboron Port
Business & Finance

Important Milestone for Thyboron Port

The coastal authorities and Thyboron Port, Denmark, have signed the agreement regarding the transfer of dredging responsibility in Thyboron Channel. With this agreement Thyboron Port will take over the dredging responsibility as from the 1st of January 2020. So far, dredging of the channel has been

about 7 years ago
Proman Shipping, Stena Bulk Form Joint Venture
Business & Finance

Proman Shipping, Stena Bulk Form Joint Venture

Proman Shipping, Stena Bulk create JV that would see the partners co-own two vessels, promote methanol as marine fuel.

about 7 years ago
Rystad: BP and Shell on opposite sides of M&A ranking in last 5 years
Business & Finance

Rystad: BP and Shell on opposite sides of M&A ranking in last 5 years

European supermajors BP and Shell occupy the top spots on opposite sides of Rystad Energy’s M&A ranking for the oil and gas sector during the last five-year period.

about 7 years ago
Japanese Utility Takes Part of Formosa 2
Business & Finance

Japanese Utility Takes Part of Formosa 2

The European Commission has approved the acquisition of joint control by JERA, Macquarie and Swancor over the Formosa 2 offshore wind project in Taiwan. The 376MW Formosa 2 offshore wind project is currently owned by Macquarie and Swancor. The Commission concluded that the proposed acquisition would

about 7 years ago
Japanese Utility Takes Part of Formosa 2
Business & Finance

Japanese Utility Takes Part of Formosa 2

The European Commission has approved the acquisition of joint control by JERA, Macquarie and Swancor over the Formosa 2 offshore wind project in Taiwan. The 376MW Formosa 2 offshore wind project is currently owned by Macquarie and Swancor. The Commission concluded that the proposed acquisition would

about 7 years ago
No Damage to Cargo Aboard ONE’s Ship after Collision in Greece
Business & Finance

No Damage to Cargo Aboard ONE’s Ship after Collision in Greece

ONE Blue Jay has since the collision departed the Port of Perama and is deployed in MD2 service.

about 7 years ago
SEAMOR Launches Handheld Control Pendant for ROV Navigation
Business & Finance

SEAMOR Launches Handheld Control Pendant for ROV Navigation

British Columbia-based SEAMOR Marine is releasing an all new Handheld Control Pendant to pair with its remotely-operated vehicles (ROVs). According to the company, the SEAMOR pendant is ergonomic, lightweight, easy to use, and more comfortable for pilots who are undertaking long jobs. SEAMOR Marine

about 7 years ago
Nexans adds more time to ‘Polar King’ contract
Business & Finance

Nexans adds more time to ‘Polar King’ contract

GC Rieber Shipping has agreed with Nexans to extend the charter of CSV Polar King by four months.

about 7 years ago
BunkerTrace Pilot Successfully Completed
Business & Finance

BunkerTrace Pilot Successfully Completed

The first pilot of BunkerTrace, the system that combines synthetic DNA tracers and blockchain to manage risk for marine fuels by creating a transparent chain of custody, was successfully completed yesterday. The Boskalis-owned dredger, Prins der Nederlanden was bunkered with 900 cubic meters (CBM) o

about 7 years ago
Stolt-Nielsen Repays USD 147.6 Mn Bond
Business & Finance

Stolt-Nielsen Repays USD 147.6 Mn Bond

Stolt-Nielsen received a further USD 140.7 million in proceeds of debt as part of the CMBFL facility.

about 7 years ago
Subsea 7 Buys 4Subsea
Business & Finance

Subsea 7 Buys 4Subsea

Subsea 7 has acquired 4Subsea, the Norway-based provider of technology and solutions for the offshore wind and oil & gas markets. 4Subsea will function autonomously within Subsea 7, maintaining an independent brand and management team, as well as Peter Jenkins keeping his role as CEO of the company.

about 7 years ago
USACE, ASPA Ink Mobile Harbor Design Agreement
Business & Finance

USACE, ASPA Ink Mobile Harbor Design Agreement

Col. Sebastien P. Joly, commander of USACE Mobile District, and James Lyons, director and chief executive officer of the Alabama State Port Authority (ASPA), signed the Design Agreement yesterday at the Port of Mobile, which begins the design phase for improvements to the Mobile Harbor, Alabama Proj

about 7 years ago
RPS Buys UK Software and Tech Consultancy RIL
Business & Finance

RPS Buys UK Software and Tech Consultancy RIL

RPS, a global professional services firm, has acquired UK software and technology consultancy Reservoir Imaging Ltd (RIL) in a £4 million deal to further strengthen its services in the oil and gas sector. RIL, an established seismic software services consultancy based in Edinburgh, Scotland, deliver

about 7 years ago
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