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Business & Finance

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Cape May County Beachfill Contract Goes to GLDD
Business & Finance

Cape May County Beachfill Contract Goes to GLDD

The U.S. Army Corps of Engineers’ Philadelphia District awarded a contract to Great Lakes Dredge & Dock Company of Oak Brook, Illinois for $32.5 million to complete periodic nourishment of two projects in Cape May County, N.J. The contract calls for dredging more than 2.4 million cubic yards of sand

about 7 years ago
MTCC Scores Guraidhoo Harbor Contract
Business & Finance

MTCC Scores Guraidhoo Harbor Contract

The Maldives Transport and Contracting Company (MTCC) inked a contract yesterday to construct new harbor at Th. Guraidhoo, one of the inhabited islands of Kaafu Atoll in the Maldives. Permanent Secretary of Planning, Zeeniya Ahmed Hameed, signed the agreement on behalf of the government and the MTCC

about 7 years ago
Teekay Accepts Improved Brookfield Merger Offer
Business & Finance

Teekay Accepts Improved Brookfield Merger Offer

Brookfield will acquire all of the outstanding publicly held common units in exchange for USD 1.55 in cash per unit.

about 7 years ago
BHP, Klaveness Digital Team Up on Supply Chain Optimisation
Business & Finance

BHP, Klaveness Digital Team Up on Supply Chain Optimisation

The parties’ new shipping and logistics platforms provide a way to securely share cargo and vessel information.

about 7 years ago
Pangaea Logistics Orders Two More Ice Class Ships, Agrees Long-Term Financing
Business & Finance

Pangaea Logistics Orders Two More Ice Class Ships, Agrees Long-Term Financing

The 95,000 dwt vessels will be designed with Ice Class 1A specifications and will cost USD 37.7 million each.

about 7 years ago
U.S. Department of Justice closes investigation of Eni
Business & Finance

U.S. Department of Justice closes investigation of Eni

Eni has said it has received confirmation from the U.S. Department of Justice that the DOJ has closed its investigation of Eni with respect to the Nigerian offshore license OPL 245 and Algeria matters without taking any action.

about 7 years ago
Another Ultramax Joins Eagle Bulk’s Fleet
Business & Finance

Another Ultramax Joins Eagle Bulk’s Fleet

Eagle Bulk has taken delivery of the third of six recently acquired Ultramax drybulk vessels.

about 7 years ago
Proserv Restructuring Delivers Two New Divisions
Business & Finance

Proserv Restructuring Delivers Two New Divisions

Aberdeen-based controls technology company Proserv has established two separate divisions – Proserv Controls and Gilmore, a Proserv Company, which will sit under the umbrella of the parent company, Proserv Group. Both divisions emanate directly from the firm’s abilities in different segments of the

about 7 years ago
CEDA: Energy Efficiency of Dredging Activities
Business & Finance

CEDA: Energy Efficiency of Dredging Activities

The Central Dredging Association (CEDA) WG Energy Efficiency is well on track with its paper titled: ‘Energy Efficiency of Dredging Activities’. The paper will cover the subject energy efficiency of dredging activities from a project – as well as an equipment related perspective. For a project it is

about 7 years ago
Port of Oostende Takes Full Ownership of REBO Terminal
Business & Finance

Port of Oostende Takes Full Ownership of REBO Terminal

The Belgian Port of Oostende is acquiring the shares of PMV, DEME Group and Artes-Group NV in REBO NV with an aim to stimulate the terminal’s further growth. The Port of Oostende said it wishes to focus as much as possible on the growth of the activities at the REBO terminal and has thus initiated t

about 7 years ago
Port of Oostende Takes Full Ownership of REBO Terminal
Business & Finance

Port of Oostende Takes Full Ownership of REBO Terminal

The Belgian Port of Oostende is acquiring the shares of PMV, DEME Group and Artes-Group NV in REBO NV with an aim to stimulate the terminal’s further growth. The Port of Oostende said it wishes to focus as much as possible on the growth of the activities at the REBO terminal and has thus initiated t

about 7 years ago
Bodies of Two More Bourbon Rhode Crew Recovered
Business & Finance

Bodies of Two More Bourbon Rhode Crew Recovered

Another eight seafarers remain unaccounted for.

about 7 years ago
Innovation Award for Runswick Bay Scheme
Business & Finance

Innovation Award for Runswick Bay Scheme

Dr Alice Hall has won the Innovation Award at the CIRIA BIG Biodiversity Challenge Awards for her research in coastal infrastructure and defences. Bournemouth University (BU) ecologist worked with Scarborough Borough Council and University of Hull (Dr Sue Hull) on a scheme to protect houses and coas

about 7 years ago
Mercator Offloads Vessel Pair
Business & Finance

Mercator Offloads Vessel Pair

Mumbai-based Mercator Limited – former Mercator Lines – is to dispose of two of its vessels.

about 7 years ago
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