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Business & Finance

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Lomar’s Ship First to Drydock at Grand Bahama after Dorian
Business & Finance

Lomar’s Ship First to Drydock at Grand Bahama after Dorian

The drydocking of containership Taipei Trader marked a major step in the return of normal operations to the shipyard.

about 7 years ago
MTCC Wraps Up Madifushi Dredging
Business & Finance

MTCC Wraps Up Madifushi Dredging

The construction activities for the Madifushi Harbor project on Maldives’ Thaa Atoll were successfully completed on September 11, the Maldives Transport and Contracting Company (MTCC) reports. During the work, approximately 19.808 cubic meters of material from the existing basin were dredged, and ar

about 7 years ago
Exmar Gets Extension of USD 30 Mn Bridge Loans
Business & Finance

Exmar Gets Extension of USD 30 Mn Bridge Loans

The company has still not reached an agreement with Sinosure the partial release of the debt service reserve account.

about 7 years ago
NYK Completes World’s First Maritime Autonomous Surface Ships Trial
Business & Finance

NYK Completes World’s First Maritime Autonomous Surface Ships Trial

NYK makes a big step toward realizing its target of manned autonomous ships for safer operations.

about 7 years ago
Providence free to pursue other partners for Barryroe
Business & Finance

Providence free to pursue other partners for Barryroe

Following months of delays and several extensions, Irish Providence Resources has not received any funds from APEC for the Barryroe license off Ireland and it has not agreed any further extension. APEC no longer has exclusivity over the license and Providence is free to pursue other partners.

about 7 years ago
Savannah Deepening Begins
Business & Finance

Savannah Deepening Begins

Col. Daniel Hibner, commander of the Savannah District, U.S. Army Corps of Engineers, has announced that deepening work for the inner portion of the Savannah harbor is officially underway. This initiates the final construction phase of the 20-year effort to deepen the third busiest container port in

about 7 years ago
Damen DOP Pump Put to the Test in Italy
Business & Finance

Damen DOP Pump Put to the Test in Italy

Sales Construzione s.p.a. has used Damen DOP on wire crane to mine sand from the sea and replenish Tuscan beach in the Gulf of Follonica, Italy. The Gulf of Follonica is situated on the Mediterranean coast. As the autumn and winter storms have resulted in heavy coastal erosion over the past few year

about 7 years ago
Benthic scoops Golfinho work in Mozambique
Business & Finance

Benthic scoops Golfinho work in Mozambique

Benthic has secured an offshore geotechnical and geophysical contract from TechnipFMC for the Golfinho development offshore Mozambique.

about 7 years ago
One Bourbon Rhode Crew Member Confirmed Deceased
Business & Finance

One Bourbon Rhode Crew Member Confirmed Deceased

One of the missing crew members from the sunken Bourbon Rhode was confirmed deceased, Bourbon said.

about 7 years ago
PTTEP, Halliburton ink digital transformation deal
Business & Finance

PTTEP, Halliburton ink digital transformation deal

Thai oil and gas firm PTTEP has selected oilfield services giant Halliburton for its Digital Well Program application to automate drilling, completions, and engineering processes across the well lifecycle.

about 7 years ago
Selkie Project Marks Official Launch at OEE2019
Business & Finance

Selkie Project Marks Official Launch at OEE2019

The recently announced Selkie project aiming to boost the marine energy industry in Wales and Ireland has been launched by Lesley Griffiths AM, the Welsh Minister for Environment, Energy and Rural Affairs at this year’s Ocean Energy Europe conference in Dublin. A €4.2-million Selkie project is funde

about 7 years ago
Euroseas Finds Work for Its Only Non-Feeder Unit
Business & Finance

Euroseas Finds Work for Its Only Non-Feeder Unit

The 5,600 TEU container vessel was hired for ten to thirteen months at a daily rate of USD 16,500.

about 7 years ago
OSIL Launches Box Corer T-Bar System
Business & Finance

OSIL Launches Box Corer T-Bar System

A sophisticated T-bar mini-penetrometer for exclusive in-field seabed strength profiling of box core samples is now available from environmental monitoring experts Ocean Scientific International Ltd (OSIL). The T-bar penetrometer measures the resistance of sediment to continuous penetration at a slo

about 7 years ago
Mitsubishi Shipbuilding to Build Two High-Speed Ferries for Shin Nihonkai
Business & Finance

Mitsubishi Shipbuilding to Build Two High-Speed Ferries for Shin Nihonkai

Mitsubishi Shipbuilding received orders for two large, high-speed ferries from Shin Nihonkai Ferry.

about 7 years ago
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