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Business & Finance

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Seized Stena Impero Leaves Iran, Owner Confirms
Business & Finance

Seized Stena Impero Leaves Iran, Owner Confirms

Stena Bulk said that the vessel has left the port of Bandar Abbas and is transiting to Dubai for the crew to disembark.

about 7 years ago
JFD Bags Submarine Rescue Equipment Deal in China
Business & Finance

JFD Bags Submarine Rescue Equipment Deal in China

JFD said it has been awarded a multi-million pound contract for the design and build of submarine rescue equipment, including advanced Deep Search and Rescue Vehicles (DSAR), as part of a submarine rescue capability being provided to China Shipbuilding & Offshore International Co. (CSOC). JFD provid

about 7 years ago
Saipem Inks WEC Tech Development Deal with Wello
Business & Finance

Saipem Inks WEC Tech Development Deal with Wello

Italian offshore energy services major Saipem and the Finnish company Wello have signed a memorandum of understanding (MoU) to optimize wave energy converter Penguin technology. The objective of the agreement is the development of future initiatives in the sector. Saipem will support Wello to optimi

about 7 years ago
Kingston District Council to Dispose of Surplus Dredger
Business & Finance

Kingston District Council to Dispose of Surplus Dredger

The Kingston District Council, South Australia, has agreed to dispose of its original cutter suction dredger following a unanimous decision at their September meeting. In making this decision, Mayor Kay Rasheed said that “it simply came down to the fact that the vessel is no longer able to be effect

about 7 years ago
Carnival Corp Lowers Full Year Earnings Expectation
Business & Finance

Carnival Corp Lowers Full Year Earnings Expectation

The company is reducing full year guidance due to a recent spike in fuel prices caused by geopolitical events.

about 7 years ago
Klaveness Combination Carriers Welcomes Third CLEANBU Newbuild
Business & Finance

Klaveness Combination Carriers Welcomes Third CLEANBU Newbuild

Klaveness Combination Carriers’ 3rd CLEANBU vessel departed New Yangzi Shipyard on September 25.

about 7 years ago
Houston Ship Channel Expansion Work Approved
Business & Finance

Houston Ship Channel Expansion Work Approved

The Port of Houston Commission has approved “critical-path” professional services for the Houston Ship Channel expansion project. The ship channel expansion work approved by the Port Commission includes critical-path professional services for engineering, design and project coordination. According t

about 7 years ago
Maintaining Mississippi River and Tributaries
Business & Finance

Maintaining Mississippi River and Tributaries

The U.S. Army Corps of Engineers has announced work that it will accomplish with Flood Control and Coastal Emergencies, Operation and Maintenance, and Mississippi River and Tributaries account funding provided for emergency recovery efforts in the Additional Supplemental Appropriations Disaster Reli

about 7 years ago
ExxonMobil in $4.5 Bln Norway Assets Sale to Var Energi
Business & Finance

ExxonMobil in $4.5 Bln Norway Assets Sale to Var Energi

ExxonMobil has signed an agreement with Vår Energi, a company owned by Eni and HitecVision, for the sale of its non-operated upstream assets in Norway for $4.5 billion. The sale is a part of the company’s previously announced plans to divest approximately $15 billion in non-strategic assets by 2021.

about 7 years ago
ExxonMobil sells Norway offshore fields to Vår Energi for $4.5 billion
Business & Finance

ExxonMobil sells Norway offshore fields to Vår Energi for $4.5 billion

ExxonMobil has agreed to sell its offshore oil field interests in Norway to Vår Energy for $4.5 billion

about 7 years ago
NQBP Annual Report Released
Business & Finance

NQBP Annual Report Released

North Queensland Bulk Ports Corporation (NQBP) has delivered strong financial results in 2018/19, while continuing to lead environmental research, develop new trade opportunities and administer a busy community support program. Total throughput facilitated through NQBP’s ports was 177.5 million tonn

about 7 years ago
First of Three New Units for Majestic Fast Ferry Launched
Business & Finance

First of Three New Units for Majestic Fast Ferry Launched

The first of three new vessels being built for Majestic Fast Ferry has been launched.

about 7 years ago
Golden Energy finds work for two newbuild platform suppliers
Business & Finance

Golden Energy finds work for two newbuild platform suppliers

Golden Energy Offshore Services (GEOS) has secured employment for the two newbuild vessels, Energy Empress and Energy Duchess.

about 7 years ago
Global E&C pens ‘largest life of field contract award’ in UK
Business & Finance

Global E&C pens ‘largest life of field contract award’ in UK

EPC contractor Global E&C has won a life of field contract for brownfield services with Apache’s North Sea subsidiaries.

about 7 years ago
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