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Business & Finance

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Cairns Channel Dredging Project Complete
Business & Finance

Cairns Channel Dredging Project Complete

Thousands of jobs are on the horizon for Cairns, with dredging on the city’s $127 million shipping development now complete. Member for Cairns Michael Healy visited the Cairns Port today to meet with locals who worked on the project and farewell the 111m-long dredging ship Balder R, which was tasked

about 7 years ago
Liebherr Planetary Gearboxes for CSD Spartacus
Business & Finance

Liebherr Planetary Gearboxes for CSD Spartacus

In close cooperation with Royal IHC, Liebherr has designed special planetary plug-in gearboxes for rope winches to be installed on the Spartacus – the world’s largest and most powerful cutter suction dredger (CSD). For the Spartacus, Liebherr and IHC developed an anchor winch with two high-torque pl

about 7 years ago
CMA CGM Launches First 23,000 TEU LNG-Powered Giant
Business & Finance

CMA CGM Launches First 23,000 TEU LNG-Powered Giant

The first of the nine newbuildings is named after CMA CGM founder Jacques Saade.

about 7 years ago
USACE, CBND Sign Cedar Bayou Channel Improvement Project
Business & Finance

USACE, CBND Sign Cedar Bayou Channel Improvement Project

The U.S. Army Corps of Engineers’ Galveston District and the Cedar Bayou Navigation District (CBND) are set to begin construction of the Cedar Bayou Channel Improvement Project. Construction of the project is expected to begin February 2020. A Project Partnership Agreement was formally signed by USA

about 7 years ago
New LNG Carrier Named for Yamal Project
Business & Finance

New LNG Carrier Named for Yamal Project

The LNG Dubhe is the first of four new LNG carriers under construction for the Yamal LNG project.

about 7 years ago
Van Oord’s Largest Hopper Dredger Busy in Mauritania
Business & Finance

Van Oord’s Largest Hopper Dredger Busy in Mauritania

Van Oord is deepening and widening the access channel and turning basin of a large ore export facility in Nouadhibou, Mauritania. Two trailing suction hopper dredgers, one of which is owned by Van Oord, will be deployed for the dredging work. According to the company, Von Oord’s flagship HAM 318 is

about 7 years ago
Pharis taps KCA Deutag for North Sea project conceptual study
Business & Finance

Pharis taps KCA Deutag for North Sea project conceptual study

RDS, KCA Deutag’s provider of engineering and design solutions to the oil and gas, renewable and alternative energy sectors, has won a new contract to carry out a conceptual study for Pharis Energy.

about 7 years ago
JFO Strengthens Middle East Footprint
Business & Finance

JFO Strengthens Middle East Footprint

Offshore engineering specialist James Fisher Offshore (JFO) has established bases in Saudi Arabia and Dubai. JFO said that its commitment to the region follows a series of project wins for its abrasive cutting solution that will be resourced and managed in country. Ross Anderson, regional manager –

about 7 years ago
Craig International picks up first contract with Petrofac
Business & Finance

Craig International picks up first contract with Petrofac

Oilfield procurement specialist Craig International has been awarded the first contract with Petrofac in the UK.

about 7 years ago
Global Ship Lease Selling USD 40 Mn Worth of Shares
Business & Finance

Global Ship Lease Selling USD 40 Mn Worth of Shares

The funds would be used for general corporate purposes, including boxship purchases or prepayment of debt.

about 7 years ago
Rystad: Equinor’s mega offshore wind project gives hope to deflated service industry
Business & Finance

Rystad: Equinor’s mega offshore wind project gives hope to deflated service industry

Equinor’s big bet on offshore wind will rival major oil projects, Norwegian intelligence group Rystad Energy said on Tuesday following a recent announcement that Equinor will work on the world’s largest offshore wind farm development, which is located in the UK North Sea.

about 7 years ago
P&O Ferries Orders Next-Generation English Channel Ships
Business & Finance

P&O Ferries Orders Next-Generation English Channel Ships

P&O Ferries signs a contract with Guangzhou Shipyard International to deliver a new generation of ships on the English Channel.

about 7 years ago
Archer granted extension on Aker BP’s Valhall and Ula platforms
Business & Finance

Archer granted extension on Aker BP’s Valhall and Ula platforms

Archer has been awarded a 15-month extension to its existing platform drilling and maintenance services contract for Aker BP’s Valhall and Ula platforms on the Norwegian Continental Shelf.

about 7 years ago
Wpd Secures OK for Yunlin Investment
Business & Finance

Wpd Secures OK for Yunlin Investment

Wpd AG has secured approval from Taiwan’s Investment Committee to invest NT$ 14.12 billion (circa EUR 409.5 million) in the Yunlin offshore wind project. Wpd owns 73% of Yunlin Holding GmbH, while the Sojitz Corp-led consortium, comprising Chugoku Electric Power, Chudenko Corporation, Shikoku Electr

about 7 years ago
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