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Business & Finance

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2020 Bulkers Welcomes Second Newbuild
Business & Finance

2020 Bulkers Welcomes Second Newbuild

2020 Bulkers accepts delivery of the second 208,000 dwt Newcastlemax newbuild.

about 7 years ago
ABB: Incheon Port to Cut Passenger Ship Emissions with Shore Power
Business & Finance

ABB: Incheon Port to Cut Passenger Ship Emissions with Shore Power

ABB secures a contract to install a shore-to-ship solution at the South Korean Port of Incheon.

about 7 years ago
DEME’s Backhoe Dredger Peter the Great Busy on Elbe River
Business & Finance

DEME’s Backhoe Dredger Peter the Great Busy on Elbe River

DEME Group has just released this beautiful night photo of their backhoe dredger Peter the Great and split hopper Vlaanderen VIII, working side by side on the Elbe River deepening program. Conducting their operations on the 116 km fairway between Cuxhaven and Hamburg, Peter the Great dredges the har

about 7 years ago
E.ON Completes Innogy Purchase
Business & Finance

E.ON Completes Innogy Purchase

E.ON has closed the purchase of a 76.8% stake in innogy from RWE, shortly after the European Commission approved the transaction. E.ON and RWE have been engaged in an asset swap since March 2018 in which E.ON takes over the 76.8% stake in innogy, while RWE obtains, among other things, all E.ON’s maj

about 7 years ago
Siemens Gamesa Boosts Green Guarantee Line
Business & Finance

Siemens Gamesa Boosts Green Guarantee Line

Siemens Gamesa has expanded its green guarantee line to EUR 1.25 billion which the company will use to fund its business of manufacturing and selling onshore and offshore wind turbines worldwide. In a deal arranged with BNP Paribas, the company converted a EUR 240 million guarantee line into a “gree

about 7 years ago
Artelia Acquires Open Ocean
Business & Finance

Artelia Acquires Open Ocean

Artelia Group, European engineering firm specializing in building construction, infrastructure, water, industry and the environment, has acquired Open Ocean. Open Ocean, composed of a team of oceanographers, in 2015 it launched a web platform, called Metocean Analytics, which provides an analysis of

about 7 years ago
Representatives Push to Keep Mississippi River Operational
Business & Finance

Representatives Push to Keep Mississippi River Operational

U.S. Reps. Betty McCollum, Angie Craig and Ron Kind sent a letter to the Office of Management and Budget earlier this week, pushing for the distribution of $100 million for the Army Corps of Engineers to address the impacts of this spring’s devastating floods along the Mississippi River. The funds w

about 7 years ago
Artelia Group Adds Open Ocean
Business & Finance

Artelia Group Adds Open Ocean

Artelia Group, European engineering firm specializing in building construction, infrastructure, water, industry and the environment, has acquired Open Ocean. Open Ocean, composed of a team of oceanographers, in 2015 it launched a web platform, called Metocean Analytics, which provides an analysis of

about 7 years ago
NYK Agrees 25-Year Coal Shipping Contract in Vietnam
Business & Finance

NYK Agrees 25-Year Coal Shipping Contract in Vietnam

NYK would transport coal from Australia and Indonesia to a new coal-fired power project in Vietnam from 2023.

about 7 years ago
Lamprell Plans Facility Upgrade to Meet Offshore Wind Surge
Business & Finance

Lamprell Plans Facility Upgrade to Meet Offshore Wind Surge

Lamprell is set to make incremental investments in equipment and operational set-up at its Hamriyah facility in the United Arab Emirates (UAE) due to a growing number of planned offshore wind projects. According to Lamprell, the decision comes as a number of significant offshore wind projects are ex

about 7 years ago
Lamprell Plans Facility Upgrade to Meet Offshore Wind Surge
Business & Finance

Lamprell Plans Facility Upgrade to Meet Offshore Wind Surge

Lamprell is set to make incremental investments in equipment and operational set-up at its Hamriyah facility in the United Arab Emirates (UAE) due to a growing number of planned offshore wind projects. According to Lamprell, the decision comes as a number of significant offshore wind projects are ex

about 7 years ago
Coomera River Dredging Campaign Wraps Up
Business & Finance

Coomera River Dredging Campaign Wraps Up

A major dredging scheme has been successfully completed in the Coomera River, supporting safe and navigable waterways access for the Gold Coast’s multi-billion-dollar recreation, tourism and marine industries, the Gold Coast Waterways Authority announced today. The campaign was made possible by the

about 7 years ago
$18 Million Funding for North Carolina Beaches
Business & Finance

$18 Million Funding for North Carolina Beaches

FEMA and the state of North Carolina are announcing more than $18 million to reimburse expenses restoring beaches damaged during Hurricane Florence. According to the release, the funds reimburse nourishing sand and replacing plants at beaches located in the towns of Indian Beach and Pine Knoll Shore

about 7 years ago
ABS, AEC Working Together on New Ultra Large Ethane Ships
Business & Finance

ABS, AEC Working Together on New Ultra Large Ethane Ships

ABS is supporting the development of a fleet of 150,000 m³ ULECs, one of the biggest ethane carriers to be ordered.

about 7 years ago
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