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Business & Finance

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Essar Ports: Green Ports Are the Future of the Industry
Business & Finance

Essar Ports: Green Ports Are the Future of the Industry

The company took numerous steps and has invested in reduction of the carbon footprint at its four terminals.

about 7 years ago
Supergen ORE Hub Invites ECR Research Fund Call for Proposals
Business & Finance

Supergen ORE Hub Invites ECR Research Fund Call for Proposals

The Supergen Offshore Renewable Energy Hub has invited applications for the Early Career Researcher (ECR) Research Fund. The fund is designed to be a flexible research fund for ECRs to support small activities that either supports and develops existing research activities, or develops skills further

about 7 years ago
MPC Capital, Zeaborn Form New Joint Venture to Manage Over 160 Boxships
Business & Finance

MPC Capital, Zeaborn Form New Joint Venture to Manage Over 160 Boxships

MPC Capital, Zeaborn are merging activities in chartering and commercial management of more than 160 containerships.

about 7 years ago
McDermott’s China JV to build modules for Arctic LNG 2 project
Business & Finance

McDermott’s China JV to build modules for Arctic LNG 2 project

McDermott’s joint venture Qingdao McDermott Wuchuan Offshore Engineering in China has been awarded a large contract to provide three complex modules for Novatek’s Arctic LNG 2 Project in Russia.

about 7 years ago
IUMI: Marine Cargo Premiums Inadequate to Cover Losses
Business & Finance

IUMI: Marine Cargo Premiums Inadequate to Cover Losses

The marine cargo market is in a state of ‘accelerating change’, according to IUMI.

about 7 years ago
Moyne River Dredging Kicks Off
Business & Finance

Moyne River Dredging Kicks Off

Dredging operations on the Moyne River in Port Fairy, the Western District of Victoria, Australia, are set to begin today, September 17, the Victoria State Government said in its latest announcement. It is expected that this dredging scheme will last approximately 45 days. The area of work will star

about 7 years ago
Dissen and Juhn to Dredge Tongers Basin in Maryland
Business & Finance

Dissen and Juhn to Dredge Tongers Basin in Maryland

The Talbot County Department of Public Works has announced that dredging of the Tilghman Island’s popular Tongers Basin will begin this week. Partially funded by a grant from the Maryland Department of Natural Resources’ Waterways Improvement Program, the dredging project could take up to six weeks

about 7 years ago
UK regulator to further probe Prosafe-Floatel merger after competition concerns raised
Business & Finance

UK regulator to further probe Prosafe-Floatel merger after competition concerns raised

The UK Competition and Markets Authority will refer the proposed merger between Prosafe and Floatel to Phase 2, after the first phase raised competition concerns.

about 7 years ago
E.ON-RWE Deal Steps Closer to Finish
Business & Finance

E.ON-RWE Deal Steps Closer to Finish

The European Commission has approved E.ON’s acquisition of innogy’s distribution and consumer solutions business and certain electricity generation assets. E.ON and RWE, which controls innogy, have been engaged in an asset swap since March 2018 in which E.ON is taking over RWE’s 76.8% stake in innog

about 7 years ago
Ernst Russ Expands in Shipping Segment, Reports H1 Loss
Business & Finance

Ernst Russ Expands in Shipping Segment, Reports H1 Loss

Despite posting first-half losses, Ernst Russ closed H1 2019 with a significant expansion in the shipping segment.

about 7 years ago
Dutra Nabs $23.2 Million North Carolina Contract
Business & Finance

Dutra Nabs $23.2 Million North Carolina Contract

The Dutra Group from San Rafael, California, has won a $23.2 million contract for two North Carolina maintenance dredging projects. Bids were solicited via the internet with three received, according to the U.S. Department of Defense’s (DoD) latest announcement. Under the agreement, work will be per

about 7 years ago
Kootenay Lake Dredging About to Begin
Business & Finance

Kootenay Lake Dredging About to Begin

Dredging in the shallows of the West Arm of Kootenay Lake is set to begin September 24, and will last until November 30, 2019, reports the British Columbia government. As reported, the Province will dredge three shallow areas in the West Arm of Kootenay Lake to ensure the long-term navigational safe

about 7 years ago
Sembcorp Marine’s Brazil Shipyard Completes Its 1st FPSO
Business & Finance

Sembcorp Marine’s Brazil Shipyard Completes Its 1st FPSO

The FPSO left the shipyard on September 16 and will be deployed in Brazil’s Santos Basin.

about 7 years ago
Commerzbank: Annual Offshore Wind Growth to Be 19.1GW by 2020
Business & Finance

Commerzbank: Annual Offshore Wind Growth to Be 19.1GW by 2020

The annual global growth of the offshore wind sector will increase to 19.1GW by 2020, from the 4.3GW in 2018, according to Commerzbank AG. Commerzbank anticipates the global wind market to continue to grow, albeit with regional fluctuations, with an average growth rate of 15% in the offshore wind se

about 7 years ago
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