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
The U.S. Army Corps of Engineers, Chicago District, has just announced that the Michigan City Harbor dredging program is officially underway. According to USACE, the dredging project kicked off last week and is expected to take about a month to complete. Under the dredging plan, the contractor MCM M
MPC Container Ships completes scrubber retrofitting and commissioning for the first three of its vessels.
TGS, a provider of multi-client geoscience data for exploration & production (E&P) companies, has achieved five milestones accelerating the company’s growth strategy. The achievements include new technologies in key basins; strengthening position in the South Atlantic; further growth onshore; enhanc
The funds would be used for refinancing of three tanker vessels and two very large crude carriers (VLCCs).
During the last month, the Ukrainian Sea Ports Authority (USPA) reached a volume of more than 1 million m³ of dredged material removed from seven dredging sites – for the first time in six years of its existence. These dredge spots include the Mariupol, Berdyansk, Kherson and Mykolayiv Ports, as wel
The U.S. Army Corps of Engineers, Jacksonville District awarded a $15,577,450.00 contract to the Great Lakes Dredge and Dock Company for the next scheduled maintenance dredging of U.S. Naval Station Kings Bay Entrance Channel and sand placement at Fernandina Beach. The project includes maintenance d
Global logistics and materials management provider, ASCO, has secured a five-year contract with Neptune Energy.
Norwegian seismic services provider PGS has selected technology giant Google as its preferred cloud provider.
Houston-based oilfield services company Deep Down has appointed a new chief operating officer (COO) of the company.
The 2015-built scrubber-fitted ship has been renamed the M/V Sydney Eagle.
The JV is dedicated to newbuilding supervision and vessel management of LNG carriers for third-party owners.
Oil major BP, as operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development, has awarded key contracts for the the Azeri-Central-East (ACE) project located in the Azerbaijan’s sector of the Caspian Sea.
The Port of Malongo in Angola is currently undergoing a major facelift. A completely new harbor area is being created, and the old part is demolished. The new part will also be deepened to allow access for sea going vessels and the buried structure of old dock on seabed will be demolished. The total
