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Business & Finance

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Kvaerner Eyes Renewables Expansion
Business & Finance

Kvaerner Eyes Renewables Expansion

Norway’s Kvaerner is establishing two new focus areas with an aim to expand its operations within the renewables industry, including offshore wind, and the oil & gas sector. The move comes as Kvaerner aims to increase its annual revenue for around 40% within a few years, from circa NOK 7.3 billion i

about 7 years ago
Boskalis Signs Deal to Build Oil Export Terminal in Iraq
Business & Finance

Boskalis Signs Deal to Build Oil Export Terminal in Iraq

The project includes the construction of 4 loading berths, a breakwater berth and two offshore pipelines.

about 7 years ago
Contract Awarded for ‘Typhoon-Proof’ Shenzhen Coast
Business & Finance

Contract Awarded for ‘Typhoon-Proof’ Shenzhen Coast

KCAP + FELIXX have won the international competition for the redevelopment of the 130-kilometer coastline of Dapeng, a green peninsula in the bay between Hong Kong and Shenzhen. In September 2018, the typhoon Mangkhut damaged the infrastructure of the peninsula to various degrees. An international c

about 7 years ago
Coda Octopus Adds New Member to Board of Directors
Business & Finance

Coda Octopus Adds New Member to Board of Directors

Coda Octopus has elected J. Charles Plumb, captain, USNR (Ret.) to its board of directors. Captain J. Charles Plumb is a retired U.S. Navy fighter pilot and former Vietnam Prisoner of War. He retired from the United States Navy after 28 years of service, and his military honors include two Purple He

about 7 years ago
Apollo Bay Harbor Upgrades Include Dredging
Business & Finance

Apollo Bay Harbor Upgrades Include Dredging

Colac Otway Shire Council has welcomed the State Government’s funding announcement of more than $1.35 million which will allow the dredging and other important upgrades of Apollo Bay Harbor. “Council has been strongly advocating for funding for the Apollo Bay harbor and we are pleased to receive a c

about 7 years ago
PNX Petroleum Secures Offtake Deal after Acquiring First LPG Carrier
Business & Finance

PNX Petroleum Secures Offtake Deal after Acquiring First LPG Carrier

The 5,018 cbm PNX Conqueror is expected to start loading LPG in Brunei this year.

about 7 years ago
WEDA Dredging 101 Short Course in Philadelphia
Business & Finance

WEDA Dredging 101 Short Course in Philadelphia

The Dredging 101 – “Basics of Dredging, Dredged Material Management and Environmental Considerations” short course, hosted by the Western Dredging Association (WEDA), is set to take place on October 7, 2019, at Loews Philadelphia Hotel in Philadelphia, PA. The course has been developed and provided

about 7 years ago
Cargill, Maersk Tankers Team Up in the MR Segment
Business & Finance

Cargill, Maersk Tankers Team Up in the MR Segment

With Cargill’s fleet of up to 20 vessels, the Maersk Tankers’ pool would consist of over 60 tankers.

about 7 years ago
Report Released for Jefferson County Ecosystem Restoration Project
Business & Finance

Report Released for Jefferson County Ecosystem Restoration Project

The Army Corps’ Galveston District, has received a signed Chief of Engineers Report (Chief’s Report) for the proposed Jefferson County Ecosystem Restoration Project. According to the Corps, the report outlines the feasibility of providing shore protection and related improvements between Sabine Pass

about 7 years ago
Meyer Turku Pushes Delivery of Costa Smeralda to November
Business & Finance

Meyer Turku Pushes Delivery of Costa Smeralda to November

Costa Cruises’ 1st LNG-powered ship will be delivered in mid-November, a month later than the initial deadline.

about 7 years ago
Vaalco seeks London listing ‘to support growth strategy’
Business & Finance

Vaalco seeks London listing ‘to support growth strategy’

Houston-based oil and gas company Vaalco Energy has revealed its intention to list on the main market of the London Stock Exchange (LSE) to broaden shareholder base and access future capital to support growth strategy.

about 7 years ago
CSS Acquires Hydratight’s MORGRIP Connector Business
Business & Finance

CSS Acquires Hydratight’s MORGRIP Connector Business

Connector Subsea Solutions (CSS) has signed an agreement for the acquisition of Hydratight’s MORGRIP Connector business in Walsall, UK. Over the last six years, CSS and Hydratight have collaborated to deliver subsea pipeline repair projects. The MORGRIP Connector business will become an integral par

about 7 years ago
VBA Wins Flood Defense Work in Keswick
Business & Finance

VBA Wins Flood Defense Work in Keswick

VBA, a joint venture between VolkerStevin, Boskalis Westminster and SNC-Lavalin’s Atkins business, has been awarded a £2m project by Cumbria County Council with additional funding from the Environment Agency, the Regional Flood and Coastal Committee and Keswick Flood Action Group, to help protect pr

about 7 years ago
Golden Ocean Ups Investment into Singapore Marine
Business & Finance

Golden Ocean Ups Investment into Singapore Marine

With the latest boost, Singapore Marine raised a USD 44 million in addition to the USD 105 million raised earlier.

about 7 years ago
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