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Business & Finance

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ADB Grant for Apia Port New Breakwater
Business & Finance

ADB Grant for Apia Port New Breakwater

The Asian Development Bank (ADB) has approved a $62.26 million grant to support a project that will enhance the safety, security, and sustainability of Apia Port, which is Samoa’s main international maritime gateway. Samoa has historically suffered from disasters triggered by cyclones and earthquake

about 7 years ago
Vallourec Lands $900M Deal from ADNOC
Business & Finance

Vallourec Lands $900M Deal from ADNOC

Vallourec has been awarded a contract by Abu Dhabi National Oil Company (ADNOC) for the supply of tubing and casing, over a five-year period, with a possible 2-year extension, for an amount of USD 900 million. It covers a full range of products, from standard API2 to high end premium OCTG3 for both

about 7 years ago
Port Aransas: Longer Ferry Wait Times Due to Dredging
Business & Finance

Port Aransas: Longer Ferry Wait Times Due to Dredging

Longer Port Aransas ferry wait times are expected for about two weeks, starting on Wednesday, September 11, according to a Texas Department of Transportation (TxDOT) news release. A U.S. Army Corps of Engineers project to deepen and widen the Corpus Christi Ship Channel will require DOT to modify it

about 7 years ago
Short Sea, US Lines Drive CMA CGM’s Volumes Up
Business & Finance

Short Sea, US Lines Drive CMA CGM’s Volumes Up

CMA CGM sees strong growth in volumes, despite an uncertain worldwide geopolitical environment.

about 7 years ago
Sandringham Dredging Works In Full Swing
Business & Finance

Sandringham Dredging Works In Full Swing

The Bayside City Council (VIC) has been lobbying for nearly 10 years to dredge the ‘black sludge’ that has accumulated at the dog off-leash area in Hampton/Sandringham beach. The Council announced yesterday that Parks Victoria is currently dredging about 5,000m³ of sand and decaying seagrass materia

about 7 years ago
Sif Opens Tokyo Office
Business & Finance

Sif Opens Tokyo Office

Dutch offshore foundations manufacturer Sif opened a sales office in Tokyo, Japan, on 5 September. Te Roermond-headquartered company said that it has closely followed offshore wind market developments in Japan since 2015 and that it for that purpose teamed up with Japan’s Sato Tekko. The Japanese go

about 7 years ago
Cahuzac to retire from position as Subsea 7 CEO
Business & Finance

Cahuzac to retire from position as Subsea 7 CEO

UK subsea engineering and construction services company Subsea 7 has informed that Jean Cahuzac will retire from his position as CEO at the end of this year.

about 7 years ago
Höegh Autoliners Appoints New CEO
Business & Finance

Höegh Autoliners Appoints New CEO

The company’s current CEO resigned after less than two years in the role.

about 7 years ago
Shearwater to conduct Barents Sea surveys for Lundin and Spirit Energy
Business & Finance

Shearwater to conduct Barents Sea surveys for Lundin and Spirit Energy

Shearwater GeoServices has been awarded a master services agreement by Lundin Norway and new Isometrix seismic acquisition projects for Lundin and Spirit Energy Norway in the Barents Sea off Norway.

about 7 years ago
Oman Shipping Company Welcomes New Ultramax to Its Fleet
Business & Finance

Oman Shipping Company Welcomes New Ultramax to Its Fleet

The Jabal Shams is one of four Ultramax bulkers scheduled for delivery to the company in 2019.

about 7 years ago
USACE Commander Signs Mobile Harbor General Reevaluation Report
Business & Finance

USACE Commander Signs Mobile Harbor General Reevaluation Report

Last Friday, September 6, Major General Diana Holland, Commander of the South Atlantic Division, U.S. Army Corps of Engineers, signed the Record of Decision for the Mobile Harbor General Reevaluation Report (GRR) with Integrated Supplemental Environmental Impact Statement (SEIS). The recommended pla

about 7 years ago
Subsea 7 lands Marjan job in Saudi Arabia
Business & Finance

Subsea 7 lands Marjan job in Saudi Arabia

Subsea 7 has been awarded a large contract by Saudi Aramco for Marjan Increment Projects – Package 2, offshore Saudi Arabia.

about 7 years ago
Port Hedland Dredging Wraps Up
Business & Finance

Port Hedland Dredging Wraps Up

Pilbara Ports Authority has successfully wrapped up capital dredging works for the Channel Risk and Optimization Project (CROP) at the Port of Port Hedland, the world’s largest bulk export port. The $120 million, three-year project supports trade capacity growth in Port Hedland by optimizing channel

about 7 years ago
Cahuzac to Retire as Subsea 7 CEO
Business & Finance

Cahuzac to Retire as Subsea 7 CEO

Subsea 7 CEO Jean Cahuzac will retire from his position at the end of this year and will be succeeded from January 1, 2020 by John Evans, who is currently COO. Jean Cahuzac has been in the industry for 41 years and CEO for Subsea 7 since 2008, having previously worked for Transocean and Schlumberger

about 7 years ago
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