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Business & Finance

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3. Maj to Restore Production as It Renews Contract with Algoma
Business & Finance

3. Maj to Restore Production as It Renews Contract with Algoma

3. Maj Shipyard will complete the construction of a bulk carrier for Algoma.

about 7 years ago
Cape Porpoise Harbor Dredging on the Way
Business & Finance

Cape Porpoise Harbor Dredging on the Way

The U.S. Army Corps of Engineers, New England District, recently awarded a $1.6 million contract to Coastline Consulting and Development for maintenance dredging of the Cape Porpoise Harbor in Kennebunkport, Maine. Under the deal, the contractor will remove around 25,000 cubic yards of primarily fin

about 7 years ago
Schlumberger and TGS in Egyptian Red Sea 3D Multiclient Reimaging
Business & Finance

Schlumberger and TGS in Egyptian Red Sea 3D Multiclient Reimaging

Schlumberger and TGS announced a new 3D seismic reimaging project in the Egyptian Red Sea. The project will comprise reimaging data from three overlapping seismic surveys totaling 3,600 km2 that were acquired between 1999 and 2008 – the only available 3D data in this part of the Red Sea. It includes

about 7 years ago
Subsea 7 scores hat-trick in Saudi Arabia
Business & Finance

Subsea 7 scores hat-trick in Saudi Arabia

Subsea 7 has been awarded three contracts, together representing a sizeable award for Subsea 7, by Saudi Aramco under the long-term agreement between the parties for execution offshore Saudi Arabia.

about 7 years ago
Removing Sunken Dredging Barge from Alexandroupoli
Business & Finance

Removing Sunken Dredging Barge from Alexandroupoli

Responding to a request from U.S. Naval Forces Europe and U.S. Army Europe to remove a sunken dredge barge from the Port of Alexandroupoli, Greece, NAVSEA Supervisor of Salvage and Diving, SEA 00C, has developed a plan and assembled a team to remove the barge and restore access to the pier for futur

about 7 years ago
Ship Finance International Buying Hunter’s Three New VLCCs
Business & Finance

Ship Finance International Buying Hunter’s Three New VLCCs

The VLCCs, with a price tag of USD 180 million, are scheduled for delivery to SFL within the next two months.

about 7 years ago
Epic Gas Refinances Two LPG Tankers
Business & Finance

Epic Gas Refinances Two LPG Tankers

The company refinanced the vessels through a sale and leaseback transaction with a Japanese ship owner.

about 7 years ago
Yangzijiang Shipbuilding to Build Five Bulkers for Asian Owners
Business & Finance

Yangzijiang Shipbuilding to Build Five Bulkers for Asian Owners

The orders include three 82,000 dwt and two 325,000 dwt bulk carriers.

about 7 years ago
Russia Steps Up Dredging Operations
Business & Finance

Russia Steps Up Dredging Operations

Russia continues intense development of its port infrastructure that implies a considerable scope of dredging works. Some of the largest dredging projects in the country include dry cargo area of Taman port, Utrenny terminal, port in Pionersky, port Lavna. The country is also stepping up constructio

about 7 years ago
Hoarafushi Land Reclamation Wraps Up
Business & Finance

Hoarafushi Land Reclamation Wraps Up

The land reclamation works for the construction of an airport in Hoarafushi, Haa Alif Atoll, were successfully completed, according to Maldives Transport and Contracting Company (MTCC). Under this capital development scheme, the Maldives’ largest dredger Mahaa Jarraafu reclaimed the lagoon on the so

about 7 years ago
New Administrator Takes the Helm at Panama Canal
Business & Finance

New Administrator Takes the Helm at Panama Canal

Vásquez became the fourth Panamanian Administrator of the waterway.

about 7 years ago
Elenger Launches LNG Bunkering Services in Hanko Port
Business & Finance

Elenger Launches LNG Bunkering Services in Hanko Port

Elenger has started providing bunkering services to LNG-powered vessels in the Port of Hanko, Finland.

about 7 years ago
Petredec to Order Up to Four Ethylene Carriers from Jiangnan
Business & Finance

Petredec to Order Up to Four Ethylene Carriers from Jiangnan

The company placed two firm orders and two options for Handysize ethylene carriers.

about 7 years ago
Oil majors in further push for carbon capture and storage solutions
Business & Finance

Oil majors in further push for carbon capture and storage solutions

Equinor has, on behalf of the partners of the Northern Lights project, signed memoranda of understanding with seven European companies to develop value chains in carbon capture and storage.

about 7 years ago
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