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Business & Finance

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DredgingResearch & DevelopmentSubseaOperations & MaintenanceFPSOInfrastructureGreen MarineRules & RegulationFossil EnergyEquipmentProject & TendersShipbuildingVessels
IADC Presents New Article on Numerical Investigation of the Head
Business & Finance

IADC Presents New Article on Numerical Investigation of the Head

International Association of Dredging Companies (IADC) recently released a new article titled “Numerical investigation of the head and unsteady flow characteristics of a dredge pump loading high-concentration sands”. The article presents research which numerically simulates the unsteady water flow a

about 7 years ago
Solstad Narrows Quarterly Loss
Business & Finance

Solstad Narrows Quarterly Loss

Oslo-listed Solstad Offshore has recognized loss of close to NOK 343 million ($38 million) for the second quarter of 2019, compared to loss of NOK 788 million ($87 million) from the prior-year comparable period. The Norwegian vessel owner’s operating revenue for the second quarter 2019 increased sli

about 7 years ago
Sembcorp Marine lands Cambo FPSO design deal with Siccar Point
Business & Finance

Sembcorp Marine lands Cambo FPSO design deal with Siccar Point

Siccar Point Energy has awarded an exclusive Front-End Engineering and Design contract to Sembcorp Marine for the design of a Sevan cylindrical FPSO for its Cambo field development on the UK Continental Shelf.

about 7 years ago
GCC Bunkers Inks Processing Deal for IMO 2020 Compliant Fuel
Business & Finance

GCC Bunkers Inks Processing Deal for IMO 2020 Compliant Fuel

GCC Bunkers joined forces with Texas International Terminals to produce 0.5% sulfur bunker fuel oil.

about 7 years ago
CNOOC boosts profit in 1H 2019
Business & Finance

CNOOC boosts profit in 1H 2019

CNOOC Limited has increased its oil and gas production by over 2 percent during the first half of the year and boosted its profit for the period as oil and gas sales rose by 4.4 percent.

about 7 years ago
Petrofac hires NHV helicopters for North Sea operations
Business & Finance

Petrofac hires NHV helicopters for North Sea operations

Offshore helicopter operator NHV Group has been awarded a new long-term contract to provide helicopter services for Petrofac.

about 7 years ago
Grindrod Shipping to Buy Additional Stake in IVS Bulk
Business & Finance

Grindrod Shipping to Buy Additional Stake in IVS Bulk

Singapore-based Grindrod Shipping is to up its stake in IVS Bulk joint venture.

about 7 years ago
Soybean Farmers Call for Dredging of Lower Mississippi River
Business & Finance

Soybean Farmers Call for Dredging of Lower Mississippi River

The United Soybean Board (USB) recently announced a $2 million allocation to help offset the planning, design, and research costs of deepening the lower Mississippi River from 45 ft. to 50 ft. As the USB reported, the 256-mile stretch of the Mississippi River from Baton Rouge, Louisiana, to the Gulf

about 7 years ago
MPA: Number of Major Incidents in Port of Singapore Drops
Business & Finance

MPA: Number of Major Incidents in Port of Singapore Drops

There were fewer than 0.12 major incidents per 100,000 vessel movements in 2018, down from 0.8 in 2009.

about 7 years ago
Siemens Converter Stations for Viking Link Interconnector
Business & Finance

Siemens Converter Stations for Viking Link Interconnector

Siemens has been awarded a contract to deliver two converter stations for Viking Link, the first high-voltage direct-current (HVDC) interconnection between Great Britain and Denmark. Viking Link interconnector is being jointly developed by National Grid Ventures (Great Britain) and Energinet (Denmar

about 7 years ago
Geoquip Marine Expands Board of Directors
Business & Finance

Geoquip Marine Expands Board of Directors

Geoquip Marine has appointed Peter Østergaard Nielsen to its board of directors as a non-executive director. Peter is a senior lawyer with Danish legal practice Bech Bruun and has extensive specific experience in international wind farm development. In addition to his experience in international bus

about 7 years ago
OKEA to share Siem PSV with Neptune
Business & Finance

OKEA to share Siem PSV with Neptune

OKEA has won a tender for supply to the Seadrill-owned rig West Phoenix in connection with the rig’s operations on Neptune Energy’s Fenja field located in the Norwegian Sea.

about 7 years ago
China Merchants Eyes Majority Stake in AVIC Maritime
Business & Finance

China Merchants Eyes Majority Stake in AVIC Maritime

China Merchants is looking to take over 73.87% of the company’s shares.

about 7 years ago
Haslar Marina Maintenance Dredging About to Begin
Business & Finance

Haslar Marina Maintenance Dredging About to Begin

Jenkins Marine Ltd is about to begin a routine maintenance dredging project within Haslar Marina Gosport and the RNSA pontoon, informs the Queen’s Harbor Master Portsmouth. According to the notice, the maintenance dredging will begin within Haslar Marina Gosport and the RNSA pontoon (located to the

about 7 years ago
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