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Business & Finance

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SubseaOperations & MaintenanceProject & TendersGreen MarineDredgingEquipmentTechnologyVesselsResearch & DevelopmentTidal & Wave EnergyShipbuilding
Petrofac Wins Forties Deal with Ineos
Business & Finance

Petrofac Wins Forties Deal with Ineos

Petrofac has been awarded a three-year Forties pipeline operations & maintenance support services contract from Ineos. Under the terms of the agreement, Petrofac will provide personnel to the Unity Platform in the Central North Sea, the onshore Cruden Bay Terminal and other landline sites. Nick Shor

about 7 years ago
BBC Chartering Welcomes Its New CEO
Business & Finance

BBC Chartering Welcomes Its New CEO

Germany-based shipping company BBC Chartering has appointed Ulrich Ulrichs as a new CEO of the company.

about 7 years ago
Alewijnse Marine Secures Contract for DEME’s TSHD Nile River
Business & Finance

Alewijnse Marine Secures Contract for DEME’s TSHD Nile River

Alewijnse Marine has won the contract for the supply of a new alarm and monitoring system (AMS) on board DEME’s 17,000 m³ trailing suction hopper dredger (TSHD) Nile River. The order follows the earlier successful PLC (programmable logic controller) refit in 2017 and SCADA control system refit in 20

about 7 years ago
Flex LNG Reports Loss but Expects Improvement
Business & Finance

Flex LNG Reports Loss but Expects Improvement

Due to the weaker LNG shipping market, Flex LNG closed the first half of this year with a net loss.

about 7 years ago
Indonesia to Implement Sulphur Cap on Schedule
Business & Finance

Indonesia to Implement Sulphur Cap on Schedule

The rule would apply to all Indonesian-flagged vessels starting January 1, 2020, both for domestic and foreign shipping.

about 7 years ago
Better Spot Rates Help Odfjell Shrink Loss
Business & Finance

Better Spot Rates Help Odfjell Shrink Loss

Next quarter is expected to be slightly affected by the seasonal slowdown in the chemical tanker market.

about 7 years ago
Centerm Dredging Works in Full Swing
Business & Finance

Centerm Dredging Works in Full Swing

The Vancouver Fraser Port Authority has released a new update about the port’s Centerm Expansion Project and South Shore Access Project. According to the update, this month, the port authority will begin demolition of portions of the east side of Burrard dock wharf to make room for the eastern expan

about 7 years ago
NOC Wraps Up Autosub Loch Ness Trials
Business & Finance

NOC Wraps Up Autosub Loch Ness Trials

The latest Autosub Long Range (ALR) vehicles being developed by the National Oceanography Centre have completed their first round of commissioning trials in the waters of Loch Ness, Scotland. The new autonomous underwater vehicles (AUV), ALR1500 – named for the 1500m depth to which they can dive – c

about 7 years ago
Oswego Harbor Breakwater Works Progressing Well
Business & Finance

Oswego Harbor Breakwater Works Progressing Well

The U.S. Army Corps of Engineers, Buffalo District has just announced that the West Arrowhead breakwater work – essential to providing safe navigation in Oswego Harbor (NY) – is proceeding well and on schedule. The work being conducted consists of repairing 600 linear feet along the lake side of the

about 7 years ago
EIT InnoEnergy Becomes Third Largest Owner of Minesto
Business & Finance

EIT InnoEnergy Becomes Third Largest Owner of Minesto

EIT InnoEnergy has joined BGA Invest and Midroc New Technology as major shareholders in Minesto after converting previously issued warrants into shares. The European Innovation Hub for Sustainable Energy, EIT InnoEnergy, which is supported by the European Institute of Innovation and Technology, has

about 7 years ago
TSHD Scheldt River Ready for Clean Dredging
Business & Finance

TSHD Scheldt River Ready for Clean Dredging

DEME Group announced yesterday that their trailing suction hopper dredger (TSHD) ‘Scheldt River’ has returned to the Elbe in Germany after an LNG bunkering operation. According to DEME, Titan LNG’s liquefied natural gas bunkering barge, the FlexFueler001 bunkered the LNG-powered TSHD Scheldt River l

about 7 years ago
Australia Joins US-Led Coalition to Protect Ships in Strait of Hormuz
Business & Finance

Australia Joins US-Led Coalition to Protect Ships in Strait of Hormuz

Australian is to work alongside international partners to assure security of merchant vessels in the Strait of Hormuz.

about 7 years ago
Two Ocean-Going Methanol-Fueled Newbuilds Join Waterfront Fleet
Business & Finance

Two Ocean-Going Methanol-Fueled Newbuilds Join Waterfront Fleet

Waterfront Shipping and Marinvest welcomed two new, clean-burning vessels to the Waterfront fleet.

about 7 years ago
Frontera Offshore and DOF Subsea Form Mexican Alliance
Business & Finance

Frontera Offshore and DOF Subsea Form Mexican Alliance

Subsea contractor Frontera Offshore has entered into an exclusive collaboration with DOF Subsea for the Mexican market. The alliance is intended to leverage the local presence and track record of Frontera with the specialized vessels, engineering capabilities and subsea survey and installation exper

about 7 years ago
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