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Business & Finance

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Cairn taps Island Drilling rig for North Sea well
Business & Finance

Cairn taps Island Drilling rig for North Sea well

Island Drilling Company has received a letter of intent from Capricorn Norge for operations in the North Sea offshore Norway.

about 7 years ago
LOC Group Joins TWIND Project
Business & Finance

LOC Group Joins TWIND Project

LOC Group has been appointed to the Advisory Board of the TWIND project, focused on creating a network of research professionals for the offshore wind industry in Portugal. The EUR 796,000 three-year project, launched in July, has the objective of dynamizing a pool of specialized research profession

about 7 years ago
Estonian Terminal Supports HHLA’s Container Throughput Rise
Business & Finance

Estonian Terminal Supports HHLA’s Container Throughput Rise

Despite a challenging market environment, HHLA managed to improve profitability in H1.

about 7 years ago
Arco Dee Aborts Entry Into Harbor to Avoid Collision with Yacht
Business & Finance

Arco Dee Aborts Entry Into Harbor to Avoid Collision with Yacht

The 68m long, 14m wide, 1300 tonne dredger Arco Dee was scheduled to enter Littlehampton Harbor on Saturday, August 3, carrying a cargo of 1200 tonnes of sand dredged from the seabed off Littlehampton.​ “Piloting large vessels into the harbor can be a challenging business as the entrance is just 31

about 7 years ago
Norden Signs Two New Contracts of Affreightment
Business & Finance

Norden Signs Two New Contracts of Affreightment

The deals include a 6-year contract for wood pellets transportation and a 3-year coal shipping agreement.

about 7 years ago
Kreuz Subsea CEO Quits
Business & Finance

Kreuz Subsea CEO Quits

Singapore-based subsea service provider Kreuz Subsea said that its CEO Ashit Jain (AJ) has resigned and is leaving for personal reasons. Under AJ’s leadership of the company during the last two and the half years, Kreuz became a Shell approved diving contractor and has since expanded its commercial

about 7 years ago
Dispute payments from Petrobras lift Vantage back to profit
Business & Finance

Dispute payments from Petrobras lift Vantage back to profit

Offshore drilling contractor Vantage Drilling returned to quarterly profit on the back of drilling contract termination revenue received from Petrobras.

about 7 years ago
USACE Tests Mini Robotic Submersible Dredge VIDEO
Business & Finance

USACE Tests Mini Robotic Submersible Dredge VIDEO

The U.S. Army Corps of Engineers is conducting large scale field testing of the Mini Robotic Submersible Dredge (MRSD) in Virginia. The Subdredge is designed and manufactured by EDDY Pump Corporation. This is the latest dredge being added to the U.S. Military’s tool chest, said USACE. Next stop will

about 7 years ago
Scandlines’ Hybrid Ferry to Get Norsepower’s Rotor Sail
Business & Finance

Scandlines’ Hybrid Ferry to Get Norsepower’s Rotor Sail

Scandlines to install Norsepower’s Rotor Sail Solution onboard the M/V Copenhagen ferry.

about 7 years ago
Australia On Track to Become World’s Largest LNG Exporter
Business & Finance

Australia On Track to Become World’s Largest LNG Exporter

Australia already exported more LNG than Qatar in November 2018 and April 2019.

about 7 years ago
Surveying Lake Ontario Harbors
Business & Finance

Surveying Lake Ontario Harbors

U.S. Army Corps of Engineers’ Buffalo District employees from the Planning Management team have been out in the field this summer surveying marina owners and operators from 6 harbors in Lake Ontario between Wilson Harbor, Wilson, NY and Little Sodus Bay Harbor, Fair Haven, NY. The purpose of the sur

about 7 years ago
First Haliade-X 12MW Blade Goes for Testing
Business & Finance

First Haliade-X 12MW Blade Goes for Testing

LM Wind Power has sent off the first 107m long blade for GE’s Haliade-X 12MW turbine from its factory in Cherbourg, France, to the UK where it will undergo testing. The LM 107.0 P blade, the world’s largest, was loaded onto a vessel on 13 August in the Cherbourg harbor and began its journey to the [

about 7 years ago
Yang Ming Posts Loss Despite Growing Revenues
Business & Finance

Yang Ming Posts Loss Despite Growing Revenues

Driven by market challenges in container shipping, Yang Ming closed H1 2019 with a net loss.

about 7 years ago
Airborne Oil & Gas Wins West Africa TCP Deal with Addax
Business & Finance

Airborne Oil & Gas Wins West Africa TCP Deal with Addax

Airborne Oil & Gas has secured a contract with Addax Petroleum for the delivery of two gas lift jumpers in West Africa. The deal will see Airborne thermoplastic composite pipeline (TCP) products becoming a permanent application in the region for the first time. The Dutch-based business will supply t

about 7 years ago
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