The company generated GAAP net income of USD 240.2 million in the second quarter of 2019.
The U.S. Army Corps of Engineers’ Philadelphia District Commander, LTC David Park, toured the dredging operations at Cape May Inlet and Harbor in New Jersey recently. The dredge Currituck, owned and operated by the USACE Wilmington District, is currently conducting the dredging works in these areas.
Norwegian Encore is scheduled to leave Meyer Werft covered building dock II on August 17.
Damen Shipyards Hardinxveld last week hosted a naming ceremony for S.T. Marine Support’s new Multi Cat AUXILIA. The vessel brings the total of Multi Cats in the company’s fleet to three, following the delivery of Multi Cats 3013 ODIN in 2010 and NERO in 2013. According to Damen, AUXILIA is the first
Occidental Petroleum has completed its acquisition of Anadarko Petroleum in a transaction valued at $55 billion, including the assumption of Anadarko’s debt.
Malaysian offshore services provider Barakah Offshore Petroleum has sued compatriot Petronas for RM 1.02 billion ($243.7 million).
The New Zealand’s Dunedin City Council (DCC) is closely monitoring coastal erosion in front of Kettle Park. Recent high seas have washed away sand along about 200m of Ocean Beach, by Kettle Park. This has exposed rubble in front of the dune which was placed in 2007 as part of protection measures for
The Canadian unit of the Belgium-based contractor BESIX has been awarded an LNG berth marine structure deal for the Shell-led LNG Canada project in Kitimat, British Columbia. BESIX Canada, together with its joint venture partner Vancouver Pile Driving (Vanpile), has been hired by the project’s EPC c
The International Association of Dredging Companies (IADC) has confirmed Mr. Rabindra Kumar Agarwal, Joint Secretary of the Ministry of Shipping, to be a keynote speaker at their Dredging for Sustainable Infrastructure Conference which will be held on 18 October 2019 in New Delhi, India. At the even
Norwegian vessel provider DOF Subsea has been awarded a contract in the decommissioning sector offshore the UK.
Inland Dredging Company, a Dyersburg, Tennessee based contractor, is nine days into dredging in McKellar Lake Harbor, Memphis, TN. Inland’s cutter suction dredger (CSD) INTEGRITY is working under a three year contract with the Memphis District of the Army Corps of Engineers. “We started dredging the
Result of the initially retrieved VDR, released on July 26, revealed only partial voyage information.
The interest would be sold for USD 489 million to TPG Capital Asia, TPG Growth and Ontario Teachers’.
An underwater robotic vehicle will go on an Arctic research mission deemed too dangerous for humans in a bid to help scientists understand the true extent of melting from Arctic glaciers. A team from the Scottish Association for Marine Science (SAMS) in Oban, led by oceanographer Prof Mark Inall, wi
