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Business & Finance

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Diamond Offshore Intros Real-Time BOP Health Monitoring
Business & Finance

Diamond Offshore Intros Real-Time BOP Health Monitoring

Diamond Offshore Drilling has launched the Stack-View service, said to be a first-of-its-kind solution that applies 24/7 real-time monitoring, data visualization, and advanced analytics to identify trends and detect anomalies in BOP performance across its rig fleet. Indicators derived from the compa

about 7 years ago
Scituate Dredging VIDEO Update
Business & Finance

Scituate Dredging VIDEO Update

Tonry Insurance Group has just released this very interesting video about the dredging operations in the South River entrance channel area in Scituate, Massachusetts. This project, undertaken by Burnham Associates, started in July and will run until Labor day (September 2, 2019), the Town of Marshfi

about 7 years ago
Equinor Numbers Down in Q2 2019
Business & Finance

Equinor Numbers Down in Q2 2019

Equinor reported adjusted earnings of USD 3.15 billion in the second quarter of 2019, which is down from USD 4.31 billion in the same period last year. Equinor saw a net operating income of USD 3.52 billion in the period, which is again lower than the USD 3.84 billion in the second quarter of 2018.

about 7 years ago
SAAM Continues to Benefit from New Operating Model
Business & Finance

SAAM Continues to Benefit from New Operating Model

Chilean port, logistics and towage services provider SAAM reported a profitable first half of the year.

about 7 years ago
Samudera Shipping Sells Supramax Duo
Business & Finance

Samudera Shipping Sells Supramax Duo

The Supramax bulkers are scheduled for delivery to their new owners in September 2019.

about 7 years ago
VBA Wins New Contracts for WEM Framework
Business & Finance

VBA Wins New Contracts for WEM Framework

VolkerStevin, alongside joint venture partners Boskalis Westminster and Atkins, has been awarded five new contracts as part of the Environment Agency’s Water and Environment Management (WEM) £1 billion Framework to reduce flooding across the UK. Work has already begun on the following projects, aime

about 7 years ago
Dominion Energy and BizMDOSW to Talk Virginia’s Offshore Wind
Business & Finance

Dominion Energy and BizMDOSW to Talk Virginia’s Offshore Wind

Dominion Energy and the U.S. Business Network for Offshore Wind are holding an event in Virginia with an aim to support the state’s inclusion of large-scale offshore wind in its energy mix. The Sea to Land event will bring together the supply chain business community with federal and state governmen

about 7 years ago
Peter Madsen Rederi Vessels Prove Success in Faroes Islands
Business & Finance

Peter Madsen Rederi Vessels Prove Success in Faroes Islands

After more than a year working on a major port expansion project in the Faroe Islands’ Port of Torshavn, the Peter Madsen Rederi’s wire crane vessels ‘Merete Chris’ and ‘Aase Madsen’ are now being demobilized. Their work scope included removal of existing revetments, which were built into the new br

about 7 years ago
Wellard Gets Better Offer for Livestock Carrier
Business & Finance

Wellard Gets Better Offer for Livestock Carrier

Wellard accepts a proposal to sell the M/V Ocean Swagman for USD 25.2 million to Trim Shipping.

about 7 years ago
Atlantis Launches GBP 7 Million Bond
Business & Finance

Atlantis Launches GBP 7 Million Bond

SIMEC Atlantis Energy has, through Abundance Investment, launched a proposed five-year bond offer maturing 2024. The bond offer seeks to raise a maximum of £7 million, and is expected to close on or before October 31, 2019, with the extension option by up to three months at the company’s discretion.

about 7 years ago
MOL Sets Up Zero Emission Fuel Working Group
Business & Finance

MOL Sets Up Zero Emission Fuel Working Group

The working group has an aim to reduce emissions in shipping’s value chains by using methanation fuel.

about 7 years ago
Saipem to set up spool-base in Gulf of Mexico
Business & Finance

Saipem to set up spool-base in Gulf of Mexico

Italian Saipem will establish a spool-base on Greenwood Island, Pascagoula, Mississippi.

about 7 years ago
VIDEO: Forming New Coastline in Monaco
Business & Finance

VIDEO: Forming New Coastline in Monaco

The Monaco Land Extension Project reached another important milestone last month – the 17th caisson was successfully immersed, completing the ‘belt’ that will form a new coastline in Monaco. The structure, erected during the last 12 months, is 500 meters long and rests at a depth of 20 meters on a s

about 7 years ago
Chincoteague Plan Includes Dredging
Business & Finance

Chincoteague Plan Includes Dredging

The U.S. Army Corps of Engineers, Norfolk District, is seeking public input on a proposal for a Key West Cottages project, located in Chincoteague, Virginia. The applicant, Chincoteague Hotel, L.C., proposes to impact 7,520 square feet of wetlands/subaqueous bottom and to dredge 7,200 square feet (2

about 7 years ago
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