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Business & Finance

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Mortensen to Lead New Maritime Investment Fund
Business & Finance

Mortensen to Lead New Maritime Investment Fund

Shipping executive Carsten Mortensen launched a shipping fund which aims to reach USD 100 million in 2019.

about 7 years ago
UK Launches Ten-Year Offshore Wind Growth Programme
Business & Finance

UK Launches Ten-Year Offshore Wind Growth Programme

The Offshore Wind Industry Council (OWIC) is launching a ten-year programme to support the growth of UK businesses looking to capitalise on the opportunities offered by offshore wind. The Offshore Wind Growth Partnership (OWGP) will be delivered by Offshore Renewable Energy (ORE) Catapult which will

about 7 years ago
BC Ferries Moves Forward with Green Investments
Business & Finance

BC Ferries Moves Forward with Green Investments

BC Ferries is continuing with numerous investments to reduce its environmental footprint.

about 7 years ago
Osbit Completes Subsea Plough for Global Marine Group
Business & Finance

Osbit Completes Subsea Plough for Global Marine Group

Osbit has delivered a multi-function pre-lay and backfill subsea plough to Global Marine Group. Following contract award in January, The offshore technology company has designed and built the plough, which will now be known as PLP240. Final assembly and sign-off was completed at Osbit’s Port of Blyt

about 7 years ago
MTCC Wins Henbadhoo Dredging Contract
Business & Finance

MTCC Wins Henbadhoo Dredging Contract

The Maldives Transport and Contracting Company Plc (MTCC) has won a contract to design and construct N. Henbadhoo Harbor, located in Noonu Atoll, an administrative division of the Government of the Maldives. Director General at the Ministry of Planning and Infrastructure, Fathimath Shana Farooq, sig

about 7 years ago
Yang Ming Adds New Service amid Rising Trade Tensions
Business & Finance

Yang Ming Adds New Service amid Rising Trade Tensions

Impact from the tensions is expected to cause a relocation and adjustment of cargo flow and supply chains.

about 7 years ago
Boost for Yuba River Restoration
Business & Finance

Boost for Yuba River Restoration

USACE Commanding General Lt. Gen. Todd Semonite signed the Chief’s Report last week, which sends the Yuba River Ecosystem Restoration project to Congress for authorization, the U.S. Army Corps of Engineers’ Sacramento District reports. “A lot of hard work and dedication has gone into this effort to

about 7 years ago
Wood Scores Equinor Double
Business & Finance

Wood Scores Equinor Double

Wood has secured two new contracts from Equinor for onshore and offshore facilities in Norway. In the first of the new contracts, Wood will deliver FEED (front-end engineering design) services for brownfield modifications to the Grane offshore facility. The scope of the FEED includes all topsides mo

about 7 years ago
Wood bags two new Equinor jobs
Business & Finance

Wood bags two new Equinor jobs

Oilfield services provider Wood has secured two new contracts from Equinor for onshore and offshore facilities in Norway.

about 7 years ago
JFD Wraps Up NATO Golden Arrow Submarine Rescue Exercise
Business & Finance

JFD Wraps Up NATO Golden Arrow Submarine Rescue Exercise

JFD has recently completed a comprehensive submarine rescue exercise to mobilise the entire NATO Submarine Rescue System (NSRS). The exercise, titled Golden Arrow, provided hands-on training that further optimises the crew’s ability to conduct rescue operations, ensuring the capability remains ready

about 7 years ago
Ocean Cleanup Redeploys Its Plastics Collecting System
Business & Finance

Ocean Cleanup Redeploys Its Plastics Collecting System

The Ocean Cleanup has sent the upgraded System 001/B back to the Great Pacific Garbage Patch.

about 7 years ago
Damen Holds Steel Cutting Ceremony for Hanson New Dredger
Business & Finance

Damen Holds Steel Cutting Ceremony for Hanson New Dredger

Damen Shipyards Galaţi, Romania, recently held a steel cutting ceremony to mark the beginning of construction of a new dredger for Hanson UK. The steel cutting ceremony for the aggregate dredger type MAD3500 took place on the 13th of June. Marine Aggregate Dredger (MAD) 3500 is the latest vessel in

about 7 years ago
Kraken Wins US Navy Deal
Business & Finance

Kraken Wins US Navy Deal

Kraken Robotics has been selected by the US Office of the Secretary of Defense, Comparative Test Office, to participate in a Foreign Comparative Testing (FCT) program in support of a US Navy Program of Record managed by the Naval Sea Systems Command, EOD Program Office. The FCT is designed to test s

about 7 years ago
ADES lands new offshore rig contract in Egypt
Business & Finance

ADES lands new offshore rig contract in Egypt

ADES International has been awarded a new two-year contract for its Admarine IV offshore jack-up rig in Egypt.

about 7 years ago
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