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Business & Finance

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MISC orders OceanMight modules for Vestigo offshore facilities
Business & Finance

MISC orders OceanMight modules for Vestigo offshore facilities

Malaysia’s OceanMight has received a letter of award to supply a module related to the upgrade of Vestigo Petroleum’s two offshore facilities.

about 7 years ago
Anthony Veder Expands Fleet with GATX Gas Carrier Quintet
Business & Finance

Anthony Veder Expands Fleet with GATX Gas Carrier Quintet

The addition of the combined gas carriers boosts the company’s LNG trading fleet to 10 vessels.

about 7 years ago
Portline Bulk to Pay USD 1.5 Mn Fine for Using Magic Pipe
Business & Finance

Portline Bulk to Pay USD 1.5 Mn Fine for Using Magic Pipe

Portline Bulk International pleaded guilty to violating the Act to Prevent Pollution from Ships and obstruction.

about 7 years ago
Solstad needs more time to find sustainable solution to financial situation
Business & Finance

Solstad needs more time to find sustainable solution to financial situation

Norwegian offshore vessel owner Solstad Offshore needs more time to work out a sustainable solution for the company’s current financial position as restructuring talks continue.

about 7 years ago
SSE Seeks Survey Permits Offshore Ireland
Business & Finance

SSE Seeks Survey Permits Offshore Ireland

SSE Renewables has applied for Foreshore Licences to carry our surveys at two offshore wind sites in Ireland that could accommodate approximately 1.6GW of capacity. The applications to the Irish Department of Housing, Planning and Local Government seek approval for conducting geophysical, geotechnic

about 7 years ago
Richmond, Scalise: Securing Funding for Louisiana Coastal Restoration
Business & Finance

Richmond, Scalise: Securing Funding for Louisiana Coastal Restoration

Louisiana Congressmen Cedric Richmond and Steve Scalise issued the following statement on June 19 about the passage of their amendments securing funding for Louisiana coastal restoration projects: “Today’s success in the House with the passage of key coastal restoration amendments signals success an

about 7 years ago
Study: Feeder Containerships Ready to Benefit from Hybrid Power Systems
Business & Finance

Study: Feeder Containerships Ready to Benefit from Hybrid Power Systems

Container feeders are potentially a good case for hybridization, according to DNV GL.

about 7 years ago
Oikos Deepwater Jetty Starts Ops with Visit from BW Seine
Business & Finance

Oikos Deepwater Jetty Starts Ops with Visit from BW Seine

Tanker BW Seine marked the start of operations at Oikos Storage Ltd’s new deepwater jetty.

about 7 years ago
British Ports Association: Spotlight on Open-Loop Scrubbers in Ports
Business & Finance

British Ports Association: Spotlight on Open-Loop Scrubbers in Ports

The words ‘port infrastructure’ usually conjure up images of quay walls, breakwaters, roads and cranes. But some of the most critical infrastructure to port operations is below the water – berths and navigational channels maintained at safe depths, according to Mark Simmonds, British Ports Associati

about 7 years ago
Rotech Wins Boskalis Gig
Business & Finance

Rotech Wins Boskalis Gig

Rotech Subsea has been awarded contracts for two significant scopes of work for Boskalis Subsea Cables & Flexibles (previously VBMS). The dual campaign will see Rotech Subsea’s TRS1 and TRS1 LD tools deployed for cable deburial and reburial scopes on a southern North Sea sector offshore wind farm. T

about 7 years ago
Hapag-Lloyd Boxship Briefly Grounds, Hits Crane in Vietnam
Business & Finance

Hapag-Lloyd Boxship Briefly Grounds, Hits Crane in Vietnam

Hapag-Lloyd vessel damaged a gantry crane in Vietnam after briefly grounding, company confirmed.

about 7 years ago
Canada to Build RoPax Ferry Pair at Davie Shipyard
Business & Finance

Canada to Build RoPax Ferry Pair at Davie Shipyard

The Canadian government is entering into contract negotiations with Davie for the construction of two ferries.

about 7 years ago
USACE VIDEO: Jekyll Creek Thin Layer Placement Pilot Project
Business & Finance

USACE VIDEO: Jekyll Creek Thin Layer Placement Pilot Project

The U.S. Army Corps of Engineers, Savannah District, with expertise and resources from Cottrell Contracting of Chesapeake, Va., recently completed the first portion of a dredging pilot project in the Jekyll Creek/St. Simons Sound area. The pilot project seeks to find environmentally viable, cost-eff

about 7 years ago
US Says Iran is Behind Tanker Attacks in Gulf of Oman
Business & Finance

US Says Iran is Behind Tanker Attacks in Gulf of Oman

U.S. Secretary of State said that intelligence officials have “lots of evidence” to support this claim.

about 7 years ago
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