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Business & Finance

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Diana Shipping’s Panamax to Earn More with Uniper
Business & Finance

Diana Shipping’s Panamax to Earn More with Uniper

Diana Shipping agreed a higher charter rate for Panamax Leto with Uniper Global Commodities.

about 7 years ago
Maersk Invests in Its First Portuguese Startup
Business & Finance

Maersk Invests in Its First Portuguese Startup

Maersk is to invest into the technologic startup Huub, marking its first ever investment in a Portuguese startup.

about 7 years ago
Yunlin Offshore Wind Project Achieves Financial Close
Business & Finance

Yunlin Offshore Wind Project Achieves Financial Close

German offshore wind developer wpd AG has reached financial close on the 640MW Yunlin offshore wind project in Taiwan. The Yunlin project is 73% owned by wpd and 27% owned by a Sojitz Corp-led consortium which includes Chugoku Electric Power Co. Inc., Chudenko Corporation, Shikoku Electric Power Co.

about 7 years ago
Yunlin Offshore Wind Project Achieves Financial Close
Business & Finance

Yunlin Offshore Wind Project Achieves Financial Close

German offshore wind developer wpd AG has reached financial close on the 640MW Yunlin offshore wind project in Taiwan. The Yunlin project is 73% owned by wpd and 27% owned by a Sojitz Corp-led consortium which includes Chugoku Electric Power Co. Inc., Chudenko Corporation, Shikoku Electric Power Co.

about 7 years ago
African Petroleum to combine with PetroNor in June
Business & Finance

African Petroleum to combine with PetroNor in June

With the continued uncertainty related to AP’s blocks in The Gambia and Senegal, the transaction will bring much-needed stability

about 7 years ago
ION Makes Management Changes
Business & Finance

ION Makes Management Changes

ION Geophysical has appointed Chris Usher to succeed Brian Hanson as president and chief executive officer, following the retirement of Hanson and his resignation from board of directors, effective June 1, 2019. Chris Usher previously served as executive vice president of ION’s Operations Optimizati

about 7 years ago
Boa Offshore: North Sea AHTS spot market remains challenging and outlook uncertain
Business & Finance

Boa Offshore: North Sea AHTS spot market remains challenging and outlook uncertain

Norwegian offshore supply vessel owner Boa Offshore has said that the short-term picture in the offshore sector remains challenging as demand is recovering from a very low level. The situation in the North Sea AHTS spot market also remains challenging and the outlook uncertain. Boa has two AHTS vess

about 7 years ago
Ideol Portrays Floating Foundation Assembly (Video)
Business & Finance

Ideol Portrays Floating Foundation Assembly (Video)

The French Ideol has shared a video showing the construction methods of its floating foundation. The ring-shaped floating foundation, known as the Damping Pool, has been developed and patented by Ideol and built by Bouygues Travaux Publics. The foundation is being used for the Floatgen floating wind

about 7 years ago
EA Technique loses MMHE FSO case
Business & Finance

EA Technique loses MMHE FSO case

Malaysian vessel operator EA Technique has lost a case against the compatriot engineering and construction firm MMHE

about 7 years ago
Royal Caribbean Cruises Partners Up with GPH in Antigua
Business & Finance

Royal Caribbean Cruises Partners Up with GPH in Antigua

Global Ports Holding has reached an Antigua & Barbuda partnership agreement with Royal Caribbean Cruises.

about 7 years ago
Ernst Russ to Focus on Ship Investment, Management
Business & Finance

Ernst Russ to Focus on Ship Investment, Management

Ernst Russ is to separate itself from the investor management sector and focus on ship investment and management.

about 7 years ago
Xodus Boosts Advanced Analysis Team
Business & Finance

Xodus Boosts Advanced Analysis Team

Energy consultancy Xodus has strengthened its team with the appointment of a new advanced analysis lead. Ismael Ripoll will be responsible for leading the team which specialises in finite element analysis (FEA) covering a variety of areas including steel and flexible pipelines, pressure vessels and

about 7 years ago
WFS Technologies Introduces New Riser Monitor
Business & Finance

WFS Technologies Introduces New Riser Monitor

WFS Technologies has unveiled solutions to tackle the real-time monitoring of offshore risers both above and below surface, on fixed structures including jackets and braces. The new products allow for the measurement of 9-axis motion (vibration, orientation), local analytics and the reporting of rea

about 7 years ago
Boost for Chesapeake Bay Funding Program
Business & Finance

Boost for Chesapeake Bay Funding Program

Congressman C.A. Dutch Ruppersberger and his colleagues on the House Appropriations Committee have passed two bills funding key investments to the Chesapeake Bay. The committee this week passed the $46.4 billion Energy and Water Development bill, which funds programs that address climate change, imp

about 7 years ago
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