ZIM managed to shrink its net loss in the first quarter of the year as revenues, volumes increased.
Tidal defenses in Great Yarmouth are set to receive a £40.3 million refurbishment, according to the the Environment Agency latest report. The work will see 46 flood defense walls refurbished at locations across the town using an innovative technique that will extend their lifespan by up to 30 years.
Australia’s BHP has entered into a new gas supply agreement with its compatriot AGL Energy for the supply of natural gas from the Gippsland Basin, off Victoria.
For the second time in recent years, the Louisiana Coastal Protection and Restoration Authority (CPRA) has been named a national winner for Best Restored Beaches from the American Shore and Beach Preservation Association (ASBPA). CPRA’s Caminada Headland Beach and Dune Restoration project restored m
The €20-million flagship EU tidal energy project, Enabling Future Arrays in Tidal (EnFAIT), has reduced the cost of tidal energy by 15 per cent and grown its supply chain from four to 14 EU countries. EnFAIT is an academic-industry collaboration between nine European partners focused on demonstratin
The U.S. House of Representatives Appropriations Committee earlier this week passed the 2020 Energy and Water Appropriations bill, which was amended to include $200 million in funding for Everglades restoration. “The federal government, in the last century, manipulated Florida’s water to bring it to
Offshore accommodation specialist HB Rentals has secured a rental contract worth in excess of seven figures for the supply of a modularised temporary living complex for 28 people on a subsea support vessel of a leading Danish offshore marine services provider. The project is for the supply of 14 two
Reservoir stimulation technology provider Fishbones has appointed Lars-Tore Berg as its chief technology officer and also increased its staff base by 25%. Following successful new projects in Qatar, Egypt and China, the seven new hires will be based across the company’s sales and R&D teams and will
Hyundai Heavy Industries has secured newbuilding agreements for two LNG carriers from European owners.
Aquaterra Energy, an offshore engineering solutions provider, has opened its first engineering office and warehouse facility in Perth, Australia.
iSURVEY, a provider of survey and positioning services, has signed a drilling hazard survey contract with Swedish oil company Lundin Petroleum.
Diana Shipping signs time charter contract for one of its Capesize bulkers with Singapore’s Koch Shipping.
Ship Finance International closes Q1 2019 with a considerably higher net income.
Royal IHC has signed a contract with Cameroon’s Port Authority of Douala (PAD) for the delivery of an IHC Beaver 50 cutter suction dredger and Delta Multi Craft 1450 work boat. “An important aspect of the contract is the transfer of knowledge by on-site assistance, training and consultancy. With thi
