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Business & Finance

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Luedtke Engineering Bags Fairport Harbor Dredging Deal
Business & Finance

Luedtke Engineering Bags Fairport Harbor Dredging Deal

The U.S. Army Corps of Engineers, Buffalo District, has awarded a $1.131 million contract to conduct dredging of the federal navigation channel in Fairport Harbor, Ohio, during the summer of 2019. Luedtke Engineering Co., based in Frankfort, Michigan, won the contract on April 30, 2019. Under this c

about 7 years ago
Reach Subsea Vessel to Support Titanic Survey Expedition
Business & Finance

Reach Subsea Vessel to Support Titanic Survey Expedition

Reach Subsea’s Havila Harmony will serve as the topside support vessel for citizen explorers, researchers, content experts, and crew throughout the OceanGate’s 2019 Titanic Survey Expedition. The Havila Harmony is scheduled to depart from St. John’s, Newfoundland in June 2019 and steam nearly 380 na

about 7 years ago
Engie and EDP Aim for Offshore Wind Top Spots with New Joint Venture
Business & Finance

Engie and EDP Aim for Offshore Wind Top Spots with New Joint Venture

Engie and EDP have signed a strategic Memorandum of Understanding (MoU) to create a co-controlled 50/50 joint-venture (JV) in fixed and floating offshore wind. The new entity will be the exclusive vehicle of investment of EDP, through its subsidiary EDP Renewables (EDPR), and Engie for offshore wind

about 7 years ago
Engie and EDP Aim for Offshore Wind Top Spots with New Joint Venture
Business & Finance

Engie and EDP Aim for Offshore Wind Top Spots with New Joint Venture

Engie and EDP have signed a strategic Memorandum of Understanding (MoU) to create a co-controlled 50/50 joint-venture (JV) in fixed and floating offshore wind. The new entity will be the exclusive vehicle of investment of EDP, through its subsidiary EDP Renewables (EDPR), and Engie for offshore wind

about 7 years ago
Zeaborn Ship Management Aims to Grow Fleet to 250 Ships, Gets New CEO
Business & Finance

Zeaborn Ship Management Aims to Grow Fleet to 250 Ships, Gets New CEO

Zeaborn to grow its managed fleet to 250 vessels with the support of its new CEO.

about 7 years ago
IADC: Challenges of Optical Backscatter Monitoring
Business & Finance

IADC: Challenges of Optical Backscatter Monitoring

In the latest edition of their Terra et Aqua magazine, the International Association of Dredging Companies (IADC) put a special spotlight on the challenges of optical backscatter monitoring in mixed sediment environments. Optical backscatter instruments (OBS) are very popular instruments for measuri

about 7 years ago
Ocean Yield Takes Delivery of Scorpio’s Ultramax Pair
Business & Finance

Ocean Yield Takes Delivery of Scorpio’s Ultramax Pair

Ocean Yield ASA takes delivery of two 2017-built Ultramax dry bulk vessels.

about 7 years ago
TechnipFMC Picks Frames Package for Eni Merakes Field
Business & Finance

TechnipFMC Picks Frames Package for Eni Merakes Field

Oil and gas process equipment supplier Frames has been awarded a contract to supply TechnipFMC with the hydraulic control systems for subsea wells and subsea isolation valves in the Eni Merakes field tie-back to the existing Jangkrik Floating Production Unit in offshore East Kalimantan, Indonesia. T

about 7 years ago
Van Drew Highlights Importance of Stone Harbor Renourishment
Business & Finance

Van Drew Highlights Importance of Stone Harbor Renourishment

At last week’s House Natural Resources Committee hearing, New Jersey Congressman Jeff Van Drew informed Secretary David Bernhardt of the U.S. Department of the Interior about the problems facing the Borough of Stone Harbor in relation to the Coastal Barrier Resources Act. “CBRA was passed in 1982 to

about 7 years ago
Norled to Change Ownership
Business & Finance

Norled to Change Ownership

Norwegian DSD has signed an agreement to sell its ferry company Norled.

about 7 years ago
ROVOP Expands in Europe with New Office and Team Member
Business & Finance

ROVOP Expands in Europe with New Office and Team Member

ROVOP has expanded into mainland Europe with the appointment of Job Biersteker as business development manager in its new facility located in Rotterdam. Job has been active in the subsea industry for nearly a decade and has had various positions including ROV technician, project engineer and project

about 7 years ago
$26 Million Grand Calumet River Cleanup Project Starts Soon
Business & Finance

$26 Million Grand Calumet River Cleanup Project Starts Soon

The U.S. Environmental Protection Agency (EPA) has just announced that a $26 million cleanup will begin this month on Lake George Canal in the cities of East Chicago and Hammond, Indiana. The waterway is part of the Grand Calumet River Area of Concern on Lake Michigan, identified by the United State

about 7 years ago
Sonardyne Snaps Up EIVA
Business & Finance

Sonardyne Snaps Up EIVA

Subsea technology and systems provider Sonardyne has acquired Denmark-based maritime software and equipment specialist EIVA. EIVA will join the Sonardyne group of companies while remaining an independent business and brand. EIVA Chief Executive Officer Jeppe Nielsen, who has been CEO since 2011, wil

about 7 years ago
Esbjerg and Ulsan Forge Offshore Wind Bond
Business & Finance

Esbjerg and Ulsan Forge Offshore Wind Bond

Denmark’s Municipality of Esbjerg has signed an agreement to establish cooperation in the field of offshore wind energy with South Korea’s Ulsan Metropolitan City. In February 2019, the Royal Danish Embassy in Korea entered a cooperation agreement on renewable energy with the Ulsan Metropolitan City

about 7 years ago
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