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Business & Finance

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IJmuiden Sea Lock Project Update for May and June
Business & Finance

IJmuiden Sea Lock Project Update for May and June

In May and June, OpenIJ – a consortium of construction companies building the world’s largest sea lock in IJmuiden in The Netherlands – will be very busy with the sinking operation of the inner head. Furthermore, work will also be carried out on the local control buildings, on the connection between

about 7 years ago
PGS Completes 3D Seismic Off Guinea
Business & Finance

PGS Completes 3D Seismic Off Guinea

Norwegian seismic player PGS has completed a multi-client 3D acquisition offshore Republic of Guinea. PGS’ latest acquisition covered blocks A4 and A5 offshore Guinea and was completed on 8th May 2019. Fast-track processing is ongoing. The Guinea survey is PGS’ first multi-client project in collabor

about 7 years ago
Newt Marine Service to Repair L601 Levee on the Missouri River
Business & Finance

Newt Marine Service to Repair L601 Levee on the Missouri River

The U.S. Army Corps of Engineers, Omaha District, awarded an $8.5 million contract Wednesday to close a breach in the L601 levee along the Missouri River near river mile 583, northwest of Bartlett, in Mills County Iowa. USACE awarded the contract to Newt Marine Service out of Dubuque, Iowa. The brea

about 7 years ago
DryShips to Invest Up to USD 100 Mn in Scrubbers, Ballast Systems
Business & Finance

DryShips to Invest Up to USD 100 Mn in Scrubbers, Ballast Systems

DryShips reveals future proofing plan to install scrubbers and ballast water systems on its fleet.

about 7 years ago
Panama Canal Hosts Its Biggest Containership to-Date
Business & Finance

Panama Canal Hosts Its Biggest Containership to-Date

The 369-meter-long Triton has set a new record in size and container cargo capacity in the Panama Canal.

about 7 years ago
Shipyard De Hoop Delivers New Expedition Ship to Celebrity Cruises
Business & Finance

Shipyard De Hoop Delivers New Expedition Ship to Celebrity Cruises

The new expedition cruise ship Celebrity Flora is specifically designed for Galapagos Islands.

about 7 years ago
BIMCO Elects Its First Female President
Business & Finance

BIMCO Elects Its First Female President

BIMCO elected Şadan Kaptanoğlu, managing director of HI Kaptanoglu Shipping, as new President on May 14.

about 7 years ago
Transocean raising $500M via note offering
Business & Finance

Transocean raising $500M via note offering

Offshore drilling company Transocean has started a private note offering in a push to raise $500 million.

about 7 years ago
Yang Ming Forms Subsidiary in Indonesia
Business & Finance

Yang Ming Forms Subsidiary in Indonesia

The new company will operate from three branch offices.

about 7 years ago
Jan De Nul’s TSHD Sanderus Hits the Water
Business & Finance

Jan De Nul’s TSHD Sanderus Hits the Water

Jan De Nul Group launched their 6.000m³ trailing suction hopper dredger (TSHD) Sanderus in Singapore last week. This green vessel – Jan De Nul’s fourth Ultra-Low Emission – is the first of two identical medium-sized hopper dredgers under construction at Keppel O&M’s shipyard in Singapore, fitted wit

about 7 years ago
COSCO Shipping Ports Finalizes Deal for USD 3 Bn Peru Port
Business & Finance

COSCO Shipping Ports Finalizes Deal for USD 3 Bn Peru Port

Port of Chancay became COSCO Shipping Ports’ first greenfield subsidiary in South America.

about 7 years ago
Johan Sverdrup Phase 2 Plan Gets Go-Ahead
Business & Finance

Johan Sverdrup Phase 2 Plan Gets Go-Ahead

The plan for development and operation (PDO) of the second phase of the Johan Sverdrup field development was formally approved by Norwegian authorities on 15 May. The same day sees the construction start of the field’s second processing platform at Aibel’s yard in Haugesund. “This is a big day for E

about 7 years ago
Avance Gas Fetches USD 515 Mn Refinancing
Business & Finance

Avance Gas Fetches USD 515 Mn Refinancing

Avance Gas would enable refinance its outstanding debt with the USD 515 million credit facility.

about 7 years ago
Deep to Survey Northland’s Two German Offshore Wind Sites
Business & Finance

Deep to Survey Northland’s Two German Offshore Wind Sites

Deep BV said it has been awarded two service contracts at the Northland Power offshore wind farm sites. The two five-year contracts will see the Dutch hydrography and geophysics specialist deliver subsea surveys services at Deutsche Bucht and Nordsee One wind farms. Financial details surrounding the

about 7 years ago
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