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Business & Finance

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China Retaliates against US Tariffs Hike
Business & Finance

China Retaliates against US Tariffs Hike

China is to raise the rate of additional tariffs imposed on some of the imported U.S. products from June 1.

about 7 years ago
Five More Ocean Carriers Join Digital Container Shipping Association
Business & Finance

Five More Ocean Carriers Join Digital Container Shipping Association

The Digital Container Shipping Association welcomes five more members.

about 7 years ago
OPT Marks Power Milestone in Eni’s MaREnergy Project
Business & Finance

OPT Marks Power Milestone in Eni’s MaREnergy Project

Ocean Power Technologies’s PB3 PowerBuoy deployed in the Adriatic Sea has produced more than 1 MWh cumulative energy to date. The PowerBuoy has been deployed for six months, operating continuously and error-free while being controlled remotely from OPT’s NJ facility. George H. Kirby, OPT’s president

about 7 years ago
Cleanup of the Lower Willamette River on the Way
Business & Finance

Cleanup of the Lower Willamette River on the Way

The U.S. Environmental Protection Agency (EPA) has announced an agreement in principle with the city of Portland and state of Oregon to help fund detailed cleanup plans for the 10-mile Portland Harbor Superfund. “This agreement with the city of Portland and the state of Oregon represents another imp

about 7 years ago
Royal IHC Opts for Radio Holland: NavCom Package for Two CSDs
Business & Finance

Royal IHC Opts for Radio Holland: NavCom Package for Two CSDs

Radio Holland Netherlands booked an order recently to deliver a NavCom package to two cutter suction dredgers, built by Royal IHC. The vessels will have an overall length of 147.4 meters and provide a maximum dredging depth of 35 meters. In addition, they will offer accommodation facilities for 73 p

about 7 years ago
Danaos Reports First-Quarter Profit Rise
Business & Finance

Danaos Reports First-Quarter Profit Rise

Danaos Corporation wrapped up Q1 2019 with a considerably increased net income.

about 7 years ago
Eidesvik secures source vessel job in North Sea
Business & Finance

Eidesvik secures source vessel job in North Sea

Norwegian shipping company Eidesvik Offshore has been awarded a contract in the North Sea for the Veritas Viking vessel.

about 7 years ago
North Myrtle Beach: Offshore Winds and Waves Slow Pipes Mobilization
Business & Finance

North Myrtle Beach: Offshore Winds and Waves Slow Pipes Mobilization

Sand pumping operations were scheduled to start Monday, May 13, in North Myrtle Beach, South Carolina, but strong offshore winds and waves have slowed offshore pipe mobilization, delaying the start of beach nourishment a few days, the City of North Myrtle Beach said in its latest release. The projec

about 7 years ago
Lekoil withdraws legal action in Nigeria over offshore block
Business & Finance

Lekoil withdraws legal action in Nigeria over offshore block

Nigerian oil company Lekoil will drop legal action aimed at confirming its acquisition of a stake in an offshore block from Afren.

about 7 years ago
DNV GL Certifies SeeOs Offshore Substation Concept
Business & Finance

DNV GL Certifies SeeOs Offshore Substation Concept

Atlantique Offshore Energy, part of Chantiers de l’Atlantique, has secured certification from DNV GL for its SeeOs modular electrical substation concept for offshore wind farms. According to the company, the Certification Report and Statement of Compliance is a crucial step in approving the design o

about 7 years ago
Damen: Major Milestone for CEMEX Go Innovation
Business & Finance

Damen: Major Milestone for CEMEX Go Innovation

Last week, Damen Dredging celebrated the completion of the assembly of the screening installation for the new dredger, the CEMEX Go Innovation. The screening installation is designed for the aggregate dredger type MAD3500 currently under construction. This hopper dredger features several innovative

about 7 years ago
NRF: Latest Tariffs Are Too Great a Gamble for US Economy
Business & Finance

NRF: Latest Tariffs Are Too Great a Gamble for US Economy

US released a list of USD 300 billion of Chinese goods that will be targeted by additional tariffs of 25 percent.

about 7 years ago
Wilson Sons Successfully Completes Repair Work on Van Oord’s Simson
Business & Finance

Wilson Sons Successfully Completes Repair Work on Van Oord’s Simson

Wilson Sons Estaleiros, one of Brazil’s largest providers of integrated logistics and supply chain solutions, began April with the dry-docking of the hydraulic backhoe dredger Simson – owned by Dutch company Van Oord. The dry-docking includes structural repairs and improvements in the box-cooler, ac

about 7 years ago
Lautoka Wharf Dredging Project in Fiji Almost Done
Business & Finance

Lautoka Wharf Dredging Project in Fiji Almost Done

Fiji’s first iron sand export facility is one step closer to completion, with the contractor Hall Pacific set to finish dredging of a new berth pocket at Lautoka Wharf this week. The works will allow large carrier ships to enter the new facility, where they can be loaded with mineral-rich black sand

about 7 years ago
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