Baker Hughes, a GE company, (BHGE) has reported profit of $32 million or 6 cents per diluted share on GAAP basis for the quarter ended March 31, 2019. Adjusted diluted earnings per share were 15 cents per share. The result compared with $70 million profit in Q1 2018, down 55%, and also down sequenti
Samsung Heavy has successfully built its first LNG-fueled vessels with its own technology.
Bibby Marine Services has appointed Equinor’s Michael Martins as Business Development Manager. Bibby said that the business goal is to add new vessels to its fleet, widening service offering and creating a larger geographical basis. The company has thus developed a range of vessel designs and is coo
Bibby Marine Services has appointed Equinor’s Michael Martins as Business Development Manager. Bibby said that the business goal is to add new vessels to its fleet, widening service offering and creating a larger geographical basis. The company has thus developed a range of vessel designs and is coo
Great Lakes Dredge & Dock Corporation (GLDD) has just reported financial results for the quarter ended March 31, 2019. Chief Executive Officer Lasse Petterson commented, “The first quarter of 2019 was an exceptional quarter driven by strong project performance, resulting in net income from continuin
Work on a multi-million pound scheme to reduce the flood risk to over 150 homes and businesses in Selly Park North is ready to protect people from flooding, reports the Environment Agency. The project is part of the EA’s program to invest £2.6 billion by 2021 protecting over 300,000 homes and busine
Sanibel Mayor Kevin Ruane has been re-appointed to serve on the South Florida Ecosystem Restoration Task Force by Governor Ron DeSantis. The Task Force is comprised of 14 members including federal, tribal, state, and local representatives, to develop policies, strategies, plans, programs, projects,
Baker Hughes, a GE company, saw less than half of the profit in the first quarter of the year compared to the profit in the same period last year as its orders grew by 9 percent.
Grindrod Shipping secures loan to finance a part of its two Ultramax eco newbuild vessels.
Scorpio Bulkers managed to slightly narrow its net loss to USD 3.5 million in the first quarter of 2019.
Panama Canal led to more hydrocarbon gas liquids, especially propane, being shipped from US to Asia.
Euronav ended the first quarter of 2019 with a net gain of USD 19.5 million.
Scotland’s new leasing round for offshore wind projects is likely to fully launch in October 2019, Crown Estate Scotland, the public body responsible for leasing Scotland’s seabed, has announced. There will also be a ‘pre-launch’ in the summer which will provide further details about the leasing and
Cortez Subsea has more than doubled its team across Aberdeen and Kuala Lumpur after being awarded a contract to lay a subsea pipeline using mechanical connectors offshore Malaysia. “We are delighted to welcome so many new faces to the company and will continue to bolster our team in Aberdeen and at
