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Business & Finance

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IADC Young Author Award 2019 for Ms Cao Lei
Business & Finance

IADC Young Author Award 2019 for Ms Cao Lei

The International Association of Dredging Companies (IADC) bestowed the Young Author Award 2019 to Ms Cao Lei, Engineer at the CCCC National Engineering Research Center of Dredging Technology and Equipment in Shanghai, China, last week. IADC’s Young Author Award is given annually to ‘stimulate the p

about 7 years ago
Aker Solutions Sees Profit Boost in Q1
Business & Finance

Aker Solutions Sees Profit Boost in Q1

Aker Solutions has seen its profit go up in the first-quarter 2019 at NOK 149 million, or NOK 0.54 per share, versus net income of NOK 105 million, or NOK 0.38 same time last year. Excluding special items, Q1 2019 EPS was NOK 0.57. Sequentially, basic EPS was down NOK 0.04. The Norwegian services co

about 7 years ago
BP profit dips on lower prices. Production up
Business & Finance

BP profit dips on lower prices. Production up

British oil major BP posted a slight dip in the first quarter underlying replacement cost (RC) profit, citing the weaker oil price and margin environment at the start of the quarter.

about 7 years ago
Oceanside Harbor Dredging Begins
Business & Finance

Oceanside Harbor Dredging Begins

Manson Construction officially kicked off the City of Oceanside Harbor Dredging Program yesterday, the city said in its latest announcement. Over the last few days, the company moved its equipment from the recently completed Ventura County dredge project and started works on the Oceanside scheme. Du

about 7 years ago
Teekay Agrees to Shed Remaining Stake in Teekay Offshore
Business & Finance

Teekay Agrees to Shed Remaining Stake in Teekay Offshore

Teekay is to sell remaining interests in Teekay Offshore Partners to Brookfield for USD 100 million.

about 7 years ago
AIE Gets Green Light for NSW’s First LNG Terminal
Business & Finance

AIE Gets Green Light for NSW’s First LNG Terminal

AIE was granted a planning approval for New South Wales’ first liquefied natural gas import terminal.

about 7 years ago
OOIL Selling Long Beach Terminal for USD 1.78 Bn
Business & Finance

OOIL Selling Long Beach Terminal for USD 1.78 Bn

OOIL is to sell the Long Beach Container Terminal to Macquarie Infrastructure Partners for USD 1.78 billion.

about 7 years ago
NYK Posts Red Ink, Changes Its Chairman
Business & Finance

NYK Posts Red Ink, Changes Its Chairman

NYK Line closed the fiscal year 2018 with a net loss of JPY 44.5 billion (USD 398.3 million).

about 7 years ago
Woodside hires two Diamond drillships for Senegal operations
Business & Finance

Woodside hires two Diamond drillships for Senegal operations

Offshore drilling contractor Diamond Offshore has been awarded drilling contracts for two of its 2014-built drillships with Woodside in Senegal.

about 7 years ago
OOCL’s Revenue, Volumes Continue Growing
Business & Finance

OOCL’s Revenue, Volumes Continue Growing

OOCL’s revenues grew in the first quarter of 2019, with the largest rise seen in the Trans-Atlantic trade.

about 7 years ago
Anadarko to resume takeover talks with Oxy
Business & Finance

Anadarko to resume takeover talks with Oxy

Anadarko Petroleum intends to resume negotiations with Occidental Petroleum (Oxy) in response to Occidental’s proposal to acquire the company. Anadarko says that Oxy’s bid could result in a “superior proposal” to that made by Chevron.

about 7 years ago
Flex LNG Enters Sale-Charterback Deal for LNG Carrier Duo
Business & Finance

Flex LNG Enters Sale-Charterback Deal for LNG Carrier Duo

The vessels in question are the Flex Endeavour and Flex Enterprise.

about 7 years ago
Skamokawa Creek, Westport Slough Dredging Plans on Display
Business & Finance

Skamokawa Creek, Westport Slough Dredging Plans on Display

The USACE Portland District is seeking public comment on the Federal Navigation Channel Operations and Maintenance Dredging and Dredged Material Placement draft Environmental Assessment (EA) for Skamokawa Creek, Westport Slough, Old Mouth Cowlitz River and Upstream Entrance to Oregon Slough. “The dr

about 7 years ago
Hamburg Süd Christens Polar Class Containership
Business & Finance

Hamburg Süd Christens Polar Class Containership

The new Post-Panamax belongs to a series of four Polar class ships.

about 7 years ago
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