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
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
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.
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
Teekay is to sell remaining interests in Teekay Offshore Partners to Brookfield for USD 100 million.
AIE was granted a planning approval for New South Wales’ first liquefied natural gas import terminal.
OOIL is to sell the Long Beach Container Terminal to Macquarie Infrastructure Partners for USD 1.78 billion.
NYK Line closed the fiscal year 2018 with a net loss of JPY 44.5 billion (USD 398.3 million).
Offshore drilling contractor Diamond Offshore has been awarded drilling contracts for two of its 2014-built drillships with Woodside in Senegal.
OOCL’s revenues grew in the first quarter of 2019, with the largest rise seen in the Trans-Atlantic trade.
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.
The vessels in question are the Flex Endeavour and Flex Enterprise.
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
The new Post-Panamax belongs to a series of four Polar class ships.