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Business & Finance

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Ørsted’s Ex Wind CEO Finds New Gig
Business & Finance

Ørsted’s Ex Wind CEO Finds New Gig

Macquarie’s Green Investment Group (GIG) has appointed Ørsted Wind Power’s former CEO Samuel Leupold as Chairman of Wind Energy. In this newly created position, Leupold will support the development and implementation of GIG’s global strategy for offshore and onshore wind. According to GIG, the new c

about 7 years ago
Ørsted Launches Third Round of East Coast Skills Fund
Business & Finance

Ørsted Launches Third Round of East Coast Skills Fund

Ørsted has opened the third round of its East Coast Skills Fund for applications, with GBP 55,000 available for coastal areas of Yorkshire, Lincolnshire and North Norfolk. The grants will be available to organizations that can develop and deliver Science, Technology, Engineering and Maths (STEM) rel

about 7 years ago
Ørsted Launches Third Round of East Coast Skills Fund
Business & Finance

Ørsted Launches Third Round of East Coast Skills Fund

Ørsted has opened the third round of its East Coast Skills Fund for applications, with GBP 55,000 available for coastal areas of Yorkshire, Lincolnshire and North Norfolk. The grants will be available to organizations that can develop and deliver Science, Technology, Engineering and Maths (STEM) rel

about 7 years ago
COSCO England Collides with Another Ship at Port Kelang
Business & Finance

COSCO England Collides with Another Ship at Port Kelang

COSCO England collided with another vessel while berthing at a port in Malaysia.

about 7 years ago
Aker BP Adds New SVP Projects
Business & Finance

Aker BP Adds New SVP Projects

Aker BP has appointed Knut Sandvik as senior vice president Projects. He will be a part of the executive management team and will report to CEO Karl Johnny Hersvik. Sandvik has worked for Aker Solutions for more than 30 years, joining what was then Norwegian Contractors as a field engineer in 1987.

about 7 years ago
MPC Container Ships Fetches USD 40 Mn Credit
Business & Finance

MPC Container Ships Fetches USD 40 Mn Credit

MPC Container Ships signed a USD 40 million credit facility agreement at “attractive terms”.

about 7 years ago
RH Marine Systems for LNG TSHD Ecodelta
Business & Finance

RH Marine Systems for LNG TSHD Ecodelta

RH Marine has supplied its Rhodium Alarm Monitoring System (AMS) and Dynamic Positioning and Tracking Control System (DPT) for the Ecodelta, the first Dutch dredger on LNG. The trailing suction hopper dredger (TSHD), owned by Van der Kamp, is 134 meters long, 21 meters wide and can dredge up to 37 m

about 7 years ago
COSCO Shipping International Eyes Expansion in Malaysian Market
Business & Finance

COSCO Shipping International Eyes Expansion in Malaysian Market

COSCO Shipping International (Singapore) plans to expand its logistics business operations in Malaysia.

about 7 years ago
PGS Q1 Loss Widens
Business & Finance

PGS Q1 Loss Widens

Petroleum Geo-Services (PGS), reported loss for the first quarter ended March 31, 2019 of $65 million versus loss of $40 million in the prior-year quarter. Basic loss per share was 19 cents, down from 12 cents per share loss same time last year. Norway-based PGS generated $129 million in quarterly r

about 7 years ago
Intercargo: Liquefaction Caused Most Loss of Life from Bulk Casualties
Business & Finance

Intercargo: Liquefaction Caused Most Loss of Life from Bulk Casualties

Cargo failure and liquefaction caused more than half of loss of life arising from bulk casualties, Intercargo said.

about 7 years ago
Botlek Deepening Inaugurated
Business & Finance

Botlek Deepening Inaugurated

The Port of Rotterdam Authority has officially inaugurated the deepening of the Nieuwe Waterweg and Botlek basin, making this port complex accessible for ships up to 15 meter draught. The dredging scheme was carried out by Boskalis (Maassluis to the Benelux Tunnel and the Botlek) and Van der Kamp (f

about 7 years ago
Final Funding for Three LA Coastal Protection Projects
Business & Finance

Final Funding for Three LA Coastal Protection Projects

Gov. John Bel Edwards yesterday announced that the Louisiana Coastal Protection and Restoration Authority (CPRA) will be using an innovative financing strategy for the three important coastal protection projects. The strategy will provide $18.5 million to fully fund the Grand Bayou Flood gate – a cr

about 7 years ago
Torrey Pines Dredging Project Proposed
Business & Finance

Torrey Pines Dredging Project Proposed

The Los Penasquitos Lagoon Foundation is proposing to excavate cobble and sand from the Torrey Pines State Natural Reserve’s lagoon mouth and inlet channels, to restore tidal flow and prevent the lagoon from becoming anoxic and a public health hazard. “The Corps had previously permitted this work un

about 7 years ago
Buffalo Bayou Desilting Operations in Full Swing
Business & Finance

Buffalo Bayou Desilting Operations in Full Swing

The Buffalo Bayou desilting program is currently underway in a ‘2 1/2 mile segment’ of the bayou at the north end of Barker Reservoir, the U.S. Army Corps of Engineers’ Galveston District said in its latest project update. The Galveston District grants local drainage and flood control districts ease

about 7 years ago
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