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Business & Finance

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WinGD Profits from Increased Confidence in LNG as Marine Fuel
Business & Finance

WinGD Profits from Increased Confidence in LNG as Marine Fuel

WinGD sees growth in orders for its low-pressure, dual-fuel two-stroke engines.

about 7 years ago
Odaw River Dredging Kicks Off
Business & Finance

Odaw River Dredging Kicks Off

The Odaw River Dredging Program in Ghana’s capital Accra, aimed to reduce possibility of flooding, is officially underway, local media reports. According to the contractor Dredge Masters, dredging of major drains in Accra must become a routine exercise to avert flooding. After inspecting the dredgin

about 7 years ago
Port of Rotterdam Volumes Keep Rising in 1Q 2019
Business & Finance

Port of Rotterdam Volumes Keep Rising in 1Q 2019

Port of Rotterdam cargo volumes increased by 5.1 percent during the first quarter of 2019.

about 7 years ago
Leask Marine Completes East Anglia One Task
Business & Finance

Leask Marine Completes East Anglia One Task

Leask Marine has completed a range of supporting activities for ABCO Marine at the East Anglia One offshore wind farm. The UK-based company was in charge of laying concrete mattresses and placing rock bags on the seabed, as well as supporting the Fugro 1200 jack-up. Leask Marine carried out these fo

about 7 years ago
Royal IHC VIDEO: Assembly of the 2000th Pump
Business & Finance

Royal IHC VIDEO: Assembly of the 2000th Pump

Two weeks ago, Royal IHC symbolically handed over the 2,000th dredge pump to be built by the company to its new owner – Jan De Nul Group. The 2,000th pump is one of two onboard double-walled dredge pumps for Jan De Nul Group’s new self-designed 18,000m³ trailing suction hopper dredger (TSHD) that is

about 7 years ago
Damen Shoalbuster for Herman Sr.
Business & Finance

Damen Shoalbuster for Herman Sr.

The naming ceremony of Herman Sr. BV’s new shoalbuster TEDDY took place at Damen Shipyards Hardinxveld yesterday. This latest addition to the Senior BV fleet will allow the company to expand the services that it offers to the dredging, offshore wind and other sectors. Herman Sr. BV. is a third-gener

about 7 years ago
ECSA: EU Parliament Adopts Maritime Single Window
Business & Finance

ECSA: EU Parliament Adopts Maritime Single Window

European Parliament adopted the proposal for a Regulation establishing a European Maritime Single Window.

about 7 years ago
AET Tankers’ Vessels Conduct Maiden LNG Bunkering Ops
Business & Finance

AET Tankers’ Vessels Conduct Maiden LNG Bunkering Ops

AET Tankers’ two LNG dual-fuel Aframax conducted maiden ship-to-ship LNG bunkering in Port of Rotterdam.

about 7 years ago
Seatec Scoops Up New Equipment Orders
Business & Finance

Seatec Scoops Up New Equipment Orders

The Nederlands-based technical solutions provider Seatec said it has received two new orders. The first award is for design and delivery of a deep-water pump system that can operate up to 3000 msw and have a lifting capacity of 300 tons. The unit will consist of the following main parts: ROV control

about 7 years ago
BIMCO: Capesize Ships in Pain as Chinese Iron Ore Imports Drop
Business & Finance

BIMCO: Capesize Ships in Pain as Chinese Iron Ore Imports Drop

BIMCO: Dry bulk shipping industry is feeling the impact of a continuing decrease in Chinese iron ore imports.

about 7 years ago
Schlumberger Profit Slips 20 Percent
Business & Finance

Schlumberger Profit Slips 20 Percent

Schlumberger has seen its quarterly profit fall some 20 per cent against last year’s Q1 result despite relatively flat revenue. The oilfield services giant generated Q1 2019 profit of $421 million, or 30 cents per share, on some $50 million higher revenue ($7.87 billion), against profit of $525 mill

about 7 years ago
ConocoPhillips sells UK business to Chrysaor for $2.7 billion
Business & Finance

ConocoPhillips sells UK business to Chrysaor for $2.7 billion

Oil major ConocoPhillips has entered into an agreement to sell two ConocoPhillips United Kingdom subsidiaries to Chrysaor for $2.675 billion, plus interest and customary adjustments.

about 7 years ago
Noble Corp. lands contract extensions for two offshore rigs
Business & Finance

Noble Corp. lands contract extensions for two offshore rigs

Offshore driller Noble Corporation has been awarded contract extensions for a semi-submersible drilling rig and a drillship.

about 7 years ago
Schlumberger books smaller profit in first quarter
Business & Finance

Schlumberger books smaller profit in first quarter

Oilfield services provider Schlumberger recorded a smaller profit in the first quarter of the year despite increase in revenues when compared to the prior-year period. Schlumberger expects the oil market sentiments to steadily improve over the course of 2019. According to its financial report for th

about 7 years ago
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