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Business & Finance

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Magnora CEO and CFO steps down
Business & Finance

Magnora CEO and CFO steps down

Chief executive officer (CEO) and chief financial officer (CFO) of Oslo-listed company Magnora has stepped down from the roles effective immediately.

about 7 years ago
Tsakos Columbia Chooses Electronic Payments for Crew
Business & Finance

Tsakos Columbia Chooses Electronic Payments for Crew

Tsakos Columbia Shipmanagement introduced electronic payments for crews aboard a fleet of 90 vessels.

about 7 years ago
PLOCAN Recognized in Excellens Mare Prizes 2019
Business & Finance

PLOCAN Recognized in Excellens Mare Prizes 2019

The Canary Island Oceanic Platform (PLOCAN) has been awarded the Navigare Mare 2019 prize in the Excellens Mare Prizes 2019. PriceWaterhouseCoopers (pwc) granted the prize to acknowledge the merit and excellence of entities and people who do an outstanding job in the sustainable development of marin

about 7 years ago
Deep Down Expands Board of Directors
Business & Finance

Deep Down Expands Board of Directors

Deep Down has appointed David J. Douglas, principal of Jamaka Capital Management, and Neal I. Goldman of Goldman Capital Management to its board of directors. The appointments fill two recent vacancies on the board, expanding from two to three the number of independent directors on Deep Down’s four

about 7 years ago
Major European Yards Embarking on Data Integration
Business & Finance

Major European Yards Embarking on Data Integration

The project is named Code Kilo and is taken up by EUROYARDS members.

about 7 years ago
Two More IHC Beavers Hit the Water in UAE
Business & Finance

Two More IHC Beavers Hit the Water in UAE

Following the February launch of their first IHC Beaver ever built in the Middle East, Royal IHC said in its latest announcement that two more dredgers officially hit the water last week in the United Arab Emirates. “The project is managed by a local team from the IHC entity in Dubai and supported b

about 7 years ago
Drewry: Slowing World Trade Dents Heavylift Shipping Outlook
Business & Finance

Drewry: Slowing World Trade Dents Heavylift Shipping Outlook

Drewry: Multipurpose and heavylift prospects after 2019 are muted by an expected slowdown in world trade.

about 7 years ago
Odyssey Marine Expands Mineral Asset Portfolio
Business & Finance

Odyssey Marine Expands Mineral Asset Portfolio

Odyssey Marine Exploration has entered into a share purchase agreement with Seabed Capital to acquire Seabed’s controlling interest in the company that holds a potentially significant subsea mineral deposit in the South Pacific in a non-cash transaction. This transaction aligns with Odyssey’s busine

about 7 years ago
Senators Push for Navigation and Ecosystem Restoration Program
Business & Finance

Senators Push for Navigation and Ecosystem Restoration Program

U.S. Senators Roy Blunt, Dick Durbin, Chuck Grassley and Tammy Baldwin, along with U.S. Representatives Jason Smith and Cheri Bustos, led a bipartisan, bicameral letter to Senate and House appropriators urging the inclusion of funding for the Navigation and Ecosystem Restoration Program (NESP) in th

about 7 years ago
Scorpio Bulkers Inks Sale and Leaseback for Six Bulkers
Business & Finance

Scorpio Bulkers Inks Sale and Leaseback for Six Bulkers

Scorpio Bulkers agreed to sell and leaseback six Ultramax vessels to AVIC International Leasing.

about 7 years ago
Ocean Infinity Adds Chief Commercial Officer
Business & Finance

Ocean Infinity Adds Chief Commercial Officer

Ocean Infinity has appointed Paul Helmore as chief commercial officer (CCO). Paul joins Ocean Infinity from Schlumberger, where most recently he was director Global Accounts, responsible for overseeing relationships with customers. Paul will oversee all aspects of the group’s commercial activities,

about 7 years ago
BP dishes out $500 million contract for operations in Caspian Sea
Business & Finance

BP dishes out $500 million contract for operations in Caspian Sea

Turan Drilling & Engineering Company, a KCA Deutag and SOCAR AQS company, has been awarded its first contract, which is with BP.

about 7 years ago
Works on the Tilbury 2 Project in Full Swing
Business & Finance

Works on the Tilbury 2 Project in Full Swing

Works are progressing well at the new Tilbury 2 port site where Graham Construction are building a new deep water berthing facility. Early marine works currently underway include the investigation of archaeology, obstructions and unexploded ordnance (UXO) using specialist dive teams and excavation e

about 7 years ago
Brisbane Breaks Ground on New Cruise Ship Terminal
Business & Finance

Brisbane Breaks Ground on New Cruise Ship Terminal

Within the first five years Brisbane’s new International Cruise Terminal is to handle over 1,100 vessel calls.

about 7 years ago
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