ADPC will welcome global ports, key industry players and members of the International Association of Ports and Harbours (IAPH) who will attend the third annual edition of the World Ports and Trade Summit to be held Abu Dhabi from 19-20 March 2013. The Summit, spearheaded by ADPC, brings the industry
ADPC will welcome global ports, key industry players and members of the International Association of Ports and Harbours (IAPH) who will attend the third annual edition of the World Ports and Trade Summit to be held Abu Dhabi from 19-20 March 2013. The Summit, spearheaded by ADPC, brings the industry
Russia’s oil company Rosneft has signed two loan agreements with a group of international banks for the total amount of U.S. $16.8 billion to finance the acquisition of 50% stake in TNK-BP from BP. Pursuant to these loan agreements, Rosneft obtains a 5-year loan of U.S.$ 4.1 billion and a 2-year loa
The Shipping Corporation of India Ltd. (SCI) accepted delivery of a Kamsarmax Bulk carrier, m.v. “Vishva Jyoti”, on December 18, 2012. The vessel is the first of a series of four Kamsarmax bulk carriers ordered by SCI with Jiangsu Eastern Heavy Industries Co. Ltd., China. Orders for these vessels we
An update on the major beach fill project being conducted in Avalon has been announced. The dredger “Charleston” owned and operated by Norfolk Dredging is currently moving up the New Jersey coastline and and is located near Hereford Inlet between North Wildwood and Stone Harbor. The dredg
The Petroleum Safety Authority Norway (PSA) has granted Statoil consent to use the facilities on the Hyme field in the Norwegian Sea. Hyme is an oil and gas field located in the Norwegian Sea, approx. 19 km northeast of Njord and 10 km west of Draugen. The field is developed with a subsea template,
The construction project at the Bay St. Louis Municipal Harbor and Pier is moving forward. The first phase of this project began on November 5, 2012 with the dredging of more than 150,000 cubic yards of sand to make way for the harbor basin. The sand is being used to add to the existing sand [&helli
The newly captured contracts with an estimated value totaling USD 1.05 billion for five liquefied natural gas (LNG) carriers have been revealed by Hyundai Heavy Industry (HHI) on Sunday, Reuters reports. Namely, the South Korean shipbuilding company has received an order for one unit of 155,000 cubi
Windreich AG has won the Swiss SSN Group AG as an investor for Global Tech I, the first offshore wind project of Windreich. The SSN Group will invest millions of Euros in the offshore wind farm. Due to its strong position in the real estate market, the new partner has extensive experience in the fie
Senator Cathy Giessel, R-Anchorage, the newly-elected state senate district representative, and new chair of the Senate Resources Committee, may have uncovered a solution to allow dredging to take place in certain flood-prone streams and creek beds, and thus significantly help the Seward area’s floo
Electro Standards Laboratories, Cranston, RI, has collaborated with the University of Rhode Island, Kingston, RI, in the development of two new wave energy conversion systems to power remote sensor buoys. The green energy accomplishments include a Direct Drive System and a Resonant Drive System. The
DeepOcean UK, Ltd., a subsidiary of DeepOcean Group Holding AS, today announced it had been awarded a trenching contract by Subsea 7 on the Chevron-operated Gorgon Project in Australia. DeepOcean will be responsible for the project management, engineering and associated trenching works of approximat
DeepOcean UK, Ltd., a subsidiary of DeepOcean Group Holding BV, today announced an award from Statoil AS for the installation and trenching of a Permanent Reservoir Monitoring (PRM) System on the Snorre oil field in the North Sea, Norwegian Sector. The project represents DeepOcean UK’s largest ever
DeepOcean UK, Ltd., a subsidiary of DeepOcean Group Holding BV, today announced an award from Statoil AS for the installation and trenching of a Permanent Reservoir Monitoring (PRM) System on the Snorre oil field in the North Sea, Norwegian Sector. The project represents DeepOcean UK’s largest ever
