Dredging and excavation specialist X-Subsea’s Norwegian division has been declared bankrupt. The Mandal-based division, which currently employs 47 people, has failed to secure a financial boost after its parent company Reef Subsea Norway filed for bankruptcy earlier in February this year, causing a
The year 2014 was exceptional in many ways, Van Oord, a Dutch contracting company that specializes in dredging and land reclamation, announced today. From a financial perspective, Van Oord achieved a record turnover of EUR 2.104 billion (2013: EUR 1.641 billion). It is the first time in the company’
Regulators, funding agencies and proponents worldwide are imposing increasingly strict environmental regulations to minimize the potential impact of marine construction activities, and more specifically, the underwater sound generated by such activities. Marine fauna may be adversely affected by mar
Matrix Composites & Engineering Ltd (Matrix) has been awarded a number of new contracts totalling US$32.2m (AUD$41.82m) for the supply of drilling riser buoyancy. A number of contracts are for the supply of riser buoyancy to a shipyard whose client, a large offshore drilling contractor, has not used
A North Jersey tugboat captain died, and three crew members needed to be rescued from the Atlantic Ocean after their vessel sank off Fire Island, N.Y. two days ago. The boat, owned by Wittich Brothers Marine, Inc, was working in Moriches on a dredging project and was traveling back to its base in Ba
JDR has establised a new service and maintenance facility in Port Harcourt and Lagos, Nigeria in partnership with Royal Niger Emerging Technologies. In the agreement, which also establishes a long-term trade partnership, the Global Service division of JDR is providing local content to the West Afric
ABB said that the company has won an order to deliver complete electric power plant, electrical propulsion systems and an energy management solution for Estonia-based Tallink Grupp´s new LNG-powered fast ferry.
ABB said that the company has won an order to deliver complete electric power plant, electrical propulsion systems and an energy management solution for Estonia-based Tallink Grupp´s new LNG-powered fast ferry.
Statoil has, on behalf of the Johan Sverdrup partnership, awarded a contract to ABB for land-based power supply to phase 1 of the Johan Sverdrup field. The contract value is around NOK 1.1 billion ($155 million), and covers delivery of electrical equipment for a converter station by the Kårstø proce
The New Suez Canal development scheme is progressing according to the plan, and is scheduled to be completed this August. The opening of the new waterway will almost double the Suez Canal capacity and is expected to increase annual revenues to $13.5 billion by 2023. The project was launched by the C
Statoil has, on behalf of the Johan Sverdrup partnership, awarded a contract to ABB for land-based power supply to phase 1 of the Johan Sverdrup field. The contract value is around NOK 1.1 billion ($133.9 million), and covers delivery of electrical equipment for a converter station by the Kårstø pro
EMO Marine Technologies Ltd., based in Nova Scotia, has successfully delivered a Mini-T High Definition Mux system upgrade for a Schmidt Ocean Institute ROV. The system utilizes EMO Marine’s factor multiplexer (MUX) system the Mini-T. The ROV upgrade now provides a fiber-optic MUX system that can tr
Representative Marcy Kaptur (OH-09) has announced that the United States Coast Guard is working actively to assist in flood relief efforts in Vermillion River, the Port of Huron, and the Rocky River. This intervention is the result of collaboration between Representative Kaptur and local officials i
De Vries & Van de Wiel, part of the Belgian dredging, hydraulic engineering and environmental solutions group DEME, has commissioned Nauplius Workboats to convert a high-speed ship into a survey vessel for hydrographic research. “We have made a number of structural and equipment modifications to mak
