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  • USA: Low Water Levels – Threat to New Buffalo Harbor

    14 February 2013
    Business & Finance

    Low water levels, not low funds, maybe the biggest threat to the 2013 boating season in New Buffalo’s 1,000-vessel recreational harbor. “The water level is 17 inches below what it was this time last year. That’s huge, almost a foot and a half. We’ve broken the record low since the Army Corps of Engineers has […]

  • South Korea: Audit Slams Rivers Revitalization Project

    18 January 2013
    Business & Finance

    South Korea’s state auditor on Friday panned President Lee Myung-Bak’s $20 billion effort to dredge, dam and beautify four major rivers, saying it was riddled with costly flaws. Revitalizing the Han, Nakdong, Geum and Yeongsan rivers was the centrepiece of the outgoing president’s “Green New Deal”, a bold plan to create jobs after the 2008 […]

  • Cable protection- and hang-off systems are now ready for new offshore industries

    20 October 2021

    Engineered initially for the wind turbine industry, over the past few years the VPI Cable Hang-off system (HOS) has been further engineered and developed by a dedicated innovation team, which has resulted in the VPI Cable Hang-off system evolving into a multifunctional offshore solution. In addition, the Cable Protection System (CPS), also known as cast-iron […]

  • Maersk Group Delivers Best Result Ever

    23 February 2011
    Business & Finance

      Maersk Group today presents a profit of USD 5 billion. “Our people have done a truly great job,” says Group CEO Nils S. Andersen. In 2011, the Group will focus on expanding business and maintaining high profitability. Thanks to increased competitiveness and a rebound in the global economy, the Group delivered a profit of […]

  • Big Setback for the Townsville Port Expansion Project

    4 April 2018
    Business & Finance, Project & Tenders

    After nearly ten years of planning and the Environmental Impact Statement (EIS) approval received in February, the future of the Townsville Port Expansion Project is under threat because of funding cuts. The Federal Infrastructure Minister Paul Fletcher revealed today that the Turnbull Government wouldn’t be kicking in their share for the channel widening project, which has already received $75 […]

  • Shell in major cost-cutting drive as it gears up for energy transition

    22 September 2020
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Transition

    Oil major Shell has launched a major cost-cutting drive to save cash and overhaul its business in preparation for the energy transition.

  • New Equipment for PCE Terminal

    27 August 2015
    Business & Finance, Equipment, Technology

    As part of the plan to become one of the largest container terminals in Chile, Puerto Central S.A (PCE) in San Antonio is building a new multipurpose terminal with a 15m draft, allowing the port to handle Post-Panamax ships. Regarding this, Kalmar, part of Cargotec, said that they have received an order from PCE for […]

  • Emptying Piles with Bell Pump at Terneuzen

    16 January 2020
    Business & Finance

    Bell Dredging Pumps B.V. has just released these beautiful photos from a project at Sassevaart near Terneuzen, the Netherlands, where they are emptying tubular piles for the construction of the Nieuwe Sluis. The Bell 100 equipped with a double cutter head has a diameter of 1.1 meter and is lowered into the piles to pump […]

  • Most read stories on Green Marine in 2022

    2 January 2023
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Technology, Transition, Vessels

    As we enter a new year, it is time for us to have a look back at the most-read stories from the past year. 2022 has been a rather turbulent year in many respects. As the world started to emerge from the COVID-19 pandemic, another black swan event rocked the shipping markets to the core, […]

  • EA Urges Businesses to Prepare for Future Flooding (UK)

    25 November 2013
    Business & Finance

    One year on from some of the worst flooding in 2012, latest research by the Environment Agency reveals that last year’s record-breaking wet year in England could have cost the UK economy close to £600million. The overall financial cost to businesses of the extreme weather was up to £200m as total commercial property and contents […]

  • CMA CGM, Total Energies launch LNG bunkering service in France

    24 January 2022
    Ports & Logistics, Vessels

    French shipbuilding major CMA CGM and compatriot oil and gas company Total Energies have launched LNG bunkering operation service.

  • Funding Announced for GCT New York Dredging

    2 June 2015
    Business & Finance

    Governor Andrew M. Cuomo yesterday announced that more than $181 million in economic development funding has been approved for 24 projects that are spurring growth and opportunity in nine regions of the New York State. The funding, approved by Empire State Development’s Board of Directors, supports projects that are creating 1,524 new jobs and retaining […]

  • New insurance fund to act as ‘golden ticket’ for ocean energy scale-up

    18 February 2021
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Regulation & Policy

    Ocean Energy Europe (OEE) has appointed risk and insurance consultancy Renewable Risk Advisers to design a brand-new European insurance fund for the ocean energy sector as part of the EU-funded OceanSET project.

  • Chevron shuts in Tamar gas field amid unrest in Israel

    13 May 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Safety

    Chevron has shut down production at its Tamar field located offshore Israel amid escalating violence and tensions in the region.

  • Africa turning into hotspot for oil & gas exploration as investments reach $5.1 bln in 2022

    2 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Total capital expenditures (capex) for oil and gas exploration in Africa rose from $3.4 billion in 2020 to $5.1 billion in 2022.

  • Rotech Subsea continues working offshore Taiwan

    18 December 2020
    Project & Tenders

    Rotech Subsea has secured a contract for the second phase of cable trenching work at an undisclosed offshore wind project in Taiwan. Rotech said that it has also been contracted to supply an additional spread of equipment for a wholly new campaign for the same client which will run concurrently. The Aberdeen-based company completed an […]

  • Top News – August 11 to 17, 2014

    17 August 2014
    Business & Finance, Equipment, Technology

    Egypt to Build New Canal Alongside Suez Canal Egypt’s President Abdel Fattah al-Sisi attended the ceremony of launching the Suez Canal Axis Development Project at the Suez Canal Authority (SCA) club, Ismailia governorate.    Boskalis Posts Record Profit in First Half Year Royal Boskalis Westminster N.V. realized a net profit of EUR 253 million in […]

  • ZeroLab, Good Shipping turn to insetting to speed up decarbonization

    31 May 2021
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Infrastructure, Outlook & Strategy, Transition, Vessels

    ZeroLab, Torvald Klaveness’ subsidiary dedicated to the decarbonization of seaborne supply chains, has partnered with Dutch company GoodShipping, to offer all charterers the opportunity to compensate for their shipping-related emissions through insetting.

  • Lamprell mothballs one yard with plan to focus activities within one location

    14 April 2020
    Business & Finance, Business Developments & Projects, Infrastructure

    Offshore construction yard Lamprell is implementing a program aimed at achieving a significant reduction in the group amid a global health crisis. As a result, Lamprell has mothballed one facility with plans to close another one upon completion of current projects.

  • Portion of the New York Beach Restored

    15 May 2019
    Business & Finance, Project & Tenders

    Lt. Gen. Todd Semonite, USACE Commanding General and 54th U.S. Army Chief of Engineers, yesterday celebrated completion of the East Rockaway Inlet Maintenance Dredging and Beach Restoration Project. The announcement of the project’s completion was made on the boardwalk by the Army Corps and the City of New York. New York City’s Mayor Bill De […]

  • USA: New Sand Arrives at Robert Moses State Park

    10 March 2014
    Business & Finance, Equipment, Technology

    Robert Moses State Park will soon receive about 400,000 cubic yards of sand, according to news12.com. The sand for this project will be taken from the state boat channel beneath Ocean Parkway, and transported through a mile-long pipe onto the fields that were severely affected by erosion. The main goal of this beach fill program, […]

  • DP World Sokhna Expansion Project Near Completion

    21 November 2019
    Business & Finance

    DP World Sokhna has celebrated its 10th anniversary by announcing it is near completion of a major expansion project that will bring DP World’s total investment in Egypt to $1.6 billion.  Basin 2 will be operational by the second quarter of 2020 and nearly double capacity at the port to 1.75 million TEUs per year. […]

  • GKinetic Energy attracts Katapult investment

    20 October 2021
    Business Developments & Projects, Collaboration, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Research & Development, Technology

    Ireland-based hydrokinetic turbine developer GKinetic Energy has been selected as one of ocean impact technology startups to receive support from Katapult investment company.

  • In focus: Oil & gas players taking lead roles in energy transition

    16 July 2021
    Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Outlook & Strategy, Project & Tenders, Research & Development, Transition, Vessels

    A number of energy transition-related updates hit our headlines this week, from new developments in the renewables sector to further initiatives in ship decarbonisation – and oil & gas companies’ new moves in both of those, and more.

  • $750 million available to advance clean hydrogen technologies, DOE says

    16 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy

    The Biden-Harris Administration, through the US Department of Energy (DOE), has announced the availability of $750 million for research, development, and demonstration efforts to reduce the cost of clean hydrogen. The funding launches the first tranche of implementation of two provisions of President Biden’s Bipartisan Infrastructure Law, which authorises $1 billion for research, development, demonstration, […]