Search results for: race bank

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  • Minesto’s tidal energy dragons in action (Video)

    11 February 2022
    Business Developments & Projects, Equipment, Innovation, Outlook & Strategy, Research & Development, Technology

    Swedish company Minesto has released a video showing a scale model of its next-generation Dragon Class tidal energy plants under trials in Northern Ireland.

  • Seadrill gets suspension for jack-up contract in Middle East

    30 June 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Seadrill has received a contract suspension for the jack-up drilling rig AOD II operating in the Middle East due to changes in the drilling program.

  • Frank Coles, CEO of Wallem Group, resigns

    15 January 2021
    Business & Finance, Human Capital

    Frank Coles, Chief Executive Officer of the Wallem Group, has resigned and will be leaving the Wallem Group shortly, the company’s board confirmed. “As many will be aware Frank has been very active in highlighting the plight of seafarers during the Covid-19 pandemic and now wishes to become more involved in promoting their welfare, as […]

  • Seadrill drillship starts work off Brazil

    21 February 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Seadrill has confirmed that one of its drillships kicked off its assignment at a field offshore Brazil with the country’s oil and gas giant, Petrobras.

  • Felicity Ace sinks after being on fire for days

    2 March 2022
    Infrastructure, Vessels

    Felicity Ace, the 6,400 CEU car carrier which caught fire on 16 February while crossing the Atlantic Ocean lost stability and sank yesterday, 1 March, after attempts to be towed to safety.

  • New eco-friendly bulker joins K Line

    7 December 2020
    Infrastructure, Vessels

    Japanese shipping company K Line has taken delivery of Cape Ace, a 100,000 dwt bulker newbuilding.

  • Vantage wins more drillship and jack-up rig work

    18 November 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Offshore drilling contractor Vantage Drilling has secured drilling work for its jack-up rig in Indonesia and a drillship in India.

  • Corps Releases Inspection Rating for Kings River Levee Systems (USA)

    2 September 2013
    Business & Finance

    Inspections by the U.S. Army Corps of Engineers Sacramento District rated maintenance of four Kings River levee systems as unacceptable. The Sacramento District conducted periodic inspections of four systems along the Kings River in rural Fresno and Kings counties during January-February 2012. The Kings River Conservation District, which maintains the levee systems, was invited to […]

  • Harrington Back Channel Dredging Starts Next Week

    18 October 2019
    Business & Finance

    Onsite activities for the planned dredging of the Harrington back channel will begin on Tuesday, 22 October, according to MidCoast Council. Dredging Solutions will undertake the work on behalf of the Council and the team will start mobilization of the dredge, pipeline and booster pumps via the Gordon Smith Reserve boat ramp in Harrington on […]

  • C-Vision Supplies Monitoring Systems for CCC’s Diving Ops

    27 December 2018
    Equipment

    C-Tecnics has secured an order to supply four complete C-Vision diver video and communications sets to CCC (Underwater Engineering), based in Abu Dhabi. Each C-Vision set comprise a C-Vision dual channel surface control console, two 1000 meter rated high resolution cameras and high power LED lights, two heavy duty 100 meter C-Vision umbilical cables and […]

  • Workers ramp up industrial action at Victoria International Container Terminal in Melbourne

    15 February 2021
    Automation, Human Capital, Infrastructure, Ports & Logistics

    Workers at the Victoria International Container Terminal in Melbourne, Australia, are expanding legally protected industrial action later this week, undertaking a series of stoppages and bans as they fight for a new workplace agreement. The Maritime Union of Australia said the workers have proposed to ensure any containers that contain medicines, medical supplies, or urgent medical equipment […]

  • Seadrill to bag $549 million for Petrobras contracts in Brazil

    26 November 2021
    Business & Finance, Exploration & Production, Operations & Maintenance, Project & Tenders

    Seadrill has been awarded two contracts worth $549 million by Petrobras for the work on the Búzios field offshore Brazil.

  • Hapag-Lloyd buys container liner business of Africa specialist DAL

    10 March 2022
    Business & Finance, Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Vessels

    German container shipping company Hapag-Lloyd has decided to acquire the container liner business of compatriot carrier Deutsche Afrika-Linien (DAL).

  • Naval Dome: 400% increase in attempted hacks since February 2020

    5 June 2020
    Automation, IT & Software, Operations & Maintenance, Technology, Vessels

    There has been a massive 400% increase in attempted hacks since February 2020 coinciding with a period when the maritime industry turned to greater use of technology and working from home due to the Coronavirus pandemic. The data was cited by Israeli cybersecurity specialist Naval Dome, which believes the pandemic is leaving the maritime and offshore […]

  • APM Terminals: Russia, Eastern Europe Serve as European Port Growth Drivers

    27 June 2013
    Business & Finance

    Ben Vree, APM Terminals Europe Region CEO, cited healthy projected volume increases in Eastern Europe and the increasingly important Russian market as bright spots in an otherwise gloomy outlook for European container market growth as a keynote speaker at the TOC Container Supply Chain Conference Europe event at the port industry’s largest annual European conference. […]

  • JFMS Wraps Up Another IMR Campaign for Premier

    20 August 2019
    Business & Finance, Equipment, Operations & Maintenance

    James Fisher Marine Services (JFMS) has completed a second inspection, repair and maintenance campaign for Premier Oil in the UK Central North Sea. JFMS provided a nitrox diving spread utilising gravity-based launch and recovery systems (LARS) installed on the Balmoral floating production vessel (FPV) in blocks 16/21a and 16/21b, approximately 200km northeast of Aberdeen. The […]

  • Global Ship Lease adds 12 boxships

    9 June 2021
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    London-based containership charter owner Global Ship Lease (GSL) has signed a deal to buy twelve secondhand containerships from Borealis Finance LLC.

  • River Freshney Dredging Set for Late Autumn

    2 August 2016
    Business & Finance

    Plans to dredge a section of the River Freshney have been announced by the Environment Agency after research revealed new information about the amount of silt in the channel. The dredging will help reduce flood risk and will be carried out on the stretch of river between Cromwell Road and New Haven Terrace, including a […]

  • TORM fits 40 of 49 planned scrubbers as it books strongest H1 since 2008

    17 August 2020
    Business & Finance

    Danish carrier of refined oil products TORM has installed 40 scrubbers on its ships from the planned 49, the company revealed in its business report. TORM added that of the remaining nine installations, five are expected to be conducted in the third quarter this year, one in the fourth quarter this year and one in […]

  • Awilco LNG posts second-quarter loss

    28 August 2020
    Business & Finance, Business Developments & Projects

    Norwegian LNG transportation provider Awilco reported a net loss for the second quarter of 2020 as the COVID-19 pandemic impacted global economic activity and energy demand.

  • PHOTO: Hopper Dredger Westport Back in Anchorage

    6 May 2020
    Business & Finance

    Manson’s hopper dredger Westport is back in Anchorage – with her very experienced crew – for the final round of a three-year maintenance dredging contract for U.S. Army Corps of Engineers, in support of the Port of Alaska. The purpose of this project was to provide annual maintenance dredging at the Port of Alaska to […]

  • Work Progresses on the Stonehaven Flood Protection Scheme

    13 July 2016
    Business & Finance

    Plans for a Flood Protection Scheme for Stonehaven will not face a public inquiry, after assessment by Scottish Ministers. The government has said it is content with the plans and the processes taken to reach the final proposed design. Following a decision to agree the scheme in principle, Aberdeenshire Council had to notify ministers of […]

  • Transocean cuts losses, sees utilisation and day rates improving

    3 August 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Transocean reduced its quarterly losses despite lower revenues and is encouraged by the current upcycle in the offshore drilling market.

  • Solstad and Ocean Yield agree another standstill extension for AHTS duo

    4 May 2020
    Business & Finance, Infrastructure, Vessels

    Shipowning company Ocean Yield and Solstad Offshore have agreed to further extend the standstill period for two anchor handlers.

  • Petronas declares force majeure on Myanmar field

    5 April 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance

    Malaysian oil and gas giant Petronas has declared force majeure on its Yetagun field, located offshore Myanmar, due to a significant decline in output.