Search results for: race bank

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  • USA: MBIA Applauds Introduction of Dredging Legislation

    22 February 2013
    Business & Finance

    The Michigan Boating Industries Association (MBIA) applauds the introduction of legislation that has been utilized in the past to help solve the private marina dredging crisis, which, in turn, will help thousands of boaters. Senate Bill No. 215, introduced by Senators Brandenburg, Hansen, Casperson, Booher, Green, Walker, Robertson, Jones, Proos and Smith is an act […]

  • CCCC Expands Dredging Fleet with Two TSHDs

    13 May 2019
    Business & Finance, Equipment, Technology, Vessels

    Two trailing suction hopper dredgers (TSHDs), Hang Jun 6008 and 6009, equipped with the most automatic dredging control system in the world, were recently delivered in Qidong, Jiangsu Province, China Communications Construction Company (CCCC) announced today.  The twin TSHDs, which are invested, jointly designed and manufactured by CCCC, feature automatic emission of low density, automatic […]

  • Saipem to support Equinor’s energy transition journey through new engineering deal

    26 May 2020
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Research & Development, Transition

    Italian offshore contractor Saipem has signed a two-year frame agreement with Norwegian energy giant Equinor covering engineering services worldwide.

  • Malaysian operator taps Tendeka to help boost output

    22 May 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Operations & Maintenance

    Completions service company Tendeka will provide its inflow control technology to help increase production from Malaysian assets of an independent operator.

  • PSA Inspects Neptune’s Fenja Pipes Fabrication

    22 November 2018
    Operations & Maintenance

    Petroleum Safety Authority (PSA) Norway has carried out an audit of Neptune Energy Norge focused on the fabrication of production pipes for the Fenja field, located in the Norwegian Sea, 35 kilometers southwest of the Njord field. The objective of the audit was to monitor qualification and production/testing of flowlines for Fenja are carried out […]

  • Enpro Subsea Welcomes New Board Member

    24 August 2018
    Business & Finance, Equipment

    Enpro Subsea has appointed Hal Goldie to its board in a role of non-executive director. He joins the company during its most successful period to date, with 41 of their patented Flow Access Modules (FAM) now being adopted by major and independent operators globally. Goldie has a career that spans almost 50 years in the […]

  • $12-billion mega Bay du Nord oil project put on the back burner for three years

    1 June 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Equinor has put on hold for three years the development of its controversial Bay du Nord oil project off the coast of Newfoundland & Labrador.

  • LNG Easy to develop new LNG carrier designs

    9 January 2023
    Business Developments & Projects, Green Marine, Vessels

    Singapore-based LNG Easy, a distributor and provider of LNG infrastructure, has reached a long-term mutually exclusive commercialisation agreement to develop new LNG carrier designs based on B type cargo containment system (CCS). The company signed the agreement with Shangai-based marine environmental technology provider BlueSoul and Finnish ship designer Deltamarin. As described, the new cargo containment […]

  • USA: Corps Seeks Comments on Proposed Elliott Bay Seawall Repair

    5 June 2012

    The U.S. Army Corps of Engineers is seeking comments on a permit application from the Seattle Department of Transportation to repair and replace 7,112 linear feet of seawall from S. Washington Street to Broad Street along the Seattle Waterfront abutting Elliott Bay in two phases. The replacement seawall would be constructed 10 to 15 feet […]

  • UK: IHC Engineering Business Develops Hi-Traq Vehicle

    3 July 2013
    Business & Finance, Equipment, Technology

    The design of a demonstration vehicle that meets the challenges of cable laying for the development of offshore wind farms is being developed by IHC Engineering Business. The Hi-Traq vehicle is backed by a history of innovation. It is the result of investment in focused research and development by the company which is based in […]

  • Knepp Castle River Project Wins Award

    20 May 2015

    Royal HaskoningDHV has just won the Innovative and Novel Project Category award at this year’s UK River Prize for its Knepp Castle river restoration project. The company has been praised for its work on the River Adur, Knepp Castle Estate, West Sussex, winning the category at last night’s (May 19, 2015) award ceremony. The awards were set up […]

  • Klaveness Combination Carriers boosts tanker market coverage amid COVID-19 uncertainties

    16 April 2020
    Business Developments & Projects, Infrastructure, Vessels

    Klaveness Combination Carriers (KCC), part of Norway’s shipping company Torvald Klaveness, has found work for one of its CLEANBU ships.

  • Water Resources Infrastructure Roundtable in Coos Bay, Oregon

    18 April 2018
    Business & Finance

    The Subcommittee on Water Resources and Environment will hold a roundtable policy discussion this week on challenges states and communities face in rebuilding and determining possible solutions to address America’s water infrastructure needs.  The meeting is set to take place on Friday, April 20th, in Coos Bay, Oregon. Representatives from public and private stakeholder groups […]

  • Prosafe gains support for restructuring plan in Norway

    9 November 2021
    Business & Finance, Business Developments & Projects, Vessels

    Prosafe has achieved what it says is an important milestone in its financial restructuring following the approval of its plan in Norway.

  • $24.8M Boost for Coastal Wetlands Restoration in Louisiana

    1 October 2019
    Business & Finance

    As part of their efforts to support resilient coastal communities, NOAA Fisheries Service is announcing the award of $24.8 million for three cooperative agreements. This funding will help restore habitat along Louisiana’s coast under the Coastal Wetlands Planning, Protection, and Restoration Act (CWPPRA) Program. Restoring wetlands and barrier islands increases protection for Louisiana’s people and […]

  • Philippines: Stakeholders Unify Efforts to Dredge Chico River

    23 January 2012

    Stakeholders from the government and the private sectors are unifying their efforts to dredge the Chico River to abate flooding of low lying areas. Dr. Jaime Almora, Director of the Almora General Hospital and rice grower, expressed optimism that possible solutions are now being carried out. He said key officials, all of whom are engineers, […]

  • APM Terminals Sees Opportunities in Africa

    26 March 2012

    APM Terminals’ annual Africa-Middle East Region’s Leadership meeting was held in the Kenyan Indian Ocean port city of Mombasa to emphasize a new direction for expansion of the APM Terminals Global Port, Terminal and Inland Services Network: East Africa. “There are great business and growth opportunities in East Africa and this is not new territory […]

  • UK player brings online tie-back to North Sea FPSO

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

    Tailwind Energy has started production from a well in the UK Central North Sea, which has been tied back to the Triton FPSO. 

  • Shell unveils two energy scenarios with the world caught in security and climate woes’ grasp

    21 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Shell has revealed two energy security scenarios, exploring how the world could evolve and looking into the possible energy and climate outcomes that could come to pass in a world that has security in all its shapes and forms as a prevailing concern. 

  • 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 […]

  • Sri Lanka to charge New Diamond captain, seek $1.9M in damages

    18 September 2020
    Authorities & Government, Environment, Vessels

    The captain of the fire-stricken very large crude carrier New Diamond is facing negligence and pollution charges in Sri Lanka. The Panamanian-flagged supertanker is estimated to have spilled around 1,700 tonnes of heavy fuel following the engine room fire two weeks ago. “There is sufficient evidence to prosecute the skipper under the marine pollution act […]

  • Boskalis and the Final Phase of Cowes Breakwater

    30 March 2015
    Business & Finance, Project & Tenders

    2015 is set to be a landmark year for Cowes Harbor with the final stages of works on the new detached breakwater commencing in June and construction due to be completed by October. Following a successful winter settlement period of the breakwater’s gravel core, Cowes Harbor Commission (CHC) announced that contractors Boskalis Westminster will soon return […]

  • Report: EU blocks HHI’s mega acquisition deal with DSME

    17 November 2021
    Authorities & Government, Rules & Regulation

    The European Union (EU) has achieved a consensus to prevent South Korean shipbuilding group Hyundai Heavy Industries (HHI) to finalize the proposed acquisition of rival Daewoo Shipbuilding & Marine Engineering (DSME), Korea Times writes citing government sources.

  • Frontline pushes scrubber installations, reports strongest Q1 in 12 years

    20 May 2020

    Tanker owner and operator Frontline is joining its counterparts in delaying scrubber installations and availing of a lucrative tanker market. The company said that it would postpone scrubber installations on two VLCCs and two Suezmax tankers, due to the recent strength in freight rates and the concurrent decrease in fuel spreads between High Sulphur Fuel […]

  • Investors Updated on Company Progress

    10 July 2014
    Business & Finance

    Orion Marine Group, Inc., a leading heavy civil marine contractor serving the infrastructure sector, today provided an update for investors on the company’s outlook and end markets. Market Outlook The company remains encouraged about the second half of 2014 and beyond, as positive developments in its various end markets continue. As expected, utilization of some […]