Search results for: race bank

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  • Nigeria Aims to Solve Water Woes

    20 February 2013

    In spite of the “water no get enemy” mantra that is plastered across the blue and white pipelines of Lagos, Nigeria is in danger of falling short of targets it set more than a decade ago to provide clean water and sanitation to the majority of citizens. However, increased government funding for water management and […]

  • Offshore wind top earner at Van Oord in 2020

    16 March 2021
    Business & Finance, Business Developments & Projects

    The offshore wind brought the most revenue to Van Oord in 2020, surpassing for the first time the company’s Dredging business. Van Oord recorded € 632 million in revenue at its Offshore Wind business in 2020, a 10.7 per cent increase compared to € 571 million reported in 2019. The division’s operational results increased sharply, […]

  • USA: Task Force Releases Long-Awaited Strategy for Gulf Coast Restoration

    7 October 2011

    One year ago today, President Obama established the Task Force by executive order, in response to recommendations from a report by Secretary of the Navy Ray Mabus, to continue the Administration’s ongoing commitment to the Gulf region. The group is made up of representatives from the five Gulf States and 11 federal agencies, including the […]

  • World Port Days Set for September 7 (The Netherlands)

    13 August 2012

    The World Port Days are being held in Rotterdam for the 35th time. This year, that will be on 7, 8 and 9 September. The festival will take place on the banks of the river Maas in the centre of the city and on the industrial site in the 40-kilometre long port. This year’s theme […]

  • Mackley Completes Thames Flood Prevention Project

    21 February 2018
    Business & Finance, Project & Tenders

    Mackley has completed works the Coldharbour Flood Wall Remediation and Foreshore Protection project on the River Thames, the Isle of Dogs. The 11-week project is one of several being carried out by the Thames Estuary Asset Management 2100 program (TEAM2100). The TEAM2100 program involves looking after all the flood defense assets along the tidal Thames, […]

  • EU policymakers urged to raise climate ambition in the FuelEU Maritime and EU ETS

    18 October 2022
    Authorities & Government, Business Developments & Projects, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    While the European Parliament gears up to vote on the FuelEU Maritime on Wednesday as the ‘Fit for 55’ package of legislative proposals enters its final stage, EU policymakers are being called to raise climate ambitions in the proposals. Signatories of the Getting to Zero Coalition said that in this way the production and use of […]

  • Will the UK’s huge new oil & gas project overcome the hurdles in its path?

    5 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    Rosebank, located West of Shetland, is now facing additional obstacles that may hinder its progress and delay the sanctioning yet again.

  • Greens: The Reef 2050 Plan Ignores Facts

    15 September 2014
    Business & Finance, Equipment, Technology

    The draft Reef 2050 Long-Term Sustainability Plan, released today, does nothing to stop the onslaught of dredging and dumping already applied for along the Reef’s coast and the mass export of coal through the Reef to exacerbate climate change, say the Australian Greens. “The plan ignores the fact that exporting millions of tonnes of coal […]

  • Equinor Gets Nod for Snorre Life Extension

    10 October 2018
    Business & Finance, Operations & Maintenance, Research & Development

    Equinor has received consent to continue use of the Snorre A and Snorre B facilities through 2040. The Norwegian Petroleum Directorate said it believes there is a basis for continuing operations on Snorre A and B to produce remaining resources in the field. Equinor had consent to use Snorre A until 1 May 2022 and […]

  • In focus: Industries take new emissions-free steps as IEA maps net-zero path

    21 May 2021
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Transition

    Several new energy transition developments in the offshore energy and maritime sectors have made headlines this week, contributing to the global 2050 net-zero targets and – at least to some extent – to the ambitious path that International Energy Agency (IEA) mapped in its latest report. Climate pledges by governments to date, even if fully […]

  • KNOT Offshore buys new shuttle tanker operating in Brazil

    17 December 2020
    Business & Finance, Business Developments & Projects, Vessels

    Shuttle tanker operator KNOT Offshore Partners has agreed to acquire a company that owns the shuttle tanker Tove Knutsen.

  • Dredging Part of the River Ver Project

    21 March 2018
    Business & Finance

    An ambitious project to return the River Ver to its more natural state as it runs through the center of St Albans has been launched, according to the City and District Council. The plan will include significant enhancements to Verulamium Park and the water quality of its artificial lakes. Major improvements will also be made to […]

  • Himalaya’s LNG-powered bulkers hit the water at New Times Shipyard

    8 November 2022
    Business & Finance, Business Developments & Projects, Green Marine, Vessels

    New Times Shipbuilding in China has launched two LNG dual-fuel bulk carriers being built for Bermuda-based bulk carrier company Himalaya Shipping. The two 210,000 dwt vessels, named Mount Norefjell and Mount Ita, are the first two vessels from a series of twelve newcastlemax dry bulk vessels under construction at the yard. The ships will also […]

  • Eni fires up second offshore project in Angola this year

    24 September 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Vessels

    Eni has started production from the Cabaça North development project, in Block 15/06, offshore Angola, via the Armada Olombendo FPSO.

  • MOL, Kobe Steel install binary cycle power generation system on VLOC

    17 December 2020
    Business Developments & Projects, Collaboration, Environment, Technology, Transition, Vessels

    A binary cycle power generation system for ships, jointly researched by Japanese shipping company Mitsui O.S.K. Lines (MOL) and compatriot steel manufacturer Kobe Steel, has been installed on a very large ore carrier (VLOC) newbuild.

  • WAMSI Study on Bleached Corals

    30 June 2017
    Business & Finance

    An investigation into the ability of bleached corals to cope with dredging related stressors has found that several species of thermally bleached corals cannot clear sediment that has smothered them, said Western Australian Marine Science Institution (WAMSI). The study was undertaken as part of the WAMSI’s Dredging Science Node at the AIMS National Sea Simulator in specially developed tank systems. […]

  • Dredging Part of New Coast Guard Wharf Project in Newport

    15 December 2015
    Business & Finance

    U.S. Senator Jack Reed was joined yesterday by Admiral Linda Fagan, the 1st U.S. Coast Guard District Commander, representatives from the USCG and Naval Station Newport, and Rhode Island construction workers for a ribbon cutting ceremony marking the completion of the new Coast Guard wharf project at Naval Station Newport. The project consisted of both […]

  • Shell Wraps Up Gumusut-Kakap Phase 2 Project in Malaysia

    30 September 2019
    Operations & Maintenance

    Sabah Shell Petroleum, the operator of the Gumusut-Kakap (GK) semi Floating Production System located offshore Sabah, has completed its GK Phase 2 project. The GK Phase 2 project involved the drilling of four additional subsea wells tied back to its semi Floating Production System (GK-Semi FPS). At peak production, the four wells will add 50,000 […]

  • US firm makes investment into two next-gen ROVs

    31 January 2023
    Business & Finance, Business Developments & Projects, Equipment, Technology

    U.S.-based Baker Marine Solutions (BMS), a subsidiary of Baker Subsea Solutions (BSS), has made an investment into two “next-generation” inspection class remotely operated vehicles (ROVs). The two Outland 3000 Inspection class ROVs will be fitted with Tritech Gemini 1200ik multi beam sonars, Waterlinked DVLs, two-function manipulators, and cleaning capabilities. According to BMS, the 3000 represents […]

  • Wan Hai buys eco-friendly newbuild quartet

    16 August 2022
    Green Marine, Vessels

    Taiwanese shipping company Wan Hai Lines has acquired four 3,000 TEU containerships from compatriot shipbuilder CSBC Corporation. The purchase was revealed in a stock exchange filing on August 12. The company said that it was paying $53～55 million for each vessel bringing the total value of the contract up to $220 million. The shipyard decided to build […]

  • Valaris scores drillship deal brace with Shell

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

    Offshore drilling contractor Valaris has been awarded two one-well contracts for one of its drillships by oil major Shell.

  • World’s 1st ULCV converted to LNG arrives home

    7 June 2021
    Business Developments & Projects, Environment, Transition, Vessels

    During the weekend, the 15,000 TEU Brussels Express — the first large containership in the world to have been converted to gas propulsion — reached its homeport of Hamburg, German container shipping major Hapag-Lloyd said.

  • GTT evolves NO96 containment system

    16 April 2021
    Business Developments & Projects, Research & Development

    French cryogenic containment specialist GTT has unveiled an evolution of its NO96 cargo containment system.

  • Infinity Nets Seagull Deal

    14 August 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Infinity has been awarded a substantial contract for the Seagull development, a subsea tie-back to a third-party platform. The project will see Infinity support the pre-FEED & FEED providing production assurance, pipeline integrity engineering and subsea technical assurance on behalf of Apache. The Seagull win comes amid a period of sustained growth for Infinity who […]

  • Dolphin Drilling raises $45 million for rig mobilisation & reactivation

    5 September 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Market Outlooks, Operations & Maintenance, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    Dolphin Drilling has undertaken an equity issue to take advantage of increased day rates in the offshore drilling market.