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  • 19 November 2014
    Business & Finance, Exploration & Production

    A merger agreement announced in September between South Korea’s Samsung Heavy Industries and Samsung Engineering has fallen through. According to The Korea Times, one of South Korea’s largest newspapers, Samsung Heavy Industries has cancelled the deal as shareholders opposing the merger requested the companies buys back their shares. However, according to the paper, the companies opted against the […]

  • 28 November 2013
    Business & Finance

    The PALFINGER Group finalized the contracts for two acquisitions. The majority takeovers of Palfinger systems GmbH and the Megarme Group will expand PALFINGER’s portfolio for the shipping and offshore industries as the Group will henceforth provide access and working systems meeting the special demands of these sectors. Moreover, through Megarme, PALFINGER will acquire its first […]

  • 16 December 2011
    Business & Finance

    Statoil is cutting the costs of increased recovery from fields in operation by hiring in light well intervention vessels. As of December Statoil has three light well intervention vessels in operation. Statoil awarded Island Offshore a framework agreement earlier this year for light well intervention (LWI) services from their Island Constructor vessel. The new vessel […]

  • 19 March 2014

    Tangiers Petroleum Limited has advised that the offer period for its off-market takeover offers for all the shares and listed options in Jacka closed at 7 pm, Sydney time, on 18 March 2014. The takeover offers were subject to various defeating conditions, including the 90% minimum acceptance condition. Those conditions were not met at that time and accordingly […]

  • 13 October 2014

    The Corinth Canal is a canal located in Greece that connects the Gulf of Corinth with the Saronic Gulf in the Aegean Sea. It cuts through the narrow Isthmus of Corinth and separates the Peloponnese from the Greek mainland, thus effectively making the former peninsula an island. This 121 year old canal is 6.4 kilometres […]

  • 8 August 2019

    Oil, gas, offshore wind and marine energy, all will play their part in the future of energy. Offshore Energy 2019 gives the energy transition a home and this will be felt in the conference program.

  • 7 June 2020
    Innovation

    By Tom Scott For many maritime companies, cooperation with an external party is a perfect way to develop innovative products and ideas. By forming symbiotic relationships, both companies can concentrate on their core businesses while drawing on the expertise of the other. The new branches of knowledge that are formed advance the progress of technology […]

  • 18 June 2013
    Business & Finance, Equipment, Technology

    Continuing a long tradition of excellence, PORTS ’13 “Ports: Success through Diversification” (August 25-29, 2013, Seattle, Washington) is the thirteenth in a series of international port and harbor development specialty conferences held on a tri-annual basis since 1977. This conference’s theme was selected in recognition of the broad spectrum of factors that make ports so […]

  • 9 December 2014
    Business & Finance, Equipment, Technology

    DRAGFLOW, a world player in solid pumping solutions with over 25 years of experience in manufacturing heavy duty pumps and complete dredging equipment, has had an extremely busy and successful year.  Hereby we are bringing you a list of the DRAGFLOW’s most successful projects and achievements in 2014.   Sand and Gravel Extraction Project in Nebraska, […]

  • 3 December 2013
    Business & Finance, Equipment, Technology

    Sunergy, Inc. has announced that it has raised $150,000 in a combination of loans and equity in the months of November and December. These funds will primarily be used to enable the Company to commence seasonal dredging operations in Sierra Leone and Liberia. The Dredgemaster, David Price, is leaving the UK for Monrovia, Liberia and […]

  • 19 January 2011
    Business & Finance, Equipment

    Hamworthy has brought its electrically-driven deepwell cargo pump technology to a new market, following a breakthrough contract in the Brazilian offshore sector. The fluids handling specialist has received an order covering electric driven cargo pump systems for eight Floating Production Storage and Offloading vessels (FPSOs) from Brazilian shipyard Engevix Construcões Oceânicas S.A.. The equipment will […]

  • 21 August 2014

    WestSide Corporation announced a number of changes to the company’s Board following the recent takeover by Landbridge Energy Australia. Cheng Ye, Chairman of the Landbridge Group has replaced Rob Neale as WestSide’s Chairman, with Jingxia Liu appointed as Director. Rob Neale, John Clarke, Tony Gall and Trent Karoll have resigned as Directors of WestSide.   […]

  • 17 April 2013

    Sterling Resources Ltd. has announced the successful placing of the USD 225 million senior secured bond issue (the “Bond”) issued by its UK subsidiary Sterling Resources (UK) Ltd (the “Issuer”). The net proceeds of USD 218.6 million from the Bond will be used (i) to prepay the entire senior secured credit facility with a group […]

  • 17 April 2014
    Business & Finance, Equipment, Technology

    Al Maiorino, President of Public Strategy Group Inc., has submitted an article exclusively for Dredging Today about how dredging projects can properly combat opposition through strategic campaigning. As a vital aspect of social and economic development, dredging is essential for the successful implementation of numerous infrastructure projects. The demand for dredged materials is growing, and […]

  • 2 September 2013
    Business & Finance

    Tappan Zee Constructors, LLC (TZC) will not engage in any pre-construction activities that affect traffic through today in observance of Labor Day. No lane closures will be allowed until Tuesday Sept. 3 at 10am in order to avoid impacts on motorists during the busy Labor Day holiday travel weekend. In addition, no impact pile driving […]

  • 16 September 2014

    The Industry Training Authority (ITA) launched an action plan for LNG trades training, a strategic plan to prepare a skilled and qualified workforce for B.C.’s developing liquefied natural gas (LNG) sector, with a focus on the northern regions of the province. Key stakeholders, including industry, Aboriginal peoples and relevant government ministries have validated the Action Plan. The latest […]

  • 4 December 2014
    Business & Finance, Equipment, Project & Tenders, Technology

    Dredge Yard, with the offices in the United Arab Emirates, the Netherlands and Turkey, is becoming one of the world leaders in dredging market and mining components, equipment and mining technology. For a few years in a row, the company is proving that it is possible to have worldwide operations, good sales and a growing list of important and […]

  • 6 May 2018

    Ships calling on multiple terminals will be combining cargo destined for a single container terminal in Rotterdam.

  • 13 April 2017

    Each year sees a topical focus presented during the Offshore Energy Exhibition & Conference. This year’s theme is ‘Transformation through collaboration’ which will focus on the transformation happening both in oil, gas and in renewables as a consequence of a lower for longer price environment. Both the lower price of oil and gas and the […]

  • 28 March 2014
    Business & Finance

    Nido Petroleum has informed that the sales deal between the company and Colossal Petroleum for the non-core assets offshore the Philippines has fallen through. The company said that the Sale and Purchase Agreements entered into between Nido and Colossal Petroleum Corporation with respect to Nido’s participating interests in Service Contract 54A and Block A, Block […]

  • 21 September 2012

    Essar Ports today announced that it has refinanced its debt in a subsidiary Essar Bulk Terminal Limited Hazira through a takeout finance scheme of India Infrastructure Finance Company Limited (IIFCL). Essar Ports has availed the takeout finance scheme to reduce its interest rate by over two and half per cent on Rs 405 crore which […]

  • 10 April 2012
    Business & Finance

    North Energy ASA has signed a Letter of Intent (LoI) with Lime Petroleum Plc  and Rex Oil & Gas Limited  transferring parts of North Energy’s interest in the licenses PL 503, PL 518, PL 526 and PL 530 to Lime, upon their pre-qualification as an exploration company on the Norwegian Continental Shelf. This will need […]