Business & Finance
Readers’ Picks of the Week (May 27-31, 2019)
Here are the most read stories of the previous week.
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (May 27-June 2, 2019). Damen to Build New Dredger for Hanson Damen Shipyards Group and Hanson Aggregates Marine signed a contract earlier this month for construction of a Marine Aggregate Dredger (MAD) 3500. Cut
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (May 27 – June 02). This content is available after accepting the cookies. Change cookie-settings View on Subseaworldnews. Qatar Mcdermott Wins More Work On North Field Expansion https://subseaworldnew
EMGS Appoints Permanent CEO
Electromagnetic Geoservices (EMGS) has appointed Bjørn Petter Lindhom as the permanent CEO of the company. Bjørn Petter Lindhom assumed the position of interim CEO of the company on December 01, 2018, and now the board of directors resolved to make the appointment permanent. Eystein Eriksrud, chairm
Olympic Subsea Quarterly Losses Cut in Half
Olympic Subsea has reported net loss of NOK 27 million ($3 million) for the quarter ended March 31, 2019, versus net loss of NOK 53 million ($6 million) same time last year. The Oslo-listed company generated operating income of NOK 131 million for the first quarter of 2019, compared to NOK 96 millio
Boskalis Scores £100M in North Sea
Boskalis Subsea Services said it has been awarded over £100 million worth of contracts in the North Sea over the last six months. These include the Total Tyra redevelopment project, an inspection, repair and maintenance (IRM) campaign for Repsol Sinopec, a decommissioning contract with Spirit Energy
Hunter Group in Talks to Sell Two VLCC Newbuildings
Hunter Group in advanced discussions on the sale of two VLCC newbuildings.
Livestock Carrier Catches Fire in Greek Port
The events that led to the incident are not know. There were no cattle aboard at the time.
Nordic Shipholding Selling Nordic Ruth Again
After the previous sale of Nordic Ruth fell through, Nordic Shipholding finds a new buyer.
Boskalis Subsea secures new North Sea contracts worth over $126 million
Boskalis Subsea Services has been awarded a clutch of contracts, totaling in excess of £100 million, in the North Sea over the last six months.
Hess charters Maersk Drilling jack-up for Danish North Sea well
Danish offshore driller Maersk Drilling has secured a contract with Hess for its 2008-built jack-up rig Maersk Resilient.
New chairman joins Dolphin Drilling following entire management dismissal
Dolphin Drilling has elected a new chairman following the resignation of its board members and termination of the entire management team amid financial restructuring.
EMGS makes interim chief executive officer permanent
Electromagnetic Geoservices (EMGS), a Norwegian geophysical services company, has given its interim chief executive officer a permanent role.
Minesto Clinches €14.9M EU Grant through Welsh Govt
The Welsh Government is supporting marine energy developer Minesto with the award of €14.9 million of EU funding for the next phase of its tidal energy scheme in Wales. Commenting on the funding decision, Minesto’s CEO Dr Martin Edlund said: “This is a key contribution to the commercialization of ou