Business & Finance
Dolphin Drilling dismisses the entire management
Norwegian offshore drilling company Dolphin Drilling has dismissed all of the employees at its management, including its CEO and CFO, amid restructuring efforts.
Video: Spirit of Discovery Squeezes through the Ems
Saga Cruises’ Spirit of Discovery has completed its conveyance across the river Ems.
Reach Subsea Stays in Red
Reach Subsea has widened its quarterly deficit for the period ended March 31, 2019 but still managed to stay close to prior-year comparable period despite noticeable revenue drop. For the first quarter 2019, the Norwegian contractor booked comprehensive loss of NOK 19.7 million on revenues of NOK 67
Maersk Product Tankers Confirms Order of Four LR2s
Maersk Product Tankers ordered the remaining four of ten LR2 newbuildings from China’s Dalian Shipyard.
Two North Sea contract renewals for Petrofac
Petrofac’s Engineering and Production Services business has been awarded two Operations and Maintenance (O&M) contract extensions for long-standing clients worth a combined value of approximately $32 million.
Van Oord Sets Up Deutsche Bucht Cables
Dutch offshore contractor Van Oord has completed the installation of inter-array cables at Northland’s German offshore wind project, Deutsche Bucht. According to Northland Power, the second phase of the cable installation, cable burial, should begin shortly. The cable-laying campaign was carried out
ABB Package for Remote-Controlled Submersible Fish Farm in Arctic Ocean
ABB has won a contract from Arctic Offshore Farming to power its first-ever remote controlled submersible offshore salmon farm in the Arctic Ocean. ABB will provide a comprehensive package of its electrical, automation, instrumentation and telecom technologies. With the global market volume of salmo
Magseis Fairfield Reports Q1 Loss
Seabed seismic services player Magseis Fairfield has posted loss in the first quarter of 2019. The Oslo-listed company has seen its revenue at USD 120 million, up from USD 25 million same time last year (excluding Fairfield and WGP Group revenue). First-quarter EBITDA came at 16 million, against EBI
Dredgers Included in the Green Maritime Research
The Green Maritime Methanol consortium has selected nine ships for research on the application of renewable methanol as a marine fuel. New designs, newbuildings as well as existing ships of Boskalis, Van Oord, the Royal Netherlands Navy and Wagenborg Shipping were selected. The vessel sizes vary in
BIMCO, ASBA to Form Gas Tanker Charter Party
BIMCO, ASBA to develop a charter party for chartering tankers for LPG, anhydrous ammonia and chemical gases.
Green Maritime Methanol Project Starts with Nine Ships
The consortium selected nine ships for research on the application of renewable methanol as a marine fuel.
Star Bulk to Buy Eleven Bulkers from Delphin Shipping
Star Bulk Carriers signs deal to purchase eleven dry bulk vessels at a price of USD 139.5 million.
DEME Group picks iPS for recruitment services
DEME has chosen recruitment specialist iPS Powerful People to supply technical personnel and administrative staff.
Golfe du Lion Floater Comment Period Wraps Up
The public comment period for the Les Éoliennes Flottantes du Golfe du Lion (EFGL) floating wind farm pilot project in France has officially closed. The comment period for the project and its transmission system was launched on 23 April and was open for 31 consecutive days. Les Éoliennes Flottantes