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Business & Finance

Golfe du Lion Floater Comment Period Wraps Up
Business & Finance

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

about 7 years ago
Wärtsilä Leads New Clean Shipping Fuels Initiative
Business & Finance

Wärtsilä Leads New Clean Shipping Fuels Initiative

A group of 6 Nordic companies intends to develop a new infrastructure for green fuels for ships.

about 7 years ago
Brodosplit Delivers New Polar Cruise Ship to Oceanwide Expeditions
Business & Finance

Brodosplit Delivers New Polar Cruise Ship to Oceanwide Expeditions

Hondius is the first vessel in the world to be built to the polar class “LR PC6”.

about 7 years ago
Damen Delivers CSD500-S to Energy Resources of Australia
Business & Finance

Damen Delivers CSD500-S to Energy Resources of Australia

Damen Dredging Equipment has delivered a customized CSD500-S to Australian customer, Energy Resources of Australia (ERA). The CSD, which has been named the Brolga I, will work in an acidic environment with a pH of approximately 3 for which a wide array of adaptations have been incorporated. The dred

about 7 years ago
MPC Container Ships Posts Q1 Loss amid Market Headwinds
Business & Finance

MPC Container Ships Posts Q1 Loss amid Market Headwinds

Norwegian shipowner MPC Container Ships ASA closed Q1 2019 with a net loss.

about 7 years ago

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Ocean Cleanup to Redeploy Its System in June
Business & Finance

Ocean Cleanup to Redeploy Its System in June

The Ocean Cleanup’s plastics collecting system is set to be redeployed in June after undergoing upgrades.

about 7 years ago
Subsea 7 and Royal IHC Splash Seven Vega
Business & Finance

Subsea 7 and Royal IHC Splash Seven Vega

Subsea 7 and Royal IHC have launched the fully integrated reel-lay vessel Seven Vega. The ceremony took place at IHC’s shipyard in Krimpen aan den IJssel, The Netherlands, and was performed by Monica Th. Bjørkmann, Vice President for Subsea 7 in Norway. Stuart Fitzgerald, Executive Vice President St

about 7 years ago
Maersk Third Shipping Giant to Join Traxens
Business & Finance

Maersk Third Shipping Giant to Join Traxens

Maersk joins its counterparts CMA CGM and MSC as a key shareholder of Traxens.

about 7 years ago
Atlantis Subsea Farming Project Kicks Off
Business & Finance

Atlantis Subsea Farming Project Kicks Off

Atlantis Subsea Farming has for the first time deployed fish in its submersible pen and now the project is following the life of the fish in the deep. Atlantis Subsea Farming AS is owned by SinkabergHansen, AKVA group and Egersund Net, and in March last year the company was awarded a development lic

about 7 years ago
Wartsila HY for Dredger Presented in Italy
Business & Finance

Wartsila HY for Dredger Presented in Italy

The technology group Wartsila has launched the Wartsila HY for Dredger, a new product based on their HY hybrid propulsion technology. The product was presented at a Future Dredger Day event held at the company’s Hybrid Centre in Trieste, Italy. “The Wartsila HY for Dredger features a combination of

about 7 years ago

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Damen to Build New Dredger for Hanson
Business & Finance

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. The dredger will be used to extract aggregates offshore up to depths of 55 metres, for use in the onshore construction industry. Due for delivery in Marc

about 7 years ago
Fire-Damaged Yantian Express to Be Repaired in Asia
Business & Finance

Fire-Damaged Yantian Express to Be Repaired in Asia

Yantian Express would sail to Asia for repairs, after completing discharge operations in Halifax.

about 7 years ago
Edda Accommodation boss retires
Business & Finance

Edda Accommodation boss retires

Chief executive officer of Edda Accommodation and former CEO of Norwegian shipping company Østensjø Rederi has retired from his role in the company.

about 7 years ago
2020 Bulkers Raises USD 70.2 Mn to Finance New Ships
Business & Finance

2020 Bulkers Raises USD 70.2 Mn to Finance New Ships

2020 Bulkers collected USD 70.2 million from equity offering to finance vessels under construction.

about 7 years ago