Business & Finance
Royal IHC Holds Naming Ceremony for 2,300m³ TSHD LESSE
The naming ceremony for vessel LESSE, a custom-built 2,300m³ trailing suction hopper dredger (TSHD), took place yesterday (23 May) at Royal IHC’s partner yard MTG Dolphin BV in Varna, Bulgaria. The vessel is the newest addition to the fleet of Baggerbedrijf de Boer – Dutch Dredging and is based on t
SeaBird in new 2D survey for Wintershall Dea
SeaBird Exploration has been awarded a contract by Wintershall Dea for 2D acquisition in the Norwegian Sea.
IOG picks new independent non-executive director
Independent Oil and Gas, a development and production focused oil and gas company, has appointed a new independent non-executive director.
Aminex CEO steps down due to health reasons
The chief executive officer (CEO) and director of oil and gas production and development company Aminex has decided to step down from his role in the company.
Teekay Extends Petrojarl Banff FPSO Employment for One Year
Teekay Corporation extended the contract for the Petrojarl Banff FPSO in the North Sea for one year.
Containership Trio to Join Global Ship Lease Fleet
The three 7,849 TEU containerships to be employed on long-term charters with Maersk Line.
Pharos Strengthens Trenching Capacity with SMD Q1000
Pharos Offshore has boosted its subsea equipment fleet with the SMD built trenching vehicle, Q1000. The Q1000 jet trenching ROV has 1000hp (750kw) of installed power coupled to high – pressure water pumps, capable of up to 3 metre trench depth. Phil Walker, Pharos Offshore Group CEO, said: “The acqu
Improved TCE Rates Boost Nordic Shipholding’s Earnings
The improvement in TCE rates helped Nordic Shipholding return to profit in Q1 2019.
Acergy Viking Stays on Siemens Gamesa Duty
Siemens Gamesa Renewable Energy has extended the charter of Eidesvik’s vessel Acergy Viking by one additional year. The new firm period will end January 2022, with options thereafter. The Acergy Viking has been on Siemens Gamesa duty for a few years, with previous extension until January 2021. “We a
Scrubber Installation Costs Push Star Bulk into Red
Star Bulk Carriers delivered a net loss in the first quarter on the back of higher costs and off-hire days.
Hurtigruten Inks Landmark Biogas Deal, to Power Vessels with Dead Fish
Hurtigruten’s vessels to be powered with fuel made from dead fish and other organic waste.
German Offshore Wind Supply Chain Facing Headwinds
The German offshore wind energy supply chain is under real pressure due to a lack of auctions and a disappointing perspective for future auction volumes to 2030, according to WindEurope. The last German offshore wind auction was in April 2018 and no more are scheduled until 2021. This has lead to or
Investment firm BWE buys Heerema’s pipeline welding business
London-based private equity firm Blue Water Energy is buying Heerema Marine Contractors’ Pipeline Technique Limited,
HES Hartel Tank Terminal Development Project Moves Ahead
HES International has just released the latest update on their HES Hartel Tank Terminal development project in the Port of Rotterdam. The new tank terminal will be the first terminal in the Netherlands that will be built according to the latest PGS 29 regulations for tank storage, meaning that the t