Business & Finance
Atlantis and GE in Tidal Turbine Pact
SIMEC Atlantis Energy (Atlantis), Turbine and Engineering Services Division (ATES) will enter into a technology partnership and preferred supplier agreement with GE’s Power Conversion business (GE). Under the terms of the partnership agreement, both parties will work together and share resources for
Okeanis Eco Tankers Raises USD 15 Mn in Private Placement
Upon delivery, the offer shares will be tradable on Oslo Axess under the trading symbol “OET”.
Another Successful Project for Damen DOP200
A Damen DOP submersible dredge pump was put to the test recently in a lake dredging project in the large nature park Oberspreewald in Eastern Germany. In order to complete the project fast, as wildlife breeding season was approaching, a DOP200 was purchased at the end of February. The DOP200 was att
Five More Ocean Carriers Join Digital Container Shipping Association
The Digital Container Shipping Association welcomes five more members.
OPT Marks Power Milestone in Eni’s MaREnergy Project
Ocean Power Technologies’s PB3 PowerBuoy deployed in the Adriatic Sea has produced more than 1 MWh cumulative energy to date. The PowerBuoy has been deployed for six months, operating continuously and error-free while being controlled remotely from OPT’s NJ facility. George H. Kirby, OPT’s president
Royal IHC Opts for Radio Holland: NavCom Package for Two CSDs
Radio Holland Netherlands booked an order recently to deliver a NavCom package to two cutter suction dredgers, built by Royal IHC. The vessels will have an overall length of 147.4 meters and provide a maximum dredging depth of 35 meters. In addition, they will offer accommodation facilities for 73 p
Danaos Reports First-Quarter Profit Rise
Danaos Corporation wrapped up Q1 2019 with a considerably increased net income.
Eidesvik secures source vessel job in North Sea
Norwegian shipping company Eidesvik Offshore has been awarded a contract in the North Sea for the Veritas Viking vessel.
Damen: Major Milestone for CEMEX Go Innovation
Last week, Damen Dredging celebrated the completion of the assembly of the screening installation for the new dredger, the CEMEX Go Innovation. The screening installation is designed for the aggregate dredger type MAD3500 currently under construction. This hopper dredger features several innovative
Wilson Sons Successfully Completes Repair Work on Van Oord’s Simson
Wilson Sons Estaleiros, one of Brazil’s largest providers of integrated logistics and supply chain solutions, began April with the dry-docking of the hydraulic backhoe dredger Simson – owned by Dutch company Van Oord. The dry-docking includes structural repairs and improvements in the box-cooler, ac
Eidesvik and Seabed Geosolutions Ink Long-Term Charter Deal
Eidesvik said it has entered into a long-term master time charter agreement with Seabed Geosolutions. The deal includes services for seismic source and node-handling vessels. As a first call off under this agreement, Eidesvik has been awarded new contracts by Seabed Geosolutions for the seismic sour
Navios Acquisition Ends First Quarter in Black
Navios Acquisition returned to black in the first quarter of 2019 as it continued shedding older tonnage.
Laloe Joins Geoquip Marine
Geotechnical engineering and offshore drilling company Geoquip Marine has recently appointed Jean-Luc Laloë to its board of directors. Laloë, who has almost 40 years of experience in the offshore oil and gas industry, has joined as an independent non-executive director. In the course of his career,
PHOTO: REMU Big Float Amphibious Excavator Busy in France
REMU Big Float Amphibious Excavator was very busy last month working on the Gère, arm of the river Rhône, located near the city of Lyon, France, the Finnish designer and manufacturer of earthmoving machines said in its latest project update. Calibration works were managed by the company Mougin, spec