Business & Finance
Minesto Launches Onshore Control Station Call
Minesto has developed a 500kW tidal power plant in form of a flying kite tethered to the sea bottom. The 100kW subsea kite (Power generator) will be connected to the Faro Island Grid at 0,4kV (Point of connection). The Swedish marine energy developer has invited tenders to apply for the delivery of
Ferry Carrying 350 People Stranded off Croatia
SNAV ferry, carrying almost 350 people aboard, has been stranded off the coast of Split, Croatia.
d’Amico Ends Quarter in Red but 2019 Outlook Positive
Although the tanker market improved from last year, d’Amico widened net loss in Q1.
West Beach Project Kicks Off in Dorset
The Environment Agency and Dorset Council have partnered up to work on a new multi-million pound sea defense project at West Bay, West Dorset. Over the next two weeks, subject to weather and sea conditions, large rocks will be delivered by barges to West Beach so that new and improved sea defenses c
Jackson Part of the Environment Agency’s NGSA
Jackson is one of only six contractors to be appointed to the Environment Agency’s Next Generation Supplier Arrangements (NGSA). The company will work in partnership with the Environment Agency and design consultant ARUP as a collaborative delivery team (CDT) to deliver the EA’s capital investment p
European Ports Support Call for Harmonized Action on Scrubbers
ESPO voices support for EU proposal to discuss a harmonized approach on scrubbers at IMO level.
Trelleborg Scores Riser Buoyancy Hat-Trick
Trelleborg’s offshore operation was recently awarded three contracts for drilling riser buoyancy and associated riser protection that will be manufactured across two of its facilities in the UK and Brazil. Antony Croston, Business Group Director at Trelleborg’s offshore operation based in Houston, s
Cruise Vessel Orders Push Fincantieri’s Revenue Up
Fincantieri delivered a record quarter in terms of total backlog and the number of orders in the cruise business.
Ørsted Issues Green Bonds, Secures GBP 900 Million
Ørsted has secured nominal GBP 900 million through the issuance of green senior bonds, to finance its green growth ambition towards 2025 including the investment in the 1,386MW Hornsea Project Two offshore wind farm in the United Kingdom. Ørsted has completed the pricing of new unsecured green senio
Ørsted Issues Green Bonds, Secures GBP 900 Million
Ørsted has secured nominal GBP 900 million through the issuance of green senior bonds, to finance its green growth ambition towards 2025 including the investment in the 1,386MW Hornsea Project Two offshore wind farm in the United Kingdom. Ørsted has completed the pricing of new unsecured green senio
SBM Offshore scores another Guyana FPSO order with Exxon
Dutch SBM Offshore has officially won a contract to deliver an FPSO for ExxonMobil’s second phase of the Liza development offshore Guyana.
‘Wave Action on Coastal Structures’ in Dubai
HR Wallingford has announced that their classroom training under the name ‘Wave Action on Coastal Structures’ is set to take place on May 21-22, 2019, in Jumeirah Lake Towers, Dubai. This course will teach the theory and methods necessary for delivering alternative solutions to coastal problems. “At
RRS Ernest Shackleton Gets New Owner
GC Rieber Shipping has completed the process of redelivery and sale of the icebreaking research vessel Ernest Shackleton to the new owner Istituto Nazionale di Oceanografia e di Geofisica Sperimentale (OGS). The redelivery of the vessel from British Antarctic Survey (BAS) marked the end of a nearly
HHLA’s Earnings Up in Q1 2019 Despite Market Headwinds
HHLA made a successful start to the 2019 financial year despite a challenging market environment.