Business & Finance
BHGE Reports $32M Profit
Baker Hughes, a GE company, (BHGE) has reported profit of $32 million or 6 cents per diluted share on GAAP basis for the quarter ended March 31, 2019. Adjusted diluted earnings per share were 15 cents per share. The result compared with $70 million profit in Q1 2018, down 55%, and also down sequenti
Bibby Marine Services Appoints Business Development Manager
Bibby Marine Services has appointed Equinor’s Michael Martins as Business Development Manager. Bibby said that the business goal is to add new vessels to its fleet, widening service offering and creating a larger geographical basis. The company has thus developed a range of vessel designs and is coo
Bibby Marine Services Appoints Business Development Manager
Bibby Marine Services has appointed Equinor’s Michael Martins as Business Development Manager. Bibby said that the business goal is to add new vessels to its fleet, widening service offering and creating a larger geographical basis. The company has thus developed a range of vessel designs and is coo
Selly Park North Flood Scheme Operational
Work on a multi-million pound scheme to reduce the flood risk to over 150 homes and businesses in Selly Park North is ready to protect people from flooding, reports the Environment Agency. The project is part of the EA’s program to invest £2.6 billion by 2021 protecting over 300,000 homes and busine
Scorpio Bulkers in Loss amid ‘Unhelpful Headwinds’
Scorpio Bulkers managed to slightly narrow its net loss to USD 3.5 million in the first quarter of 2019.
Euronav Reports Profit in First Quarter
Euronav ended the first quarter of 2019 with a net gain of USD 19.5 million.
Scotland Sets October Offshore Wind Seabed Leasing Goal
Scotland’s new leasing round for offshore wind projects is likely to fully launch in October 2019, Crown Estate Scotland, the public body responsible for leasing Scotland’s seabed, has announced. There will also be a ‘pre-launch’ in the summer which will provide further details about the leasing and
GCE Ocean Technology Names Board Members
GCE Ocean Technology said that Jon Arve Sværen (OneSubsea) was re-elected as chairman of the board at its annual meeting in Bergen in April. In addition, a new board was elected. The GCE board structure in 2019-2020: Jon Arve Sværen, OneSubsea; Tove Ormevik, Aker BP; Tor Willgohs Knudsen, Equinor; T
GSL’s Post-Panamax Pair to Continue Working for ZIM
Global Ship Lease renews charter agreements with ZIM for two Post-Panamax containerships.
Zeaborn Takes Over CPO Tankers
Zeaborn decides to enter tanker ship management business.
Drewry: Boxship Scrapping to Rise Ahead of IMO 2020
Drewry: More containerships are expected to be demolished as IMO 2020 implementation date approaches.
NAPA, ChartWorld Partner Up on AI-Driven Voyage Optimization
NAPA, ChartWorld to provide AI-driven voyage planning and optimization solution.
Ernst Russ to Pursue Further Ship Acquisitions
ER plans to further expand its fleet in the future, following a profitable 2018 financial year.
WavEC Seeks Head of Technologies and Monitoring
WavEC Offshore Renewables is seeking to appoint a senior engineer to take the leadership of the Technology and Monitoring team. WavEC is an R&D-based consulting non-profit company dedicated to the development and promotion of marine renewable energy technologies (including wave energy and offshore w