Business & Finance
WinGD Profits from Increased Confidence in LNG as Marine Fuel
WinGD sees growth in orders for its low-pressure, dual-fuel two-stroke engines.
Port of Rotterdam Volumes Keep Rising in 1Q 2019
Port of Rotterdam cargo volumes increased by 5.1 percent during the first quarter of 2019.
Leask Marine Completes East Anglia One Task
Leask Marine has completed a range of supporting activities for ABCO Marine at the East Anglia One offshore wind farm. The UK-based company was in charge of laying concrete mattresses and placing rock bags on the seabed, as well as supporting the Fugro 1200 jack-up. Leask Marine carried out these fo
Royal IHC VIDEO: Assembly of the 2000th Pump
Two weeks ago, Royal IHC symbolically handed over the 2,000th dredge pump to be built by the company to its new owner – Jan De Nul Group. The 2,000th pump is one of two onboard double-walled dredge pumps for Jan De Nul Group’s new self-designed 18,000m³ trailing suction hopper dredger (TSHD) that is
Damen Shoalbuster for Herman Sr.
The naming ceremony of Herman Sr. BV’s new shoalbuster TEDDY took place at Damen Shipyards Hardinxveld yesterday. This latest addition to the Senior BV fleet will allow the company to expand the services that it offers to the dredging, offshore wind and other sectors. Herman Sr. BV. is a third-gener
ECSA: EU Parliament Adopts Maritime Single Window
European Parliament adopted the proposal for a Regulation establishing a European Maritime Single Window.
AET Tankers’ Vessels Conduct Maiden LNG Bunkering Ops
AET Tankers’ two LNG dual-fuel Aframax conducted maiden ship-to-ship LNG bunkering in Port of Rotterdam.
Seatec Scoops Up New Equipment Orders
The Nederlands-based technical solutions provider Seatec said it has received two new orders. The first award is for design and delivery of a deep-water pump system that can operate up to 3000 msw and have a lifting capacity of 300 tons. The unit will consist of the following main parts: ROV control
BIMCO: Capesize Ships in Pain as Chinese Iron Ore Imports Drop
BIMCO: Dry bulk shipping industry is feeling the impact of a continuing decrease in Chinese iron ore imports.
ConocoPhillips sells UK business to Chrysaor for $2.7 billion
Oil major ConocoPhillips has entered into an agreement to sell two ConocoPhillips United Kingdom subsidiaries to Chrysaor for $2.675 billion, plus interest and customary adjustments.
Damen Shipyards Reports First Loss in 15 Years
Dutch Damen Shipyards Group suffered a net loss of EUR 17 million in 2018.
Marlow and SeaZip Set Up Offshore Staffing One Stop Shop
Dutch companies Marlow Offshore and SeaZip Offshore Service have established MarZip Offshore Personnel, a joint venture which combines the services provided by each of the two companies. According to the companies, the joint venture is an answer to the increasing demand for a single contact service
ZEABORN Acquires Full Ownership of ZEAMARINE
ZEABORN decides to acquire the remaining ownership interests in ZEAMARINE.
Saipem Swings to Profit
Italian oilfield services player Saipem has reported first-quarter 2019 profit of €21 million ($23.6 million), on revenues of €2.15 billion ($2.4 billion). This result compares to net loss of €2 million on revenues of €1.9 billion ($2.13 billion) for prior-year comparable period. Adjusted result was