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Business & Finance

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ADNOC, China’s Wanhua Chemical Sign Potential USD 12 Billion Shipping JV
Business & Finance

ADNOC, China’s Wanhua Chemical Sign Potential USD 12 Billion Shipping JV

The shipping JV will cover the operation of two very large gas carriers.

about 7 years ago
Boskalis Bags €70 Million Land Reclamation Project in Bahrain
Business & Finance

Boskalis Bags €70 Million Land Reclamation Project in Bahrain

Royal Boskalis Westminster N.V. (Boskalis) today announced a contract award by the Ministry of Works of Bahrain in relation to the North Manama Causeway. The contract carries a value of approximately EUR 70 million. The causeway forms part of the Ministry of Works strategic plan to improve the exist

about 7 years ago
Stena Bulk Denies Claims of Stena Impero’s Involvement in Collision
Business & Finance

Stena Bulk Denies Claims of Stena Impero’s Involvement in Collision

Stena Bulk has denied reports about a collision involving Stena Impero, the UK-flagged tanker seized by Iran.

about 7 years ago
Improvements in vessel dayrates bring Polarcus back to profit
Business & Finance

Improvements in vessel dayrates bring Polarcus back to profit

Seismic services player Polarcus returned to profit in the second quarter of 2019 from a loss in the corresponding period of 2018 on the back of higher revenues driven by improvement in vessel dayrates. The seismic company said on Wednesday it had recorded a profit of $0.6 million in the second quar

about 7 years ago
Gulf Navigation Widens Net Loss in First Half 2019
Business & Finance

Gulf Navigation Widens Net Loss in First Half 2019

The company delivered a net loss of AED 27.8 million (USD 7.5 million) in first half of 2019.

about 7 years ago
Saipem bags new offshore drilling deals worth over $160 million
Business & Finance

Saipem bags new offshore drilling deals worth over $160 million

Italian oilfield contractor Saipem has been awarded new offshore drilling contracts in Romania and Abu Dhabi worth over $160 million.

about 7 years ago
NOC: Crude Oil Loadings Halted at Libya’s Zawiya Port
Business & Finance

NOC: Crude Oil Loadings Halted at Libya’s Zawiya Port

Libya’s National Oil Corporation declares force majeure on crude oil loadings at Zawiya port.

about 7 years ago
Interview with MTCC CEO: Becoming Regional Player in Dredging and Land Reclamation
Business & Finance

Interview with MTCC CEO: Becoming Regional Player in Dredging and Land Reclamation

The Maldives is an independent island nation in the north-central Indian Ocean, which consists of about 1,200 small coral islands and sandbanks (some 200 of which are inhabited). One third of the approximately 450,000 inhabitants live in the capital, Male’ city. While Male’ is relatively developed,

about 7 years ago
Stena Bulk Waiting Permission to Visit Stena Impero’s Crew
Business & Finance

Stena Bulk Waiting Permission to Visit Stena Impero’s Crew

Stena Bulk submitted a formal request for permission to visit the 23 crew members Stena Impero.

about 7 years ago
Highlights of the Week
Business & Finance

Highlights of the Week

MarineEnergy.biz has compiled the top news from marine energy industry from July 15 – July 21, 2019. https://marineenergy.biz/2019/07/16/eco-wave-power-completes-ipo-on-nasdaq-first-north-stockholm/ https://marineenergy.biz/2019/07/17/marei-to-build-green-powered-offshore-platform-for-small-islands/

about 7 years ago
Highlights of the Week
Business & Finance

Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (July 15 – July 21). https://subseaworldnews.com/2019/07/15/dof-secures-work-for-its-vessels-in-subsea-segment/ https://subseaworldnews.com/2019/07/16/james-fisher-and-sons-gets-more-work-in-renewables

about 7 years ago
Iran Seizes UK-Flagged Tanker in Strait of Hormuz
Business & Finance

Iran Seizes UK-Flagged Tanker in Strait of Hormuz

Iran seized a British-flagged, Swedish-owned oil tanker while transiting the Strait of Hormuz Friday.

about 7 years ago
IMO Condemns Tanker Attacks in Strait of Hormuz
Business & Finance

IMO Condemns Tanker Attacks in Strait of Hormuz

Kitack Lim said that threats to ships and their crews “are intolerable”.

about 7 years ago
Noble Corp. lands extensions for jack-ups working in UK and Saudi Arabia
Business & Finance

Noble Corp. lands extensions for jack-ups working in UK and Saudi Arabia

Offshore drilling contractor Noble Corporation has been awarded contract extensions for two jack-up rigs in the UK and Saudi Arabia.

about 7 years ago
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