Business & Finance
Fuels and the Transition to ZERO-EMISSION Vessels
Emission reduction is one of the biggest innovation challenges for the maritime industry. In recent years, this was mainly driven by the implementation of strict emission regulations, such as the IMO global sulphur limit. As a result of the Paris Agreement, the focus is shifting towards the reductio
Unions, employers give govts one month to sort out crew changes
After extending seafarers’ contracts at sea twice due to the overall challenges for executing crew changes and keeping seafarers safe from exposure to COVID-19, the unions and employers have given governments one month to facilitate crew changes. The deadline was revealed last week following the lat
Total buys EDP’s assets in Spain
French energy company and LNG player Total has agreed to buy some power and gas assets in Spain from Portugal’s EDP. The deal includes 2.5 million B2C customers and two gas-fired combined cycle power plants, which represent an electricity generation capacity of nearly 850 megawatts, Total said on Mo
Equinor bites dust in North Sea well
Equinor has drilled a dry well near the Fram field in the North Sea offshore Norway.
VIDEO of the New Hugh K. Leatherman Terminal
S.C. Ports Authority (SCPA) has just released this incredible video of the Hugh K. Leatherman Terminal (HLT) – the country’s newest container terminal. According to SCPA, the new wharf is over 80% complete as construction progresses on Phase One of the new container terminal. The Hugh K. Leatherman
Contract Awarded for Pender – Logan Creek Levee
The U.S. Army Corps of Engineers, Omaha District, awarded a $7.1 million construction contract Wednesday to Michels Corporation of Brownsville, Wisconsin, to repair the Pender – Logan Creek Right Bank levee system in Pender, Nebraska. This is the 17th contract the Omaha District has awarded to repai
Regulator blocks Pieridae Energy’s asset buy from Shell
Alberta’s energy regulator has blocked a deal between Canada’s Pieridae Energy, the developer of the Goldboro LNG export project, and Shell’s Canadian unit citing clean-up concerns. Pieridae closed a deal worth C$190 million ($134.9m) in October last year to buy Shell’s midstream and upstream gas as
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (May 11-17, 2020). Tema Port Expansion Completed Ahead of Schedule Meridian Port Services Limited (MPS) successfully completed the entire Phase 1 works of the Tema Port Expansion Project in Ghana (also known as Te
Petrofac reveals fresh cost-cutting plans
In order to mitigate the effects of coronavirus crisis and low oil prices, oilfield services provider Petrofac is taking further action to reduce costs and preserve balance sheet.
GC Rieber takes impairment dive
GC Rieber Shipping has seen its quarterly loss widened on Subsea & Renewables fleet impairment as a result of current market. Namely, the company recognised an impairment of its Subsea & Renewables fleet in Q1 2020 of NOK 293.3 million. As a result, GC Rieber booked loss of NOK 301.6 million, agains
CSD MOHAB MAMEESH Hits the Water
The Suez Canal Authority (SCA) and Royal IHC (IHC) successfully launched cutter suction dredger (CSD) MOHAB MAMEESH today, Friday, 15 May. The launching ceremony took place at IHC’s shipyard in Krimpen a/d IJssel, The Netherlands. The 29,190kW heavy-duty rock CSD has been specifically designed in cl
Picayune Strand Restoration Project up for Comment
The U.S. Army Corps of Engineers, Jacksonville District has opened public comment on the Draft Environmental Assessment (EA) and Proposed Finding of No Significant Impact (FONSI) regarding construction of features of the Picayune Strand Restoration Project (PSRP). The PSRP Draft EA and Proposed FONS
Damen Shiprepair Harbour & Voyage teams up with Verolme Special Equipment on scrubber maintenance
Damen Shiprepair Harbour & Voyage (DSHV), part of the Dutch Damen Shipyards Group, has signed a joint partnership cooperation deal with compatriot equipment manufacturer Verolme Special Equipment for the provision of services to exhaust gas cleaning systems (EGCS), widely known as scrubbers. The agr
Siemens Gamesa kicks off personnel safety training
DuPont Sustainable Solutions (DSS) has begun working with Siemens Gamesa’s Offshore business unit on training approximately 6,000 employees in developing greater risk awareness to improve safety. The companies partnered to implement DuPont Risk Factor training, as well as group leadership coaching f