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Business & Finance

Port Solent Dredging Kicks Off
Business & Finance

Port Solent Dredging Kicks Off

ML (UK) Dredging Ltd is about to begin a maintenance dredging operations in the Port Solent area. According to the notice provided by the Queen’s Harbour Master Portsmouth, this routine dredging will be conducted within the Port Solent Approaches, starting today (17 April 2020). The works will be co

about 6 years ago
Harwich Harbor Dredging Underway
Business & Finance

Harwich Harbor Dredging Underway

The Harwich Harbor maintenance dredging program, conducted by the trailing suction hopper dredger (TSHD) Sospan Dau, is currently underway. The dredged material will be disposed of to the beneficial sites in the River Stour and River Orwell. Maintenance dredging is carried out approximately five tim

about 6 years ago
Covid-19 impacts Seabed Geosolutions' activities
Business & Finance

Covid-19 impacts Seabed Geosolutions’ activities

Seabed Geosolutions is feeling the impact of the COVID-19 pandemic on its activity. A significant ongoing project in the Middle East has been cancelled and another project that was scheduled to start imminently in Brazil has been postponed. In response, Seabed will implement rigorous cost and capex

about 6 years ago
Aquatec has signed a reseller deal with SeaBreath
Business & Finance

Aquatec strengthens Japan footprint

Underwater technology specialist Aquatec has signed a reseller agreement with Japanese subsea specialists SeaBreath. SeaBreath will distribute Aquatec underwater instrumentation for oceanographic research, environmental and coastal applications in the Japanese market. SeaBreath caters to the needs o

about 6 years ago
MPS Modular Pontoons in Terneuzen
Business & Finance

MPS Modular Pontoons in Terneuzen

Modular Pontoon Systems BV (MPS) recently delivered a 54,86m x 21,95m sectional pontoon to Belgium based contractor DEME – part of the Sassevaart consortium. The modular pontoon is used to utilize two Liebherr HS 895 HD crawler cranes for the dredging activities necessary for the construction of the

about 6 years ago

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Aerial view of AAOG Congo site; Source: AAOG
Business & Finance

Zenith Energy buys AAOG subsidiary and Tilapia field stake

Canadian oil and gas company Zenith Energy has renegotiated the terms for the acquisition Anglo African Oil & Gas’ subsidiary which is the operator of the Tilapia oilfield in the Republic of the Congo.

about 6 years ago
Carteret County Nourishment Update
Business & Finance

Carteret County Nourishment Update

After this early week’s storm and coincident refueling of the hopper dredger Ellis Island, Carteret County is back to work pumping sand from a submerged pipeline (Line 7) that emerges near the Sea Dunes Subdivision. “Nourishment is currently progressing east from this point, and after this morning’s

about 6 years ago
Sabine Pass LNG facility
Business & Finance

US boosts weekly LNG exports

The United States exported more liquefied natural gas cargoes in the week ending April 15 when compared to the week before, according to the Energy Information Administration. The agency said in its weekly gas natural gas report that 17 LNG cargoes were dispatched from four US terminals between Apri

about 6 years ago
PHOTO: Laurie M Busy in Gladstone
Business & Finance

PHOTO: Laurie M Busy in Gladstone

The shoalbuster Laurie M, owned by Bhagwan Marine, is currently in Gladstone, assisting the backhoe dredger Woomera on the $80 million Clinton Vessel Interaction Project. The project, led by Gladstone Ports Corporation, will widen the waterway by about 100 meters and to further develop port facility

about 6 years ago
Bulker transiting the Panama Canal
Business & Finance

Panama Canal keeping an eye on the use of alternate routes amid COVID-19 uncertainties

The Panama Canal Authority is keeping a close eye on the challenges the industry is facing at the moment due to the COVID-19 pandemic and is bracing for various potential scenarios. Even though the waterway remains open to facilitate global trade, there are numerous uncertainties ahead, one of them

about 6 years ago

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Royal IHC Completes Toliara Metallurgical Testing
Business & Finance

Royal IHC Completes Toliara Metallurgical Testing

Royal IHC has completed metallurgical testing as part of a definitive feasibility study (DFS) on the Toliara mineral sands project. The work was carried out on behalf of Base Resources Limited. IHC’s involvement since the pre-feasibility study has facilitated the development of a fit-for-purpose pro

about 6 years ago
Safe Caledonia flotel
Business & Finance

Total delays North Sea gig for Prosafe’s accommodation rig

Offshore accommodation specialist Prosafe and oil major Total have agreed to delay Total’s 2020 North Sea campaign, which was supposed to use Prosafe’s Safe Caledonia flotel.

about 6 years ago
Semonite Signs Delaware River Chief’s Report
Business & Finance

Semonite Signs Delaware River Chief’s Report

Lt. Gen. Todd T. Semonite, USACE Commanding General and 54th U.S. Army Chief of Engineers, has signed the “New Jersey Beneficial Use of Dredged Material for the Delaware River Feasibility Study” Chief’s Report. The study was developed in response to damages along the Delaware Bay shoreline caused by

about 6 years ago
DWG complex
Business & Finance

Chevron gets $1.6 billion from MOL for Azerbaijan assets

Oil major Chevron has sold its interest in assets offshore Azerbaijan to Hungary’s MOL for $1.57 billion.

about 6 years ago