Business & Finance
APM Terminals Mobile Bolsters Handling Capacity
The Alabama Port Authority completed its 400-foot container dock extension.
BP to reduce spending in response to volatile market but no job cuts in next three months
BP has underlined there will be no layoffs in the next three months as a result of coronavirus cost-cutting.
Cape Jaffa Marina Reopens Tomorrow
The Kingston District Council has just announced the latest update on their Cape Jaffa Marina project, confirming that the submersible pipe now largely lies on the bottom of the marina. This project and marina closure has been to facilitate the dredge on the western side to address the sand that is,
Maintaining TSHD Charlock at Niestern Sander
Van den Herik’s trailing suction hopper dredger (TSHD) Charlock has been back at the Niestern Sander shipyard in Farmsum, the Netherlands. Last weekend various priority maintenance works were executed at the dock location, after which the dredger left again. Among various maintenance works, a store
CMA CGM Crew Member in Isolation Awaiting Coronavirus Testing
Crew member on board CMA CGM Marco Polo in isolation.
Polarcus readies cost reduction plan to mitigate uncertainty facing seismic market
Polarcus has come up with a $15 million cost reduction plan to navigate the current uncertainty facing the marine seismic acquisition market due to the combined impacts of the COVID-19 pandemic and oil price volatility.
Ocean Installer Names New CFO
Ocean Installer has appointed Ingrid Due-Gundersen as the new chief financial officer. Ingrid Due-Gundersen has worked for the Leif Höegh & Co group for her whole career. She joined Höegh Fleet Services in 2002 as a summer intern and worked within the group in various positions ever since she was em
Wharfies Refuse to Unload Boxship in Melbourne amid COVID-19 Concerns
Wharfies at the DP World terminal in Melbourne refused to unload a container vessel last night citing safety risks.
New Study Quantifies How Sediment and Light Affect Coral
Results from the culmination of five-years of groundbreaking research to understand how dredging and sediments affects corals have been released in a new paper published in Scientific Reports. One of the main themes of the $19-million Dredging Science Node, facilitated by the Western Australian Mari
Vitol Acquires Singapore’s Bunkering Company Sinanju
Vitol Marine Fuels acquires 100 percent of Singapore-based bunkering specialist Sinanju Tankers Holdings.
Eco board and management slash own wages
The board and management of oil firm Eco Atlantic have voluntarily taken pay cuts of up to 40 percent to push forward its cost-cutting program attempting to mitigate COVID-19 and oil price drop effects.
Polarcus readies cost reduction plan to mitigate uncertainty facing seismic market
Polarcus’ cost reduction plan includes redundancies, reduction of base salary and capex, and warm-stacking the vessels in between jobs.
Donjon Wraps Up Manhattan Dredging
In preparation for the arrival of the USNS Comfort to New York, USACE New York District Operations Division moved quickly and approved the necessary dredging permits that allowed Donjon Marine of Hillside, New Jersey, to expedite dredging operations at Manhattan Cruise Terminal, using a crew of 60 a
Wintershall Dea hires Applied Petroleum for geochemical analyses
German oil and gas company Wintershall Dea has awarded a global frame agreement to Applied Petroleum Technology (APT) for the supply of geochemical analyses for the company’s E&P efforts around the world.