Business & Finance
LNG-Powered CMA CGM Jacques Saade Heads for Sea Trials as CSSC Resumes Work
The 23,000 TEU LNG-powered containership giant CMA CGM Jacques Saade has set sails for sea trials.
Oil market downturn pushes ConocoPhillips to trim capex by 10 pct
Oil major ConocoPhillips is taking several actions in response to the recent oil market downturn.
DMEC to Spearhead ENCORE Project
Through its Interreg 2 Seas Programme, Europe has awarded €5.9 million to the ENCORE project: Energising Coastal Regions with Offshore Renewable Energy (ORE). The goal of the project is to advance the rapidly emerging ORE sector. With the ambition to become a global industry leader, the 2 Seas ORE s
Coronavirus Pandemic: Norway’s Hurtigruten, Color Line and Fjord Line Lay Off Thousands
Three Norwegian cruise and ferry operators are laying off thousands due to the coronavirus pandemic.
Hunter Tankers Secures USD 80K Daily Charters for VLCC Trio
Hunter Tankers AS secures fixtures for three ships at an average daily rate of approximately USD 80,000.
Multi-Cat Dredger Stour Busy in Portsmouth
The Queen’s Harbor Master Portsmouth has just announced that a routine maintenance dredging scheme within the Heritage Area of HMNB Portsmouth, to the north of HMS Warrior, is currently underway. The vessel conducting this task is the 26.7m multi-cat dredger Stour, displaying the appropriate signals
Spirit taps Unity for well integrity services
Unity has been awarded a three-year contract by Spirit Energy to maintain wellhead equipment across twelve platforms in the East Irish Sea, Southern North Sea, and the Dutch sector of the North Sea.
Solstad Offshore brings in new deals for PSVs in UK
Norwegian offshore vessel owner Solstad Offshore has won several contracts for platform supply vessels in the UK.
Walker Subsea Engineering Names New Principal Engineer
Walker Subsea Engineering has appointed Andrew Gething as its new principal engineer. Andrew joined the team in the March, 2020 to support the business through its next phase of growth and development. He brings with him a strong track record in the design and delivery of complex engineering project
Building with Nature Concept in Indonesia
Indonesian and Dutch water experts – during the recent seminars in Jakarta and Surabaya – discussed options to integrate the concept of Building with Nature in future infrastructural projects in Indonesia. The seminars took place on 10 and 12 March and were part of a trade mission and a state visit
Studying Climate Impact on Bays, Estuaries
The University of Maryland Center for Environmental Science (UMCES) has been awarded a $500,000 grant by the National Science Foundation (NSF) to lead a coalition of scientists from around the country to study the impact of storms, sea-level rise, and climate change on estuaries and bays. This natio
Ørsted and TEPCO to Jointly Bid in Japan’s Round 1 Offshore Wind Auction
Ørsted and Tokyo Electric Power Company Holdings (TEPCO) have agreed to establish a joint venture company, Choshi Offshore Wind Farm K.K., to work together on the Choshi offshore wind project in Japan. The companies will submit a joint bid in the Round 1 auction once the Japanese government official
WavEC Temporarily Closes Office Due to COVID-19
WavEC Offshore Renewables has temporarily closed its office given the current COVID-19 pandemic situation. Following the official recommendations and the World Health Organization, WavEC has implemented a plan of measures and best practices, which includes remote work for employees. “We believe that
Damen CSD350 Working in Cape Jaffa Marina
Kingston District Council and Cape Jaffa Development Company have begun dredging at the Cape Jaffa Marina. “We are now a week into our dredging campaign and works are progressing well with no anticipated delays at this stage,” the Council said. A significant campaign to dredge the marina channel bac