Business & Finance
STOUR to Dredge the Heritage Area of HMNB Portsmouth
The Queen’s Harbor Master Portsmouth has just reported that routine maintenance dredging is about to begin within the Heritage Area of HMNB Portsmouth, to the north of HMS Warrior. In the notice LNTM NO 22/20, the Harbor Master said that the works will start March 16, 2020 with completion expected b
Siem Offshore’s PSV to support Lundin’s 10-well drilling campaign
Norwegian shipping company Siem Offshore has been awarded a charter contract by Swedish oil company Lundin for one of its platform supply vessels (PSVs).
Initial Sea Trials Completed for Autonomous Tug Project
Wärtsilä and PSA Marine have successfully completed initial sea trials for the IntelliTug autonomous ship project.
Husky defers two offshore projects after taking an ax to capital spending
Husky Energy has decided to cut its 2020 capital spending by $900 million in upstream spending and an additional $100 million in additional measures.
Magnor Complets Melbourne Dredging Gig
The Victorian Ports Melbourne announced today the completion of dredging works at various locations within the Port of Melbourne. The dredging, which began in December 2019, was carried out to remove a build-up of sediment and to ensure port’s berths and channels are maintained for shipping. The wor
Braemar Heads for Bahamas after 5 People on board Test Positive for Coronavirus
Five people on board the Braemar cruise ship tested positive for Coronavirus.
Sovcomflot Reports Strong 2019 Earnings
Russian shipping major Sovcomflot (SCF Group) managed to return to profit in 2019 – the first year of implementation of the company’s new strategy. The company reported a net profit of USD 225.4 million in 2019, compared to a net loss of USD 45.6 million seen a year earlier. Revenues rose by 9.6 per
HeliService and Nakanihon Air Service Team Up for Japan’s Offshore Wind
HeliService International has entered into long-term cooperation with the Japan-based Nakanihon Air Service for the Japanese offshore wind market. According to HeliService, Nakanihon deems to offer helicopter offshore services in Japan and Asia as the offshore wind market is evolving in the region.
HeliService and Nakanihon Air Service Team Up for Japan’s Offshore Wind
HeliService International has entered into long-term cooperation with the Japan-based Nakanihon Air Service for the Japanese offshore wind market. According to HeliService, Nakanihon deems to offer helicopter offshore services in Japan and Asia as the offshore wind market is evolving in the region.
Caterpillar Presents the New Cat D7 Dozer
Caterpillar has presented the company’s new Cat D7 dozer, which offers high drive undercarriage design, increased performance and the broadest choice of easy-to-use technology features. According to Cat, at 265 hp (197 kW) and an operating weight of 65,644 lbs. (29,776 kg), the new D7 dozer replaces
Dutch offshore contractor closes HQ to prevent coronavirus spread
Dutch offshore contractor Heerema Marine Contractors is closing its office in the Netherlands to prevent the spread of the coronavirus. HMC said on Friday that the Dutch government had issued guidance to slow down and prevent the spread of COVID-19 (Coronavirus). In response, Heerema Marine Contract
Modification Proposed for Port Everglades ODMDS
The Environmental Protection Agency (EPA) is proposing a modification of the existing EPA designated ocean dredged material disposal site (ODMDS) offshore of Port Everglades, Florida. The primary purpose for the site modification is to enlarge the site to serve the long-term need for a location to d
Sumitomo Mitsui Trust Bank Joins Poseidon Principles
Sumitomo Mitsui Trust Bank becomes the first Asian financial institution to join the Poseidon Principles.
Napier Port 6 Wharf Project Update
Napier Port, New Zealand, has just released the latest update on their 6 Wharf Project saying that HEB Construction are on track to start piling next week. The new wharf – 350 meters long and 34 meters wide – will be built on piles alongside the existing container terminal. The wharf will be support