Business & Finance
Manson Kicks Off Oceanside Dredging
The City of Oceanside Harbor, CA, yesterday released the latest update on their dredging project, saying that Manson Construction began dredging operations on Friday, March 6th at approximately 6:30pm. As of March 9th, they have dredged 49,000 cubic yards of sand. According to the update, the discha
Launching of New TSHD at Ada Shipyard
Istanbul based Ada Shipyard launched 4,000m³ trailing hopper suction dredger (TSHD) for Royal IHC on March 1, 2020, the company said in their latest announcement. The vessel’s specifications: Leagth Overall: 87.25m; Breadth : 19.60m; Depth : 7.50m; Hopper capacity : 4,000m³; Dredging depth : 25m; Lo
Work on Port Nelson’s Main Wharf North Progresses Well
The $20 million redevelopment project of the Port Nelson’s Main Wharf North is progressing well with the demolition of the old wharf now completed. The next phase of the scheme is building the piles for the new concrete and steel berthing facility. Sheet piling behind the wharf will start this week
Proserv adds chief financial officer to management team
Energy services company Proserv has appointed a new chief financial officer (CFO) of the company.
Eidesvik secures more work for Viking Lady vessel
Eidesvik Offshore has been awarded a contract for its Viking Lady platform supply vessel.
DOF wins contracts for three platform suppliers
Norwegian supply shipping company DOF has been awarded new work for three of its platform supply vessels.
MHWirth to create new engineering services company
MHWirth, an Akastor-owned provider of drilling solutions and services, has decided to create a new company from one of its subsidiaries.
Equinor taps IKM Ocean Design for pipeline study in Brazil
Norwegian oil major Equinor has awarded an ultra-deepwater pipeline study in Brazil to subsea engineering provider IKM Ocean Design.
VIDEO: How Does Eko Atlantic City Get Its Sand?
Eko Atlantic has just released this amazing video, named ‘How Does Eko Atlantic City Get Its Sand?’ Eko Atlantic is a new coastal city being built on Victoria Island adjacent to Lagos, Nigeria, to solve the chronic shortage of real estate in the world’s fastest-growing megacity. It is a focal point
Fuel Oil Removal from Listing Stellar Banner Set to Start on March 12
Oil removal from listing bulk carrier Stellar Banner is scheduled to be launched on March 12.
Royal Caribbean Bolsters Liquidity with USD 550 Mn to Counter COVID-19 Impact
Royal Caribbean Cruises has increased its revolving credit capacity by USD 550 million.
Taiwanese Jacket Production Workshop Shaping Up
Century Bladt Foundations’ offshore wind foundation production workshop in Taiwan is shaping up, according to Bladt’s recent post. The 33,000m2 workshop will soon be finished and ready for the installation of cranes and equipment, the Danish company reported. A 4,000m2 administration building, cante
Supergen ORE Hub Kicks Off 2nd Round of Flexible Funding
The Supergen Offshore Renewable Energy (ORE) Hub has launched its tidal energyfassasafsafto advance research into the opportunities and challenges of offshore wind, wave and tidal energy. This second round of Flexible Funding will award a total of up to £1.2 million to researchers at UK Higher Educa
Equinor suspends helicopter flights while waiting on coronavirus results
Equinor has suspended helicopter flights to several offshore installations due to suspected coronavirus case, but the test results are still not in.