Business & Finance

TEN Unveils USD 104 Mn Tanker Quintet Sale
Greek Tsakos Energy Navigation is to sell five vessels as part of its fleet modernization plan.

Geo Ranger Launched at Royal Niestern Sander
Yard number 864 was successfully launched at shipyard Royal Niestern Sander in Farmsum, the Netherlands, on March 7, 2020. In April 2019, Royal Niestern Sander and Geo Plus BV signed the contract for the construction of the hydrographic research vessel Geo Ranger – yard number 864. “After the start

Shelf Drilling wins one-year extension in Egypt
Offshore drilling contractor Shelf Drilling has secured a one-year contract extension for the Trident 16 jack-up rig.

Tower Resources secures ‘cash cushion’ ahead of Thali farm-out
Tower Resources has made ordinary shares placing in an effort to raise £500,000 to provide working capital until the completion of the Thali PSC farm-out.

Fugro Relocates French Base
Fugro in France has relocated to a new office space, Espace Le Carillon, close to the central business district of La Défense in Paris. The recent office move follows on from the July 2019 merger of Fugro’s four French entities into a single business unit operating under the sole name of Fugro. This

Uzma bags new gigs in Malaysia and Thailand
Uzma Berhad has recently secured three contracts with an accumulated value of approximately RM160 million ($38.35M) through its units in Malaysia and Thailand.

Oldendorff Carriers Hires Diana’s Capesize
Diana Shipping has entered into a time charter contract with Oldendorff for Sideris GS.

Eastern Chapter WEDA Fall 2020 Conference Taking Place in Charleston
The Board of the Eastern Chapter has announced that the Eastern Chapter Western Dredging Association Fall 2020 Conference will be held in Historic Charleston, SC. The conference is taking place from Wednesday, October 14, through Friday, October 16, 2020 at the Francis Marion Hotel in Charleston. Ac

Readers’ Picks of the Week (March 2-6, 2020)
Here are the most read stories of the previous week.

Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (March 2-8, 2020). Damen Completes TSHD Arco Dijk Maintenance Work The trailing suction hopper dredger (TSHD) Arco Dijk of Hanson Aggregate Marine has completed its maintenance stop-over at Damen Shiprepair Amster

Highlights of the Week
MarineEnergy.biz has compiled the top news from marine energy industry from March 02 – March 08, 2020. https://marineenergy.biz/2020/03/03/wave-power-to-boost-ship-engines/ https://marineenergy.biz/2020/03/02/opt-unveils-hybrid-powerbuoy/ https://marineenergy.biz/2020/03/02/management-changes-at-atl

Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (March 02 – March 08). https://subseaworldnews.com/2020/03/03/subsea-7-wins-barossa-surf-scope/ https://subseaworldnews.com/2020/03/03/allseas-transforming-drillship-to-seafloor-mining-vessel/ https://

Land and Water Crews Busy at Peel Marina Project
Land and Water Services is currently working on an exciting project at Peel Marina, located in the town of Peel, Isle of Man. Peel Marina is fed by a river system and has been silted up over several years. Whilst there has been some dredging work carried out, the Isle of Man government has been [&he

WEDA Annual Dredging Summit & Expo ’20
The Western Dredging Association (WEDA) annual Dredging Summit & Expo ’20 will take place at the Marriott Marquis Hotel in downtown Houston from June 9-12, 2020. The theme for this year’s conference is “Dredging: The Impacts of Climate Change”. WEDA’s technical sessions at the Dredging Summit and Ex