Business & Finance

Oceanology International London 2020 Put Off Until December
Following the rapid increase of Coronavirus in Europe, ocean technology marine science exhibition and conference, Oceanology International London 2020, has been postponed for 1-3 December 2020, Reed Exhibitions said. The even was originally scheduled for March 17-19, 2020. Jonathan Heastie, portfoli

Tendeka to be in charge of sand-face completion scope on Aker BP fields
Tendeka has received a letter of intent for a substantial multi-million-pound scope to supply sand-face completion equipment to Aker BP’s Norwegian assets.

Managing WA’s Coastline for Future Generations
The McGowan Government has opened its latest round of coastal grant applications – available to local governments or community groups with projects to protect and improve Western Australia’s coastline. More than $1.6 million of grant funding is available towards projects that address the impact of c

Spotlight on Ellicott City Flood Mitigation Plans
Howard County and the U.S. Army Corps of Engineers (USACE) will hold a public meeting on March 9th in Ellicott City, at the George Howard Building, 3430 Court House Dr., in the Banneker Room. At this meeting the Army Corps will present their review of the County’s flood mitigation plan for Ellicott

Petronas umbrella contract award goes to DNeX
Malaysia-based investment holding company Degang NeXchange Berhad (DNeX) has received a Pan Malaysia umbrella contract awarded by Petronas Carigali for the provision of drilling services.

Man Dies after Fall From Color Magic Cruiseferry
A cruiseferry passenger has died after falling overboard Color Magic off the Swedish coast.

OPEC Resorts to Production Cuts to Curb Coronavirus Impact on Oil Demand
OPEC members proposed today to cut oil production by 1.5 million barrels per day.

Sentinel Marine secures North Sea work for ERRVs
Sentinel Marine has won a package contract awards and extensions to operate its fleet of ERRVs in the North Sea worth a total of £36 million ($46m).

Norden Reports Its Best Quarterly Result in 5 Years
Danish shipping company Norden wrapped up 2019 with profit.

Boskalis Releases 2019 Annual Report and Sustainability Report
Royal Boskalis Westminster N.V. has published both its Annual Report 2019, which includes the new corporate business plan 2020-2022, and their Sustainability Report 2019. The new business plan is also discussed in this online interview with Peter Berdowski, CEO Boskalis. The corporate business plan

Wartsila Divides Marine Business into 3 Units
Wärtsilä to reorganize its marine business into three independent businesses.

Solstad picks up CSV extension from Fugro
Norwegian vessel owner Solstad Offshore has won a contract from Fugro for one of its construction support vessels.

Wan Hai Buys Two Boxships from PIL for USD 186 Mln
Wan Hai Lines has acquired two containerships from PIL.

Mayflower Autonomous Ship’s AI Captain Takes to Sea
Mayflower Autonomous Ship’s AI Captain is to go to sea this month for testing.