Business & Finance

Annual Dredging Begins at Cook Road Boat Launch
Work has begun to remove the buildup of sand affecting boaters’ ability to use the Cook Road boat launch, the City of Kelowna reports. Every year, sand moves northward from the mouth of Mission Creek into the boat launch area, making it difficult for people to safely launch their boats. “It’s import

JFLCO Completes Global Marine Group Acquisition
J.F. Lehman & Company (JFLCO) is now the full owner of Global Marine Group (GMG), after completing the acquisition announced in January 2020.

Metro Ports Joins Green Marine Environmental Certification Program
Terminal operator and stevedoring company Great Lakes Stevedoring DBA Metro Ports has become a Green Marine member.

TGS completes carbon storage assessment project for ‘major oil company’
TGS has completed a Geological Carbon Storage Atlas for British Columbia, Canada for a major oil and gas company.

Hyundai Mipo Inks Deal to Build Chemical Tanker
Hyundai Mipo Dockyard has received an order for the construction of a chemical tanker.

All Frames for the New Rothera Wharf in Place
BAM Nuttall Ltd has just announced that all 20 steel frames for the new Rothera Wharf in Antarctica are now in place. According to the company, in just 15 months BAM together with their partners Ramboll and Sweco have decommissioned the old wharf and installed all the new frames. Every frame is 80 m

CMA CGM: Cargo Flow Easing Up at China’s Major Coastal Ports
CMA CGM: Business operations have now entered the recovery phase.

Royal IHC’s IRIS Available
Royal IHC has introduced its new digital service IRIS (integrated and remote intelligence solutions) – a global connected platform that provides IHC customers with operational intelligence on their vessels and helps them to make better informed data-driven decisions. Via a mobile web application use

Mercantile & Maritime to Comply with US Sanctions against Rosneft Trading
Mercantile & Maritime to end its shipping of Venezuelan oil for Rosneft Trading S.A.

Coronavirus Suspicion: AIDAaura Cruise Ship Held in Norway, Checks Underway
AIDAaura has been stopped at a Norwegian port due to coronavirus suspicion.

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 Amsterdam. “Whilst the vessel was in dock we performed a big range of maintenance works of which an extensive tail shaft overhaul, various dredge pipe renewal a

Port of Townsville Announces $10 Million in New Contracts
The Port of Townsville, Queensland, has announced two major contracts for the $193 million Channel Upgrade Project. The contracts, worth a total of more than $10 million, are for rock wall construction and rock delivery. Under the contract, Queensland company Hall Contracting will build a 2.2km rock

Hansson Warns Against Losing Our Heads over Coronavirus Impact
NAT CEO: We do not see any implications for NAT from the virus.

Barossa Subsea Contracts for Aker Solutions and NOV
Aker Solutions and National Oilwell Varco have joined Subsea 7 in the the award of contracts for the supply and installation of subsea infrastructure for the Barossa project, the last major facilities commitments ahead of a final investment decision (FID). Aker Solutions will supply the umbilicals a