Business & Finance

Dutch Organizing Baltic Sea Offshore Wind Mission
The Netherlands Enterprise Agency (RVO.nl) is organizing an economic mission for offshore wind to Poland and Lithuania. The economic mission will take place in Szczecin, Poland, and Vilnius, Lithuania, from 20 to 24 April. According to RVO.nl, opportunities for the offshore wind sector in the Baltic

OPT Hybrid PowerBuoy Energy for Subsea
Ocean Power Technologies (OPT) has unveiled the prototype of its newest product, the hybrid PowerBuoy, in production at its New Jersey facility. The hybrid PowerBuoy will offer remote power for subsea and topside applications, reliable data communications, and a nominal 1.5-megawatt hours of energy

Seven Seas Splendor Christened in Miami
Luxury cruise line Regent Seven Seas Cruises, a brand of the Norwegian Cruise Line Holdings Ltd (NCLH), christened its newest ship Seven Seas Splendor in Miami. Seven Seas Splendor, built by Italian shipbuilder Fincantieri, was delivered to its owner in January 2020. “Seven Seas Splendor is the epit

Diana Selling Capesize Oldie at Lower Price
Diana Shipping said it had signed a new Memorandum of Agreement to sell Norfolk.

Management Changes at Atlantis
Atlantis said that Andrew Dagley has stepped down as chief finance officer (CFO). Dagley will remain an executive director on the board of Atlantis and will lead the financing of the Uskmouth waste to energy conversion project. Stephen Hutt, who joined Atlantis as part of the acquisition of Green Hi

Temasek Fairway Dredging Update
The Maritime and Port Authority of Singapore (MPA) has just released an update on the Temasek Fairway dredging operations, saying that the working period has been extended and the list of craft and working areas have been revised with effect from February 24 to 23 August 23, 2020. Dredging works wil

Xodus Launches Analysis Showing Need for Rapid Pivot to Gas
Xodus Group has launched new analysis showing that a rapid pivot to gas will be required to deal with rising global energy demand. Xodus believes worldwide energy consumption will continue to increase, driven by economic growth in developing countries, and that approximately half of that demand will

Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 24 – March 01). https://subseaworldnews.com/2020/02/26/subsea-7-hit-by-offshore-wind/ https://subseaworldnews.com/2020/02/24/saipem-takes-coronavirus-precautions/ https://subseaworldnews.com/

Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (February 24-March 1, 2020). Port Solent Dredging Scheme Begins Today ML (UK) Dredging Ltd of Portsmouth, Hampshire, is about to begin a routine maintenance dredging of the Port Solent Approaches, according to the

Readers’ Picks of the Week (February 24-28, 2020)
Here are the most read stories of the previous week.

Highlights of the Week
MarineEnergy.biz has compiled the top news from marine energy industry from February 24 – March 01, 2020. https://marineenergy.biz/2020/02/25/watch-first-offshore-floating-solar-in-middle-east/ https://marineenergy.biz/2020/02/24/mutriku-wave-plant-hits-2gwh-mark/ https://marineenergy.biz/2020/02/25

Brazilian Authorities Rush to Prevent Potential Spill from Listing Stellar Banner
Companies and authorities in Brazil scrambling to avoid pollution from the listing ore carrier.

BW Offshore nearly triples quarterly profit
BW Offshore nearly tripled its quarterly profit despite negative impact of a $13 million charge due to termination of an FPSO charter in New Zealand.

Safe Bulkers Delays 5 Scrubber Installations amid Coronavirus Impact
Safe Bulkers has pushed the installation of scrubbers on five of its vessels for the second quarter of the year.