Business & Finance
Tasmania’s TT-Line Picks New Builder for Ferry Pair
Rauma Marine Constructions has been selected to build TT-Line Company’s Spirit of Tasmania ships.
Frontline Bets on Strong Market Rebound once Coronavirus is Contained
Frontline posted the highest quarterly net income in more than eleven years.
Guardian Geomatics Joins Australia’s HIPP
Guardian Geomatics has been appointed to Australia’s Hydroscheme Industry Partnership Program (HIPP). Guardian Geomatics will spend the next four years working alongside six industry leaders, acquiring and processing hydrographic, oceanographic and marine environmental data. The data acquired by the
Ørsted Hails First Borssele 1 & 2 Inter-Array Link
Danish developer Ørsted has seen the first inter-array cable set up at its Borssele 1 & 2 offshore wind complex in the Netherlands. Borssele 1 and 2 are located around 23 kilometers off the Dutch coast in 14 to 36 meters of water. The dutch offshore contractor Van Oord is responsible for the transpo
Temporary Closure of Cape Jaffa Marina Boat Launch
Kingston District Council and Cape Jaffa Development Company are preparing for a temporary closure of the Cape Jaffa Marina boat launch facility and navigation channel following the March long weekend. To allow dredging operations to start for placement of a submersible dredge discharge pipe, the fa
Finnlines Reports Stable Result Despite Lower Volumes
Last year was profitable for Grimaldi’s Finnlines despite a decline in cargo volumes.
Rosmorport to Complete NOVATEK Dredging by April 2021
FSUE Rosmorport is set to complete dredging works under NOVATEK’s project on construction of a transshipment facility in Petropavlovsk-Kamchatsky by April 2021. This information was revealed yesterday by Rosmorport General Director, Andrey Lavrishchev, at the 3rd International Congress “Hydraulic En
Maersk Decom lands first complete plugging & abandonment job
Maersk Decom has won a contract for the complete plugging and abandonment of Tullow Oil’s Banda and Tiof fields located offshore Mauritania.
Porthos Taps MAN Energy Solutions for Dutch North Sea CCS Project
MAN Energy Solutions has been selected to take part in the Port of Rotterdam CO₂ Transport Hub & Offshore Storage (Porthos) project. The Port of Rotterdam, Gasunie and EBN are jointly preparing a new project in which CO₂ generated by industry in Rotterdam’s port area is captured and stored in empty
370 Dragon Dredge to Begin Work in Benin
Logistics and Assistance S.A., a dredging contractor from Cotonou, Benin, was awarded a tendered contract by the Ministry of Living Environment and Sustainable Development to help control seasonal flooding in the region. Nearly one-third of the population in West Africa reside in communities that ar
US: Singaporean Shipping Company Pleads Guilty to Oily Bilge Dumping
Unix Line has been convicted for concealing illegal discharges of oily water.
Phase III of REDI Regional Dredging Project Begins
New York Governor Andrew M. Cuomo yesterday announced that Phase III of the $15 million REDI Regional Dredging Project has started along the southern shore of Lake Ontario and the St. Lawrence River. As part of Phase III, the State is working with local officials in Orleans and Niagara Counties and
Vale: 20 Evacuated after Giant Iron Ore Ship Starts Listing
MV Stellar Banner crew evacuated after the bulker experienced bow damage and started listing heavily.
TechnipFMC sees ‘unprecedented level’ of inbound orders in 2019, books $2.4 billion loss in 4Q
TechnipFMC saw an “unprecedented level” of inbound orders in 2019, which pushed its backlog to over $24 billion. TechnipFMC booked a loss of $2.4 billion due to after-tax charges and credits.