Business & Finance
Evergreen Line Rolls Out Digital Booking Platform
Evergreen Marine Corporation has launched GreenX, an integrated container logistics solution platform.
TechnipFMC Books $2.4B Loss
TechnipFMC has reported fourth-quarter 2019 loss of $2.4 billion or $5.40 per diluted share. The services major has seen the results affected by after-tax charges and credits totaling $2.43 billion of expense, or $5.43 per diluted share. TechnipFMC warned the market on impairment impact prior to rel
Oceanside Harbor Dredging Set for March 5
The City of Oceanside Harbor, CA, has just released the latest update on their upcoming dredging project, saying that the water quality testing operations in and around the harbor are currently underway. According to the official statement, a 3500′ of plastic dredge pipe will be floated to the harbo
Seadrill expects continued offshore drilling market recovery over rest of the year
Seadrill has seen an improvement in the offshore drilling market throughout 2019. Although the pace of the recovery has slowed down at the beginning of 2020, Seadrill expects continued market recovery over the remainder of the year.
OceanGate and NASA Team Up on New Carbon Fiber Pressure Vessel
OceanGate and NASA have entered into an agreement to collaborate in the development, manufacturing and testing of a new carbon fiber pressure vessel. NASA’s Marshall Space Flight Center in Huntsville, Alabama, will serve as the facility where the development and manufacturing of a new aerospace-grad
Senator Tarr Tours Annisquam River Dredging Project
Massachusetts Senator Bruce Tarr visited dredging operations on the Annisquam River in Gloucester last week. Senator Tarr was instrumental in getting the contributed funds from the MA Dredging Program, allowing USACE to award the dredging contract. The U.S. Army Corps of Engineers, New England Distr
CNOOC extends Asco’s North Sea support deal
Asco has been awarded a five-year extension, with options for further six years by CNOOC Petroleum to support all the operator’s North Sea assets.
2020 WEDA Midwest Chapter Meeting Set for March 24-26
The 2020 WEDA Midwest Chapter Meeting will be held on March 24-26, in Green Bay, Wisconsin at the Hyatt Regency Hotel. The event will offer individuals and firms an opportunity to make presentations in the following areas: sediment investigation, environmental dredging, navigational dredging, coast/
Hurricane Energy CFO resigns
The chief financial officer and director of London-listed oil explorer Hurricane Energy has resigned via mutual agreement.
ARO Drilling deploys IFS solution on entire rig fleet
Offshore drilling contractor ARO Drilling has deployed IFS Applications solution to unify mission-critical business processes across its headquarters and fleet of 16 offshore drilling rigs.
Ocean Yield Wins Arbitration Case against Okeanis
Ocean Yield wins arbitration case against Okeanis ECO Tankers.
NYK Cruises Cancels Cruises in March amid Coronavirus Outbreak
NYK Cruises canceling all cruises on Asuka II scheduled to sail in March in response to the coronavirus outbreak.
TSHD Dravo Costa Dorada in Liberia
Van Oord, an international contractor specializing in dredging, marine engineering and offshore projects, has just released this beautiful photo of their trailing suction hopper dredger (TSHD) Dravo Costa Dorada at work in the West African country of Liberia. “At this moment the Dravo Costa Dorada i
Rosmorrechflot to Expand Its Fleet with 20 New Dredgers
Federal Marine and River Transport Agency (Rosmorrechflot) is set to build a series of 20 self-propelled bucket-wheel dredgers at Astrakhan Region based Lotos shipyard (United Shipbuilding Corporation). This information was revealed today by Alexander Poshivay, Acting Head of Rosmorrechflot, at the