Business & Finance
Saudi Arabian Maritime Complex: McDermott Breaks Ground on Fabrication Facility
McDermott broke ground on its new fabrication facility within the Saudi Arabian maritime complex.
McDermott Breaks Ground of New Facility in Saudi Arabia
McDermott has broke ground on its new fabrication facility within the King Salman International Complex for Maritime Industries and Services in Ras Al-Khair, Saudi Arabia. The overall site, which is being developed by Saudi Aramco, is expected to be the largest maritime industries complex in the Kin
TSHD Sanderus Arrives in Belgium
Jan De Nul Group’s newest trailing suction hopper dredger (TSHD) Sanderus just arrived in Belgium to execute maintenance dredging works in the coastal ports. Not just any dredger, but an ULEv with ultra-low emissions as this vessel has a two-stage catalytic filter system on board, said Jan De Nul. T
Guiding the Future of Lake Macquarie’s Beaches, Lake and Swansea Channel
A new Coastal Management Program under development at Lake Macquarie City Council will help guide the future for the city’s beaches, lake and Swansea Channel, the council informs. The program is a new requirement for coastal councils under NSW Government legislation, with the aim of creating consist
Furman Lake Restoration Project Set for Next Month
If left to its own devices Furman Lake in Greenville, SC, would quietly disappear, fading back into the two streams that created it when they were dammed in the 1950s. That’s why Furman is set to embark on a lake restoration project beginning on or around March 9. “When you slow water down, particul
ADNOC looking to expand carbon capture utilization and storage efforts
ADNOC has decided to build on its position as one of the least carbon-intensive oil and gas producers in the world by expanding its CCUS program, according to Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of ADNOC.
OPIN to Hold Its Second Annual Symposium in Nantes
Ocean Power Innovation Network (OPIN) will be holding its second Annual Symposium in Nantes on June 11, 2020. The OPIN Annual Symposium will provide an update on OPIN’s goals and the different supports available, a brainstorming session on potential working groups to be funded by OPIN, and a network
Helix Energy returns to quarterly profit
Houston-based offshore services company Helix Energy Solutions managed to return to quarterly profit on the back of higher revenues.
Global Offshore Beefs up Normand Clipper
Global Offshore, part of Global Marine Group, is currently customising the construction support vessel (CSV) Normand Clipper. The vessel, on long-term charter from Solstad Offshore, will be operational within the first quarter of this year. The Normand Clipper is being fitted with a 4,000 tonne cabl
StealthGas Forms New JV to Boost Presence in MGC Segment
StealthGas is to form a new joint venture that would acquire three secondhand midsize gas carriers (MGCs).
Contship Italia’s Terminal Operations Unaffected by Coronavirus Outbreak in Italy
Contship Italia Group announced that its terminal operations are not affected by the rise in coronavirus cases in Italy.
MSC’s 23,000+ TEU Class Ships First to Get DNV GL FCS Notation
DNV GL awards a new class notation to Mediterranean Shipping Company to mitigate fire risks on containerships.
DENR Breaks Ground on Tullahan Dredging Scheme
The Philippines Government’s Department of Environment and Natural Resources (DENR) started the dredging operations for the Tullahan-Tinajeros River System on Sunday. “Cleaning the Tullahan River will make Manila Bay easier [ease the efforts of the government and volunteers in reviving the beauty of
Chartwell Launches Scanwell Shallow Draft Survey Vessel
Chartwell Marine, a pioneer in next-generation vessel design, has announced the launch of their Scanwell shallow draft survey vessel. The Scanwell range is available in multiple hull sizes – 10m, 12m, 15m and 19m – enabling use in a wide variety of applications, such as offshore energy, port infrast