Business & Finance
Hunting boosts subsea offering by buying UK player
British supplier to the oil and gas industry Hunting has completed the acquisition of Aberdeen-based oil and gas production optimization specialist Enpro Subsea.
Dredging of Estero de Tripa de Gallina Wraps Up
The Philippines Department of Public Works and Highways (DPWH) has completed a $1 million dredging project along Estero de Tripa de Gallina, considered the longest creek in Metro Manila and one of Manila Bay’s tributaries. In his report to DPWH Secretary Mark A. Villar, DPWH National Capital Region
Webinar: How OPIN Can Help Your Business
The Ocean Power Innovation Network Project (OPIN) will hold a webinar on March 5th from 12.30 to 1.30PM (GMT). This webinar will be an opportunity for companies across North West Europe to come together to discover the benefits of the OPIN project. The services offered by OPIN will be highlighted, i
Mackley Repairs Flood Defenses at Stokes Bay
Mackley has completed a six-week project to repair flood defenses at Stokes Bay on the frontage at Gosport in Hampshire. Deterioration over time had caused substantial damage to the existing defenses at Stokes Bay, which consist of a sea wall and a secondary splashwall defense. Working on behalf of
U.S. Dredging Industry – Critical Component of National Security
The Center for Strategic and Budgetary Assessments (CSBA) recently completed its historic study of the American maritime industry and national security. Titled “Strengthening the U.S. Defense Maritime Industrial Base,” the study made several key points about America’s Jones Act. According to the Dre
More Troubles for Tankers as US Sanctions Rosneft Trading S.A.?
The Trump administration has designated Rosneft Trading S.A.
Viper Grows Cable Integrity Monitoring Tech Sales
Subsea technology and engineering firm Viper Innovations said it has booked record sales of its V-LIM cable integrity monitoring technology during 2019, almost trebling sales compared to that of the previous year. The company has increased its export sales overall by 20% and enjoyed significant grow
Sembcorp Marine sinks to the red amid low activity levels
Singapore’s offshore rig builder Sembcorp Marine posted a bigger loss for 2019 when compared to 2018. Quarterly, the company went from black to the red as its revenues dropped by 32% amid low activity levels.
Vineyard Wind and Greentown Labs Team Up for Offshore Wind Innovations
Vineyard Wind and Greentown Labs have established a partnership to run a Greentown Launch accelerator program focused on offshore wind innovations.
Update: 747 Westerdam Crew Test Negative for COVID-19
Cambodia: All 747 crew members on board Westerdam have tested negative for coronavirus.
PHOTO: DEME’s Breydel Busy in Italy
DEME Group is currently carrying out several dredging projects in Southern European ports. ”Our trailing suction hopper dredger Breydel is deployed in Italy for the deepening of the inner channel and internal basin in the Port of Salerno, further improving the port’s access. Recently, we also carrie
Ala Wai Canal Dredging Operations About to Begin
While work to repair two sections of the Ala Wai Canal wall has been ongoing since last October, dredging to remove accumulated silt and sediments from the canal is scheduled to start sometime next week, reports Department of Land and Natural Resources Hawaii. Equipment fabrication and mobilization
Maersk Posts Higher Earnings in 2019, Expects Weak Start of 2020 amid Coronavirus Outbreak
Maersk managed to improve earnings and free cash flow in 2019.
Seismic player says Pemex decision not to award more work detrimental to revenues
EMGS has been forced to take immediate action and implement a cost-cutting program due to detrimental effect of Pemex’s decision not to award it any more work under a two-year acquisition program from last year.