Business & Finance
Software Start-Up Invests in Aberdeen Base
Xergy, the startup company aiming to revolutionise resourcing in the energy industry, has invested £120k in opening an office in Aberdeen with plans to recruit an additional 15 employees. Led by industry stalwarts, James McCallum and Colin Manson, Xergy has moved into Rubislaw Terrace in the city’s
AG&P Breaks Ground on LNG Import Facility at Karaikal Port
AG&P has broken ground on its LNG Import Facility at Karaikal Port.
Scorpio Tankers Reaps Fruit of Scrubber Project
Scorpio Tankers’ scrubber fitted ships have been earning more money than those without scrubbers.
BC Ferries Christens New Hybrid-Electric Ship Duo
Island Discovery and Island Aurora will enter service in mid-2020.
GoodBulk Offloads Capesize Duo, Points to Pick Up in Demolitions
Dry bulk vessel owner and operator GoodBulk sold two older Capesize vessels in January 2020.
Ocean Installer Taps Ashtead for Another Subsea Installation Project
Aberdeen-based subsea equipment solutions specialist Ashtead Technology has secured a new contract with Ocean Installer following the completion of subsea installation project in 2019. Ashtead will provide its Deflection Monitoring System (DMS) and field engineers to install six integrated template
Malin to Build AWS Ocean Energy’s Wave Energy Converter
Malin Renewables has secured a £1 million contract by AWS Ocean Energy to supply a fifty-tonne wave energy converter. Malin will build the half scale Archimedes Waveswing power generation device, designed for offshore wave energy production. The development of the Archimedes Waveswing is funded by W
Funding for Lake Providence Harbor Dredging Secured
Louisiana Congressman Ralph Abraham has applauded the inclusion of funding for the dredging of Lake Providence Harbor he had previously requested in President Trump’s 2021 budget. “Lake Providence Harbor is Louisiana’s largest inland port in terms of tonnage and among the most important in the natio
Vicksburg District Funding Increases for Fiscal Year 2020
The U.S. Army Corps of Engineers, Vicksburg District, has announced that its Work Plan for the 2020 fiscal year includes $102 million in funding for its civil works program, the largest amount of funding since the 2013 fiscal year. The Work Plan will fund projects, programs and activities that recei
Global Offshore Wind Capacity Tops 27GW as 2019 Sets New Record
5,194MW of offshore wind capacity went into operation during the last year, making 2019 a new record year in terms of new global offshore wind installations with a 24% growth as compared to 2018, WFO said.
Global Offshore Wind Capacity Tops 27GW as 2019 Sets New Record
5,194MW of offshore wind capacity went into operation during the last year, making 2019 a new record year in terms of new global offshore wind installations with a 24% growth as compared to 2018, WFO said.
Water Injection Dredging Demonstration at Tuttle Creek Lake
The Kansas Water Office, in partnership with the Corps of Engineers, has just announced their plans to implement a Water Injection Dredging (WID) demonstration project at Tuttle Creek Lake to promote sustainable long-term reservoir sediment management. WID is a process in which large volumes of wate
Maersk Buying Performance Team in USD 545 Mln Deal
Marsk is bolsterings its logistics and services with the acquisition of Performance Team.
DOF Subsea gets new gigs for vessels in Africa
Norwegian vessel operator DOF Subsea has won two contract awards with international clients in Africa.