Business & Finance

DP World Returns to Private Ownership
DP World is returning to private ownership and delisting its shares from Nasdaq Dubai.

Viking Link Seeks Marine Warranty Surveyors
Danish TSO Energinet has issued a tender that concerns consultants working on board the cable laying vessels as Marine Warranty Surveyors for the full duration of Viking Link interconnector laying campaigns. Prysmian is responsible for the development of offshore section of the Viking Link, which is

Transocean’s contract backlog tops $10 billion
Transocean has secured more work for its fleet of offshore drilling rigs and brought its total contract backlog to over $10 billion.

Kawasaki Bags Order for LPG Carrier
Kawasaki Heavy Industries has won an order for the construction of an LPG-fuelled LPG carrier.

Manatua Cable Lay Ops Wrap Up
Telecommunications executives from the four partner organisations behind the Manatua – One Polynesia Cable have confirmed that the cable lay operations were successfully completed in January 2020. In an operation lasting more than 50 days, cable ship SubCom Reliance’s team placed the 3600-kilometer

Terranora Inlet Dredging About to Begin
Envirostruct Services of Ascot, QLD, is about to begin maintenance dredging of the Southern Boat Harbor in Tweed Heads, New South Wales. According to the NSW Government, this maintenance dredging work will be conducted by the contractor around the commercial fishing fleet wharves on the Southern Boa

YM Efficiency Investigation: Effective Container Stowage Planning Crucial to Prevent Accidents
The loss of containers overboard from YM Efficiency highlights the importance of safe container stowage planning.

NOAA to Expand Fleet
NOAA is in the process of acquiring two new oceanographic ships as part of the agency’s fleet rebuilding effort. Once in service, the new ships will support a wide variety of missions, ranging from general oceanographic research and exploration to marine life, climate and ocean ecosystem studies. “W

BlueInvest Fund Backs Swedish Wave Energy Developer
Among the 20 companies, Swedish CorPower became the winner in the category “Clean Energy from the Ocean” at recently held Blue Investment Day held in Brussels. The EU has identified “The Blue Economy” as a priority area as part of “The Green Deal” where the EU will be climate neutral until 2050. The

WindEurope: Europe Needs to Double Wind Installation
Wind energy provided 15% of the electricity in Europe in 2019, however the current rate of installation is not enough to deliver the Green Deal, according to WindEurope.

WindEurope: Europe Needs to Double Wind Installation
Wind energy provided 15% of the electricity in Europe in 2019, however the current rate of installation is not enough to deliver the Green Deal, according to WindEurope.

VBA’s Lincolnshire Scheme Shortlisted for ICE Award
VBA’s Lincolnshire Lakes Flood Defense Scheme has been shortlisted for Project of the Year at the Institution of Civil Engineers (ICE) Yorkshire and Humber Awards 2020. The flood defense scheme was designed to increase flood protection for businesses and communities along the banks of the River Tren

Seatronics Expands Portfolio with Miros Wave Monitoring Solutions
Seatronics, an Acteon company, has established a new distribution agreement with Miros, provider of wave and current data to the maritime industry, to introduce their range of radar-based solutions to the Seatronics global rental pool. The Miros product range includes the likes of the RangeFinder an

First Semi-Automated Terminal in Italy Starts Ops
APM Terminals’ new Vado Gateway terminal received its first commercial service on February 11.