Business & Finance
Readers’ Picks of the Week (February 10-14, 2020)
Here are the most read stories of the previous week.
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (February 10-16, 2020). Creating Dredging Capacity in Southern Africa Subtech and Royal IHC are taking an important step in the development of dredging capacity in southern Africa. VIDEO: Spotlight on Dubai Harb
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 10 – February 16). https://subseaworldnews.com/2020/02/10/cortez-subsea-gears-up-for-malaysia-campaign/ https://subseaworldnews.com/2020/02/10/mermaid-sets-up-uk-subsidiary/ https://subseawor
PIL Exits Transpacific Market to Boost Presence in North-South Trade
PIL is to withdraw its services from the Transpacific market to optimize network efficiency.
Hohe See Lifts Enbridge in Q4
Canadian energy infrastructure company Enbridge Inc. has reported an adjusted EBITDA of CAD 119 million (EUR 82.9 million) at its Renewable Power Generation division in the last quarter of 2019, CAD 21 million more than in the same period a year earlier. The increase was attributed to contributions
Coronavirus Outbreak: Royal Caribbean Cancels 18 Sailings
Royal Caribbean Cruises has so far canceled a total of eighteen sailings in Southeast Asia.
LNG Teamup for Newbuild Research Vessel Atair
LNG supplier Nauticor and Fassmer are cooperating on newbuilding and retrofitting projects for ships with LNG engines. The first project to be conducted under the new cooperation was the commissioning and initial LNG bunkering of the research vessel “Atair” at the Fassmer shipyard. Fassmer was award
KrisEnergy sheds asset offshore Vietnam for cash consideration
Singapore’s KrisEnergy has entered into a farm-out agreement with a “major international oil and gas company” for the transfer of its entire 100 percent working interest in the Block 115/09 production sharing contract offshore Vietnam for a nominal cash consideration.
Nauticor, Fassmer Team Up on LNG Newbuilding, Retrofitting Projects
Nauticor and Fr. Fassmer to cooperate in newbuilding and retrofitting projects for ships with LNG engines.
Port Freeport Gets Federal Funding for FHCIP
The recently announced U.S. Army Corps of Engineers (USACE) Fiscal Year (FY) 2020 Work Plan includes $19 million in funding for the Freeport Harbor Channel Improvement Project (FHCIP). Port Freeport, Texas, is one of two seaports nationwide to receive a “new start” designation for commencement of co
TenneT Looks for Kaskasi II and Gode Wind 3 Grid Link Supplier
Transmission system operator TenneT is looking to construct 2 AC grid connection systems to link the offshore wind farms Kaskasi II and Gode Wind 3 to the associated HVDC sea stations. The tender call has been issued for all works from design to manufacturing, delivery and installation up to operati
Westerdam Cleared for Disembarkation in Cambodia, Passengers Test Negative for Coronavirus
Cambodian authorities granted clearance to Westerdam to begin disembarkation of passengers.
Funding Boost for Cedar Bayou Dredging Project
U.S. Congressman Brian Babin has released the following statement after the announcement by the Trump Administration that the Cedar Bayou Navigation District’s Channel Improvement Project has been allocated $32.125 million in the Army Corps Fiscal Year 2020 Work Plan. These funds will be used to com
APM Terminals Restarts Permit Process for Poti Port Construction
APM Terminals Poti re-initiates the process to get permits for a new deep-water port.