Business & Finance

Ithaca Energy mulls options for potential IPO
Ithaca Energy, a subsidiary of Israel’s Delek Group, is exploring options to optimize its capital structure, including a potential initial public offering (IPO).

Gasum to Supply LNG to Equinor’s Shuttle Tanker Newbuilds
Gasum will deliver LNG to Equinor’s new crude shuttle tankers.

COVE Looks for New CEO
The Centre for Ocean Ventures and Entrepreneurship (COVE) seeks its next chief executive officer. As reported earlier, Jim Hanlon announced his intention to resign after five years as COVE president and CEO. Jim Hanlon has led COVE since the start of planning in 2015, through the successful public a

Qatargas: Commissioning LNG Cargo Shipped to India’s Mundra LNG Terminal
Qatargas has supplied a commissioning LNG cargo for India’s newest LNG receiving terminal, Mundra.

Ex-Sembcorp Marine employee charged with money laundering and corruption
Two people connected to Singapore’s rig builder Sembcorp Marine have faced charges for money laundering and corruption related to a drilling rig construction contract with Brazil’s drilling contractor Sete Brasil.

BC Ferries Orders Its 6th LNG-Fueled Ship
BC Ferries returned Remontowa Shipbuilding S.A. with an order for another LNG-fueled vessel.

TechnipFMC orders pipes for North Sea projects from Tata Steel
Steel producer Tata Steel has secured three separate contracts with TechnipFMC for work in the UK North Sea.

Queen Bess Restoration Project Nears End
The Queen Bess Island project, one of the fastest moving restoration projects Louisiana has seen, is nearing its completion. There is only a window of six months to complete the project during the non-nesting season in order for the birds to be able to lay eggs in the spring. “One of the nuisances o

Dredging Part of the New Soo Locks Project
The first phase of construction on the New Lock at the Soo has been awarded to Trade West Construction Inc., informs the U.S. Army Corps of Engineers, Detroit District. The much anticipated mega-project will be constructed in three phases. Trade West Construction will receive almost $53 million to c

Three Events on Coastal Texas Study
The Coastal Texas Protection and Restoration Feasibility Study (Coastal Texas Study) will host a series of public open houses this month to provide the public with updated information about study progress made since previously held public meetings in fall 2018. The purpose of the Coastal Texas Study

Minnesota River Shoreline Deal Inked
The U.S. Army Corps of Engineers, St. Paul District, signed a cost sharing agreement last week with the Upper Sioux Community to study the feasibility of constructing a shoreline stabilization project along 2,000 feet of Minnesota River shoreline in Yellow Medicine County, Minnesota. The proposed pr

Tidewater man to take over COO role at Maersk Supply
Danish offshore shipping company Maersk Supply Service (MSS) has appointed a new chief operating officer (COO) of the company.

Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (January 27 – February 2, 2020). TSHD Anchorage Launched in Harlingen Thecla Bodewes Shipyards launched the 3000m³ trailing suction hopper dredger (TSHD) Anchorage in Harlingen last Friday. Man Killed During Top

Readers’ Picks of the Week (27-31 Jan, 2020)
Here are the most read stories of the past week.