Business & Finance

International Seaways Nets USD 390 Mn for Refinancing
International Seaways has closed on senior secured credit facilities worth a total of USD 390 million.

Awilco eyes new gig for WilPhoenix rig
Awilco Drilling has signed a letter of intent with an undisclosed operator for the provision of WilPhoenix in support of a three well plug & abandonment program.

OTAQ Adds Marinesense
UK-based marine technology group OTAQ has completed the acquisition of Marinesense. Marinesense is the manufacturers of the OceanSENSE underwater leak detection and DragonFish precision laser measurement systems for the offshore energy industry. They are considered specialists in underwater optics,

Seiche Environmental Boosts Team
UK-based Seiche Environmental has strengthened its team with three key appointments within the business. Amanda Hyam, formerly Marine Wildlife Advisory and Ancillary Services Manager at GeoGuide Consultants, joins the business as associate director to enhance the team’s expertise operating in the oi

Kayden Opts for IMS Dredger VIDEO
Kayden Industries Environmental Services Division completed a coal ash dredging and desludging project in Georgia in the summer of 2019. They utilized an IMS 7012 HP Versi-Dredge to dredge high volumes of coal ash which were dewatered in real-time utilizing six Kayden Mammoth-2276 centrifuges, as we

TechnipFMC charters Skandi Vitoria pipelay vessel
Oilfield services provider TechnipFMC has chartered the Brazilian-built pipe-lay support vessel (PLSV), Skandi Vitoria.

Six Seafarers on CMA CGM Ship Reported Ill
Six crewmembers onboard a CMA CGM ship have been reported ill, with the possibility of coronavirus infection.

Sonardyne Sentinel for Superyacht Underwater Protection
Underwater diver detection sonar technology from Sonardyne has been selected by yacht security specialist Frankentek for its latest new-build superyacht surveillance and protection project. Sentinel Intruder Detection Sonar (IDS) will provide security personnel on the unnamed vessel with a clear and

Genco Wraps Up Scrubber Program
Genco Shipping & Trading has completed its scrubber program comprising seventeen Capesize vessels.

Hopper Dredger River Thames Passes Sea Trials
DEME Group’s latest addition to the fleet, the 2.300m³ trailing suction hopper dredger (TSHD) River Thames has successfully completed its sea trials in Southeast Asia. According to the company, the newbuild was successfully put to the test near the coast of Batam, Indonesia. The vessel is designed t

VIDEO: Sediment Study at North Blakeley Island
The U.S. Army Corps of Engineers Engineer Research and Development Center (ERDC) teamed up with USACE Mobile District’s Regional Sediment Management Team, kicking off a sediment study on January 13, 2020, at North Blakeley Island in Mobile, Alabama. The study will determine if sediment currently sto

Hess sinks deeper into the red despite higher output
Hess Corporation sank deeper into the red in the last quarter of 2019 despite higher production levels when compared to the prior-year quarter.

Xodus Adds Wind Analysis Squad
Xodus Group has expanded its renewables business with the addition of a new wind analysis team.

General Average Declared on Fire-Stricken Northern Jupiter
The ship experienced a main engine fire while it was sailing from Singapore to Port Klang on January 4, 2020.