Business & Finance
Teekay Tankers Seals USD 533 Mn Loan, Sells Assets
Teekay Tankers has closed a new five-year, USD 533 million revolving credit facility to refinance 31 vessels.
Maritime Firms Team Up with Tech Startups to Drive Innovation
Rainmaking matched five maritime giants with eight startups to accelerate innovation.
3A Submarine Cable to Link Europe – Asia – Africa – Australia
SBSCL is deploying “3A”, high capacity, LOOP system 3rd generation submarine cable between Bilbao, Spain to Hong Kong. It contains four high capacity branch and nth number of local branches. Ownership structure of the cable is joint venture of Business Lab Ltd. SPARKbANGLA Technologies Ltd and Elham
Gowanus Canal Dredging Starts in September
The U.S. Environmental Protection Agency (EPA) has announced the issuance of an administrative order requiring the start of the cleanup of the Gowanus Canal Superfund site in Brooklyn, New York. The order, which covers both the cleanup of the upper canal – denominated as Remediation Target Area (RTA
Aquaterra and Oceaneering join forces in decommissioning
Aquaterra Energy has signed a memorandum of understanding (MoU) with Oceaneering to offer complete decommissioning and late life solution packages to the North Sea oil and gas industry.
xChange: Empty Containers Piling Up in Shanghai
xChnage: It should be easy to get an empty container in Shanghai.
Construction Progresses on the East Dike Project in China
The construction of the East Dike on the Dapeng Peninsula near Shenzhen in China is progressing rapidly, reports KACP. In its latest update on the project KCAP said that in order to ensure protection against storm surges in the near future, hard work has been done on site on the realization of the p
CSAV Exits RoRo Business
CSAV is to close its maritime vehicle transport (RoRo) business and focus on its container shipping business.
Halliburton lands three-year drilling deal on Ichthys
Giant oilfield services provider Halliburton has been awarded seven contracts for drilling and completion services for the next phase of field development of the Inpex-operated Ichthys project in the Browse Basin offshore northern Australia.
Damen DOP250 Working in France
Offshore Brittany, France, an intricate cleaning job has been performed in the channel with the help of the Damen DOP250 dredge pump. The vessel “Roxane Z” was fitted out with all dredging gear – a DOP250 attached to one of the on-board cranes, and another DOP250 on deck acting as a booster station.
Valeport Joins Living Coasts’ Tor Bay Conservation Project
Valeport has pledged its support to a campaign to protect the ‘underwater rainforest’ which is under threat off Tor Bay, on the South West Coast of the UK. The hydrographic and oceanographic instrument manufacturer will partner with a UK coastal zoo and aquarium to help protect seagrass, a plant tha
Kananook Creek Maintenance Dredging Underway
Kananook Creek mouth maintenance dredging works are in full swing now, according to the Coast Guard Frankston. The project, aimed at improving accessibility for boat users throughout the year, is being carried out by long-reach excavator and under the supervision of the Frankston City Council. In th
Eagle Shipping Settles Sanctions Violations Case
Eagle Shipping has agreed to pay USD 1.1 million to settle violations of the Burmese Sanctions Regulations.
Performance Shipping Sells Rotterdam Boxship
Performance Shipping has signed a memorandum of agreement (MOA) to dispose of Rotterdam, a 2008-built boxship.