Business & Finance
Scorpio Bulkers Reports Lower Vessel Revenues
Monaco-based shipping company Scorpio Bulkers managed to return to profit in the fourth quarter of 2019.
Fugro to carry out geotechnical survey over KrisEnergy’s Cambodia field
Fugro has been awarded a geotechnical contract for KrisEnergy’s Apsara oil field in Block A, offshore Cambodia, as part of the nation’s first hydrocarbon development.
Cheniere Ships 1,000th LNG Cargo from U.S. Gulf
Cheniere Energy has produced and exported its 1,000th cargo of LNG.
Man Killed During Topsail Beach Dredging Project
Town of Topsail Beach, North Carolina, has just reported a fatal accident involving beach nourishment pipeline. According to the release, the Topsail Beach Police Department, Topsail Beach Fire Department, and Pender County EMS responded to an accident at the intersection of Drum Avenue and Ocean Bo
OMV hires Solstad PSV for operations offshore New Zealand
Solstad Offshore has entered into a contract with OMV Taranaki for the provision of a platform supply vessel (PSV) for operations offshore New Zealand.
Castor Maritime Raises Money to Expand Fleet
Castor Maritime entered into two financing deals that would result in acquiring capital for future fleet expansion.
EUR 250 Mn Fund for Dutch Shipping Launched
Dutch shipowners will now be able to benefit from a newly-inaugurated EUR 250 million fund.
Freeport Dredging Project Step Closer
The Government of Liberia through the Management of the National Port Authority (NPA) announced recently that efforts are being advanced to ensure the dredging of the Freeport of Monrovia. An NPA Release issued in Monrovia last week said that the upcoming dredging exercise is part of series of plans
Baron Oil abandons SundaGas takeover due to ‘uncertainties’
UK-based and AIM-listed oil and gas company Baron Oil has decided to terminate a reverse takeover of Singapore-based private E&P company SundaGas.
NYK: Egypt to Get 1st Dedicated RoRo Terminal
NYK will participate in a consortium that would set up a dedicated RoRo terminal at East Port Said in Egypt.
Work Continues on Missouri River Levee System
Two outlet breaches on the Missouri River Levee System L-594 were closed on Saturday, reported the Army Corps. According to the Corps, these are the third and fourth breaches to be closed on the L-594 system, providing an initial level of flood risk management to the area behind this downstream port
SeaBird bags OBN survey deal in West Africa
Norwegian seismic company SeaBird has now received a letter of award for the provision of source services for two OBN surveys to be carried out in West Africa.
Shipyard Worker Dies at Fukuoka Shipbuilding
A shipyard worker has lost his life while working on a newbuilding vessel at the Fukuoka Shipbuilding in Japan.
IHC Reservoir Dredging Wraps Up
The dredging activities at their reservoir dredging pilot in India have been successfully completed and the dredging equipment is being dismantled and prepared for transport, Royal IHC said in their latest project update. The drums that have been used for the floating pipeline are sold back to the l