Business & Finance

Ofgem to Review New Proposal for Shetland Subsea Link
Scottish and Southern Electricity Networks Transmission (SSEN Transmission) has resubmitted its needs case to the energy regulator Ofgem for the proposed Shetland interconnector. For Shetland, the cable would connect planned wind farm projects on Shetland with mainland Scotland allowing them to expo

Damen Rolls Out New OSV Concept
Damen has developed a new concept vessel – the Offshore Support Vessel (OSV) 9020. According to Damen, the vessel features a stable platform with lots of accommodation, good station-keeping capability, low carbon emissions and lots of flexibility to add mission-specific tools. “We were approached by

QTerminals Wins 35-Year Concession for Port of Olvia in Ukraine
QTerminals has won a UAH 3.4 billion (USD 138 million) concession to operate Port of Olvia in Ukraine.

Axpo Marketing All Global Tech I Electricity
Axpo Deutschland has taken over the marketing of all the electricity produced by Global Tech I (GT I) offshore wind farm. The German subsidiary of the Switzerland-based Axpo was previously marketing one-fourth of the offshore wind farm’s produced power. Now, the company is in charge of the overall p

New CEO for Oceanteam
The board of directors of Oceanteam has appointed Henk van den IJssel as chief executive officer (CEO) of Oceanteam with effect from 1 February 2020. Leidus Bosman, has expressed his intention to resign from Oceanteam and step down as CEO to pursue a new career opportunity outside the company. Henk

Unique Group Inks Global Deal with Britlift
Unique Group, subsea and offshore solutions provider, has entered a new partnership with lifting and spreader beam designer and manufacturer, Britlift. The move will see Britlift spreader beams being offered for rental and purchase via Unique Group’s global network. With the agreement in place cover

Eni takes Vroon’s platform supplier for work offshore UK
Italian oil major Eni has awarded a contract to one of Vroon Offshore’s platform supply vessels.

TSHD Anchorage Launched in Harlingen
Thecla Bodewes Shipyards launched the 3000m³ trailing suction hopper dredger (TSHD) Anchorage in Harlingen last Friday. This dredger is equipped with a smart diesel-electric system, developed in close collaboration between Barkmeijer Shipyards and D&A Electric, that efficiently regulates the energy

JFMS Partners with Big Blue Ocean Cleanup
James Fisher Marine Services (JFMS) has teamed up with Big Blue Ocean Cleanup, an international ocean conservation foundation helping to protect oceans and raises awareness about ocean pollution. The non-profit foundation coordinates an ambassador network of volunteers who proactively organise event

New Scottish Company Reveals ScotWind Plan
Renewable Infrastructure Development Group (RIDG), a new Scottish company in the offshore wind market, is planning to participate in the ScotWind leasing round. RIDG has revealed it is working towards the next round of offshore wind in Scotland due to be launched by The Crown Estate Scotland after t

New Scottish Company Reveals ScotWind Plan
Renewable Infrastructure Development Group (RIDG), a new Scottish company in the offshore wind market, is planning to participate in the ScotWind leasing round. RIDG has revealed it is working towards the next round of offshore wind in Scotland due to be launched by The Crown Estate Scotland after t

CMB to Operate Zero-Emission Fleet by 2050
Compagnie Maritime Belge announced its commitment to tackle CO2 emissions from the shipping sector.

WA Farm Dredging Project VIDEO
Apex Envirocare, a wholly owned Australian company specializing in solutions to a variety of environmental water related problems, has just released an amazing video about their recently completed WA Farm Dredging Project. During the work, 1500 dry tonnage of sediment was removed increasing – by a s

Ocean City Beach Replenishment Update
Ocean City mayor Jay Gillian has just reported that the U.S. Army Corps of Engineers completed their pumping operations at the south end last week. According to the update, beaches between 59th Street and 45th Street gained 515,000 cubic yards of sand, and a vulnerable stretch of dune near 59th Stre