Business & Finance

Former DeepOcean man to take over CEO role at Oceanteam
Offshore support vessel owner Oceanteam has appointed a new chief executive officer (CEO) of the company.

Readers’ Picks of the Week (January 20-24, 2020)
Here are the most read stories of the previous week.

Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (January 20 – 26, 2020). All Set for King’s Lynn Dredging A maintenance dredging program, aimed for the safety of shipping within the enclosed Docks King’s Lynn in Norfolk, is set to begin this week, King’s Lynn C

Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (January 20 – January 26). https://subseaworldnews.com/2020/01/21/mcdermott-strikes-restructuring-deal-files-for-chapter-11-bankruptcy/ https://subseaworldnews.com/2020/01/20/technipfmc-split-on-track/

Highlights of the Week
MarineEnergy.biz has compiled the top news from marine energy industry from January 20 – January 26, 2020. https://marineenergy.biz/2020/01/23/eu-unveils-e1-trillion-green-deal-investment-plan/ https://marineenergy.biz/2020/01/20/blue-gift-launches-2nd-call-for-ocean-energy-demos/ https://marineener

Bristow to merge with Era to create offshore helicopter giant
Offshore helicopter operator Bristow and its peer Era Group have made a deal to merge in an effort to create a more diverse and financially stronger player.

United Heavy Lift Adds Eleven Ships to Its Fleet
United Heavy Lift takes over a fleet of nine eco-friendly F900 newbuilds and buys two 12,000 dwt vessels.

Environment Minister Rebecca Pow Tours Wallasea Island Project
Environment Minister Rebecca Pow visited the Wallasea Nature Reserve yesterday to see first-hand the extensive efforts to help the coast and its wildlife adapt in the face of climate change. The Minister was touring the Essex site ahead of the introduction of the landmark Environment Bill in the nea

Phase II of the Carteret County Renourishment Project Starting Soon
Phase II of the Carteret County Post Florence Renourishment Project is scheduled to begin in the first week of February, the Shore Protection Office reports. According to the officials, Great Lakes Dredge & Dock (GLDD) plans to mobilize land- and water-based pipe, heavy equipment, personnel, etc. th

Creditor calls for ‘transparent responses’ over ‘unclear details’ of Premier’s North Sea deal
Premier Oil’s largest creditor, ARCM, has raised new concerns regarding Premier’s proposed acquisition of North Sea assets from BP and Dana Petroleum.

North America’s 1st LNG-Fueled Cruise Ship Floated Out in Finland
Carnival Cruise Line’s newest cruise vessel, Mardi Gras, was floated out at Meyer Turku shipyard.

Seaway 7 Lands First Triton Knoll Foundation
Seaway 7 has recently installed the first of 90 wind turbine monopile foundations at Triton Knoll offshore wind farm in the UK. The c.600 tonne steel monopile and its transition piece was installed by Seaway Strashnov which is contracted to transport and install all 90 of the wind turbine foundation

Benelux Consortium Eyes Stake in IHC
A consortium of marine companies and investors from around the Benelux is considering taking a stake in ailing shipbuilder Royal IHC, newspapers FD and De Tijd reported. The FD cited banking sources as saying the consortium was led by Luxembourg-based investor Hal Trust, together with dredging firms

Tallink to Make Silja Europa More Eco Friendly
Tallink Grupp to modernize its vessel Silja Europa at Turku Repair Yard.