Business & Finance
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 Conservancy Board reports. The dredging operations, to be conducted with UKD dredging vessel ‘Cherry Sand’, are scheduled to be wrapped up no late
MTCC Nets Meedhoo Dredging Contract
The Maldives Transport and Contracting Company Plc (MTCC) has won a contract for the Dh. Meedhoo Harbor construction works. Meedhoo, an island in Dhaalu Atoll, is the northernmost inhabited island in the Dhaalu Atoll, located 141.63 km southwest of the country’s capital, Malé. The contract was signe
probunkers, Hyundai Mipo Sign LOI for LNG Bunker Vessel Pair
probunkers has signed LOI with Hyundai Mipo Dockyard for the construction of two firm 7,600 cbm LNG bunker vessels.
2020 Bulkers Adds Sixth Newbuild with 3-Year Charter
2020 Bulkers has accepted delivery of Bulk Sydney, the sixth of eight 208,000 dwt Newcastlemaxes.
PEACE Submarine Cable Extends to Southern Africa
PCCW Global and PEACE Cable International Network will cooperate on the PEACE South extension of the Pakistan East Africa Connecting Europe (PEACE) submarine cable system. This cooperation positions PEACE as a major cable system to head south from the Europe-Asia route, in a move that will deliver c
Rohr-Idreco Delivers New Dredger to HH Van der Velde
Rohr-Idreco, a manufacturer of deep digging electric dredging vessels and equipment for the mining and dredging industries, is completing the delivery of the DRAGA4030 for their Dutch customer HH Van der Velde. The vessel will be equipped with an IMP300 pump, achieving a working depth of 40 meters.
CMES Taking Over Bulkers and LNG Assets from Sinotrans
CMES has decided to integrate the shipping assets of its subsidiary Sinotrans & CSC Holdings.
STATS Delivers Pipeline Isolation Campaign in Malaysia
Pipeline technology specialist STATS has wrapped up a six-month pipeline isolation campaign offshore and onshore Malaysia. The work covered 12 pipeline isolations on behalf of partner Handal Energy for a major operator in Malaysia, and is said to be the largest integrated campaign undertaken by STAT
Ørsted Named World’s Most Sustainable Company
Leading global offshore wind developer Ørsted is the world’s most sustainable company according to the Global 100 ranking announced by the Toronto-based research firm Corporate Knights. Ørsted has become the first-ever energy company to top Corporate Knights’ list, outperforming more than 7,300 glob
Reducing Flood Risk in Leeds
Work has started on the next stage of a major scheme to reduce the risk of flooding in Leeds, BAM Nuttall Ltd reports. Construction on the second phase of the Leeds Flood Alleviation Scheme will see flood defenses being built on the River Aire upstream of Leeds Station as part of a catchment wide ap
EC: A.P. Møller Capital Gets Green Light for Port Terminals in West Africa
EC approves APMC’s acquisition of joint control over 4 project companies with concessions to build terminals in Africa.
Full Support for the Florida Projects
U.S. Senators Marco Rubio and Rick Scott recently wrote to R.D. James, the Assistant Secretary of the Army – Civil Works, ahead of the Army Corps Engineers finalizing their Fiscal Year 2020 work plan, to ensure that all proposed and ongoing projects in Florida receive full and fair consideration. Th
Hyundai Group on a Winning Streak
Hyundai Heavy Industries Group is starting the year on a high note.
BP chooses replacement as CFO decides to retire
British oil major BP has named a new chief financial officer (CFO) following the decision by the current CFO to retire from the company and step down from the BP board on June 30, 2020.