Business & Finance

Laboratory Experiment Into Dynamic Coastal Protection in Hannover
Following the success of the DYNAREV experiment in the summer of 2017, a second Bath-led laboratory experiment on a low cost style of dynamic revetment was carried out in collaboration with researchers from institutions in both Europe and Brazil, supported by GCRF funding. Traditionally, coastal pro

One Sea Alliance Welcomes New Chairman
One Sea, the industry alliance promoting autonomous shipping, has appointed Capt Eero Lehtovaara as its new Chairman.

Damen Poised to Develop Shipbuilding in Bangladesh
Damen, Gentium Solutions to develop shipbuilding and ship repair industry in Bangladesh.

BW Energy IPO slated for first quarter of 2020
Norwegian FPSO operator BW Offshore is targeting 1Q 2020 for the IPO and listing of its 68.6% owned exploration and production subsidiary, BW Energy.

DP World Wins Another Ruling Against Djibouti over Container Terminal
DP World has won a further legal hearing against the Government of Djibouti over the Doraleh Container Terminal.

Pirat X – The Biggest Dredger in Africa (VIDEO)
The cutter suction dredger Pirat X is the flagship of B&Q Dredging fleet and one of the biggest CSDs in the world. With three pumps and roughly 10,000 horsepower, it can dredge and transport up to 12.000m³ soil-water mixture per hour at depths of up to 50 meters. Being the biggest dredger in Africa,

Equinor Picks Aker Solutions for Troll Platforms Electrification FEED
Aker Solutions has secured a front-end engineering (FEED) study from Equinor to enable power from shore for the Troll B and C platforms, to reduce CO2 emissions from the field. The contract includes an option for the engineering, procurement, construction and installation (EPCI) work following the c

Aker Solutions eyes 5-year brownfield services contract
Aker Solutions is participating in a joint venture that has been issued a letter of award to provide offshore maintenance and modification services to an undisclosed client.

Port of Corpus Christi Closes 2019 with Success
The Port of Corpus Christi, Texas, ended 2019 with record tonnages for December – 13.8 million cargo tons and 122.2 million cargo tons for the entire year, making a 16-million-ton improvement over 2018 tonnages. “These record-setting figures are not only indicative of a resilient energy export marke

Aker Solutions wins FEED job for electrification of Troll platforms
Equinor has awarded Aker Solutions a front-end engineering and design contract (FEED) for topside modifications to accommodate power from shore at the Troll B and C platforms located offshore Norway.

Hester Marsh Restoration VIDEO
The recently completed Hester Marsh project restored 65 acres of salt marsh at California’s Elkhorn Slough National Estuarine Research Reserve. The work, begun in January, adding soil from the Pajaro River flood control project to increase the elevation of drowned marshes. The restoration will impro

Dredger Laura Busy at Port of Siuslaw
The Oregon International Port of Coos Bay and the Port of Siuslaw have partnered to complete dredging at the Port of Siuslaw inner boat basin. The basin has collected sand and silt to a point where some slips were unusable for the commercial and recreational fleet or are only accessible during high

Havila scoops two new offshore vessel deals
Norwegian shipping company Havila Shipping has secured contracts for two of its offshore vessels.

HMM’s 24,000 TEU Mega Ships to Start Delivery in April
The sequential delivery of the new containerships coincides with the company’s entry into THE Alliance.