Business & Finance
BIMCO Names New Secretary General & CEO
BIMCO has appointed David Loosley as its new Secretary-General & CEO with effect from June 2020.
Dockworkers at Fremantle Container Terminal Go on New Strike
Two hundred wharfies at DP World’s container terminal in Fremantle have stopped work for 24 hours.
New Harelbeke Lock Opens
The official inauguration of a new lock complex along the Lys river in Harelbeke, Belgium, took place last week, Jan De Nul said in their latest announcement. The Joint Venture ‘Leieland’, of which Jan De Nul Group is part, designed and built the new lock and dam in order to improve the connection o
ADNOC targets 25 pct decrease in greenhouse gas emissions by 2030
UAE’s ADNOC has revealed plans to decrease its greenhouse gas emissions intensity by 25 percent by 2030 as part of its sustainability goals. The company’s plan to reduce the emissions was announced as part of a set of comprehensive sustainability goals by Dr. Sultan Ahmed Al Jaber, UAE Minister of S
SapuraOMV Kicks Off Larak Gas Production Off Malaysia
SapuraOMV Upstream has produced first gas from its Larak field offshore Malaysia following the start-up at the end of December. The Larak field is part of gas fields discovered in 2014 under the SK408 production sharing contract (PSC). The fields are tied back into an existing processing facility an
CDMCS Releases Pipeline Incident Prevention
The Council for Dredging and Marine Construction Safety (CDMCS) has unveiled Pipeline Incident Prevention (PIP), a recommended best practices guide for safe dredging near underwater gas and hazardous liquid pipelines located in the Army Corps federal navigation channels. According to CDMCS, this com
Centerm Expansion VIDEO Update
The Port of Vancouver has just released the latest video update on their Centerm Expansion and South Shore Access Project, saying that the works continued in the water around the terminal and on land in December. Dredging and infilling operations are also in full swing now, according to the announce
CNOOC sets 2020 capex at $13.7 billion in push to boost production
China’s CNOOC Limited has said that its capital expenditure for 2020 is budgeted at up to $13.7 billion as the company pursues an increase in its oil and gas reserves and production with 227 exploration planned to be drilled during the year.
US Blacklists Chinese Shipowner in New Sanctions against Iran
The Trump Administration has issued a new wave of sanctions against Iran.
Unique Group Boosts Diving and Life Support Division in India
A multi-million rupee investment to enhance its Diving and Life Support division in western India will see Unique Group company Unique Hydra strengthen its infrastructure and increase customer accessibility in the region. The 10,000 sq. ft facility in Vadodara, Gujarat, will offer assembly and manuf
Minesto Looks for Insurance Broker
Marine energy developer Minesto has issued a tender call for Insurance Broker Services, for insurances for renewable marine – tidal energy technology projects. The Insurance Broker should act as a supervisor and broker when Minesto has need of insurances such as project insurances for existing and f
Akufo-Addo Cuts Sod for Ningo-Prampram Scheme
The President of Ghana, Nana Addo Dankwa Akufo-Addo, cut the sod recently for the commencement of work on the Ningo-Prampram Coastal Protection Project. The project, to be undertaken by Messrs Bridge Global Consolidated Limited, is meant to protect a coastal stretch of five kilometers from tidal wav
First Steel Cut for UECC’s Next-Generation Battery Hybrid LNG Ship
The first steel has been cut for United European Car Carriers’ new battery hybrid LNG-powered vessel.
Three60 Scores Neptune Energy Framework Deal
Three60 Energy has won a framework contract to deliver engineering and support services for Neptune Energy’s UKCS portfolio. The contract will see Three60 Energy provide both concept and front-end engineering studies as well as engineering, procurement, construction and commissioning activities for