Business & Finance
New boss takes the helm at Providence Resources
Irish oil and gas company Providence Resources has appointed a new chief executive officer (CEO) with immediate effect.
Mammoet closes ALE acquisition
Dutch heavy lifting and transportation company Mammoet has created the ‘largest global provider of engineered heavy lifting and transport services’ after closing the acquisition of UK rival firm ALE.
Navios Acquisition Acquires Navios Europe Tanker Quintet
Following the liquidation of Navios Europe I, Navios Maritime Acquisition takes delivery of 5 tankers.
1st Ethylene Shipped from Enterprise’s Morgan’s Point Terminal
The Navigator Europa recently departed the facility carrying 25 million pounds of ethylene for Marubeni.
Roll Group Adds Third BigRoll to Its Fleet
Roll Group has started 2020 with the addition of a module carrier to its fleet.
All Set for Peel Marina Dredging
Work to remove 44,000 tonnes of silt from Peel Marina is set to begin on Monday, 13 January. The first stage will see contractor Land and Water Services Limited (LAWS) construct a temporary draining pool in a field upstream from the marina, beyond the power station site. LAWS will be on site from ne
Transocean wins $352.9 million in new backlog as ‘offshore drilling market continues to improve’
Transocean has secured a $352.9 million of contract backlog from new contracts and extensions. The company sees this as a sign of improvement in the offshore drilling market.
Bahri Boosts Presence in India
Bahri Jeddah will call regularly at Kamarajar Port and on an inducement basis at Chennai International Terminal.
Phoenix Names Long Corporate VP
Marine services contractor Phoenix International has promoted Matthew Long to corporate vice president. Long will retain his current duties as general manager of Phoenix’s Largo, MD operations, and in his additional role as corporate VP will assume responsibilities for company-wide financial forecas
COVE CEO to Retire
Ocean Ventures and Entrepreneurship (COVE) chief executive officer Jim Hanlon has announced his plan to retire in 2020. “I’m really proud of what we have accomplished at COVE”, said Hanlon. “At COVE, we’ve created a world-leading environment for ocean technology companies to come together and grow t
Finnlines Orders Two Superstar Ro-Pax Ships
Finnlines has signed an order for two ro-pax vessels with China Merchants Jinling Shipyard (Weihai).
Beach Energy orders subsea control systems for Otway from Aker Solutions
Aker Solutions has secured a contract to provide subsea control systems to Beach Energy’s Otway project phase 4 and 5, offshore Victoria, Australia.
Kwai Tsing Dredging Continues
The Hong Kong Marine Department (MARDEP) has just released the latest update on the dredging operations at Kwai Tsing Container Terminals 1, 2 and 5, saying that the works will continue for a period of approximately 2 months. The dredging operations will be carried out by a grab dredger and two tug
Wisdom Marine Accepts Delivery of Another Ultramax
Wisdom Marine Lines has taken delivery of Amis Treasure, a 61,000 dwt bulker newbuild, from DACKS.