Business & Finance

Keel Laid for New IHC Easydredge for Peruvian Cohidro
A keel laying ceremony for a new IHC Easydredge 700 took place last week at the Rio Maguari Shipyard in Belem, Para, Brazil. According to Royal IHC, IMA will be the name of the dredger that the Dutch company set to deliver to the Peruvian Cohidro and means ‘friend’ in a local dialect of the [&hellip

New chief financial officer named at Cluff Natural Resources
UK-based company Cluff Natural Resources (CLNR) has appointed a new chief financial officer (CFO) of the company.

Bourbon COO changes roles
COO of French vessel owner Bourbon Corporation has resigned from his role following the sale of the company’s assets to a group of creditor banks and transferred to the chairman role at Bourbon Maritime.

Signal Maritime, Heidmar Partner Up on Tanker Management
Signal Maritime Services and Heidmar have entered into a partnership for the commercial management of a tanker fleet.

NAT: Political Uncertainty Helping Tanker Market Bonanza
NAT starts the new quarter with a booking for its Suezmax tanker worth over USD 100,000 per day.

Baleària Launches MTTS LNG Bunkering in Valencia Port
Baleària has established a natural gas supply in the port of Valencia using a multi truck to ship bunkering system.

Preparations Underway for Manasota Key Beach Renourishment
The preparation activities for the Manasota Key Beach Renourishment Project, to be conducted by Great Lakes Dredge & Dock Corporation (GLDD), are currently underway. The mobilization is set to begin in the following days and will last until the beginning of February. Once mobilization is complete, t

Ørsted Makes Operating Model Changes
Ørsted has introduced a new operating model for its offshore wind business with an aim to support the further development, execution and operation of its project pipeline and future growth. Ørsted’s offshore business will be organized into four regions, including Asia Pacific, the UK, Continental Eu

Premier Oil’s largest creditor opposes plan to extend debt maturity, buy North Sea assets
Premier Oil’s largest creditor is opposing the oil company’s plan to extend its debt maturity and acquire UK North Sea assets from BP and Dana Petroleum, claiming the company’s high-risk strategy will only increase risk for stakeholders.

Maersk Tankers Announces Digital Business Spin-Off
Maersk Tankers is launching a new standalone digital business.

Maryland PSC Schedules Hearing for Project Turbine Sizes
The Maryland Public Service Commission (PSC) is holding a public hearing on the potential impact of bigger turbines at the Skipjack and MarWin offshore wind projects. The event is part of the commission’s limited inquiry into impacts related to changes in the turbine sizes originally anticipated for

Six Proposals for University Lakes Project
The Louisiana State University (LSU) Real Estate and Facilities Foundation, an affiliate of the LSU Foundation, has received six proposals from highly qualified local and national firms in response to its request for proposals seeking a project adviser for the University Lakes Project. The RFP was i

Poten: Unipec Top Charterer of 2010s
Unipec top charterer of the last decade, with an ever-growing market share in reported dirty spot fixtures.

Tarmac Marine Opts for SMS Southampton
SMS Southampton, part of The SMS Group, has completed a significant dredger refit job for Tarmac Marine. The refit involved the 72 meter, 1997-built aggregate dredger ‘City of Chichester’ and was successfully wrapped up at Williams Shipping’s berths in the Western Docks, port of Southampton UK. The