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Business & Finance

Seadrill picks up two three-year jack-up extensions in Middle East
Business & Finance

Seadrill picks up two three-year jack-up extensions in Middle East

Offshore drilling contractor Seadrill has secured a three-year contract for each of the AOD II and AOD III jack-up rigs.

about 6 years ago
New Member Joins Integral
Business & Finance

New Member Joins Integral

Patrick Friend has joined science and engineering firm Integral Consulting (Integral) as a strategic advisor to support its Marine Science and Engineering practice. Dr. Friend has a Ph.D. in sediment dynamics from the University of Southampton’s National Oceanography Centre, and more than 20 years o

about 6 years ago
Boxship Fully Operational After Allision with Shore Pier in Bosphorus
Business & Finance

Boxship Fully Operational After Allision with Shore Pier in Bosphorus

Songa Iridium, a ship that ran aground in the Bosphorus Strait on December 27, is now fully operational.

about 6 years ago
Massachusetts Senator Calls for Offshore Wind Project Labor Agreements
Business & Finance

Massachusetts Senator Calls for Offshore Wind Project Labor Agreements

Senator of Massachusetts Edward J. Markey has called on Ørsted and Vineyard Wind to enter into Project Labor Agreements (PLA) for wind energy projects offshore Massachusetts and the larger East Coast. In his letters to the two offshore wind developers, Markey stated that a PLA would ensure newly cre

about 6 years ago
To Our Valued Readers – Happy New Year 2020!
Business & Finance

To Our Valued Readers – Happy New Year 2020!

Dear Readers, The Dredging Today editorial team wishes you a happy and prosperous 2020! We would like to thank you all for being with us in this momentous year of 2019, where the dredging sector bloomed amazingly. We hope you stay with us through this exciting ride and follow our contribution to the

about 6 years ago

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Busy January Ahead for GLDD
Business & Finance

Busy January Ahead for GLDD

Great Lakes Dredge & Dock Corporation (GLDD) has just announced the receipt of several major dredging contracts totaling $83 million. The awarded work includes: Charlotte/Sarasota Regional Beach Project (Coastal Protection, Florida, $30.5 million); South Atlantic Region Harbor Dredging (Maintenance,

about 6 years ago
Hyundai Samho Gets USD 280 Mn Orders for Two Ships
Business & Finance

Hyundai Samho Gets USD 280 Mn Orders for Two Ships

Hyundai Samho Heavy Industries receives two new orders that have a combined worth of USD 280.2 million.

about 6 years ago
PHOTO: Fresh Green Jacket for TSHD Nile River
Business & Finance

PHOTO: Fresh Green Jacket for TSHD Nile River

DEME Group’s 17,000 m³ trailing suction hopper dredger (TSHD) Nile River is getting into the new year with a fresh green jacket, the company said in their latest announcement. After a dry dock period in Singapore, the TSHD is now ready to head to her next project in Asia. Earlier this year, Alewijns

about 6 years ago
Integral Adds Strategic Advisor
Business & Finance

Integral Adds Strategic Advisor

Patrick Friend has joined science and engineering firm Integral Consulting (Integral) as a strategic advisor to support its Marine Science and Engineering practice. Dr. Friend has a Ph.D. in sediment dynamics from the University of Southampton’s National Oceanography Centre, and more than 20 years o

about 6 years ago
MTCC Wins Himmafushi Dredging Contract
Business & Finance

MTCC Wins Himmafushi Dredging Contract

The Maldives Transport and Contracting Company Plc (MTCC) has won a contract for the K. Himmafushi Harbor – Phase 2 Project. Director General of Planning Ministry, Fathimath Shana Faarooq, signed the agreement yesterday on behalf of the government and MTCC COO, Shahid Hussain Moosa, put his signatur

about 6 years ago

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Fugro Becomes Sole Owner of Seabed Geosolutions
Business & Finance

Fugro Becomes Sole Owner of Seabed Geosolutions

Fugro has entered into an agreement to acquire CGG’s 40% shareholding in Seabed Geosolutions. This will terminate the Seabed Geosolutions’ joint venture agreement effective December 30, 2019 in exchange for a cash consideration of USD 35 million, paid by CGG before year-end 2019. The proceeds will b

about 6 years ago
Jobs Up for Grabs at Quoceant
Business & Finance

Jobs Up for Grabs at Quoceant

Quoceant, an independent engineering consultancy based in Edinburgh, is looking for a mechanical engineer and a senior mechanical engineer to join its team. Quoceant delivers full system solutions for novel marine applications. In a senior mechanical engineer role, the person will be in charge of a

about 6 years ago
Fugro to become sole owner of Seabed Geosolutions
Business & Finance

Fugro to become sole owner of Seabed Geosolutions

Dutch geophysical services provider Fugro has entered into an agreement to acquire CGG’s 40 percent shareholding in Seabed Geosolutions.

about 6 years ago
DOF Moves Forward with Refinancing Negotiations
Business & Finance

DOF Moves Forward with Refinancing Negotiations

DOF Group has made progress is negotiating with its banks and bondholders with a view to finding sustainable long-term financing structure that is aligned with the current market environment. The bondholders in each of DOFSUB07, DOFSUB08 and DOFSUB09 bond loans resolved to continue and extend the en

about 6 years ago