Business & Finance
HHI Group Bolsters Orderbook ahead of Year End
Orders at HHI Group are speeding up as the shipbuilder has won two more contracts for four vessels.
Velasco Terminal Expansion Project Starting This Month
McCarthy Building Companies, Inc. has been awarded the Velasco Container Terminal expansion project at Port Freeport, Texas. The Velasco Terminal expansion, which includes Berth 8, features over 925 feet of berth extension and will accommodate post-Panamax gantry cranes. This will be the single larg
Celtic Sea Offshore Floating Wind Cluster to Hold Supply Chain Event
The Celtic Sea Offshore Floating Wind Cluster is holding a Floating Wind in the Celtic Sea: Future Supply Chain Opportunities event in Milford Haven, Wales, on 30 January. The event is sponsored by the ORE Catapult and Welsh Government and supported by Marine Energy Wales and Marine Hub Cornwall. Ov
Dredge Jadwin Completes 2019 Season
The U.S. Army Corps of Engineers Vicksburg District’s Dredge Jadwin has completed its 2019 season. During the 2019 season, the Jadwin dredged more than 4 million cubic yards of sand, mud and sediment from the lower Mississippi River to allow the waterway to remain navigable for commercial traffic. “
Cameron LNG Kicks Off Production from New Train
Cameron LNG has begun producing LNG from the second liquefaction train of the export facility in Hackberry.
New CFO elected at Noble Corp.
Offshore drilling contractor Noble Corporation has named Stephen M. Butz as Executive Vice President and Chief Financial Officer of the company.
Titan LNG Delivers LNG to TSHD Scheldt River Via Trucks
A joint effort between Port of Brest, CCIMBO, DEME and Titan LNG resulted in the successful truck-to-ship LNG bunkering of the Scheldt River, the DEME owned LNG powered hopper dredger, last week. Commenting the latest news, Eric Roellinger, Harbor Master Port of Brest, said: “Port authorities play a
DP World Inks 30-Year Concession for Jeddah South Container Terminal
DP World is awarded a 30-year build-operate-transfer concession to develop Jeddah South Container Terminal.
MOL Takes Full Ownership of Euro Marine Logistics JV
Following the transaction, MOL will become the sole owner of EML.
Steel Cut for TT-Line’s Green Ship
Jiangsu Jinling has started the construction of TT-Line’s new LNG-powered RoPax.
Sunset Beach Project Completed Ahead of Schedule
The construction of a low-crest groyne and revetment on the Sunset Beach Foreshore to mitigate the effects of coastal erosion have been completed a week ahead of schedule, the City of Greater Geraldton reports. The installation of the 40m long groyne and the 50m long revetment at Triton Place will h
Banks take over struggling French vessel owner Bourbon
A French court has decided that assets of French vessel owner Bourbon Corporation, which has been in a court restructuring process, will be sold to creditor banks.
Klaipedos Nafta Bags USD 148 Mn Loan for Its LNG Terminal
Klaipedos Nafta has signed a USD 148 million loan to finance FSRU Independence’s charter.
ArcelorMittal Sells Stake in Global Chartering to Ceres Shipping
ArcelorMittal is to sell a 50% stake in Global Chartering Limited (GCL), its drybulk shipping business, to DryLog.