Business & Finance
$54.9M for the Replenishment of North Carolina Beaches
The State of North Carolina and FEMA are announcing more than $54.9 million to reimburse expenses to restore hurricane- and tropical storm-related beach damage. The funds include reimbursing the replacement of sand and plants on public beaches in the towns of Emerald Isle and Holden Beach. Emerald I
Samsung Heavy, SKT Ace 5G-Based Remote Control Ship Test
SHI, SK Telecom verify a 5G-based autonomous and remote control navigation test platform.
Church Scar Coastal Protection Project Remains on Schedule
The Fairhaven to Church Scar Coastal Protection Scheme remains on program, with a contract completion date of December 2020 following the successful award of the additional works at Granny’s Bay, Fylde Council reports. “Mindful of its commitments for an early opening at Church Scar and Fairhaven for
Schlumberger CFO to step down
Schlumberger has informed that Simon Ayat, Executive Vice President and Chief Financial Officer, will step down from this position effective January 22, 2020.
Kongsberg in SAR Pact with Norwegian Society for Sea Rescue
Kongsberg Maritime has signed an agreement with the Norwegian Society for Sea Rescue to develop new and innovative maritime Search and Rescue (SAR) technologies. The duo’s collaboration will cover five concept development areas for SAR: maritime operations, rescue operations, search on the surface o
STL Bags Subsea Crossover and Stinger Contract
Aberdeen-based engineering company Subsea Technologies Ltd (STL) said it has recently secured a contract to build and supply a subsea crossover and stinger. The contract from an undisclosed client, set a challenging time schedule for delivery, however, STL said that this was overcome by its experien
ABS, DSME Ink Digitalization and Decarbonization JDP
ABS and DSME sign a JDP agreement to explore decarbonization, digitalization strategies for VLCC, ULCS ships.
Centerm Expansion Project Continues
Works are continuing on the Centerm Expansion Project and South Shore Access Project in Vancouver (BC), informs the Vancouver Fraser Port Authority. As reported, dredging and infilling to create new land to the east of Centerm will continue up to 24 hours a day, 7 days a week with a small exception—
Chief’s Report Signed for Hashamomuck Cove
The U.S. Army Corps of Engineers, New York District, said in their latest release that Lt. Gen. Todd T. Semonite, Chief of Engineers, U.S. Army Corps of Engineers, has signed the Chief’s Report for the Hashamomuck Cove, NY, Coastal Storm Risk Management Feasibility Study. The project will help reduc
CSSC, DNV GL Partner Up on Developing Future-Proof Solutions for Shipping
CSSC, the largest shipbuilding group in the world, enters into a new strategic partnership with DNV GL.
BP picks Aker Solutions for Cypre project support
Aker Solutions has secured a contract to support the development of BP’s Cypre project, offshore Trinidad and Tobago.
New Mud Cat for Hedger Aggregate
Ellicott Dredge Technologies (EDT) has announced the sale of a Mud Cat Model MC 115D to Hedger Aggregate from Jonesboro, AR, to perform routine maintenance dredging of their sand wash plant ponds. According to Ellicott, the MC 115D will be used for continuous maintenance to maintain storage capacity
Contract Awarded for Texas City Hurricane Flood Protection Project
The U.S. Army Corps of Engineers Galveston District has awarded a contract in the amount of $12.2 million to Pontchartrain Partners, LLC., to repair damages caused by Hurricane Harvey on the Texas City Hurricane Flood Protection Project. “The project will correct erosion damages to the levee and Mos
Total hires Ocean Infinity for seismic surveys in Angola
Ocean Infinity has been awarded a contract by Total for seismic surveys in Angola.