Business & Finance
Essar Shipping to Install Scrubbers on Four Ships
Essar Shipping is planning to install scrubbers on four out of its 12 owned vessels.
Texas GLO Backs Coastal Restoration Projects
Seeking to support coastal resilience, the Texas General Land Office (GLO) committed $6.6 million through the Coastal Erosion Planning and Response Act (CEPRA) to support two Ducks Unlimited shoreline protection projects in coastal Texas. The GLO granted $4.5 million in support of a living shoreline
Motive Offshore Rolls Out Flexibles Unit with Pumptech Buy
Motive Offshore has launched a new Flexibles division with the completion of acquisition of Stavanger-based Pumptech. The seven-figure acquisition reflects the growth strategy which follows investment earlier this year from private equity firm, EV Private Equity. Specialists in flexible flowlines an
Ammonia-Fuelled 23,000 TEU Boxship Design Gets AIP
Ammonia-fuelled 23,000 TEU Ultra-Large Container Ship design secures LR’s AIP.
Rever Offshore Wraps Up Fairfield Decom Campaign
Rever Offshore has completed the subsea infrastructure decommissioning project of the Greater Dunlin Area for Fairfield Energy. The project utilised saturation DSVs, Rever Sapphire and Rever Polaris, along with the heavy CSV, Normand Clipper. The workscope involved multiple campaigns comprising of p
PJ Valves Boosts Houston Ops with New Appointment
UK-based PJ Valves has appointed Kenneth Kmiec as Territory Leader for the Americas to support the company’s growth in the region. Kmeic will be based in PJV’s Houston office and will work directly with customers to maintain relationships, build new partnerships and expand the local team. A key elem
Settlement Shores Canal Dredging Kicks Off
The Settlement Shores canal dredging gets underway today, beginning cleanup operations at Regatta Cove, informs the Port Macquarie-Hastings Council. The dredging will address areas where the canal depth has been impacted by sedimentation, tidal movements, and boat wash, making it safer and more acce
Minesto Rights Offering Subscription Period Begins
Swedish marine energy developer Minesto has initiated the subscription period for new issue of units with pre-emptive rights for existing shareholders. The subscription period runs from December 4 to 18, 2019. Shareholders in the company who were listed in the share register kept by Euroclear Sweden
Dutra Group Bags $10 Million Dredging Deal
The Dutra Group of San Rafael, California, has won another major maintenance dredging contract from the federal government. The company secured a $10 million maintenance dredging project that will be performed in Alabama, Mississippi and Florida. According to the US Department of Defense (DoD), bids
Sonardyne Kits Out Korean Submarine Rescue Ship
Sonardyne underwater positioning and tracking technology is to be used to support search and recovery operations undertaken by the Republic of Korea Navy’s new auxiliary submarine rescue ship (ASR-II). Through a contract with GE’s Power Conversion business, the ASR-II will be fitted with Sonardyne’s
Neumann Wraps Up Ramsgate Beach Nourishment
The Ramsgate Beach Nourishment Project in Botany Bay, NSW, has been completed on time and the Baths will be opened this weekend, local media reports. The $770,000 project started in October and saw the Bayside Council moving 28,0000 cubic meters of sand from the spit near the Georges River 16ft Sail
CMA CGM Picks Marseille-Fos for Bunkering of LNG-Fueled ULCVs
CMA CGM has chosen the port of Marseille-Fos for the bunkering of the company’s future 15,000 TEU vessels.
Hydroid Speeds Up Post-Survey Data Processing for UUVs
Hydroid has integrated an in-mission processor on a REMUS 600 unmanned underwater vehicle (UUV) with the Kongsberg High-Resolution Interferometric Synthetic Aperture Sonar (HISAS) 2040. By integrating the in-mission processing, the high-resolution images from the HISAS module can be quickly download
Diana Charters Out Two Bulkers at Lower Rates
Athens-based Diana Shipping has signed new charter contracts for two of its dry bulk vessels.