Business & Finance
Vineyard Wind Supports Massachusetts Ports Potential
Vineyard Wind is allocating two USD 50,000 grants to support the development of port facilities that would service the offshore wind industry in Massachusetts, U.S. The first grant is awarded to the New Bedford Port Authority for developing publicly-owned port facilities that could help support shor
DSC Dredge, Deep Diggers Sign MoU
DSC Dredge, a Louisiana based company involved in customized dredging solutions, is expanding their presence in Bangladesh with a new partnership agreement. The company just announced that Mr. Bob Wetta, President and CEO of DSC Dredge LLC, officially signed a memorandum of understanding (MoU) with
CSV Southern Ocean secures two new gigs offshore India
CSV Southern Ocean, which is jointly owned by Bourbon and Oceanteam, has been awarded two charters on offshore projects off the East Coast of India.
CSV Southern Ocean Wins More Work Off India
The construction support vessel Southern Ocean, owned by a joint venture between Bourbon Offshore Norway and Oceanteam, has been awarded two charters on projects off the East Coast of India. The scope is a partial continuation of the scope that was initiated previous year. Works on the first short-t
MSC: LNG Not a Feasible Option due to Lack of Bunkering Facilities
LNG is not a viable option for container shipping giant MSC due to limited bunkering facilities at ports.
McDermott Starts Jackets Delivery for North Field Expansion
The first two jackets required for North Field Expansion (NFE) project have been completed, Qatar Petroleum said on Wednesday. The NFE project’s engineering, procurement, construction and installation contract for the eight jackets was awarded to McDermott in April 2019. McDermott was also awarded t
Dredging Seminar Starts in Mumbai
The International Association of Dredging Companies (IADC) has just announced that the 59th International Seminar on Dredging and Reclamation is now underway in Mumbai, India. The seminar, taking place from November 26 – 28 at the Radisson Mumbai Andheri MIDC, will bring together decision makers and
Stolt Tankers Signs Sale, Leaseback Deal for 20 Vessels
Stolt Tankers has entered into a sale and leaseback agreement for 20 chemical tankers with CMB Financial Leasing.
Vassallo Constructions Wins Shute Harbor Deal
The $35 million construction tender for the rebuild of Shute Harbor terminal and seawall in the Whitsunday Region of Queensland was awarded to Vassallo Constructions Pty Ltd today, with works expected to begin in January 2020, the Whitsunday Regional Council reports. The overall $54.5 million restor
Work Begins on the Next Stage of North Portsea Island Scheme
The next stage of the North Portsea Island Coastal Defense scheme is now underway, according to the Eastern Solent Coastal Partnership (ESCP). As reported, work on the first stage, Kendall’s Wharf, began on 25th November 2019 and will continue until Spring 2020. This will include the construction of
G E Shipping Offloads Suezmax Tanker
Great Eastern Shipping has decided to sell one of its Suezmax crude carriers.
Cairn to exit Norway following Norwegian unit disposal
Cairn Energy has entered into an agreement to dispose of the entire share capital of Capricorn Norge, the company’s wholly owned subsidiary in Norway.
VesselsValue Teams Up with Idwal Marine on Automated Vessel Valuations
VesselsValue has launched the next generation of automated vessel valuations with Idwal Marine.
Ship Island Phase 2 Work Completed Under Budget
The U.S. Army Corps of Engineers’ Mobile District has successfully wrapped up the Ship Island Restoration Project – Phase 2. Completed on November 21, 2019, the approximately $130 million Ship Island Phase 2 is part of an ongoing five-phase effort to not only restore and protect the valuable habitat