Business & Finance
Unique Group to provide saturation dive system to COOEC vessel
Provider of integrated subsea and offshore solutions Unique Group has been awarded a multi-million-dollar contract by China Offshore Oil Engineering Co. (COOEC).
China: World’s Largest Shipbuilder Established
China has officially unveiled China Shipbuilding Corporation, “the world’s largest shipbuilding group”.
Samsung Heavy Industries to Pay USD 75 Mn in Penalties Over Bribery Case
Samsung Heavy Industries made “corrupt bribe payments” to win drillship contract.
Trelleborg Cable Guards for Ørsted’s Taiwan OWF Project
Trelleborg has won a contract from Ørsted to provide NjordGuard cable protection system, for the Greater Changhua 1 & 2a offshore wind farms in Taiwan. The company will provide 235 NjordGuard cable protection systems and bellmouths, which will protect all inter-array and export cables on the project
Grand River Dredging on Hold
A plan to dredge a section of the Grand River, aimed to restore navigability of the Grand River from downtown Grand Rapids to Grand Haven in Michigan, has been postponed officially. This Grand River Waterway Project’s release comes after months of inaction by the Michigan Department of Natural Resou
Masirah awards contract for FSO unit to store crude oil from Oman field
Masirah Oil has awarded a contract to Wings Offshore for a floating storage and offloading vessel, which will be used on a field located offshore in Oman.
Eagle Bulk Takes Delivery of One More Ultramax
Eagle Bulk Shipping takes delivery of the fifth of six Ultramax drybulk vessels it has recently agreed to acquire.
450GW Offshore Wind by 2050 in Europe Achievable – Report
The EU Commission’s goals for offshore wind of between 230 and 450 GW by 2050 are achievable provided the right investments in electricity grids and governments take the right approach to maritime spatial planning, according to a new WindEurope report. According to the report, ‘Our energy, our futur
450GW Offshore Wind by 2050 in Europe Achievable – Report
The EU Commission’s goals for offshore wind of between 230 and 450 GW by 2050 are achievable provided the right investments in electricity grids and governments take the right approach to maritime spatial planning, according to a new WindEurope report. According to the report, ‘Our energy, our futur
Conoship to Design Spliethoff’s New Multipurpose Ships
Conoship signed a contract with Mawei Shipyard for the design of Spliethoff’s two multipurpose DP2 B-type vessels.
Navios Partners to Expand Fleet with Five Containerships, Six Bulkers
Owner and operator of dry cargo vessels Navios Maritime Partners has signed agreements to acquire eleven vessels.
Another Stage of Quay Modernization at Port of Gdansk Wraps Up
Two renovated quays were commissioned last week at the Polish Port of Gdansk as part of the port’s ongoing quay and fairway modernization project. Completion of the 1st stage of expansion of the Obroncow Poczty Polskiej Quay included the redevelopment of half of the quay’s length. The remaining part
Samsung Heavy Wins USD 1.5 Bn LNG Carrier Deal
Samsung Heavy Industries has secured another order for the construction of LNG carriers.
Maintenance Dredging Program Begins in Lake Worth Inlet
Maintenance dredging program in the Lake Worth Inlet began last week, the Port of Palm Beach reports. The hopper dredger Atchafalaya is expected to remove approximately 60,000 cubic yards of sand from the inner and outer harbor channel. “Removing the shoal would deepen the sea floor to 37 feet in th