Business & Finance
Fugro Extends Skandi Carla Charter
Fugro has extended the firm period of hire for the Skandi Carla time charter contract until end October 2020, the Oslo-listed DOF Subsea said on Tuesday. Skandi Carla is a purpose-designed and built ROV survey, IRM and construction support vessel. The 84 meters long vessel with accommodation for 80
SINN Power Wins Cleantech Open Global Idea Challenge
SINN Power has won this year’s Cleantech Open Global Idea Challenge in Los Angeles with its wave energy technology to supply people worldwide with clean and reliable energy from ocean waves. SINN Power was invited to attend the Cleantech Open (CTO) Global Forum, which is a 3-day event to pave the wa
Additional Funding to Bring New Sand to Stockton Beach
Minister for Local Government Shelley Hancock has announced an additional $175,000 of funding for the City of Newcastle Council to begin work to boost sand volumes on Stockton Beach, located north of the Hunter River in New South Wales, Australia. “The newest round of funding will enable approximate
Ramsgate Baths Beach Nourishment Underway
Bayside Council (NSW) is undertaking a beach nourishment project to replace 28,000m³ of sand within Ramsgate Baths with sand sourced from Sandringham Bay, Dolls Point. According to the Council, machinery installed at Sandringham Bay is pumping sand along the Cook Park foreshore via a temporary pipel
Flex LNG Inks Long-Term Charter Deal for Vessel Newbuild
A subsidiary of Flex LNG enters into a long-term charter contract with Clearlake Shipping for an LNG carrier.
Apply Sørco, Aker Solutions pen Vår Energi deals
Apply Sørco and Aker Solutions will provide modifications and maintenance support
Global Ship Lease to Buy Two Post-Panamaxes on Long-Term Charters
Global Ship Lease (GSL) has agreed to acquire two 2004-built Post-Panamax containerships from Black Pearl Containers.
Harrington Back Channel Dredging Passes Halfway Mark
Dredging operations at Harrington Back Channel have just passed the half way mark, with the beach renourishment phase of Manning Point Beach about to get underway, informs the MidCoast Council, NSW. As reported, Manning Point locals and visitors to the area will have noticed slurry being pumped onto
Apply and Aker Solutions Win Var Energi Contract
Vår Energi has signed frame agreements with Apply Sørco and Aker Solutions for modifications and maintenance support for the company’s operated assets. The frame agreements, which cover operation, maintenance, modification and engineering services, have a duration of three years with options for a t
Xodus Adds Two Recruits to Its Environment Division
Xodus Group is set to almost double its global environment division with recent appointment of two new recruits in Aberdeen. Jonathan Ashburner has joined as cables and interconnectors lead while Gill Rodger returns to Xodus as the head of governance and assurance. Qualifying as a marine mammal biol
Valaris secures $285 million in revenue backlog with new rig contracts
Valaris has been awarded new contracts and extensions for its drilling rigs with an associated revenue backlog of $285 million. One of the jack-up rigs has secured a 21-well contract with ExxonMobil in the U.S. Gulf of Mexico.
Mitsubishi and Chubu to Buy Eneco
A consortium of Mitsubishi Corporation and Chubu has reached an agreement with the Dutch energy company Eneco on the proposed sale of all shares in Eneco for a total equity value of EUR 4.1 billion. Mitsubishi will control an 80% stake in Eneco, with Chubu holding the remaining 20%. Mitsubishi also
J.F. Brennan Kicks Off Providence Dredging Scheme
J.F. Brennan Company, Inc. has begun work on a significant dredging project along the Providence River, reports the Providence Foundation. The project is being done jointly by the City of Providence, the Nature Conservancy, the Coastal Resources Management Council, 195 Redevelopment District Commiss
Buffalo Bayou Desilting Work Progresses
Willow Fork Drainage District’s engineer, Craig Kalkomey, has just released the latest update on the Willow Fork of Buffalo Bayou desilting scheme, saying that Allgood Construction has removed the first 200 cubic yards of dirt from the diversion channel. Willow Fork of Buffalo Bayou, which runs from