Business & Finance
ECOsubsea Grows Hull Cleaning Footprint in Europe
Norwegian provider of hull cleaning technology ECOsubsea said it has been given green light by the Dutch regulatory body Rijkswaterstaat to offer hull cleaning services to vessels at all Dutch Ports including Europe’s biggest port, the Port of Rotterdam. ECOsubsea also secured similar permissions in
Singapore Maritime Accelerator Selects Inaugural Nine Startups
Singapore-based maritime accelerator powered by Techstars has unveiled its first class of nine startups.
Grants Announced for Ohio Lake Erie Watershed Projects
The U.S. EPA Regional Administrator Cathy Stepp and Ohio EPA Director Laurie Stevenson have announced five separate grants recently awarded to Ohio EPA, Ohio Lake Erie Commission (OLEC), Ohio Department of Natural Resources (Ohio DNR), and the Northeast Ohio Four County Regional Planning and Develop
Petrobras poised to become world’s largest oil producer by 2030, Rystad says
Brazil’s Petrobras is on track to become the world’s largest oil producer among publicly listed companies by 2030, based on Rystad Energy’s latest data and forecasts.
Cash offer for Singapore’s POSH formally launched
Quetzal Capital has now formally launched its voluntary conditional cash offer for Singapore’s offshore support vessel operator PACC Offshore Services Holdings (POSH). Quetzal Capital is the bid vehicle formed by certain members of the Kuok group of companies, namely Kuok (Singapore) Limited (KSL),
Ocean Energy Systems Expects Wave and Tidal Energy Boom in 2020
Ocean Energy Systems is predicting strong advances in ocean energy in 2020, driven by public and private sector funding. The last OES annual report highlights significant international investment including $25 million pledged by the US Department of Energy to support 12 ‘next-generation’ marine ener
Increasing Longmeadow Resiliency
The Rhode Island Department of Environmental Management (RIDEM), in cooperation with the City of Warwick and Save The Bay, will complete a coastal adaptation project at Longmeadow Fishing Access Site later this month. Situated at the end of Samuel Gorton Avenue, the site has experienced more than 10
Petrofac fetches over $120 million with new deals
Oilfield services provider Petrofac has been awarded contracts and extensions with a combined value of more than $120 million.
MOL to Order Japan’s 1st LNG-Fueled Ferries
Mitsui O.S.K. Lines and its subsidiary Ferry Sunflower Limited plan to construct Japan’s first two LNG-fueled ferries.
NFWF and NOAA Grants for Coastal Resilience Projects
The National Fish and Wildlife Foundation (NFWF) and NOAA, joined by partners Shell and TransRe, have announced $30 million in new grants to support coastal resilience projects in 23 states and U.S. territories. The grants will restore or expand natural features such as coastal marshes and wetlands,
Clipper Vacations Joins Green Marine
Clipper Vacations is the newest member of the voluntary environmental program.
ABB Demos Its Subsea Power Technology
ABB has completed a 3,000-hour shallow water test of its pioneering subsea power distribution and conversion technology system – making it commercially viable. The system delivers a supply of up to 100 megawatts of power, over distances up to 600 kilometers and down to 3,000 meters water depth, at p
Port Freeport Expansion on the Way
Port Freeport Commissioners have approved a $129.6 million contract with McCarthy Building Companies, Inc. for the expansion of Velasco Container Terminal in Texas. The Velasco Terminal expansion, which includes Berth 8, features over 925 feet of berth extension and will accommodate post-Panamax gan
Boskalis pens $120M deals for marine transport, including a record-breaking FPSO move
Boskalis secures works for three semi-submersible transport vessels