Business & Finance
Stena Estrid Joins Stena Line’s Fleet
The vessel will now start a six-week journey to the Irish Sea, where it will begin service in January 2020.
Denmark Rolls Out New Subsidy Scheme for Offshore Wind
The Danish government has agreed on a new subsidy scheme for the Thor offshore wind project. With the new scheme, the government said a stable settlement price is guaranteed for the power generated by the offshore wind farm and support is provided based on the difference between the agreed price and
Port of Rotterdam: The Slufter Opens for PFAS Silt
The Slufter, the depot for contaminated dredged material from the Port of Rotterdam, can now also accept dredged silt contaminated with PFAS – a group of over six thousand synthetic chemical substances that occur in non-stick coatings, paint, fire extinguisher foam, clothing and many other products.
Port of Melbourne Dredging on the Way
The Port of Melbourne dredging program is expected to begin on the 25th of November 2019, the Australia’s largest container port said in its latest announcement. Dredging works, set to be completed in March 2020, will be carried out at various locations within the port precinct and the South Channel
Drewry: Higher BAF Charges to Arrive ahead of IMO 2020
Shippers and forwarders are starting to help carriers cover the additional cost of the cleaner, low-sulphur fuel.
MOL Chemical Tankers to Co-Develop Terminal at Ulsan Port
MOL Chemical Tankers has agreed with KNOC and SK Gas to develop a chemical terminal in the Port of Ulsan.
Yang Ming Suffers Wider Net Loss After Returning High-Cost Chartered Boxships
Yang Ming plunged deeper into the red in Q3 2019 after returning several high-cost chartered vessels.
Legislators Move Greenwood Lake Funding Bills Forward
The Assembly Appropriations Committee has approved Assemblyman Jay Webber’s legislation (A3804) creating a fund to preserve New Jersey’s second largest lake. “Greenwood Lake is a great natural, economic, and recreational resource for New Jersey, supplying more than 3 million of our residents with dr
2020 Bulkers, Koch Extend Charters for Two Ships
The company’s Bulk Santiago and Bulk Seoul will continue working for Koch for another 11-13 months.
EDS Gets New Managing Director
High voltage engineering specialist EDS, part of James Fisher and Sons, has appointed Ryan Henderson as its new managing director. Henderson will become managing director on 1 January 2020 at which point Ken Ritson, current MD and founder of the business will take up a new role as a non-executive di
ADBP Publishes Paper on Dredging Cost Standards
The financial costs associated with dredging activity are highly variable, depending on the plant being employed and the type of dredging being undertaken, Anthony D Bates Partnership (ADBP) reports. Since 2005, the Construction Industry Research and Information Association (CIRIA), has published th
Lake Seminole Restoration Project Underway
Pinellas County has begun the most important phase of the Lake Seminole Restoration Project. A county contractor has started a dredge operation that will remove about 900,000 cubic yards of organic sediment from the lake, aiming to bring it to its healthiest state in decades. Lake Seminole is the co
Mermaid Loss Widens
Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has reported net loss of $6.4 million for the three-month period ended September 30, 2019. This result compares with loss of some $1.9 million in the corresponding period in 2018. The Singapore-listed
Siemens Gamesa Signs Turbine Castings Deal in Taiwan
Siemens Gamesa and Yeong Guan Group have signed a conditional contract for the production of offshore wind turbine castings in Taiwan. According to Siemens Gamesa, a new factory will be built in the port of Taichung and will manufacture turbine castings for the 300MW Hai Long 2 offshore wind project