Business & Finance
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
Ettalong Channel Dredging Program Complete
The six-month-long Ettalong Channel dredging program has been successfully completed, according to the Member for Terrigal Mr Adam Crouch. As reported, around 30,000 cubic meters of sand has been removed during the works. This has created a 30 meter wide, 2.5 meter deep channel for recreational and
Wärtsilä, PSA Marine Join Forces on Clean Energy Shipping Solutions
Wärtsilä and PSA Marine plan to collaborate in the co-creation of smart technologies for the marine sector.
EIB to Ditch Fossil Fuels, Focus on Clean Energy Investments
The European Investment Bank (EIB) is planning to support EUR 1 trillion of investments in climate action and environmental sustainability from 2021 to 2030 as part of a new energy lending policy. Following the approval of the revised energy lending policy, the EIB stated it will no longer consider
Maersk’s Operating Results Up despite Lower Container Demand
The company delivered strong free cash flow and a return on invested capital of 6.4%, according to Maersk CEO.
Team Tankers Offloads Two More Older Ships
Team Tankers is selling another two older vessels, pursuing its strategy aimed at younger ocean-going units.
Equinor to award $380 million worth of contracts for inspection services
Equinor has chosen suppliers for inspection services on all offshore installations on the Norwegian continental shelf and onshore plants in Norway.
Port of Gladstone Maintenance Dredging About to Begin
The trailing suction hopper dredger (TSHD) Brisbane is in the Port of Gladstone area, getting ready to begin a maintenance dredging program, the Gladstone Ports Corporation (GPC) announced today. GPC undertakes maintenance dredging to remove the build-up of sediment in navigational areas so that the
Port Hope Dredging Kicks Off
The Port Hope Area Initiative (PHAI) has officially started the Port Hope Harbor dredging scheme, aimed to uncover some fascinating sunken finds within the sediment. The dredging, which began on October 31, is part of the process to remove sediment, objects and other material contaminated with histo
Karoon takes Stena drillship for Peru well
Karoon Energy has executed binding agreements with Stena Drilling and Tullow Oil to contract the Stena Forth drillship.
Equinor taps Aker Solutions for inspection services in Norway
Aker Solutions has been chosen by Equinor as the main supplier for inspection services for more than 15 operating facilities in Norway.
Getting Ready for South Wave Break Island Dredging
Works contributing to safe and navigable access to the South Wave Break Island channel in the Broadwater are set to begin today, Gold Coast Waterways Authority (GCWA) reports. GCWA CEO, Hal Morris, has confirmed that a local dredging contractor will start setting up on site and will kick off dredgin
IKM lands more Johan Sverdrup work
IKM Ocean Design has been awarded an engineering contract for pipeline and umbilical for the Equinor-operated Johan Sverdrup Phase 2 project located offshore Norway.
Ex-McDermott man becomes Gulf Island Fabrication CEO
U.S. offshore facilities fabrication company Gulf Island Fabrication has named a new president and chief executive officer (CEO).