Business & Finance
Tamarind’s New Zealand subsidiary goes into voluntary administration
The New Zealand subsidiary of Malaysia’s energy company Tamarind Resources has gone into voluntary administration due to an “unsustainable financial position.”
Flexential Expands Latin America Offering with Seaborn Networks
Flexential is expanding its FlexAnywhere offering with providing customers direct access to Seaborn Networks’ transoceanic platform for the low latency, high-speed, 72-terabits-per-second connection to Latin America. The Latin American subsea cable, called Seabras-1, links New York/New Jersey, U.S.
Dredging Part of Luka Koper Expansion
Luka Koper, Slovenia, has started this year a series of major investments aimed at increasing capacity especially on the Container and at the Car & RO-RO terminal. According to the company, intensive construction works are going on various locations around the port. One of the main projects is the e
HR Wallingford: New Service for Managing Environmental Impacts of Dredging
Dredging companies are able to better plan their schedules in advance thanks to a new service which can provide improved forecasting of sediment plumes caused by dredging, HR Wallingford said in its latest announcement. The service enables dredging contractors to improve their ‘adaptive management’
ACE Winches Gets Additional Balmoral Boost
Balmoral recently made a seven-figure investment in ACE Winches which will be used to strengthen ACE’s equipment fleet. The investment follows Balmoral’s previous boost of some £10 million at ACE Winches in 2017, aimed at expanding its international reach in the offshore heavy lifting, renewables an
China’s COSCO Sets Up New Company for Intra-Europe Services
The new company would be better positioned to respond to market needs, COSCO said.
Alcohol Leads to Fatal Fall aboard Cargo Ship, Transport Malta Says
An investigation showed that the high level of alcohol may have impaired the seafarer’s cognition.
Launching of TSHD Meuse River Set for November 16
A launching ceremony of the new 7.950m³ trailing suction hopper dredger (TSHD) Meuse River will take place on Saturday, November 16, 2019. The vessel is being built for DEME Group at the Royal IHC shipyard in Krimpen aan den IJssel. The TSHD will be equipped with dual fuel engines and LNG tanks, ens
Prysmian Wraps Up DolWin3 Project
Prysmian has delivered the HVDC offshore grid connection project DolWin3, off the German North Sea coast. The Italian subsea cables specialist had secured this project in February 2013, with a contract awarded by Alstom Grid (now GE Grid GmbH) on behalf of the Dutch-German grid operator TenneT. DolW
Vår Energi Pipe and Subsea Portfolio Passes PSA Probe
Petroleum Safety Authority (PSA) Norway has carried out an audit of Vår Energi and its pipe and subsea portfolio on the Norwegian Continental Shelf. The audit, from October this year, included inspection of Vår Energi and its portfolio of pipelines, risers, control cables and subsea facilities on th
Expedition Cruise Operators Agree on Voluntary Arctic HFO Ban
The Association of Arctic Expedition Cruise Operators approves a self-imposed ban on the use of HFO in the Arctic.
SSE Calls On UK to Go Faster and Harder on Wind Energy
The next UK government should go faster and harder on offshore and onshore wind in a bid to reach the net zero targets by 2050, according to SSE Chief Executive Alistair Phillips-Davies. In its interim results, SSE called on political leaders to put renewable power “front and center” of the plans to
More Funds for Annisquam River Dredging Project
Governor Charlie Baker and Lt. Governor Karyn Polito recently joined Gloucester Mayor Sefatia Romeo Theken, Congressman Seth Moulton, members of the U.S. Coast Guard and the Army Corps to announce a $2.4 million Massachusetts Dredging Program award for the Annisquam River Dredging Project. The award
Northam Coastal Protection Scheme on Display
Torridge District Council has proposed to carry out coast protection work at the beach fronting Northam Burrows Country Park in Northam, Bideford, UK. The work will consist of beach recycling from the distal end of the spit near Grey Sand Hill to areas of the west facing beach where erosion has occu