Business & Finance
MSC Cruises Claims Title of World’s First Carbon Neutral Cruise Line
CO2 emissions from MSC Cruises’ fleet will be offset as of January 1, 2020, the company says.
Gibson: Tanker Scrapping to Remain Low During Winter
A lack of demolition activity has been one of the key developments in tanker supply this year.
Works Continue on Round Valley Reservoir Refurbishment
With work completed on the South Dam, the refurbishment of Round Valley Reservoir will be moving to the North Dam this week, the New Jersey Water Supply Authority (NJWSA) said in their latest project update. The segment of County Route 629 that parallels the Reservoir between Old Mountain Road and t
USCG: Oils Spills During Bunkering Ops in Honolulu
The heavy fuel oil spilled during bunkering operations between boxship Kamokuiki and a bunker barge.
ASN Delivers First Phase of Jahan Sverdrup PRM Project
Alcatel Submarine Networks (ASN) has recently installed and commissioned the first phase of the permanent reservoir monitoring (PRM) system for the Johan Sverdrup field, operated by Equinor in the North Sea. The Optowave PRM system has acquired data during the first seismic data acquisition campaign
BIMCO: Market Uncertainty Causes More Fuel Oil Price Volatility
The uncertainty of the upcoming IMO 2020 sulphur cap regulation is having a big impact on the bunker market.
Reducing Ship Speeds Has Multiple Benefits, New Study Shows
Slower ship speeds would massively reduce the damage shipping is causing to human health, nature and the climate.
Weeks Marine Wins $151.3 Million Savannah Contract
The U.S. Army Corps of Engineers, Savannah District has awarded another Savannah inner harbor dredging contract. The $151.3 million contract was given to Weeks Marine, Inc. on November 7, 2019. According to the FedBizOpps, the deepening project does not extend the entire length of the channel. The p
Construction of New Fulhadhoo Harbor Begins
The Maldives Transport and Contracting Company (MTCC) has officially started the construction activities for a new harbor in B. Fulhadhoo area, local media reports. The harbor construction agreement was signed on July 2 by Director General of Planning Ministry, Fathimath Shana Farooq, and the MTCC C
Transmark Subsea Represents DeepSea Power & Light in Nordics
Bergen-based Transmark Subsea has become the new representative for DeepSea Power & Light in the Nordics. DeepSea’s underwater lighting, cameras, batteries and PRV’s aligns well with Transmark Subsea’s expansion strategy in the region, the company said. The combined forces of both companies’ teams o
ABS Introduces Industry’s 1st Guide to Tackle Containership Fire Issue
ABS’s guide is addressing firefighting and safety systems of cargo holds of container vessels.
Woodside takes FID on key component of Burrup Hub
Woodside has taken a final investment decision on the pipeline component of the Pluto-North West Shelf Interconnector and has entered into contractual arrangements with DDG Operations for the construction of the pipeline.
ROVOP Set to Expand Middle East Team
ROVOP is set to add new personnel to its Middle East base due to a rise in demand for its services. The company is looking for experienced ROV personnel to work from its Middle East Operational Centre in Dubai, delivering services including drilling support, inspection repair and maintenance and con
Green Light for Ærfugl Phase 2
Partners in the Ærfugl field development in the Norwegian Sea have decided to move forward with Phase 2 of the project, three years ahead of the original plan. The Ærfugl field, which produces via Skarv FPSO, is one of the most profitable development projects on the Norwegian shelf with a break-even