Business & Finance
Diana Shipping Shrinks Fleet, Sheds Another Panamax
Including the 2005-built Clio, the company agreed to sell six Panamaxes so far this year.
PSA International Wants to Grow DCT Gdansk’s Capacity to 7 Mn TEUs
PSA International has unveiled an ambition to grow capacity at DCT Gdansk to 7 million.
Innovo and Sparrows Deliver West African Flexible Lay Spread
Innovo and Sparrows have completed a flexible lay spread contract for a major oil and gas, tier 1 contractor in Angola. The contract has been executed with Innovo’s Innodrive 700T electrical Reel Drive System (RDS) and a Sparrows tensioner integrated with under-deck carousel. The Innodrive RDS, desi
CHEC Kicks Off Tanga Port Dredging
The Tanzania Port Authority (TPA) has officially kicked off the Tanga Port dredging program on the entrance channel and the berth areas, the Daily News reports. Conducted through its Tanga office, TPA plans to complete this $74 million dredging scheme in 12 months. Implementation of this capital dev
Dutch Dredging Opts for MirTac
The Netherlands based MirTac and Dutch Dredging (Baggerbedrijf de Boer) have agreed to implement the StarIPS Fleet Management solution onboard Dutch Dredging’s modern fleet of 28 vessels. According to the MirTac latest announcement, the companies signed a contract for maintenance consultancy, implem
Activists Protest Seattle Cruise Terminal Expansion
Stand.earth and 350 Seattle activists protested against Port of Seattle’s Cruise Terminal 46 expansion proposal.
Saipem grabs contract award for Alen pipeline offshore E. Guinea
Equatorial Guinea’s Ministry of Mines and Hydrocarbons has approved a contract award to Italy’s Saipem from Noble Energy for a pipeline installation for Noble’s fields.
NCL Delivers Solid Quarter Despite Hurricane Dorian Impacts
The company said that the top line exceeded expectations and it recorded the highest quarterly revenue in its history.
Wärtsilä, PSA Marine Move Forward with IntelliTug Project
The first-of-its-kind dynamic positioning system has been installed on board PSA Polaris.
EMEC on Look Out for New Non-Executive Director
The European Marine Energy Centre (EMEC), one of the leading test facility for wave and tidal energy converters, is looking to appoint a new non-executive director to its board of directors. The position will offer strategic guidance and governance to the company and strong leadership during the per
Rosewood Beach Nourishment Project Progresses
Significant progress has been made in recent weeks in the construction of the Rosewood Beach Sand Nourishment project, informs the Park District of Highland Park. According to the Park District, sand is being strategically placed along both the Nature Cove and the Swimming Cove with a steep grade at
DOF Subsea scores several contracts in Trinidad, Gulf of Mexico
Norwegian subsea service business DOF Subsea has won multiple contract awards from undisclosed clients in Trinidad and the U.S. Gulf of Mexico.
Scorpio Tankers Shrinks Loss as Vessel Revenues Rise
Net loss was at USD 45.3 million, compared to USD 71.7 million seen in the third quarter of 2018.
Deep Casing Tools Appoints New Product Line Manager
Aberdeen-based well technology company, Deep Casing Tools (DCT), has bolstered its capability in the plug and abandonment (P&A) sector with the appointment of Alan Glen as product line manager for Casing Recovery Systems. This new position has been created to focus on bringing DCT’s highly anticipat