Business & Finance
GE Officially Inaugurates Cherbourg Blade Factory
GE Renewable Energy has officially inaugurated the LM Wind Power blade factory in Cherbourg, France. The facility will provide the manufacture of the 107m long blades for the Haliade-X 12MW offshore wind turbine, as well as other blade models. According to GE, production started in early 2019 and fi
Subsea 7 profit and revenues down on lower pricing and activity levels
Subsea 7 saw a decrease in revenues in the third quarter of 2019 due to lower activity levels in the Renewables and Heavy Lifting business and a smaller profit due to lower pricing and competitive market environment.
Replenishment of Adelaide’s Beaches to Continue
Replenishment of Adelaide’s beaches will be continuing from Monday, November 11, until Friday, November 15, with sand being moved from between the Semaphore and Largs Bay jetties to the critically eroded West Beach, reports the Department for Environment and Water SA. As reported, sand will be moved
Hafnia to Collect USD 230 Mn from Oslo Pre-Listing Offering
The offering price was set at NOK 25,45 (USD 2,77) per share.
Shearwater booked for seismic survey in Mediterranean
Shearwater GeoServices has been awarded a 3D seismic survey in the Eastern Mediterranean.
Government Announces $20 Million Grant for JAXPORT
The federal government has awarded the Jacksonville Port Authority a $20 million grant for the reconstruction of more than 100 acres of existing terminal pavement at the SSA Jacksonville Container Terminal at JAXPORT’s Blount Island Marine Terminal. The funding is part of a $238 million plan to expa
Lithuania’s KN Looking to Buy FSRU Independence
The company intends to agree financing for the acquisition of FSRU Independence by the end of April 2020.
MacArtney Tech for MMT
MacArtney has recently supplied the latest NEXUS MK C multiplexer to Swedish marine survey specialist MMT. The NEXUS MK C is the latest delivery in a series of seven multiplexers provided to MMT since 2018. Working in close collaboration with Reach Subsea, MMT ordered the customised NEXUS MK C conne
BC Ferries Orders Four More Battery Electric-Hybrid Units from Damen
Set for delivery in 2022, the ships are to be operated as all-electric ferries once charging technology matures.
Cape May County Beachfill: Van Drew Overcomes Bureaucratic Objections
New Jersey Congressman Jeff Van Drew has announced a fix to a 2016 objection from the U.S. Fish and Wildlife Service that made it cost prohibitive for local towns to conduct a beach renourishment project that protects life and property from flood and coastal storm damage. The project impacts Avalon,
Island Drilling firms up North Sea deal with Cairn
Island Drilling Company has signed a contract with Capricorn Norge, a subsidiary of Cairn Energy, for operations in the North Sea offshore Norway.
Fincantieri Splashes Costa Firenze
Costa Firenze, to be delivered end of September 2020, is Costa Cruises’ 2nd ship designed for the Chinese market.
Farsund Dredging Set for December
Wasa Dredging, Finnish specialists in underwater blasting and dredging, is gearing up to kick off a dredging project in Farsund, Norway. According to Wasa, for this over $4 million cleanup program they plan to use the combined dredger and drilling rig Hector, split barges Miika II and Dana II and a
Shearwater Adds New Board of Directors Chair
Shearwater GeoServices has appointed Robert Hobbs as the new chair of the board of directors. Robert Hobbs replaces Karl-Johan Gombrii who has been the chair of the board since Shearwater’s inception in 2016. Hobbs has 30 years of experience from the oil and gas sector. He served as the CEO of TGS-N