Business & Finance
Falkland Islands: Argos Resources seeking drilling partner as offshore license term extended
The Falklands Islands government has extended the term of Argos Resources’ offshore license PL001 by 18 months, giving the company time to find a partner and drill an exploration well.
Beaver Island Dredging on Display
The U.S. Army Corps of Engineers Rock Island District’s representatives met with partners from Iowa Department of Natural Resources and U.S. Fish and Wildlife Service Midwest Region yesterday for a site visit of the Upper Mississippi River Restoration (UMRR) Habitat Rehabilitation and Enhancement Pr
Navigation Solutions Providers ChartCo, Marine Press Announce Merger
The new company will be called OneOcean.
Borr Drilling adds $155 million to backlog with new contracts
Borr Drilling has been awarded three new contracts and two extensions for its rig fleet, adding about $155 million to its backlog.
WEDA Fall 2019 Conference in Galveston
The Board of the Gulf Coast Chapter of the Western Dredging Association (WEDA) has announced that their Fall 2019 conference will be held at the San Luis Resort, Spa & Conference Center in Galveston, Texas, from Tuesday, November 12th, through Thursday, November 14, 2019. The meeting will provide a
Pembroke Dock Marine Project Pushes Forward
The Swansea Bay City Deal’s Joint Committee has signed-off a detailed business case for the £60 million Pembroke Dock Marine project, which will now be submitted to the UK Government and Welsh Government for final approval. Led by the private sector and supported by Pembrokeshire County Council, Pem
GMP Wins 34-Year Concession for Le Havre Container Terminal
GMP will operate berths 11 and 12 for a period of 30 years.
Hansel Marine Cutter Suction Dredger on Its Way to Egypt
Hansel Marine, a Chinese manufacturer of dredgers and dredging equipment, has successfully dispatched a new HS-55CB cutter suction dredger (CSD) from Shanghai Port to Alexandria, Egypt. The dredger – with a customized design – was built by Hansel Marine in accordance with the specific requirements o
Damen Makes Record Delivery of Customized CSD350 to Brazil
Only four months after the signing of the contract, Damen successfully shipped a fully customized Cutter Suction Dredger (CSD) 350 to Brazil. The standard dredger was adapted to meet Brazilian Naval requirements and received additional options as per customer request. The CSD350 is the first station
Norwegian Cruise Line Takes Delivery of Its Newest Ship
Meyer Werft has handed over Norwegian Encore to Norwegian Cruise Line.
AAPA Wants More Funding for Port Infrastructure Program
The American Association of Port Authorities (AAPA) expressed their deep concern over the U.S. Senate’s approval yesterday of a fiscal 2020 appropriations bill that cuts funding by more than two-thirds to a U.S. Department of Transportation Maritime Administration (MARAD) program that provides criti
Sembcorp Marine to build FPU for Shell’s Whale field in Gulf of Mexico
Sembcorp Marine has won a contract from Shell to build and integrate the topside and hull of a Floating Production Unit (FPU) for the Whale field in the Gulf of Mexico.
USA: NREL Gets USD 5.7 Million for Floating Wind Turbine Research
U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) has awarded USD 5.7 million in new funding to the National Renewable Energy Laboratory (NREL) for its activities in the field of floating offshore wind turbines. NREL will work as the prime contractor on three projects wit
Japanese Big Three Deliver Profit as Liner Business Improves
NYK, MOL and K Line wrapped up the first half of the fiscal year 2019 with a profit.