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Business & Finance

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Safety on Site by IADC
Business & Finance

Safety on Site by IADC

The International Association of Dredging Companies (IADC) has released in its latest Terra et Aqua an article named ‘Safety on Site‘. One in five fatal accidents occur in construction and a high percentage of it involves a man on the ground. This article explains how companies can significantly red

about 9 years ago
Changing tides could impact tidal renewable energy sites
Business & Finance

Changing tides could impact tidal renewable energy sites

The study of the impact of global sea-level rise on tides has found that tidal changes will have implications for existing and proposed tidal renewable energy sites.

about 9 years ago
Total and NIOC ink deal to develop phase 11 of South Pars gas field
Business & Finance

Total and NIOC ink deal to develop phase 11 of South Pars gas field

French Total and the National Iranian Oil Company (NIOC) have signed a contract for the development and production of phase 11 of South Pars (SP11), the world’s largest gas field. The project will have a production capacity of 2 billion cubic feet per day or 400,000 barrels of oil equivalent per day

about 9 years ago
Drewry: Freight Rates Bounce Back from 2016 Levels
Business & Finance

Drewry: Freight Rates Bounce Back from 2016 Levels

This year is one of huge correction after a disastrous 2016 for rates, buoyed at the same time by better supply and demand fundamentals, according to shipping consultancy Drewry. Global spot market freight rates were more than one-third higher in the first half of 2017 with big increases across most

about 9 years ago
Saipem nets $500 million in new contracts
Business & Finance

Saipem nets $500 million in new contracts

Italian offshore contractor Saipem has been awarded new contracts worth total $500 million. According to the company’s statement on Monday, it was awarded a new E&C offshore contract by Saudi Aramco for EPCI (Engineering, Procurement, Construction, Installation) activities and T&I (Trunklines & Inst

about 9 years ago
Digitalization: Future’s Cornerstone – But at What Cost?
Business & Finance

Digitalization: Future’s Cornerstone – But at What Cost?

In the aftermath of the NonPetya cyber attack that hit one of the major industry players A.P. Moller-Maersk, shutting down its terminals across the globe, World Maritime News spoke with DNV GL on the process of digitalization in the industry that seems to be gaining ground. According to Albrecht Gre

about 9 years ago
Top news, June 26 – July 2, 2017
Business & Finance

Top news, June 26 – July 2, 2017

Tidal Energy Today has compiled the top news from tidal and wave energy industry from June 26 until July 2, 2017.

about 9 years ago
Subsea 7 snaps up businesses from bankrupt EMAS Chiyoda Subsea
Business & Finance

Subsea 7 snaps up businesses from bankrupt EMAS Chiyoda Subsea

Norwegian subsea services player Subsea 7 has announced the acquisition of certain businesses of a bankrupt EMAS Chiyoda Subsea (ECS). To recall, Emas Chiyoda Subsea, a joint venture between Ezra Holdings Limited and the Chiyoda Corporation, filed a petition for bankruptcy protection at a U.S. court

about 9 years ago
Marine Energy Event program announced
Business & Finance

Marine Energy Event program announced

The Marine Energy Event 2017, organized in cooperation with the Dutch Energy from Water Association (EWA), offers delegates an insight in the latest developments in marine energy in the field of tidal and wave energy, salinity power and OTEC with a focus on bankable projects. The marine energy indus

about 9 years ago
Interview: Preparations for DT Conference in Advanced Stage
Business & Finance

Interview: Preparations for DT Conference in Advanced Stage

The preparations for the first ever Dredging Today Conference (DTC), which will offer a forward-looking agenda for the dredging industry, are in full swing now. With just about three months left to DTC, Dredging Today took the opportunity to talk with Ms. Femke Perlot-Hoogeveen, Conference Manager,

about 9 years ago
Caterpillar Supports Development of Ashdod Port
Business & Finance

Caterpillar Supports Development of Ashdod Port

Caterpillar recently delivered the Cat 6015B OEM Frontless Hydraulic Shovel that is being used for the Ashdod Port Development Project in Israel. The port, located about 40 kilometers south of Tel Aviv, is undergoing a substantial expansion to meet the forecast of a 40 percent increase in cargo traf

about 9 years ago
Gibson: MR Segment Sees Positive Developments
Business & Finance

Gibson: MR Segment Sees Positive Developments

Although the overall performance in the product tanker market remains disappointing, some positive dynamics have been seen in the MR segment, according to a report from Gibson Shipbrokers. MRs have fared somewhat better than larger product carriers in recent months despite the continued weakness in

about 9 years ago
Drewry: Multipurpose Prospects Continue to Strengthen
Business & Finance

Drewry: Multipurpose Prospects Continue to Strengthen

Many key drivers for dry cargo demand have reported a significant uptick in 2017, resulting in improving conditions for all vessels in the multipurpose shipping sector, shipping consultancy Drewry informed. This year started out well with most demand drivers for the breakbulk sector strengthening fr

about 9 years ago
Highlights of the Week
Business & Finance

Highlights of the Week

Dredging Today brings you an overview of the most popular stories from the past week (June 19-25, 2017). VIDEO: Launching of the Hopper Dredger Vox Amalia Earlier this year, Van Oord’s new trailing suction hopper dredger Vox Amalia hit the water at the LaNaval shipyard in Bilbao, Spain. Agreemen

about 9 years ago
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