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Business & Finance

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IADC Abu Dhabi Seminar Kicks Off
Business & Finance

IADC Abu Dhabi Seminar Kicks Off

IADC’s (International Association of Dredging Companies) 54th International Seminar on Dredging and Reclamation was officially launched yesterday, March 26, in Abu Dhabi. The 5-day course will be attended by over 30 participants, reports IADC. According to IADC, the course is aimed to provide an und

about 9 years ago
Top news, March 20 – 26, 2017
Business & Finance

Top news, March 20 – 26, 2017

Tidal Energy Today has compiled the top news from tidal and wave energy industry from March 20 – 26, 2017.

about 9 years ago
CEDA Publishes Its Annual Report 2016
Business & Finance

CEDA Publishes Its Annual Report 2016

The Central Dredging Association (CEDA) has just released its CEDA Annual Report 2016, detailing their work over the previous year and highlighting work related to the new initiatives. “2016 was an interesting year, in many ways, and for CEDA it was an outstandingly positive one with a few ‘firsts’.

about 9 years ago
Noble lands jack-up work in Australia
Business & Finance

Noble lands jack-up work in Australia

Offshore drilling contractor Noble Corporation has been awarded a contract for a jack-up rig in Australia. In its latest fleet status report on Thursday, the driller said that the 2014-built jack-up drilling rig Noble Tom Prosser has been awarded a contract with PTTEP offshore Australia. The contrac

about 9 years ago
Former JP Morgan man joins Lamprell board
Business & Finance

Former JP Morgan man joins Lamprell board

Lamprell, a UAE-based provider of fabrication, engineering and contracting services to the oil & gas industry, has appointed a new non-executive director to its board of directors Lamprell said on Friday that Nicholas “Nick” Garrett was the latest addition to the company’s board with immediate effec

about 9 years ago
Nakilat Assumes Management of LNG Mesaimeer
Business & Finance

Nakilat Assumes Management of LNG Mesaimeer

Nakilat, the shipping arm of Qatar’s liquefied natural gas (LNG) sector, has assumed full ship management and operations of the Q-Flex LNG carrier Mesaimeer from Shell Trading and Shipping Company Ltd. (STASCo). With a cargo carrying capacity of 216,312 cubic meters, Mesaimeer is the sixth wholly-ow

about 9 years ago
Submissions Open for IADC Safety Award 2017
Business & Finance

Submissions Open for IADC Safety Award 2017

The International Association of Dredging Contractors (IADC) has just announced that submissions for their annual IADC Safety Award are open. The Award seeks to identify the exceptional safety performance of a particular project, product, ship, team or employee. “The Award is open to all companies a

about 9 years ago
iContainers: New Alliances to ‘Shake Things Up’
Business & Finance

iContainers: New Alliances to ‘Shake Things Up’

New shipping alliances set to come into effect next week will lead to a shortage of options for freight forwarders, online freight forwarder iContainers said. Starting April 1 the previous four alliances will be regrouped to three, namely THE Alliance, Ocean Alliance and 2M. The effect of this new r

about 9 years ago
London P&I Club: Warranty Surveyors to Reduce Cargo Shifting Risk
Business & Finance

London P&I Club: Warranty Surveyors to Reduce Cargo Shifting Risk

Due to a recent increase in the incidence of deck cargoes shifting in heavy weather, the London P&I Club said it supports a recommendation to appoint a warranty surveyor to supervise high-risk marine construction and transportation project operations where appropriate. “In the past year, LOC has see

about 9 years ago
New boss to lead Mubadala Petroleum
Business & Finance

New boss to lead Mubadala Petroleum

The Abu Dhabi-based oil and gas exploration and production company Mubadala Petroleum has appointed a new chief executive officer. Mubadala Petroleum said on Sunday that Bakheet Al Katheeri would succeed Musabbeh Al Kaabi as the CEO of the company. Al Kaabi is leaving the company to head the new Pet

about 9 years ago
Van Oord Net Profit Drops in 2016
Business & Finance

Van Oord Net Profit Drops in 2016

Van Oord, a Rotterdam based company specializing in dredging, marine engineering and offshore projects, has just announced that in 2016 their revenue decreased to an amount of EUR 1.71 billion (2015 EUR 2.58 billion) and net profits went down to EUR 90 million (2015: EUR 169 million). In dredging, r

about 9 years ago
DP World’s Earnings Exceed USD 1 Bn Despite Challenging Markets
Business & Finance

DP World’s Earnings Exceed USD 1 Bn Despite Challenging Markets

Despite “significant challenges” in the industry, Dubai-based port and terminal operator DP World has posted for the first time a full-year net income of over USD 1 billion. The company’s profit for 2016 stood at USD 1.3 billion, compared to USD 970 million seen a year earlier. Moreover, DP World’s

about 9 years ago
Report: Renewables Key to Decarbonising Energy System by 2060
Business & Finance

Report: Renewables Key to Decarbonising Energy System by 2060

80% of power generation and 65% of total primary energy supply should come from renewables if global energy-related carbon dioxide (CO2) emissions are to be reduced by 70% by 2050 and completely phased-out by 2060, according to new findings released by the International Renewable Energy Agency (IREN

about 9 years ago
IADC Releases Updated Version of Building with Nature
Business & Finance

IADC Releases Updated Version of Building with Nature

The International Association of Dredging Contractors (IADC) has just announced that an updated version of ‘Facts About: Building with Nature’ is now available. ‘Facts About: Building with Nature’ talks about a design philosophy that uses natural processes (ecosystem services) to realize structures

about 9 years ago
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