Subsea World News has put together a recap of the most interesting articles from the previous week (March 06 – March 12). DeepOcean has received a call-off under its new master service agreement (MSA) with BP. The call-off covers the installation of a new flexible water injection riser and the recov
Dredging Today brings you an overview of the most popular stories from the past week (March 6-12, 2017). Neptune Builds Van Oord’s First LNG-Powered Vessel Van Oord, a Rotterdam based company specializing in dredging, marine engineering and offshore projects, has ordered the construction of a new
Driven by a drop in dry bulk demolition and a surge in deliveries, the dry bulk fleet grew by 2.6% year-on-year in January 2017 exceeding 800 million dwt, according to shipping association BIMCO. Dry bulk demolition was halved in the first month of 2017 when compared to the same period a year earlie
Our new Dredging Vessel Directory (DVD), featuring more cutter suction dredgers (CSD) than the last year’s edition, is now finished and available online! Being introduced for the first time today at the IRO-CEDA meeting in Voorschoten, the new directory, which will provide the dredging industry with
The five member lines of THE Alliance said that they will establish an independent trustee to manage funds to be used if one of the carriers suffers a bankruptcy. Through the contingency plan, the fund will be used to continue alliance operations in the event of insolvency of one or more members of
Neptune has appointed Frank Crighton as a regional manager, Middle East. Frank joins Neptune with 20 years of industry experience and a strong background in remotely operated vehicle (ROV) technologies, subsea operations and marine and vessel management. The newly appointed role which is initially b
Australian subsea services provider Neptune has appointed a new Regional Manager for the Middle East. Neptune said on Thursday that Frank Crighton would be the company’s Middle East regional head and that he joins the company with 20 years of industry experience. The company added Crighton has a bac
Ocean Energy Systems (OES) has released a new report presenting global state-of-the-art in ocean energy sector.
As the container shipping industry continues to be plagued by the same challenges since the onset of the 2008 financial crisis, the outlook for global container carriers remains grim at the start of 2017, consulting firm AlixPartners said. Sluggish demand levels are exacerbating supply-and-demand im
McDermott revealed on Wednesday it plans to construct offshore production solutions in Saudi Arabia. McDermott signed a memorandum of understanding with Saudi Aramco for a long-term land lease at the new maritime facility at Ras Al Khair in Saudi Arabia, currently being developed by Saudi Aramco. Wi
Boskalis has just announced that they achieved an operating net profit of EUR 276 million in 2016. Including non-cash impairment charges of EUR 840 million after tax the company reported a net loss of EUR 564 million (2015: net profit of EUR 440 million). Revenue declined by 20 per cent to EUR 2.60
Tidal Energy Today has compiled the top news from tidal and wave energy industry from February 27 until March 5, 2017.
Marine seismic acquisition company Polarcus has elected ex-Ophir chairman Nicholas Smith as its new board member. Polarcus said on Monday that Smith was elected at the company’s Extraordinary General Meeting and that his term of office expires at the company’s 2017 Annual General Meeting at which ti
Readers’ Picks of the Week (February 27 – March 3, 2017)
