Business & Finance
Covid-19 impacts Seabed Geosolutions’ activities
Seabed Geosolutions is feeling the impact of the COVID-19 pandemic on its activity. A significant ongoing project in the Middle East has been cancelled and another project that was scheduled to start imminently in Brazil has been postponed. In response, Seabed will implement rigorous cost and capex
MPS Modular Pontoons in Terneuzen
Modular Pontoon Systems BV (MPS) recently delivered a 54,86m x 21,95m sectional pontoon to Belgium based contractor DEME – part of the Sassevaart consortium. The modular pontoon is used to utilize two Liebherr HS 895 HD crawler cranes for the dredging activities necessary for the construction of the
Royal IHC Completes Toliara Metallurgical Testing
Royal IHC has completed metallurgical testing as part of a definitive feasibility study (DFS) on the Toliara mineral sands project. The work was carried out on behalf of Base Resources Limited. IHC’s involvement since the pre-feasibility study has facilitated the development of a fit-for-purpose pro
Total delays North Sea gig for Prosafe’s accommodation rig
Offshore accommodation specialist Prosafe and oil major Total have agreed to delay Total’s 2020 North Sea campaign, which was supposed to use Prosafe’s Safe Caledonia flotel.
Chevron gets $1.6 billion from MOL for Azerbaijan assets
Oil major Chevron has sold its interest in assets offshore Azerbaijan to Hungary’s MOL for $1.57 billion.
Turbulent waters: Covid-19 and offshore construction
The article delves into legal intricacies of declaring force majeure events on existing offshore construction contracts in case of delays caused by the coronavirus pandemic as well as key points to consider when entering new contracts.
Waterking Modular Pontoons for Sweden
Over the last few months, a Waterking’s customer in Sweden has significantly expanded its fleet with their modular pontoons (including coupling material). “With these modular pontoons you can make any desired platform. Now, they have ordered end pontoons which improves the sailing performance,” said
Chantiers de l’Atlantique looking to partially reopen
French shipbuilder Chantiers de l’Atlantique, mainly active in the construction of cruise ships, is currently in talks with unions on a partial resumption of production activities on April 27. The work resumption would include production activities on vessels as well as those in workshops and would
Dutch Tulip Oil preparing for future wells on North Sea project
Tulip Oil is taking steps in preparation for production increase at its Q10-A gas field located in the Dutch sector of the North Sea.
PHOTO: Damen CSD500 at Basra Terminal
A Damen CSD500 has been working on the Basra Gateway Terminal in Iraq continuously since it was delivered early 2018. The stationary dredger started on the creation of two additional container berths with a depth of -14 m along quay. These berths were completed in 2019 offering the Iraqi port increa
Germany, other EU countries provide COVID-19 liquidity relief to cruise lines
Germany and other European countries would allow cruise lines to pause their repayments of export credit guarantees for one year.
Namaka Subsea appoints technical director UK
Offshore services firm Namaka Subsea has appointed Tom Marr as the company’s new technical director UK. Namaka Subsea has also recently appointed Alan Melia as operations director UK. Marr’s appointment should boost the Aberdeen-based company’s position in terms of technical ability and technical of
Remontowa Completes Nordic Giant Repairs
Remontowa Shiprepair Yard S.A. has just completed repairs of the backhoe dredger Nordic Giant. According to the company, the scope of works on this Boskalis-owned dredger consisted of hull maintenance, painting and dredger equipment repairs. Worth to mention is that Nordic Giant was built in 1999. T
MSC confirms malware attack
Mediterranean Shipping Company (MSC) has confirmed that some of its digital tools and its website were down due to a malware attack. The network outage which was affecting the company’s data centers in Geneva from Friday, April 10, was resolved yesterday. The outage was impacting the company’s digit