Business & Finance
Thailand to Use Royal IHC Beaver Dredgers
Royal IHC recently completed simulator training for the dredging crew of the Irrigation Department of the Government of Thailand. This training program was held following the sale of two IHC Beaver 40 vessels. According to IHC, the crew members of both dredgers were able to improve their operational
Historic OPEC+ deal to slash output ends oil price war
After four days of negotiations OPEC, Russia, and allies have agreed on record production cuts to save the oil industry amid a major industry crisis exacerbated by the coronavirus pandemic.
Queen Pool Dredging Postponed
The massive civil engineering project, which will see more than 300,000 cubic meters of silt removed from the iconic Queen Pool lake, was originally due to take place this month. “However, due to the current restrictions in place due to COVID-19 and the significant global disruption, the project has
VIDEO: Model Complex Sediment Transport Processes and Shoreline Morphology
MIKE by DHI Software has just released this interesting video named ‘Model complex sediment transport processes and shoreline morphology’. The erosion and deposition of sand creates challenges for those tasked with beach development and conservation, maintaining harbor depths and controlling sedimen
New member joins Archer Knight’s team
Archer Knight has added diving industry safety expert, Derek Beddows, to its team. Beddows was BP’s global diving technical authority. Archer Knight executive director David Sheret said: “Quite simply, Derek is a world authority on his specialist discipline. He provides a broad range of technical se
Keeping Azov-Don Navigable
The scope of dredging planned for the Azov-Don Basin of Russia’s inland waterways is to reach 1,349,880 cbm of material in 2020, Sergey Gaidayev, the head of Azov-Don Basin Administration said at the latest meeting of Rostov Region Government’s Marine Board. According to Gaidayev, the dredging works
Pacific Drilling’s NYSE listing at risk from suspension
Pacific Drilling has received notice from the New York Stock Exchange (NYSE) stating that the company does not currently satisfy the minimum share price standard for continued listing of the company’s common shares.
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (April 6-12, 2020). CEMEX Go Innovation Almost Ready for Delivery The first of Damen’s new Marine Aggregate Dredgers, a 103.5 meter long CEMEX Go Innovation is almost ready for delivery to her new owner in the UK.
PGE to ditch projects outside core business, offshore wind safe
PGE will close projects with unsatisfactory rate and those not directly related to its core business.
Oil Free Deep Sea Motor by Royal IHC
With the use of permanent magnets and high-tech bearings, Royal IHC has created the Deep Sea Special Motor – an environmental friendly submerged electric motor for the deep sea mining and oil & gas industries. “One of its unique features is that it is 100% oil free. Seawater can run through the moto
Oil price war and coronavirus bite into Noble’s rig contracts
The oil price war and the coronavirus pandemic are already taking their toll on the oil and gas services market, with offshore drilling contractors among the most affected segments. One of the major drillers, Noble Corporation, has seen its contracts shortened, rigs stacked and put on standby, and d
Tender Released for Southampton Dredging Works
Associated British Ports Ltd (ABP) has released a tender to the market for dredging and pumping works in Southampton, UK. The notice, published in the Tenders Electronic Daily (TED), said that ABP Southampton is seeking a supplier that will carry out deepening and widening of existing berth pockets
American Shipping Company closes $305 Mn refinancing for nine ships
Despite COVID-19 challenges, AMSC has closed a $305 million refinancing covering nine vessels.
Express Engineering rewarded for business growth and success
Express Engineering has seen its growth and product development success recognised by the UK’s venture capital sector. The Gateshead firm won the Mid-Market Management award at the British Private Equity & Venture Capital Association’s (BVCA) Management Team Awards, recognising the leadership team’s