Business & Finance
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. Currently under construction for CEMEX at Damen Shipyards Galati (DSGa) in Romania, the delivery of this 3.500m³ aggregate dredger type MAD3500 is sched
The Concept of the Twin Dyke
The concept of the Twin Dyke in northern Netherlands is almost ready to prove itself, informs the Dutch Water Sector. Along the Wadden Sea, a 2.5 km long double levee section has been constructed. The area between the levees is now being designed with controlled sea water inflow for the farming of s
WindEurope: Investments in new offshore wind projects slide in 2019
€ 6.1 billion was invested in four European offshore wind projects with a combined capacity of around 1.4 GW in 2019, marking the lowest amount invested and the capacity financed in a year since 2012, according to a report by WindEurope. The four wind farms that reached the Final Investment Decision
Cold-stack ahead for EMGS vessel as BP cancels African survey
Norwegian seismic services company EMGS has noted an extremely low vessel utilization for the first quarter of 2020 due to project cancelations, which ensued following the recent oil price drop and the coronavirus pandemic. As a result, one of EMGS’ vessels is up for a cold-stack.
Ithaca Energy halves capital expenditure for 2020
Oil and gas company Ithaca Energy has more than halved its capital expenditures for the year due to the double threat posed by the coronavirus pandemic and the sharp oil price drop.
Ørsted and HBC Group continue subsea inspection collaboration
Ørsted has awarded HBC Group with another contract to conduct subsea inspection campaigns at its offshore wind farms. HBC Group will this year carry out the inspection campaigns at 10 of Ørsted’s offshore wind farms located on the UK East and West Coast and in the German North Sea. The company will
PHOTO: DEME’s TSHDs Breydel and Scheldt River in Italy
DEME Group’s trailing suction hopper dredgers (TSHDs) Breydel and Scheldt River worked side by side recently to complete the first phase of the deepening works in the Port of Salerno in Italy. “This is a remarkable achievement considering the extremely difficult COVID-19 conditions of the past weeks
African Energy Chamber urges OPEC and OPEC+ to end oil price war
The African Energy Chamber, a chamber of networks, transactions, and partnerships at the helm of Africa’s growing energy industries, has urged OPEC and OPEC+ to reach a deal on ending the oil price war which has sent the oil price tumbling to historic low levels.
UK launches offshore wind inquiry
The UK Environmental Audit Committee has launched the Technological Innovation and Climate Change inquiry, with first focus on offshore wind power. Following the Government’s Offshore Wind Sector Deal in March 2019, the Committee will consider the opportunities that will maximize the industry’s pote
Buncrana Dredging Kicks Off
The annual spring shore based dredging operation at Buncrana Pier will take place between Monday, April 6, and Saturday, April 11, Donegal County Council informs. “This is to coincide with the equinoctial spring tides which is the lowest tide level of the year and is the best time for the work to ta
Fugro to Cut Staff, Implements Hiring and Salary Freeze
Fugro is carrying out cost reduction measures to reduce the impact of the COVID-19 pandemic and the low oil price environment, including minimising the hire of short-term charters, implementing a hiring and salary freeze and workforce reduction. The company has also withdrawn its guidance for 2020,
NIB Finances Klaipeda Port Expansion Project
Nordic Investment Bank (NIB) and the Klaipeda State Seaport Authority (KSSA) have signed a 19-year credit facility agreement for infrastructure investments in Lithuania’s largest port. According to their official announcement, NIB’s credit facility of EUR 68 million will finance the reconstruction o
Poland to Complete Construction of CSD Willem van Rubroeck
Jan De Nul Group’s biggest self-propelled cutter suction dredger was successfully loaded on board a semi-submersible transport vessel last week in Croatia, sending her to Poland for further completion of the construction works. “The semi-submersible vessel successfully loaded our Willem van Rubroeck
Dredging for Sustainable Infrastructure Course in Nootdorp
For professionals involved in dredging-related activities for water infrastructure development, CEDA and IADC will host the Dredging for Sustainable Infrastructure Course on December 1 & 2 in Hotel Van der Valk Den Haag in Nootdorp, near to Den Haag, the Netherlands. The course is based on the assoc