Business & Finance

Cruise Shipbuilding Boosts Fincantieri’s Revenues
Fincantieri closed 2019 with record revenues driven by a significant increase in cruise ship production volumes.

Siport21 Assesses Tarragona Nautical Feasibility
The port-maritime engineering company Siport21 has assessed the nautical feasibility of the Baleares dock of the Port of Tarragona, Spain. This study will allow the access of large cruise vessels – phase I – and large bulk carriers, in phase II of the construction. The aim of the project was to anal

Virtual Surveyor VIDEO Sand Pit Dredging Operations
Virtual Surveyor has just released this amazing video, showing how to use drone surveying to support sand pit dredging operations. Sand pits are often wet and certainly dynamic environments. Frequent monitoring is a must, and drone surveying is the right tool for that job. Drone surveying provides a

Tideway Dredging Deptford Creek
Huge excavators positioned on jack-up barges on Deptford Creek have been dredging the riverbed to prepare for tunnelling in Greenwich, reports the Tideway – the company delivering the Thames Tideway Tunnel. The operation is a key part of Tideway’s work in south-east London to clean up the River Tham

World’s Largest Containership to Start Sailing at the End of April
The delivery of 24,000 TEU containerships to HMM will not be delayed.

Salary, headcount, and capex reductions ahead as Wood braces for lower activity levels
Wood has decided to implement salary, headcount, and capex reductions as a response to the volatile market conditions. Wood will also be withdrawing its final dividend recommendation.

Total charters Havila platform supplier in UK
Havila Shipping has agreed another contract with Total in the UK for the platform supply vessel Havila Commander.

DHT Holdings Inks Charters for 6 VLCCs
DHT Holdings has secured time charters for six of its very large crude carriers (VLCCs).

SSEN Wraps Up Jura – Mainland Cable Works
Scottish and Southern Electricity Networks (SSEN) has replaced the submarine electricity cable connecting the Isle of Jura to Tayvallich in Argyll, following a cable fault in November. SSEN connected the new cable to the main electricity network on Tuesday 31 March, returning the network to normal o

TechnipFMC responds to market challenges with plans to cut capex by 30 pct
Oilfield services company TechnipFMC is taking a set of actions in response to the current market environment, including a 30% reduction in capex.

Update: CMA CGM Marco Polo Crew Member Tests Negative for Coronavirus
The crew member on board the giant containership CMA CGM Marco Polo tested negative for the coronavirus.

TSHD Vox Amalia Busy in Den Helder
15 months after the trailing suction hopper dredger (TSHD) Vox Amalia was christened by the Dutch Queen Maxima, the vessel started its first job. This brand new hopper dredger is reinforcing the coastline by Den Helder, The Netherlands. The Vox Amalia has a length of 158 meters, a width of 36 meters

Supergen ORE extends flexible funding call deadline
The Supergen Offshore Renewable Energy (ORE) Hub has extended the deadline for expressions of interest for its second Flexible Funding call. Launched in March this year, the Supergen ORE second round of Flexible Funding aims to advance research into the opportunities and challenges of offshore wind,

AqualisBraemar opens new office to support rig inspection services
Engineering services company AqualisBraemar has set up a new office in the Port of Tyne to support its developing rig inspection services and to be closer to its clients in the northeast of England.