Business & Finance

WavEC Temporarily Closes Office Due to COVID-19
WavEC Offshore Renewables has temporarily closed its office given the current COVID-19 pandemic situation. Following the official recommendations and the World Health Organization, WavEC has implemented a plan of measures and best practices, which includes remote work for employees. “We believe that

Jersey on track to deliver Greater Buchan Area concept despite coronavirus
UK-based oil and gas company Jersey Oil & Gas (JOG) is still on track to deliver the Greater Buchan Area development concept regardless of the coronavirus outbreak.

Bender UK Names New O&G Technical Sales Manager
Bender UK has appointed Robbie Mewton as technical sales manager. He joined the business in 2016 as an applications engineer, working with customers to support the end-use application of Bender industrial products. Since January 2020, Mewton who is a certified offshore engineer, has progressed into

MSC Investigating How HSFO Was Left on Board MSC Joanna, Since Its EGCS Installation Was Delayed
MSC is looking into the matters that led to the carriage of HSFO on board of one its containerships.

KenzFigee Sets Up UK Base
Dutch offshore lifting equipment provider KenzFigee has now a market position in the UK with the opening of a branch office. KenzFigee UK will provide clients in the UK sector with access to the expertise, capabilities and support services direct from their hub in Aberdeen, Scotland. The company has

KenzFigee expands with new UK subsidiary
Dutch offshore lifting equipment specialist KenzFigee has expanded its services to the UK with the creation of a new unit.

Team Tankers in Fleet Management Deals with Maersk Tankers, V.Group
Team Tankers enters into commercial management deals with Maersk Tankers, V.Group.

EMEC Adjusts to COVID-19 Situation
The European Marine Energy Centre (EMEC) has said that due to the global COVID-19 (coronavirus) pandemic, as of today, 17 March 2020, the Orkney Renewable and Innovation Campus (ORIC) will restrict public access to the Robert Rendall and Charles Clouston buildings. All planned visits to EMEC have be

Life Extension Project of TSHD Heortnesse at A&P Tees
The teams at A&P Tees are continuing to work on the second phase of the life extension project for the trailing suction hopper dredger (TSHD) Heortnesse. The new consoles have now been fitted on the Bridge and cables are being run ahead of the new equipment arriving on board and being installed. The

AISSOT Ends Charters for 6 VLCCs with Capital Ship Management
AISSOT has terminated the bareboat charters for six vessels owned by Capital Ship Management.

Stolt-Nielsen Cancels Dividend for 2019 amid COVID-19 Uncertainties
Stolt-Nielsen BoD voted to withdraw the recommendation of a final dividend for 2019.

Express Engineering Builds New Facility in Gateshead
Express Engineering has started construction work on a new engineering assembly and test centre in Gateshead. The £3.5m investment in a 48,000 sq. ft purpose-built centre will enable Express Engineering, a provider of manufacturing, assembly and testing solutions for the subsea oil and gas industry,

Damen Steering and Rudder Systems for Van Oord’s TSHDs
Damen Marine Components has won an order for three sets of steering and rudder systems for three dual-fueled trailing suction hopper dredgers (TSHDs) currently being built at Keppel Offshore & Marine’s shipyard in Singapore for Van Oord. The vessels will be 138-meters in length and have a hopper cap

Navigator Holdings, Partners Form Gas Carrier Pool
Navigator Holdings, Pacific Gas and Greater Bay Gas have formed a new shipping pool, the Luna Pool.