Business & Finance

Eidesvik secures more work for Viking Lady vessel
Eidesvik Offshore has been awarded a contract for its Viking Lady platform supply vessel.

DOF wins contracts for three platform suppliers
Norwegian supply shipping company DOF has been awarded new work for three of its platform supply vessels.

MHWirth to create new engineering services company
MHWirth, an Akastor-owned provider of drilling solutions and services, has decided to create a new company from one of its subsidiaries.

Supergen ORE Hub Kicks Off 2nd Round of Flexible Funding
The Supergen Offshore Renewable Energy (ORE) Hub has launched its tidal energyfassasafsafto advance research into the opportunities and challenges of offshore wind, wave and tidal energy. This second round of Flexible Funding will award a total of up to £1.2 million to researchers at UK Higher Educa

Equinor suspends helicopter flights while waiting on coronavirus results
Equinor has suspended helicopter flights to several offshore installations due to suspected coronavirus case, but the test results are still not in.

PHOTO: TSHD Charlock in Farmsum
Van den Herik’s trailing suction hopper dredger (TSHD) Charlock is back at the Niestern Sander shipyard, in Farmsum, the Netherlands. This week only some priority works will be executed at the dock location, after which the dredger will leaver for a project in France. “Later on this year, we expect

Klaipėdos Nafta Secures Financing for FSRU Purchase
The Nordic Investment Bank and AB Klaipėdos Nafta ink a 25-year loan agreement to finance FSRU.

DCSA Rolls Out Cyber Security Guide for Carriers
The Digital Container Shipping Association published a cyber security implementation guide.

New Vessel Handed Over to the Azovo-Chernomorsky Basin Branch
One of the latest additions to the FSUE Rosmorport fleet – the self-propelled hopper barge of project HB 900 named Rabochaya has been handed over to the company’s Azovo-Chernomorsky Basin Branch (ACBB). According to the company, the hopper barge was used earlier by the North-Western Basin Branch. Th

Brittany Ferries, ESIF Wrap Up Acquisition of Condor Ferries
Brittany Ferries and ESIF have finalized the acquisition of ferry operator Condor Ferries.

CEVA Takeover Affects CMA CGM’s Bottom Line
CMA CGM ended 2019 with significantly increased revenues due to the CEVA takeover but also a high net loss.

MacArtney Adds Two Team Members
MacArtney has appointed Bjørn Joensen and Erik J. Aalbæk to strengthen the Offshore Renewable Energy department in Esbjerg, Denmark. Esbjerg local, Bjørn Joensen joins the MacArtney Group as sales director for Offshore Wind from the SH Group where he worked as the general manager to develop the over

Awilco firms up rig deal with Petrofac
Awilco has signed a contract with Petrofac for the provision of WilPhoenix rig in support of a three-well plug & abandonment program.

HR Wallingford Dredging Management Course in March
HR Wallingford has announced that their dredging management course is set to take place on 25-26 March in Howbery Park, Wallingford, UK. This course provides an introduction to the subject of dredging and will assist those who are responsible for commissioning and managing dredging contractors and t