Business & Finance

Karlshamn Expansion Plan Includes Dredging
The Port of Karlshamn in southeast Sweden has received a clearance from the Environmental Court to launch a new expansion project, the port announced today. The development program will include a completely new RoRo berth with adjustable ramp for 230 meter long ferries, widening of RoRo berth no. 2

Euronav Buying 4th Scrubber-Fitted VLCC Newbuild
Euronav has entered into an agreement for the acquisition of one VLCC newbuilding contract through a resale.

UECC, GoodFuels to Test Biofuel on RoRo Vessel
The trial marks the world’s first use of marine biofuel in the RoRo segment.

Chemical Tanker Minerva Virgo Attacked off Benin
Chemical tanker MT Minerva Virgo was boarded by a group of pirates.

Oceanology International London 2020 Put Off Until December
Following the rapid increase of Coronavirus in Europe, ocean technology marine science exhibition and conference, Oceanology International London 2020, has been postponed for 1-3 December 2020, Reed Exhibitions said. The even was originally scheduled for March 17-19, 2020. Jonathan Heastie, portfoli

Tendeka to be in charge of sand-face completion scope on Aker BP fields
Tendeka has received a letter of intent for a substantial multi-million-pound scope to supply sand-face completion equipment to Aker BP’s Norwegian assets.

Man Dies after Fall From Color Magic Cruiseferry
A cruiseferry passenger has died after falling overboard Color Magic off the Swedish coast.

Sentinel Marine secures North Sea work for ERRVs
Sentinel Marine has won a package contract awards and extensions to operate its fleet of ERRVs in the North Sea worth a total of £36 million ($46m).

Norden Reports Its Best Quarterly Result in 5 Years
Danish shipping company Norden wrapped up 2019 with profit.

Boskalis Releases 2019 Annual Report and Sustainability Report
Royal Boskalis Westminster N.V. has published both its Annual Report 2019, which includes the new corporate business plan 2020-2022, and their Sustainability Report 2019. The new business plan is also discussed in this online interview with Peter Berdowski, CEO Boskalis. The corporate business plan

Wartsila Divides Marine Business into 3 Units
Wärtsilä to reorganize its marine business into three independent businesses.

Solstad picks up CSV extension from Fugro
Norwegian vessel owner Solstad Offshore has won a contract from Fugro for one of its construction support vessels.

Mayflower Autonomous Ship’s AI Captain Takes to Sea
Mayflower Autonomous Ship’s AI Captain is to go to sea this month for testing.

OrbisEnergy Welcomes New Team Member
OrbisEnergy, the centre for offshore renewable and clean energy businesses, has welcomed a new addition to the team. Ian Pease started employment in the role of business development manager – All Energy, employed by Suffolk County Council and based at OrbisEnergy, Lowestoft. Ian’s role is to drive f