Business & Finance
Boskalis Full Year Result Boosted by Good Second Half Year
Royal Boskalis Westminster N.V. ended 2019 well after a difficult first half of the year with EBITDA of EUR 376 million, slightly above its own expectations, the company said in their today’s release. According to Boskalis, net profit came in at EUR 75 million (2018: EUR 436 million loss) and revenu
Anse du Portier Monaco February Time Lapse VIDEO
2019 will remain in the Principality’s collective memory as the year in which the new extension of Monegasque territory took visual form: since its launch in 2017, the project has progressed on schedule and, in mid-December 2019, six hectares of land was completed. 2020 has opened a new chapter in t
DNV GL Awards Industry’s 1st Ship Cybersecurity Verification
ABB’s solutions on board a large passenger ship have been awarded cybersecurity verification from DNV GL.
Framo gets offshore maintenance job for all five Aker BP fields
Aker BP and Framo have entered into a long-term contract for seawater lift pumps where compensation is directly linked to facility uptime.
DNV GL Getting New CFO
DNV GL has appointed Kjetil M. Ebbesberg as new Group CFO to succeed Thomas Vogth-Eriksen, who will become director, Certification Division in DNV GL – Business Assurance. Ebbesberg will join DNV GL on 1 April 2020 and take up the Group CFO position as of 1 July 2020. Ebbesberg comes from the positi
BP awards Caspian Sea job to Worley
Azerbaijan International Operating Co. (AIOC), a BP-operated company, has awarded Worley a contract for engineering, procurement and construction services as part of a gas lift project in the Caspian Sea.
Tokio Marine Adds GCube
Tokio Marine has signed a purchase agreement to acquire renewable energy risks specialist GCube. GCube is one of the world’s largest underwriters of renewable energy, covering wind, solar, bio, hydro, wave and tidal projects globally. The business writes global property and liability cover for renew
Van Oord Opts for Marlink VSAT Connectivity in Indian Waters
Van Oord has selected Marlink’s high throughput VSAT for connectivity in Indian territorial waters, through an agreement with India’s licensed Inflight Maritime Connectivity (IFMC) service partner, Nelco Ltd. The contract for Marlink’s SeaLink VSAT service was signed after the successful conclusion
Seahouses Main Pier Restored
Work is complete on the restoration of the main pier in Seahouses after a multi-million pound improvement project, informs the Northumberland County Council. The £3m scheme, which was led by the Council and fully funded by the Environment Agency, involved the whole pier being “re-skinned” to ensure
TechWorks Marine Starts New ESA Contract
TechWorks Marine and ESA’s Phi-Lab have joined together to develop an innovative coastal monitoring solution – CoastEO. CoastEO will provide a seamless data collection method and information platform which facilitates easy access to in-situ coastal water measurements and associated validated EO info
World Ports Conference 2020 Canceled due to COVID-19 Fears
IAPH has canceled the 2020 World Ports Conference, which was due to be held from March 17 to 19 in Antwerp, Belgium.
TSHD Ghasha Launching Ceremony VIDEO
The 8.000m³ trailing suction hopper dredger (TSHD) Ghasha, built for Abu Dhabi’s National Marine Dredging Company (NMDC), was successfully launched on February 19, 2020, at the headquarters of Royal IHC in Kinderdijk. The new TSHD has a number of innovations, including an enlarged hopper capacity an
Prysmian Cables for French Grid Connection
Italian cables giant Prysmian has secured a contract from the French transmission system operator RTE for two subsea and land export power cables to connect the offshore wind farm between the islands of Yeu and Noirmoutier to the French grid. The grid connection project will be able to export 500 MW
PSA Issues Safety Rules for NCS CO₂ Transport and Injection
The Petroleum Safety Authority Norway (PSA) has now issued regulations covering safety and the working environment when transporting and injecting CO₂ on the Norwegian continental shelf (NCS). Areas of application for these regulations will include the government’s full-scale demonstration project f