Business & Finance

Damen Completes TSHD Arco Dijk Maintenance Work
The trailing suction hopper dredger (TSHD) Arco Dijk of Hanson Aggregate Marine has completed its maintenance stop-over at Damen Shiprepair Amsterdam. “Whilst the vessel was in dock we performed a big range of maintenance works of which an extensive tail shaft overhaul, various dredge pipe renewal a

Keel Laid for Russia’s 1st LNG-Fueled Passenger Ship
A keel-laying ceremony has been held for Chaika LNG, the first passenger ship in Russia to be powered by LNG.

New IHC Beaver Vigilance Kicks Off Dredging Work
The Port Authority of Douala’s (PAD) new IHC Beaver 50 cutter suction dredger (CSD) officially started its operations on February 26, 2020. The PAD’s Department of Dredging and Maritime Logistics teams have successfully completed the testing process and dredging works already kicked off in the berth

Dredging Contracts in the Spotlight at IAPH World Port Event
This year, dredging takes the spotlight with a special business innovation panel, at the IAPH World Ports Conference in Antwerp, Belgium, 17-19 March 2020. According to the Central Dredging Association (CEDA), the session ‘Dredging Strategy: Best Practices in Tendering Cost Management and Relationsh

Wartsila-Led Consortium to Raise Fuel Efficiency in EU-Funded Project
A Wärtsilä-led consortium gets EU funding for a project aimed at reducing ships’ fuel consumption.

Nexans to supply subsea cables for Marjan expansion project
Nexans has been awarded a purchase order to supply cables for the offshore Marjan increment development mega-project on the eastern coast of the Arabian Gulf.

Damen to Revamp SGU’s Survey Vessel
Damen Oskarshamnsvarvet in Sweden has won a contract to undertake a major life extension programme on the survey and research vessel S/V Ocean Surveyor, owned by SGU, Sweden’s national geological survey agency. The vessel will undergo the life-time extension over the course of 12 months. It will inc

SeaBird picks up extension for Petrel Explorer seismic vessel
SeaBird Exploration has received a notice of extension for the Petrel Explorer seismic vessel charter.

Spirit Energy gets rid of two Danish assets
Spirit Energy has signed an agreement to divest two non-core Danish assets to Ineos.

Shell extends North Sea contract for Prosafe flotel
Prosafe and oil major Shell have agreed a contract extension for one of Prosafe’s units for operations in the UK North Sea.

Total taps Shearwater for seismic survey in Black Sea
Shearwater GeoServices has been awarded a large towed streamer 3D acquisition and Fast Track processing project in the Black Sea by Total E&P Bulgaria.

Dutch Organizing Baltic Sea Offshore Wind Mission
The Netherlands Enterprise Agency (RVO.nl) is organizing an economic mission for offshore wind to Poland and Lithuania. The economic mission will take place in Szczecin, Poland, and Vilnius, Lithuania, from 20 to 24 April. According to RVO.nl, opportunities for the offshore wind sector in the Baltic

Diana Selling Capesize Oldie at Lower Price
Diana Shipping said it had signed a new Memorandum of Agreement to sell Norfolk.

Management Changes at Atlantis
Atlantis said that Andrew Dagley has stepped down as chief finance officer (CFO). Dagley will remain an executive director on the board of Atlantis and will lead the financing of the Uskmouth waste to energy conversion project. Stephen Hutt, who joined Atlantis as part of the acquisition of Green Hi