Business & Finance
OPIN to Hold Its Second Annual Symposium in Nantes
Ocean Power Innovation Network (OPIN) will be holding its second Annual Symposium in Nantes on June 11, 2020. The OPIN Annual Symposium will provide an update on OPIN’s goals and the different supports available, a brainstorming session on potential working groups to be funded by OPIN, and a network
Global Offshore Beefs up Normand Clipper
Global Offshore, part of Global Marine Group, is currently customising the construction support vessel (CSV) Normand Clipper. The vessel, on long-term charter from Solstad Offshore, will be operational within the first quarter of this year. The Normand Clipper is being fitted with a 4,000 tonne cabl
StealthGas Forms New JV to Boost Presence in MGC Segment
StealthGas is to form a new joint venture that would acquire three secondhand midsize gas carriers (MGCs).
Contship Italia’s Terminal Operations Unaffected by Coronavirus Outbreak in Italy
Contship Italia Group announced that its terminal operations are not affected by the rise in coronavirus cases in Italy.
MSC’s 23,000+ TEU Class Ships First to Get DNV GL FCS Notation
DNV GL awards a new class notation to Mediterranean Shipping Company to mitigate fire risks on containerships.
Chartwell Launches Scanwell Shallow Draft Survey Vessel
Chartwell Marine, a pioneer in next-generation vessel design, has announced the launch of their Scanwell shallow draft survey vessel. The Scanwell range is available in multiple hull sizes – 10m, 12m, 15m and 19m – enabling use in a wide variety of applications, such as offshore energy, port infrast
Euronav Sells One of Its Oldest Suezmaxes
Euronav NV has decided to dispose of one of its oldest Suezmax vessels, the 2003-built Finesse.
Reach Subsea Sinks Deeper in Red
Norwegian contractor Reach Subsea has widened its quarterly loss as utilization of assets fell against prior-year comparable period. For the fourth quarter 2019, Reach booked loss of close to NOK 25 million on revenues of NOK 107 million, versus loss of NOK 6 million, on revenues of NOK 190 million
Helix Swings to Quarterly Profit; Hikes Full-Year Result
Helix Energy Solutions has reported net income of $7.9 million, or 5 cents per diluted share, for the fourth quarter of 2019 compared to $13.7 million loss or 9 cents for the same period in 2018. Sequentially, profit fell from $31.6 million of 21 cents per diluted share. Fourth quarter revenues were
South Hayling Beach Recycling Campaign Underway
After successfully securing funding from the Environment Agency, Havant Borough Council is carrying out the next beach recycling campaign along the Eastoke frontage. The aim of this campaign is to reinstate the beach to the 1:200 year design standard of protection, reducing the risk of coastal flood
Lithuania Starts Prepping Offshore Wind Recommendations
Lithuania’s Offshore Wind Power Development Task Force has started preparing recommendations for the development of offshore wind in the Baltic Sea.
MMT Welcomes New HSEQ Manager
MMT, a services provider for the the oil & gas, renewable energy and interconnector industries, has appointed Malin Abenius as HSEQ manager of the company. Malin will start in the new role on March 16, the company informed through social media. Malin Abenius said: “I am delighted to join the positio
SubSea Networks Backs NO-UK Cable Project
SubSea Networks and NO-UK announced today that the supply contract for the NO-UK Submarine Cable System linking Norway and England has come into force. The NO-UK system is now under construction, with a ready for service date at the end of 2021. The cable will provide eight high capacity fibre pairs
Fincantieri, Marakeb Team Up on Unmanned Technology
Fincantieri, Marakeb start collaboration in the field of autonomous technology.