Business & Finance
Minesto and SEV Ink PPA for Faroe Island Tidal Installations
Minesto and Faroese electric utility company SEV have signed a power purchase agreement (PPA), advancing its collaboration to integrate tidal energy in the Faroe Island’s electricity mix. The PPA comprises both the planned installations of two 100kW systems of Minesto’s subsea kite technology and an
EDS HV Wraps Up Horns Rev 3 Consultancy Work
EDS HV Group has completed high voltage consultancy work at Vattenfall’s Horns Rev 3 offshore wind farm in Denmark.
Ciena Beefs Up EIG Subsea Cable System
The Europe India Gateway (EIG) submarine cable system has been upgraded to accelerate and strengthen connectivity between businesses in the UK, Europe, the Middle East and India. Using Ciena’s submarine network solution, the upgrade allows EIG to utilize flexible, express wavelengths, also known as
Jan De Nul Wraps Up Maputo Dredging Operations
Jan De Nul Group has just announced the completion of the maintenance dredging operations in the Port of Maputo, Mozambique. This dredging campaign restored the depths created after JDN’s 2016 capital dredging campaign. Since 2017, the Port of Maputo is open for vessels up to 80,000 tonnes. Jan De N
First Subsea Guards Neart na Gaoithe Inter-Array Cables
First Subsea, part of Aberdeen-based First Tech Group, has secured the inter-array cables protection contract from DEME at the Neart na Gaoithe offshore wind farm. The cable protection system will be designed to protect the cable during installation and during the operating lifespan of the wind farm
Tomini Shipping Registers on Norwegian OTC
UAE-based ship owner and manager Tomini Shipping has registered on the Norwegian over-the-counter (OTC) market in Oslo.
VIDEO: TSHD Ghasha Launched in Kinderdijk
The 8.000m³ trailing suction hopper dredger (TSHD) Ghasha, built for Abu Dhabi’s National Marine Dredging Company (NMDC), was successfully launched today at the headquarters of Royal IHC in Kinderdijk. ”A combination of higher maneuverability, power and new innovations makes Ghasha a new benchmark i
Hapag-Lloyd Cheers 80 Pct Higher Operating Profit in 2019
Hapag-Lloyd recorded an over 80 pct increase in earnings before interest and taxes for 2019.
Removing Damaged Coastal Defenses at West Beach
Following a series of extreme storms which have battered the coast, Havant Borough Council has fenced off an area at West Beach, Hayling Island, and will be removing one of the damaged coastal defenses. In the interests of safety, engineers from the Eastern Solent Coastal Partnership (ESCP) will car
Namaka Subsea Establishes New Division
Namaka Subsea has launched a new division, Namaka Compliance, to provide three main services namely training, compliance and competence. The first of the services will be training and that will encompass behavioral based safety such as leadership, safety awareness, and skills training such as workin
Performance Shipping Step Closer to Pure Play Aframax Company
Performance Shipping signs a memorandum of agreement (MoA) to purchase a 2007-built Aframax tanker.
Seabed Geosolutions Continues with Eidesvik Duo
Norwegian vessel owner Eidesvik Offshore has been awarded new contracts by Seabed Geosolutions for the seismic source vessel Vantage and the node-handling vessel Subsea Viking. The new contracts will start in direct continuation of the existing contracts. The duration is approximately 4 months for e
Orange, Telxius to Support Google Dunant Cable
Orange has teamed up with Telxius to collaborate in Europe and the United States on backhaul extensions for the Dunant cable, a Google project. This 6,600km-long transatlantic cable will connect the United States to the French Atlantic coast and aims to launch services in late 2020. Under this agree
Eddyfi/NDT Snaps Up Halfwave
Eddyfi/NDT has acquired Norway-based subsea inspection and pipeline inline inspection specialist Halfwave. Halfwave is the owner of the proprietary acoustic resonance technology (ART), an ultrasound-based technique which allows measurements in imperfect conditions and without the need for liquid cou