Business & Finance

TSHD Yury Maslyukov Joins Rosmorport Fleet
New trailing suction hopper dredger named Yury Maslyukov, built by Karelia-based Onezhsky Shipyard under the design of Damen shipbuilding group, recently joined the FSUE Rosmorport fleet. According to the Russian company, TSHD Yury Maslyukov has arrived to the port of Kaliningrad entering the compan

BP to make major organization changes in push to reach net zero by 2050
Oil major BP has set a new ambition to become a net zero company by 2050 or sooner, and to help the world get to net zero.

DEME Taps Herrenknecht for Monopile Setup Subsea Drill
DEME Offshore and Herrenknecht have signed a deal for the fabrication of a subsea drill to be deployed at the Saint-Nazaire offshore wind farm in France. This is the first wind farm in the world to use drilled XL-monopile foundations. In 2019, a consortium including DEME Offshore and Eiffage Métal w

Grindrod Shipping Ups Stake in IVS Bulk JV, Sells Tanker
Grindrod Shipping Holdings is to acquire an additional stake in IVS Bulk joint venture and sell a tanker.

Subsea Industry Backs Iqarus-Led Research
Ten subsea companies have pledged £65,000 towards a medical research project which aims to determine the best procedure for resuscitation of divers in a diving bell. Led by Philip Bryson, medical director of diving services of Iqarus, the joint industry project (JIP) will find out how resuscitation

Pearson Takes Helm at National Subsea Centre
Robert Gordon University Aberdeen has appointed Chris Pearson as director for the National Subsea Centre (NSC), who will lead the centre’s drive to tackle current and future challenges in subsea engineering with world-class research and development. Chris will take up the new post immediately and wi

Euronav Buys VLCC Resale Trio
Euronav NV is to acquire via resale three very large crude carrier (VLCC) newbuilds.

PD Ports Welcomes UK Government’s Freeports Consultation
UK’s port operator PD Ports has welcomed the UK government’s move to launch a public consultation on freeports.

Arctic Rays Rolls Out Dragonfish II
Arctic Rays has released the Dragonfish II, a dual-channel, high quality LED torch light for professional HOW/ROV/AUV imaging applications. The high-output, 30,000 delivered lumens, continuous output Dragonfish II features dual-channel, independently dimmable LED arrays allowing for white or color b

Diana Secures Work for Newcastlemax
Greek shipowner Diana Shipping has entered into a time charter for the m/v Philadelphia.

Teledyne CARIS Unveils AI Tool for Sonar Noise Cleanup
Teledyne CARIS has released HIPS and SIPS 11.3 new software upgrade that will introduce the first-ever COTS (commercial-off-the-shelf) release of an AI solution for classifying and cleaning sonar noise. Teledyne CARIS seeks to reduce the need for manual cleaning and to move data swiftly from acquisi

CMA CGM Teams Up with Energy Observer to Promote Hydrogen as Fuel
CMA CGM said it would contribute its industrial expertise to the floating lab.

Hapag-Lloyd, HHLA Forge Ties
Hapag-Lloyd AG, HHLA to continue their close cooperation in Hamburg for another five years.

Meyer Turku Starts Hull Assembly of LNG-Fueled Costa Toscana
Meyer Turku shipyard has launched the hull assembly of Costa Toscana.