Business & Finance

SMART LNG Pens Lease Financing Deal for 4 LNG Carriers
The four vessels will be constructed at Zvezda Shipbuilding Complex.

Forum ROV for Amundsen Science Arctic Research
Forum Energy Technologies has secured an order from Amundsen Science (Université Laval, Canada) to supply a light work-class remotely operated vehicle (ROV) to support its Arctic scientific research activities. The vehicle will be installed on board the Canadian research icebreaker CCGS Amundsen and

EMO and Shell Aviation Ink Fuel Supply Deal for Eemshaven Heliport
EMS Maritime Offshore (EMO) has signed a supplier contract with Shell Aviation for the delivery of JET-A1 fuel to the Heliport Eemshaven in the Netherlands.

DSME Inks Deal with KNOT for Shuttle Tanker Duo
DSME has signed a contract with NYK Offshore Tankers AS for two shuttle tankers.

River Parrett Dredging Plans Unveiled
Plans are being drawn up to dredge the River Parrett between Northmoor and the M5, to continue to reduce local flood risks, Somerset Rivers Authority said in its latest announcement. The target date is early next year. Some matters need to be refined and assessed, but a recent short trial run was su

Delek’s Ithaca to set up infrastructure company for North Sea assets
Israel’s Delek Group has said that its subsidiary Ithaca Energy has made a deal with an investment firm to set up a new infrastructure company for Ithaca’s North Sea operations.

Mermaid Sets Up UK Subsidiary
Mermaid Maritime has incorporated an indirect wholly owned subsidiary – Mermaid Subsea Services in the United Kingdom (MSS UK) on 7 February 2020. The Singapore-listed company said it intends to utilize MSS UK as a vehicle to expand the provision of its subsea and related services into the North Sea

Mermaid Maritime targets North Sea market
Thailand’s offshore vessel operator Mermaid Maritime has incorporated a subsidiary in the UK with an intention to provide its services in the North Sea.

Readers’ Picks of the Week (February 3-7, 2020)
Here are the most read stories of the previous week.

Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (February 3-9, 2020). Two Damen Cutter Suction Dredgers Shipped to Mexico Damen Shipyards recently delivered two new dredgers to the Mexican Navy, among which is the cutter suction dredger (CSD) 650 ARM Laguna Mor

Highlights of the Week
MarineEnergy.biz has compiled the top news from marine energy industry from February 03 – February 09, 2020. https://marineenergy.biz/2020/02/05/ec-and-eif-set-up-e75m-blueinvest-fund/ https://marineenergy.biz/2020/02/04/atlantis-opens-new-office-in-japan/ https://marineenergy.biz/2020/02/07/carnegi

Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 03 – February 09). https://subseaworldnews.com/2020/02/07/saipem-nets-over-500-million-in-contracts/ https://subseaworldnews.com/2020/02/07/red-ink-for-aker-solutions/ https://subseaworldnews

Russia Gives Green Light for New LNG Transshipment Terminal
Russia approves an LNG transshipment terminal design in the Kamchatka Territory.

Aker Solutions books loss despite higher revenues
Aker Solutions sank to a quarterly loss despite a 6% increase in revenues, but the company expects an increase in global energy demand in the long-term.