Business & Finance

Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (January 27 – February 2, 2020). TSHD Anchorage Launched in Harlingen Thecla Bodewes Shipyards launched the 3000m³ trailing suction hopper dredger (TSHD) Anchorage in Harlingen last Friday. Man Killed During Top

Readers’ Picks of the Week (27-31 Jan, 2020)
Here are the most read stories of the past week.

Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (January 27 – February 02). https://subseaworldnews.com/2020/01/27/star-of-the-south-survey-to-start-in-february/ https://subseaworldnews.com/2020/01/27/damen-rolls-out-new-osv-concept/ https://subseaw

ProCon Wind and CPower Team Up ahead of Brexit
Denmark’s ProCon Wind Energy and the UK-based CPower Energy have entered into a joint venture partnership agreement to jointly deal with the effects of the UK’s formal exit from the European Union on 31 January. Through the joint venture agreement, the two companies plan to ”overcome any potential c

Myklebust Wins New Sølvtrans Contract
The Myklebust shipyard in Gursken has signed its fourth wellboat contract with Sølvtrans Rederi in Ålesund. The vessel is based on Kongsberg NVC 389, the design being used for one vessel already under construction at Myklebust for Sølvtrans. The new hull will be built at the Turkish shipyard Hat-San

PHOTO: Constructing New Marine Aggregate Dredger for Hanson
Damen Shipyards Galati today released these beautiful photos of new Marine Aggregate Dredger (MAD) 3500, currently under construction at their shipyard in Romania. A keel laying ceremony for this dredger, being built for Hanson Aggregates Marine, took place in October 2019. The ceremony of this vess

Maersk Boxship Suffers Engine Failure in Gibraltar Strait
A containership owned by Maersk experienced main engine damage in the Gibraltar Strait.

Ullman: The Tanker Boom Is Now With Us
The long-awaited recovery of the tanker market finally materialized at the end of 2019.

Fugro Gets $40M from Global Marine Group Sale
Fugro is set to cash in close to USD 40 million from the sale of Global Marine Group (GMG) through its ownership of 23.6% in GMG. As reported earlier, a subsidiary of Global Marine Holdings, in which Fugro holds a 23.6% equity interest, has entered into a definitive agreement to sell 100% of GMG, ex

Portsmouth Dredging Starts in Early February
Surveying and maintenance dredging of the HMNB Portsmouth is set to begin in early February, informs the Queen’s Harbor Master Portsmouth. According to the notice, dredging will be conducted in the maintained areas within Portsmouth Harbor and its approach channels from 9 to 20 February 2020. The co

MacArtney Supports INFN Project in Mediterranean Sea
MacArtney said it will soon supply and test several underwater connectors for INFN – the National Institute for Nuclear Physics. INFN for the IDMAR Research Infrastructure in Sicily supports, among others, the KM3NeT (Cubic Kilometre Neutrino Telescope) infrastructure in the Mediterranean Sea. MacAr

Fugro to earn $40 million from Global Marine Group stake sale
Dutch geotechnical services provider Fugro expects to earn around $40 million from the sale of HC2 Holdings’ subsidiary Global Marine Group (GMG).

ONE: Vessels Maintaining Normal Port Calls in Greater China
ONE: Container operations in Greater China continue to operate as usual.

Costa Smeralda Passengers Allowed to Disembark after Coronavirus Scare
The Italian authorities banned anyone from disembarking the ship until medical tests were conducted.