Business & Finance
Quackstrand Beachfill Kicks Off
The beach nourishment operations for the Quackstrand beach at the Haringvliet near Hellevoetsluis officially started last week. Mr. Robert van der Kooi, chairman of the Voorne-Putten recreation board, together with partners Hellevoetsluis municipality, Southwest Netherlands sport fishery, Netherland
Telenor Maritime Connects to Havfrue Subsea Cable at NJFX
Telenor Maritime has expanded its US presence at the NJFX cable landing station campus. The Norwegian mobile operator at sea is establishing a direct connection to Norway via the 7200km Havfrue subsea cable system, which traverses the North Atlantic and connects the U.S. at NJFX to mainland Northern
Trinidad and Tobago Dredging Project Nears Completion
Baggerbedrijf de Boer – Dutch Dredging BV is about to complete dredging works at the Queens Wharf and Caricom Wharves, Port of Spain, and ancillary works for the Government Shipping Service (GSS) of Trinidad and Tobago. According to the Dutch company, the dredging at the Queens Wharf in Port of Spai
Costamare Modernizes Fleet, Enjoys Higher Rates
Costamare buying larger and younger ships.
Van Oord Joins Estonian Offshore Wind Project
Van Oord and Saare Wind Energy have entered into an agreement to jointly develop the Saaremaa offshore wind project in Estonia.
Global Ports Holding’s JV Acquires Remaining Stake in Malaga Cruise Port
A JV of Global Ports Holding completes the purchase of a minority stake in the Malaga Cruise Port.
Teekay Tankers Seals USD 533 Mn Loan, Sells Assets
Teekay Tankers has closed a new five-year, USD 533 million revolving credit facility to refinance 31 vessels.
Maritime Firms Team Up with Tech Startups to Drive Innovation
Rainmaking matched five maritime giants with eight startups to accelerate innovation.
3A Submarine Cable to Link Europe – Asia – Africa – Australia
SBSCL is deploying “3A”, high capacity, LOOP system 3rd generation submarine cable between Bilbao, Spain to Hong Kong. It contains four high capacity branch and nth number of local branches. Ownership structure of the cable is joint venture of Business Lab Ltd. SPARKbANGLA Technologies Ltd and Elham
Aquaterra and Oceaneering join forces in decommissioning
Aquaterra Energy has signed a memorandum of understanding (MoU) with Oceaneering to offer complete decommissioning and late life solution packages to the North Sea oil and gas industry.
Construction Progresses on the East Dike Project in China
The construction of the East Dike on the Dapeng Peninsula near Shenzhen in China is progressing rapidly, reports KACP. In its latest update on the project KCAP said that in order to ensure protection against storm surges in the near future, hard work has been done on site on the realization of the p
Damen DOP250 Working in France
Offshore Brittany, France, an intricate cleaning job has been performed in the channel with the help of the Damen DOP250 dredge pump. The vessel “Roxane Z” was fitted out with all dredging gear – a DOP250 attached to one of the on-board cranes, and another DOP250 on deck acting as a booster station.
Valeport Joins Living Coasts’ Tor Bay Conservation Project
Valeport has pledged its support to a campaign to protect the ‘underwater rainforest’ which is under threat off Tor Bay, on the South West Coast of the UK. The hydrographic and oceanographic instrument manufacturer will partner with a UK coastal zoo and aquarium to help protect seagrass, a plant tha
Performance Shipping Sells Rotterdam Boxship
Performance Shipping has signed a memorandum of agreement (MOA) to dispose of Rotterdam, a 2008-built boxship.