Business & Finance
Scorpio Bulkers Reports Lower Vessel Revenues
Monaco-based shipping company Scorpio Bulkers managed to return to profit in the fourth quarter of 2019.
Castor Maritime Raises Money to Expand Fleet
Castor Maritime entered into two financing deals that would result in acquiring capital for future fleet expansion.
EUR 250 Mn Fund for Dutch Shipping Launched
Dutch shipowners will now be able to benefit from a newly-inaugurated EUR 250 million fund.
Shipyard Worker Dies at Fukuoka Shipbuilding
A shipyard worker has lost his life while working on a newbuilding vessel at the Fukuoka Shipbuilding in Japan.
IHC Reservoir Dredging Wraps Up
The dredging activities at their reservoir dredging pilot in India have been successfully completed and the dredging equipment is being dismantled and prepared for transport, Royal IHC said in their latest project update. The drums that have been used for the floating pipeline are sold back to the l
Ofgem to Review New Proposal for Shetland Subsea Link
Scottish and Southern Electricity Networks Transmission (SSEN Transmission) has resubmitted its needs case to the energy regulator Ofgem for the proposed Shetland interconnector. For Shetland, the cable would connect planned wind farm projects on Shetland with mainland Scotland allowing them to expo
Damen Rolls Out New OSV Concept
Damen has developed a new concept vessel – the Offshore Support Vessel (OSV) 9020. According to Damen, the vessel features a stable platform with lots of accommodation, good station-keeping capability, low carbon emissions and lots of flexibility to add mission-specific tools. “We were approached by
QTerminals Wins 35-Year Concession for Port of Olvia in Ukraine
QTerminals has won a UAH 3.4 billion (USD 138 million) concession to operate Port of Olvia in Ukraine.
Axpo Marketing All Global Tech I Electricity
Axpo Deutschland has taken over the marketing of all the electricity produced by Global Tech I (GT I) offshore wind farm. The German subsidiary of the Switzerland-based Axpo was previously marketing one-fourth of the offshore wind farm’s produced power. Now, the company is in charge of the overall p
New CEO for Oceanteam
The board of directors of Oceanteam has appointed Henk van den IJssel as chief executive officer (CEO) of Oceanteam with effect from 1 February 2020. Leidus Bosman, has expressed his intention to resign from Oceanteam and step down as CEO to pursue a new career opportunity outside the company. Henk
Unique Group Inks Global Deal with Britlift
Unique Group, subsea and offshore solutions provider, has entered a new partnership with lifting and spreader beam designer and manufacturer, Britlift. The move will see Britlift spreader beams being offered for rental and purchase via Unique Group’s global network. With the agreement in place cover
Eni takes Vroon’s platform supplier for work offshore UK
Italian oil major Eni has awarded a contract to one of Vroon Offshore’s platform supply vessels.
TSHD Anchorage Launched in Harlingen
Thecla Bodewes Shipyards launched the 3000m³ trailing suction hopper dredger (TSHD) Anchorage in Harlingen last Friday. This dredger is equipped with a smart diesel-electric system, developed in close collaboration between Barkmeijer Shipyards and D&A Electric, that efficiently regulates the energy
JFMS Partners with Big Blue Ocean Cleanup
James Fisher Marine Services (JFMS) has teamed up with Big Blue Ocean Cleanup, an international ocean conservation foundation helping to protect oceans and raises awareness about ocean pollution. The non-profit foundation coordinates an ambassador network of volunteers who proactively organise event