Business & Finance

United Heavy Lift Adds Eleven Ships to Its Fleet
United Heavy Lift takes over a fleet of nine eco-friendly F900 newbuilds and buys two 12,000 dwt vessels.

Environment Minister Rebecca Pow Tours Wallasea Island Project
Environment Minister Rebecca Pow visited the Wallasea Nature Reserve yesterday to see first-hand the extensive efforts to help the coast and its wildlife adapt in the face of climate change. The Minister was touring the Essex site ahead of the introduction of the landmark Environment Bill in the nea

Creditor calls for ‘transparent responses’ over ‘unclear details’ of Premier’s North Sea deal
Premier Oil’s largest creditor, ARCM, has raised new concerns regarding Premier’s proposed acquisition of North Sea assets from BP and Dana Petroleum.

North America’s 1st LNG-Fueled Cruise Ship Floated Out in Finland
Carnival Cruise Line’s newest cruise vessel, Mardi Gras, was floated out at Meyer Turku shipyard.

Seaway 7 Lands First Triton Knoll Foundation
Seaway 7 has recently installed the first of 90 wind turbine monopile foundations at Triton Knoll offshore wind farm in the UK. The c.600 tonne steel monopile and its transition piece was installed by Seaway Strashnov which is contracted to transport and install all 90 of the wind turbine foundation

Benelux Consortium Eyes Stake in IHC
A consortium of marine companies and investors from around the Benelux is considering taking a stake in ailing shipbuilder Royal IHC, newspapers FD and De Tijd reported. The FD cited banking sources as saying the consortium was led by Luxembourg-based investor Hal Trust, together with dredging firms

Tallink to Make Silja Europa More Eco Friendly
Tallink Grupp to modernize its vessel Silja Europa at Turku Repair Yard.

Gasum Wraps Up 200th STS LNG Bunkering
On January 24, Gasum’s LNG bunker vessel Coralius performed its 200th LNG bunkering operation.

Kokkola Dredging VIDEO Update
The Port of Kokkola Ltd and the Finnish Transport Infrastructure Agency VAYLA have just presented the latest video update from the ongoing Kokkola Harbor and Fairway Deepening Project in Finland. Under the contract, signed in late July 2018, Wasa Dredging is responsible for dredging of the harder ma

Seadrill taps Semco Maritime to prepare rig for Lundin gig
Semco Maritime has been awarded a contract by Seadrill for preparation and modification of the West Bollsta prior to starting its ten-well contract with Lundin on the Norwegian Continental Shelf in 2Q 2020.

Stork Worley Secures Neptune Energy Deal
Neptune Energy Netherlands has awarded a four-year framework agreement for brownfield modification to Stork Worley Integrated Solutions for its Dutch assets in the North Sea. The services will comprise of engineering, procurement, construction, installation, commissioning and decommissioning. Neptun

Alfa Laval Joins the Getting to Zero Coalition
Alfa Laval joins the coalition aimed at introducing zero-emission vessels by the year 2030.

Eco Wave Power Hosts Visit of Naventus Member in Gibraltar
Eco Wave Power’s power station manager Juan Jose Gomez Restrepo has hosted a visit in Gibraltar of Jonas Ljungström, Naventus Corporate Finance senior partner and board member. Eco Wave engaged Naventus to write research reports and analysis, in the process of expanding its investor relations activi

Neptune hands out engineering and decom services deal for Dutch North Sea assets
Neptune Energy has awarded a four-year framework agreement for EPCIC (engineering, procurement, construction, installation & commissioning) and decommissioning services for brownfield modification to Stork Worley Integrated Solutions V.O.F. for its Dutch North Sea assets.