Business & Finance

Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (January 13 – 19, 2020). Port of Corpus Christi Closes 2019 with Success The Port of Corpus Christi, Texas, ended 2019 with record tonnages for December – 13.8 million cargo tons and 122.2 million cargo tons for t

Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (January 13 – January 19). https://subseaworldnews.com/2020/01/13/foresight-williams-backs-rovco/ https://subseaworldnews.com/2020/01/15/seven-viking-owners-boost-environmental-footprint/ https://subse

Hapag-Lloyd Inks Space Charter Deal with Maersk and MSC
Hapag-Lloyd has signed a space charter agreement with the members of the 2M Alliance.

Schlumberger Posts $10.1Bln Loss in 2019
Schlumberger has booked some $10.1 billion loss for 2019, despite relatively flat revenues, recognizing material pretax charges driven by market conditions, particularly in North America. “In contrast, after two years of strong growth, North American revenue fell sharply, driven largely by the land

RockRose to hand over Brae operatorship to TAQA
RockRose Energy will be passing operatorship of the Brae Area, in the UK North Sea, to TAQA following court proceedings brought on by TAQA and other partners in the field.

Safe Bulkers Agrees Sale and Leaseback for Eight Ships
Safe Bulkers has entered into sale and leaseback agreements with respect to eight vessels.

GC Rieber picks up charter renewal for crew-boat tandem
Norwegian offshore vessel owner GC Rieber Shipping has won a contract extension for a tandem of crew-boats.

A&P Tees Extending the Life of TSHD Heortnesse
The team at A&P Tees is currently extending the life of the trailing suction hopper dredger Heortnesse, which maintains the navigable depth in the ports of Tees and Hartlepool, by up to 17 years. According to the A&P, the work is being carried out over two dockings – the first of which was completed

MSC Cruises’ LNG-Powered Newbuilds to Feature Wärtsilä Equipment
Wärtsilä will supply a package of integrated solutions for MSC Cruises’ two new LNG-powered ships.

Neart na Gaoithe Books Supply Chain Events
EDF Renewables and ESB are holding a series of supply chain events for the Neart na Gaoithe (NnG) offshore wind project in March. The aim of the events is to showcase how more Scottish companies can help support the delivery of the 450MW offshore wind farm. Meetings will be held in East Lothian on 2

Neart na Gaoithe Books Supply Chain Events
EDF Renewables and ESB are holding a series of supply chain events for the Neart na Gaoithe (NnG) offshore wind project in March. The aim of the events is to showcase how more Scottish companies can help support the delivery of the 450MW offshore wind farm. Meetings will be held in East Lothian on 2

JFD Adds Ansti Test Systems
JFD has acquired Ansti Test Systems – designer and manufacturer of test facilities for performance measurement of underwater breathing apparatus. Ansti Test Systems provides turnkey packages which utilise computerised data acquisition techniques to display the performance of breathing apparatus unde

PSW Takes Control of EMAS Spoolbase in Norway
PSW Group has signed an agreement for operation of the former EMAS spoolbase located in Gulen Industrial Harbor, Western Norway. The agreement covers all activities related to the production and spooling of pipelines for offshore use. The spoolbase, which was constructed in 2014 to optimize handling

JFSE Merges with JFO
James Fisher Offshore (JFO) has consolidated its services with its sister company, James Fisher Subsea Excavation (JFSE). The merger brings JFSE under the banner of JFO, which should, according to the company, create a dynamic single source of services across asset and project lifecycles, positioned