Business & Finance

WHOI Robot Takes First Known Automated Sample from Ocean
A hybrid remotely operated vehicle developed by Woods Hole Oceanographic Institution (WHOI) took the first known automated sample performed by a robotic arm in the ocean. Last month, an international team of researchers used one of WHOI’s underwater robots, Nereid Under Ice (NUI), to explore Kolumbo

Mammoet, ALE Merger Creates Heavy Lift Giant
Mammoet has completed the acquisition of UK-based counterpart ALE.

Navios Partners Grows Fleet with Five Navios Europe I Boxships
Navios Maritime Partners takes delivery of five containerships upon the liquidation of Navios Europe I.

Cold Ironing Facilities Inaugurated at Port of Dunkirk
CMA CGM’s containership inaugurates cold ironing facilities at the Port of Dunkirk.

Shearwater and CGG Finalize Strategic Vessel Transaction
Shearwater GeoServices has completed the strategic vessel transaction with CGG. The transaction includes the takeover of five high-end seismic vessels, and the five-year capacity agreement for marine seismic acquisition services between Shearwater and CGG became effective. Preparations for the joint

Shearwater wraps up seismic fleet expansion through CGG deal
Marine geophysical services provider Shearwater GeoServices has completed a transaction with CGG including the takeover of five seismic vessels and the five-year capacity agreement for marine seismic acquisition services.

IADC Releases New Terra et Aqua
The International Association of Dredging Companies (IADC) recently released the latest edition of their Terra et Aqua magazine. New Terra features articles covering dredging projects as well as the topics of safety, socio-economics, technical innovations and the environment, including: MAPPING WATE

New boss takes the helm at Providence Resources
Irish oil and gas company Providence Resources has appointed a new chief executive officer (CEO) with immediate effect.

Mammoet closes ALE acquisition
Dutch heavy lifting and transportation company Mammoet has created the ‘largest global provider of engineered heavy lifting and transport services’ after closing the acquisition of UK rival firm ALE.

Navios Acquisition Acquires Navios Europe Tanker Quintet
Following the liquidation of Navios Europe I, Navios Maritime Acquisition takes delivery of 5 tankers.

Roll Group Adds Third BigRoll to Its Fleet
Roll Group has started 2020 with the addition of a module carrier to its fleet.

All Set for Peel Marina Dredging
Work to remove 44,000 tonnes of silt from Peel Marina is set to begin on Monday, 13 January. The first stage will see contractor Land and Water Services Limited (LAWS) construct a temporary draining pool in a field upstream from the marina, beyond the power station site. LAWS will be on site from ne

Transocean wins $352.9 million in new backlog as ‘offshore drilling market continues to improve’
Transocean has secured a $352.9 million of contract backlog from new contracts and extensions. The company sees this as a sign of improvement in the offshore drilling market.

Finnlines Orders Two Superstar Ro-Pax Ships
Finnlines has signed an order for two ro-pax vessels with China Merchants Jinling Shipyard (Weihai).