Business & Finance
Fifth Newbuild Joins 2020 Bulkers
2020 Bulkers takes delivery of Bulk Shenzhen, the fifth of eight 208,000 dwt Newcastlemax newbuilds.
EMGS Vessel Utilization Increases
Electromagnetic Geoservices (EMGS) has seen an increase in vessel utilization for the fourth quarter 2019 at 80% compared with 32% for the fourth quarter in 2018. For the full year 2019, the vessel utilization was 59%, whereas the utilization for the full year 2018 was 33%. In the fourth quarter of
Equinor Presents New Plan to Reduce Emissions in Norway
Equinor has launched new climate ambitions to reduce the absolute greenhouse gas emissions from its operated offshore fields and onshore plants in Norway with 40% by 2030, 70% by 2040 and to near zero by 2050. By 2030 this implies annual cuts of more than 5 million tonnes, corresponding to around 10
TOP Ships Sells Its Only Two MR1 Tankers
TOP Ships disposed of its only two medium range (MR) 1 product/chemical tankers.
Equinor launches new plan to cut emissions in Norway to near zero by 2050
Equinor has launched new climate ambitions to reduce the absolute greenhouse gas emissions from its operated offshore fields and onshore plants in Norway with 40% by 2030, 70% by 2040, and to near zero by 2050.
QED Naval and HydroWing JV Acquire Tocardo
QED Naval and HydroWing have formed new collaborative European joint venture and with it acquired Holland’s tidal turbines business, Tocardo. This tri-partite, collaborative partnership brings together decades of multi-sector expertise as well as a blend of well tested, complementary products. Tocar
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (December 30, 2019 – January 5, 2020). MTCC Wins Himmafushi Dredging Contract The Maldives Transport and Contracting Company Plc (MTCC) has won a contract for the K. Himmafushi Harbor – Phase 2 Project. PHOTO: F
Readers’ Picks of the Week (December 30, 2019 – January 3, 2020)
Here are the most read stories of the previous week.
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (December 30 – January 05). https://subseaworldnews.com/2019/12/31/pandion-energy-completes-duva-stake-sale-to-solveig-gas/ https://subseaworldnews.com/2019/12/30/fugro-becomes-sole-owner-of-seabed-geo
Energean Inks EastMed Pipeline Deal with DEPA
Energean and the Public Gas Corporation of Greece (DEPA) have agreed to cooperate to further support the EastMed Pipeline Project. Ahead of the Intergovernmental Agreement on the EastMed Pipeline, to be signed later today by the Ministers of Cyprus, Greece and Israel responsible for Energy, Energean
SBM Offshore riding the FPSO renaissance wave
In surfing, reading the environment and anticipating a wave from a small lump on the horizon can be difficult, but rewarding. This is what SBM Offshore had done when after a rather dry period for FPSO orders it ordered an FPSO hull from China’s SWS Shipyard in July 2017.
Energean and DEPA ink deal for 20 pct of EastMed pipeline’s initial capacity
Energean and the Public Gas Corporation of Greece (DEPA) have agreed to cooperate to further support the EastMed Pipeline Project.
Royal IHC: India Pilot Scheme Update
Royal IHC, a supplier of equipment, vessels and services for the offshore, dredging and wet mining markets, has just released the latest update from their reservoir dredging pilot scheme in India. According to the announcement, the next step of the preparation of the program was the pump test. The c
Prosafe and Floatel agree extension of share purchase agreement amid competition concerns
Prosafe and Floatel International have agreed an extension of a share purchase agreement related to a proposed merger of the two companies amid concerns raised by competition authorities.