Business & Finance
UWA Oceans Institute Looking for Technical Research Officer
The University of Western Australia’s (UWA) Oceans Institute is looking for a technical research officer to coordinate the field operations and contribute to the research within the new technology proving project on wave measurements within the Integrated Marine Observing System. The successful cand
Ardent to Refocus on Core Business
Ardent plans to refocus its strategy away from decommissioning towards its core business.
IJmuiden Sea Lock Project Continues
OpenIJ – a consortium of construction companies building the world’s largest sea lock in IJmuiden, the Netherlands – recently released the latest update on the development project. Over the last two months of this year, OpenIJ was busy with the installation of pipes and cables and with the construct
Celtic Sea Offshore Floating Wind Cluster to Hold Supply Chain Event
The Celtic Sea Offshore Floating Wind Cluster is holding a Floating Wind in the Celtic Sea: Future Supply Chain Opportunities event in Milford Haven, Wales, on 30 January. The event is sponsored by the ORE Catapult and Welsh Government and supported by Marine Energy Wales and Marine Hub Cornwall. Ov
New CFO elected at Noble Corp.
Offshore drilling contractor Noble Corporation has named Stephen M. Butz as Executive Vice President and Chief Financial Officer of the company.
Titan LNG Delivers LNG to TSHD Scheldt River Via Trucks
A joint effort between Port of Brest, CCIMBO, DEME and Titan LNG resulted in the successful truck-to-ship LNG bunkering of the Scheldt River, the DEME owned LNG powered hopper dredger, last week. Commenting the latest news, Eric Roellinger, Harbor Master Port of Brest, said: “Port authorities play a
MOL Takes Full Ownership of Euro Marine Logistics JV
Following the transaction, MOL will become the sole owner of EML.
Steel Cut for TT-Line’s Green Ship
Jiangsu Jinling has started the construction of TT-Line’s new LNG-powered RoPax.
Banks take over struggling French vessel owner Bourbon
A French court has decided that assets of French vessel owner Bourbon Corporation, which has been in a court restructuring process, will be sold to creditor banks.
Klaipedos Nafta Bags USD 148 Mn Loan for Its LNG Terminal
Klaipedos Nafta has signed a USD 148 million loan to finance FSRU Independence’s charter.
ArcelorMittal Sells Stake in Global Chartering to Ceres Shipping
ArcelorMittal is to sell a 50% stake in Global Chartering Limited (GCL), its drybulk shipping business, to DryLog.
Arnout Damen Takes Helm of Damen Shipyards Group
Damen Shipyards Group has named Arnout Damen as the new CEO, effective January 01, 2020. At the same time, the shipbuilding company is switching to a divisional structure to serve the market more effectively and efficiently. Arnout Damen takes over from René Berkvens, who has been the CEO of Damen S
TOP Ships Nets USD 60.2 Mn for Its Recently Acquired MRs
TOP Ships inked a financing deal with an undisclosed Chinese financier for its recently acquired two newbuilding duo.
IHC Reservoir Dredging Update
Royal IHC has just released another update from the reservoir dredging pilot scheme in India, saying that a downstream HDPE discharge pipeline has been placed from dam to disposal site. For the floating pipeline, locally sourced drums will be used as floaters and are attached to the pipeline. “One o