Business & Finance
TenneT Secures EIB Funds for Grid Project
The European Investment Bank (EIB) has approved funding for the Tennet South-West 380KV West grid project in the Netherlands. EIB will provide around EUR 250 million in funding for the project valued at around EUR 509 million. The TenneT South-West 380KV West comprises the construction of the electr
TenneT Secures EIB Funds for Grid Project
The European Investment Bank (EIB) has approved funding for the Tennet South-West 380KV West grid project in the Netherlands. EIB will provide around EUR 250 million in funding for the project valued at around EUR 509 million. The TenneT South-West 380KV West comprises the construction of the electr
Ithaca extends charter for Eidesvik’s supply vessel
Eidesvik Offshore has been awarded a one-year contract extension with Ithaca Oil and Gas for the Viking Princess vessel.
Equinor renews Magseis Fairfield’s reservoir monitoring deal
Equinor has renewed Magseis Fairfield’s management and operational contractual relationship for the permanent reservoir monitoring (PRM) containerized source for the Snorre and Grane fields located offshore Norway, for a further four years. The system, designed and delivered in 2013, has been operat
Representing USAR at CEDA Dredging Days
Exo Environmental Ltd. recently attended the CEDA Dredging Days conference in the Ahoy Rotterdam, taking the opportunity to represent and promote the USAR project. CEDA Dredging Days is the flagship conference of the Central Dredging Association (CEDA) and is the main event on the dredging industry
Arnout Damen to Take Over as CEO of Damen Shipyards Group
Arnout Damen will become the new CEO of Damen Shipyards Group.
Allseas Suspends Nord Stream 2 Pipelay Works
Allseas has suspended its Nord Stream 2 pipelay activities, in anticipation of the enactment of the National Defense Authorization Act (NDAA), The US House of Representatives passed the National Defense Authorization Act (NDAA) for Fiscal Year 2020, which includes sanctions targeting companies that
Damen Appoints New CEO
Damen Shipyards Group has appointed Arnout Damen as the new CEO, succeeding René Berkvens, who held the position for more than 13 years. Arnout Damen will take over the CEO position as of 1 January, when his current CCO position will be taken over by Jan-Wim Dekker. Over the past nine years, Damen h
Energean’s Edison transaction might exclude assets in Algeria
Oil and gas company Energean’s acquisition of Edison which has yet to be completed might be included so that Edison’s Algeria assets won’t be included in the deal after an intervention from the Algerian authorities. Energean and Edison signed a deal in July for Energean to buy Edison E&P from Edison
Arnout Damen named CEO of Damen Shipyards
Dutch shipbuilder Damen Shipyards has appointed Arnout Damen as CEO. He will take over the position from René Berkvens on January 1, 2020.
US Court Convicts Evridiki Navigation, Liquimar Tankers for Pollution
U.S. court convicted Evridiki Navigation, Liquimar Tankers Management Services Inc for pollution crimes.
Royal IHC: DRAGA 20 on Its Way to Colombia
The new mining wheel suction dredger for Mineros Aluvial SAS, the DRAGA 20: BIJAO, is ready for transport to Colombia, Royal IHC said in their latest announcement. Loaded on a pontoon, the electric, dismountable wheel dredger will make her way to Antwerp where she shall be loaded on a transport vess
CMA CGM Seals Deal to Sell Stakes in 10 Port Terminals to Terminal Link
CMA CGM signed an agreement with CMP to sell a portfolio of stakes in ten port terminals to Terminal Link.
Boskalis Nabs Port of Rotterdam Dredging Contract
Royal Boskalis Westminster N.V. has won a multi-year contract for a maintenance dredging project in Rotterdam, the Netherlands, ensuring the continued safe access to the Port of Rotterdam. The contract was awarded by the port and the Department of Public Works (Rijkswaterstaat). The maintenance dred