Business & Finance
Belships Bolsters Ultramax Fleet
The company penned LoI for a bareboat charter of an Ultramax newbuilding and a second-hand bulker.
Vår Energi doubles Norwegian output after buying ExxonMobil’s business
Oil and gas company Vår Energi has completed the acquisition of ExxonMobil’s upstream business in Norway and doubled its production in the country.
Moray Council Opts for Prolec pcX
Moray Council has expanded its dredging capabilities with the James Fisher Prolec’s guidance system pcX-Pro. The pcX-Pro system, built into the Council’s dredger Selkie, allows the user to see detailed digital terrain models and designs of the environment around them. On water-based projects this sy
DOF Subsea Scores Africa Job
DOF Subsea has entered into a 2-month long contract with an international energy client in Africa. The project will utilise Skandi Seven and start operations in direct continuation with the ongoing commitment for the vessel. DOF Subsea will during this project deliver integrated FSV services, projec
Nova to Develop Subsea Connector for WES; Breaks Crowdfunding Target
Scottish tidal energy company Nova Innovation has won a contract to develop an innovative subsea electrical connector for Wave Energy Scotland (WES). Nova’s MECMate subsea connector is tailored to meet the requirements of the marine energy environment. Nova Innovation engineering director, Gary Conn
Aker Energy chief executive resigns
Aker Energy has named Svein Jakob Liknes, most recently Aker Energy’s Head of Operations, to acting Chief Executive Officer following the decision by Jan Arve Haugan to resign.
Wilson Makes 2nd Purchase in 5,000 dwt Segment
Wilson ASA is to expand its fleet with two more 5,000 dwt bulk carriers.
Solstad and SBM Agree Normand Installer Extension
Solstad Offshore has secured a charter extension deal with SBM Offshore for the construction support vessel (CSV) Normand Installer. The extension follows the frame agreement from August 2018, under which SBM committed to charter the Normand Installer for 105 days in 2020. The new deal will now see
SBM adds more time to CSV Normand Installer charter
Dutch FPSO operator SBM Offshore has extended the charter for the construction support vessel (CSV) Normand Installer. The vessel is jointly owned by SBM and Solstad Offshore and has been on a contract to SBM since 2006. Solstad said on Tuesday that the contract had been extended from an original 10
New Long-Endurance Underwater Navigation Standards Set
New standards in long-endurance underwater navigation and automated subsea positioning have been set following the completion of a joint project led by Sonardyne International, with partners the National Oceanography Centre (NOC) and L3Harris. The two-year, £1.4 million Precise Positioning for Persi
2G Robotics Launches ROV Micro Inspection Skid
2G Robotics has officially released the Micro Inspection Skid, a new laser survey skid for Inspection Class ROVs developed in partnership with iXblue and Nortek. The Micro Inspection Skid is available for vehicles including the Saab Seaeye Falcon and the Seatronics VALOR. The plug-and-play design co
Dredge Yard Builds Customized Cutter Suction Dredger for WPC
Dredge Yard has received an order for a customized cutter suction dredger (CSD) from Western Potash Corp. (WPC), a development stage potash company based in Canada. “When designing a dredger for WPC, special attention was paid to achieve a solution that would be as ecologically and economically resp
Church Scar Coastal Protection Project Remains on Schedule
The Fairhaven to Church Scar Coastal Protection Scheme remains on program, with a contract completion date of December 2020 following the successful award of the additional works at Granny’s Bay, Fylde Council reports. “Mindful of its commitments for an early opening at Church Scar and Fairhaven for
Kongsberg in SAR Pact with Norwegian Society for Sea Rescue
Kongsberg Maritime has signed an agreement with the Norwegian Society for Sea Rescue to develop new and innovative maritime Search and Rescue (SAR) technologies. The duo’s collaboration will cover five concept development areas for SAR: maritime operations, rescue operations, search on the surface o