Business & Finance
HHLA Aims to Become Carbon Neutral by 2040
The company said that its sustainability strategy will now be realized under the “Balanced Logistics” brand.
AIDA Cruises’ 14th Ship Named in Palma de Mallorca
German cruise line AIDA Cruises has welcomed AIDAmira, the fourth Selection class vessel, to its fleet.
Swansea Canal Dredging Continues
Work to regenerate the historic Swansea Canal continues this month with a key element – the dredging of almost a mile of the waterway between Coed Gwilym Park in Clydach and Trebanos, the Canal and River Trust reports. “We are carrying out the dredging, scheduled to be completed in mid-January, toge
Balticconnector Pipeline Ready for Use
The Balticconnector pipeline has completed the final phase of commissioning when the offshore pipeline was filled with gas and pressurized as well as connected to Estonia’s gas transmission network. The pipeline should be in commercial use as of January 01, 2020. The pipeline’s construction work and
Van Oord and Hendrik Veder Ink Lifting Equipment Management Deal
Van Oord has signed a framework agreement with the Hendrik Veder Group under which it will outsource its hoisting and lifting equipment management to the Rotterdam-based company. The two-year agreement will see the parties collaborating on managing lifting equipment for offshore wind turbines, with
Van Oord and Hendrik Veder Ink Lifting Equipment Management Deal
Van Oord has signed a framework agreement with the Hendrik Veder Group under which it will outsource its hoisting and lifting equipment management to the Rotterdam-based company. The two-year agreement will see the parties collaborating on managing lifting equipment for offshore wind turbines, with
KCA Deutag lands five-year contract on three UK North Sea platforms
KCA Deutag has been awarded a five-year contract extension by CNR International for three platforms in the UK North Sea.
Kraken Secures Aquaculture Industry Contract with MPI
Kraken Robotics’ subsidiary Kraken Power has signed a multi-year supply agreement with Multi Pump Innovation (MPI) of Norway. Under the agreement, MPI will purchase RIM-driven thrusters and control systems for use in MPI’s new JetMaster automated cage cleaners used for fish farming. While JetMaster
DEME to Link Neart na Gaoithe OWF Turbines
DEME Offshore has been awarded an EPCI contract for the inter-array and interconnector cables at the Neart na Gaoithe offshore wind farm in Scotland. The scope includes the engineering, procurement, construction, and installation of the subsea cables for the 450 MW capacity wind farm, with execution
Reach Subsea Profit Halves
Norwegian contractor Reach Subsea has seen its quarterly profit cut in half against last year’s comparable period on lower activity. For the third quarter 2019, Reach booked profit of NOK 4 million on revenues of NOK 154 million, versus profit of NOK 8 million, on revenues of NOK 179 million in the
First Subsea Guards WindFloat Atlantic Export Cables
First Subsea has delivered beach landing cable protection system for the WindFloat Atlantic project. The Lancaster-based firm delivered CPS for the export cables on the 25MW project located 20 kilometres off the coast of Viana do Castelo in Portugal for Portuguese transmission system operator REN. H
UECC Gets Green Financing for Battery Hybrid LNG PCTCs
United European Car Carriers (UECC) secures green financing for its new pure car and truck carriers.
Samsung Heavy Wins USD 159 Mn Order for Tanker Duo
Samsung Heavy Industries secures a USD 158.5 million contract to build two ice-class crude oil carriers.
IADC Dredging in Figures 2018 Available
The 2018 edition of Dredging in Figures, an annual review of the global open dredging market by the International Association of Dredging Companies (IADC), is now available. The annually prepared report serves as a resource to entities interested in the financial development of the dredging industry