Business & Finance
Xodus Adds Two Recruits to Its Environment Division
Xodus Group is set to almost double its global environment division with recent appointment of two new recruits in Aberdeen. Jonathan Ashburner has joined as cables and interconnectors lead while Gill Rodger returns to Xodus as the head of governance and assurance. Qualifying as a marine mammal biol
Valaris secures $285 million in revenue backlog with new rig contracts
Valaris has been awarded new contracts and extensions for its drilling rigs with an associated revenue backlog of $285 million. One of the jack-up rigs has secured a 21-well contract with ExxonMobil in the U.S. Gulf of Mexico.
N-Sea-BODAC Joint Venture Invests Further in UXO Provision
The N-Sea-BODAC joint venture has made an investment in the further development of its specialist UXO provision. Formed in 2016, the joint venture (JV) has demonstrated year-on-year commercial growth. In that time, it has built a formidable track record in UXO survey, identification and disposal, co
Navios Acquisition to Add Product Tanker Quintet
Navios Maritime Acquisition Corporation is to acquire five product tankers in liquidation of Navios Europe I.
Polar King CSV to stay with Nexans until July 2020
Norwegian offshore vessel owner GC Rieber Shipping has agreed with Nexans to further extend the charter for the construction support vessel Polar King.
Damen to Build New RoPax for Timor-Leste
The Republic of Timor-Leste and Damen Shipyards Group recently signed a contract for a new RoPax ferry.
EnerMech names new chief executive officer
Mechanical and electrical services specialist EnerMech has appointed a new chief executive officer (CEO) of the company.
Port of Rijeka Dredging Plan Unveiled
International Container Terminal Services, Inc. (ICTSI) recently drew up plans to expand its Croatian subsidiary – Adriatic Gate Container Terminal (AGCT) – including a two-phase dredging scheme of 130 meters of quay over its Berths 1 and 2 at the Port of Rijeka. Once completed, AGCT will be the fir
Damen Dredging Seminar in Latin America – Big Success
Damen, in cooperation with Endratech, hosted their Dredging Seminar in Latin America last week. The Dredging Seminar 2019 took place at the following locations: Tuesday the 19th of November : Cartagena, Colombia; Thursday the 21st of November : Sao Paulo, Brazil; Friday the 22nd of November : Buenos
Nigeria: Modelling Coastal Defenses by HR Wallingford
A 3D scale model of a Nigerian beach near Lagos has been put through its paces this month in HR Wallingford’s modelling hall. New coastal defenses are needed where the beach has retreated at the residential Maiyegun Beach Estate following major development farther along the coast. The designers of t
Works on Sea Defenses in North of Portsmouth About to Begin
The next stage of the North Portsea Island Coastal Defense scheme is underway, Eastern Solent Coastal Partnership reports. The next set of defenses, the fourth of five phases which make up the £58m North Portsea Island Coastal Defense Scheme, has been split into two sections: Kendall’s Wharf and Eas
Weatherford Makes Management Changes
Weatherford International has appointed Christian Garcia as executive vice president and chief financial officer, effective January 06, 2020. He will take over from Christoph Bausch who will step down as executive vice president and chief financial officer on November 14, 2019 to pursue other opport
Royal IHC Preps Reel Lay System for Shanghai Salvage
Royal IHC has hit a milestone in the design and build of an integrated 550t reel lay system for Shanghai Salvage. It will be the first reel lay system in the Chinese market and moreover, it will be one of the largest and most sophisticated reel lay systems worldwide. Namely, this month, the tower an
MPS Gets Funding Boost for Wind and Wave Tech Development
Marine Power Systems (MPS) has secured £4.3 million grant by the European Regional Development Fund to accelerate the development of a floating offshore wind and wave technology that could transform the opportunities for energy generation in deep water locations. The EDRF funding, which is part of a