Business & Finance
Alcohol Leads to Fatal Fall aboard Cargo Ship, Transport Malta Says
An investigation showed that the high level of alcohol may have impaired the seafarer’s cognition.
Launching of TSHD Meuse River Set for November 16
A launching ceremony of the new 7.950m³ trailing suction hopper dredger (TSHD) Meuse River will take place on Saturday, November 16, 2019. The vessel is being built for DEME Group at the Royal IHC shipyard in Krimpen aan den IJssel. The TSHD will be equipped with dual fuel engines and LNG tanks, ens
Prysmian Wraps Up DolWin3 Project
Prysmian has delivered the HVDC offshore grid connection project DolWin3, off the German North Sea coast. The Italian subsea cables specialist had secured this project in February 2013, with a contract awarded by Alstom Grid (now GE Grid GmbH) on behalf of the Dutch-German grid operator TenneT. DolW
Vår Energi Pipe and Subsea Portfolio Passes PSA Probe
Petroleum Safety Authority (PSA) Norway has carried out an audit of Vår Energi and its pipe and subsea portfolio on the Norwegian Continental Shelf. The audit, from October this year, included inspection of Vår Energi and its portfolio of pipelines, risers, control cables and subsea facilities on th
Expedition Cruise Operators Agree on Voluntary Arctic HFO Ban
The Association of Arctic Expedition Cruise Operators approves a self-imposed ban on the use of HFO in the Arctic.
Northam Coastal Protection Scheme on Display
Torridge District Council has proposed to carry out coast protection work at the beach fronting Northam Burrows Country Park in Northam, Bideford, UK. The work will consist of beach recycling from the distal end of the spit near Grey Sand Hill to areas of the west facing beach where erosion has occu
Hyundai Heavy Submits Regulatory Application in the EU for DSME Deal
Hyundai Heavy starts a regulatory process in the EU to gain approval for the proposed acquisition of DSME.
Turkish Owner Orders Tanker Duo in South Korea
The company signed shipbuilding deals for two 158,000 dwt tankers with Daehan Shipbuilding Corporation.
HHLA Reports Stronger Earnings in Steadily Changing Conditions
Despite a volatile market, HHLA closed the first 9 months of 2019 with a significant revenue increase.
Global Offshore Charters Solstad’s CSV
Solstad Offshore has been awarded a long-term contract with Global Offshore, part of the Global Marine Group for the construction support vessel (CSV) Normand Clipper. The contract is scheduled to start in the first quarter 2020 and have a duration of 3 years. In addition to the fixed term, the deal
TechnipFMC Strikes G1201 Sale Deal
TechnipFMC has entered into memorandum of agreement (MOA) to sell the G1201 subsea vessel as it aims to optimize the profile and size of its subsea fleet. The MOA is subject to certain conditions precedent to complete the transaction. TechnipFMC expects to complete the sale in December as these cond
Finland to Build Another Hybrid Electric Ferry
Finnish state-owned ferry operator Finferries orders a new hybrid electric vessel for Åland.
Van Oord Kicks Off Port of Caldera Dredging
In order to optimize commercial operations and reduce wait times for vessels arriving at the Port of Caldera, Sociedad Portuaria Caldera (SPC) – a SAAM Puertos Company – and the Costa Rican Institute of Pacific Ports (INCOP) recently kicked off a $2.5 million dredging program. Commenting the latest
E.ON and RWE Sign Wind Energy PPA in UK
E.ON and RWE Renewables have signed a power purchase agreement (PPA) for more than 20 offshore and onshore wind farms in the UK. Under the 2.5-year agreement, E.ON buys around 3TWh of power annually from wind farms in the UK which are operated by RWE. The deal covers a capacity of 892MW of wind gene