Business & Finance
Hurtigruten: World’s 1st Hybrid Electric-Powered Cruise Ship Named in Antarctica
Roald Amundsen, the world’s first hybrid electric-powered expedition ship, has been named on Brabant Island.
Titan LNG: First LNG Bunkering in IJmuiden
Dutch liquefied natural gas (LNG) supplier Titan LNG, in cooperation with the Port of IJmuiden and OD IJmond, successfully completed the first bunkering of LNG to the Werkendam, Van Oord’s LNG-powered crane vessel, last week. Commenting the latest news, Jippe van Eijnatten, director business develop
Boskalis Reports Good Third Quarter
Royal Boskalis Westminster N.V. (Boskalis) today reported good third quarter, maintaining the 2019 EBITDA guidance. As reported, Boskalis saw revenue increase slightly in the third quarter of 2019 compared to the quarterly average for the first half of the year. The operating result increased sharpl
Navios Acquisition Confirms VLCC Sale, Inks Two Charter Deals
The company sold the 2002-built VLCC Nave Electron for a price of USD 25.3 million.
VIDEO: Bell Pump Busy in the North Sea
A pump from Bell Dredging Pumps B.V. was used recently in the construction of an offshore wind farm in the North Sea. The Dutch dredging specialist has just released this beautiful video of a custom Bell 250 dredge pump with double cutter head that is dredging tubular piles at 80 meters deep. Accord
Standard Drilling bounces back to black
Norwegian offshore vessel owner Standard Drilling has reported an operating profit in the third quarter of 2019 following unrealized gain on revaluation of financial assets of $1 million.
Maersk Invests in Return Logistics Start-Up ZigZag
ZigZag helps retailers to reduce the cost and complexity of managing returns with its software and functionality.
Titan LNG Conducts 1st LNG Bunkering in Port of IJmuiden
Dutch LNG supplier Titan LNG has completed the first-ever LNG bunkering at the Port of IJmuiden, North Holland.
Diana Shipping Shrinks Fleet, Sheds Another Panamax
Including the 2005-built Clio, the company agreed to sell six Panamaxes so far this year.
PSA International Wants to Grow DCT Gdansk’s Capacity to 7 Mn TEUs
PSA International has unveiled an ambition to grow capacity at DCT Gdansk to 7 million.
Innovo and Sparrows Deliver West African Flexible Lay Spread
Innovo and Sparrows have completed a flexible lay spread contract for a major oil and gas, tier 1 contractor in Angola. The contract has been executed with Innovo’s Innodrive 700T electrical Reel Drive System (RDS) and a Sparrows tensioner integrated with under-deck carousel. The Innodrive RDS, desi
Dutch Dredging Opts for MirTac
The Netherlands based MirTac and Dutch Dredging (Baggerbedrijf de Boer) have agreed to implement the StarIPS Fleet Management solution onboard Dutch Dredging’s modern fleet of 28 vessels. According to the MirTac latest announcement, the companies signed a contract for maintenance consultancy, implem
EMEC on Look Out for New Non-Executive Director
The European Marine Energy Centre (EMEC), one of the leading test facility for wave and tidal energy converters, is looking to appoint a new non-executive director to its board of directors. The position will offer strategic guidance and governance to the company and strong leadership during the per
Scorpio Tankers Shrinks Loss as Vessel Revenues Rise
Net loss was at USD 45.3 million, compared to USD 71.7 million seen in the third quarter of 2018.