Business & Finance
Third New ECO VLCC Delivered to Hunter Tankers
Hunter Laga was subsequently delivered to and bareboat chartered back from Ship Finance International.
IADC to Present Young Author Award at CEDA Event
International Association of Dredging Companies – the global umbrella organisation for contractors in the private dredging industry – will present the IADC Young Author Award at the CEDA Dredging Days, 8 November 2019, Rotterdam Ahoy, the Netherlands. To stimulate the promotion of new ideas and enco
Nine Crew Kidnapped from J.J. Ugland Vessel off Benin
The anchored vessel was boarded by pirates while it was waiting for berth off Cotonou.
Readers’ Picks of the Week (October 28 – November 1, 2019)
Here are the most popular news from last week.
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (October 28 – November 3, 2019). 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 1
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (October 28 – November 03). https://subseaworldnews.com/2019/11/01/onesubsea-bags-subsea-compression-deal-for-ormen-lange/ https://subseaworldnews.com/2019/10/29/mermaid-wins-middle-east-contract-exten
Highlights of the Week
MarineEnergy.biz has compiled the top news from marine energy industry from October 28 – November 03, 2019. https://marineenergy.biz/2019/10/29/eni-cdp-fincantieri-and-terna-establish-new-company-for-wave-energy/ https://marineenergy.biz/2019/10/31/bombora-lands-first-wave-energy-marine-licence-in-w
Celtic Norse Cable Branches to Scotland and Iceland
Celtic Norse fibre optic cable between Norway and Ireland will be partnered by Vodafone Iceland to develop a branch into Iceland. It is also investigating the opportunity to develop a branch into Scotland, initially with the government’s infrastructure body, the Scottish Futures Trust and Host in Sc
Capital Product Partners Eyes Scrubbers for Six More Ships
Capital Product Partners is looking to equip at least six more ships with scrubbers in the coming period.
Fugro Cashes In on Huawei Marine Networks Stake Sale
Fugro will be able to monetise part of its non-core interest in Global Marine Group (GMG), following the stake sale in Huawei Marine Networks (HMN). GMG has agreed to a sale of its 49% stake in Huawei Marine to Hengtong Optic-Electric, in a transaction that values HMN at $285 million, and Fugro’s st
Hurtigruten Starts Biodiesel Tests
The fuel tested on board MS Polarlys is palm-oil-free, the company noted.
Solstad agrees extended suspension of payments amid restructuring
Norwegian offshore vessel owner Solstad Offshore (SOFF) needs more time to complete its restructuring and has therefore agreed an extension of suspension and deferrals of payments under its financing agreements. Late last year Solstad started discussions with its financial creditors and other stakeh
Navigation Solutions Providers ChartCo, Marine Press Announce Merger
The new company will be called OneOcean.
Borr Drilling adds $155 million to backlog with new contracts
Borr Drilling has been awarded three new contracts and two extensions for its rig fleet, adding about $155 million to its backlog.