Business & Finance
Pembroke Dock Marine Project Pushes Forward
The Swansea Bay City Deal’s Joint Committee has signed-off a detailed business case for the £60 million Pembroke Dock Marine project, which will now be submitted to the UK Government and Welsh Government for final approval. Led by the private sector and supported by Pembrokeshire County Council, Pem
GMP Wins 34-Year Concession for Le Havre Container Terminal
GMP will operate berths 11 and 12 for a period of 30 years.
Damen Makes Record Delivery of Customized CSD350 to Brazil
Only four months after the signing of the contract, Damen successfully shipped a fully customized Cutter Suction Dredger (CSD) 350 to Brazil. The standard dredger was adapted to meet Brazilian Naval requirements and received additional options as per customer request. The CSD350 is the first station
Norwegian Cruise Line Takes Delivery of Its Newest Ship
Meyer Werft has handed over Norwegian Encore to Norwegian Cruise Line.
Hafnia Unveils Pre-Listing Offering on Oslo Stock Exchange
The company would list its common shares on Oslo Axess upon completing the pre-listing private placement.
GTNS Wraps Up Seasonal Works Near Konevets Island in Ladoga Lake
Multifunctional platform MFP-001 and hopper barge Nereis of Global Technologies for Innovative Systems (GTNS) have completed their seasonal works near the Konevets island in the Ladoga lake (Priozersk District of the Leningrad Region). Aleksey Revyakin, General Director of GTNS, reported the news to
Wind Assisted Ship Propulsion Project Officially Launched
Wind propulsion systems can be installed on existing vessels saving 5-20% of fuel and emissions.
Oceaneering Quarterly Loss Narrows
Oceaneering has reported a net loss of $25.5 million, or 26 cents per share, for the three months ended September 30, 2019. The result compares with net loss of $66 million same time last year. During the prior quarter ended June 30, 2019, Oceaneering reported a net loss of $35 million, or 36 cents
European Commission Launches In-Depth Probe into Fincantieri-Chantiers Deal
The European Commission opens an in-depth investigation into the acquisition of Chantiers de l’Atlantique.
Port of Rotterdam Authority Scales Back Brexit Measures
Rotterdam has again put its preparatory measures for a No-Deal Brexit on hold due to a Brexit extension.
DEME’s New TSHD River Thames Hits the Water
DEME Group today announced that their newly-built trailing suction hopper dredger (TSHD) River Thames has been successfully launched at the PaxOcean shipyard in Batam, Indonesia. The 2,300m³ River Thames is the first of two new trailing suction hopper dredgers joining DEME’s fleet in 2020. “The comp
Equinor Picks JDR and Subsea 7 for Hywind Tampen Cabling
JDR Cable System and Subsea 7 Norway have been awarded cabling contracts for Equinor`s Hywind Tampen project. JDR will be responsible for the design, procurement and fabrication of export and inter-array cables. The cables will be fabricated in Hartlepool in the UK. Subsea 7 has been tasked with ins
Okeanis Eco Tankers Secures Loan for New Suezmax Pair
Okeanis Eco Tankers said it would get funding to finance the pre-delivery of two new ECO tankers.
Kvaerner welcomes Hywind Tampen award as strategic breakthrough
Kvaerner has been awarded one of the key contracts for Equinor’s Hywind Tampen floating offshore wind project, which will power oil and gas platforms in the North Sea.