Business & Finance
Viking Supply Ships to buy newbuild PSV duo
Swedish offshore vessel owner Viking Supply Ships has entered into a contract to purchase two vessels currently under construction.
Clean Marine, FMSI Merge to Increase Scrubber Market Share
Scrubber developers Clean Marine and FMSI have unveiled their intention to merge.
Balmoral Hosts Allspeeds New Decom Tool Trials
Allspeeds has recently tested its new cutting and sealing tool for the decommissioning sector at Balmoral Subsea Test Centre’s submersion tanks. Accrington-based Allspeeds, the sole manufacturer of ‘Webtool’ hydraulic ROV cutters and systems, was awarded a contract by Chevron USA to develop an envir
Hayling Island Beach Nourishment Progressing Nicely
The maintenance dredging operations in Chichester Harbor Approach Channel and nourishment of the Hayling Island are progressing nicely, according to the Eastern Solent Coastal Partnership – ESCP. After securing funding from the Environment Agency, Havant Borough Council started this week with the be
Airbus, Port of Le Havre Join Forces to Offer Port Operations Solution
The companies are combining vessel traffic and port management solutions.
Castor Maritime Takes Delivery of Secondhand Bulker
This is the second vessel acquired by the company since its listing on NASDAQ last February.
Forum Books $533M Loss
Forum Energy Technologies has recorded loss in the third-quarter 2019 of $533 million, or $4.83 per diluted share, compared to loss of $3 million, or $3 cents per diluted share, for the prior-year comparable period. Sequentially, Forum widened its loss from $12 cents per diluted share, with revenue
PHOTO: Bell 200 Dredging Pump Working in Belgium
Bell Dredging Pumps BV has just released a photo of their Bell 200 dredging pump with double cutter head working in Sint-Baafs-Vijve in Belgium. A new canal lock is being built in which ships of 4500 ton and up to 190 meters long can pass. The canal lock will be 16 meters wide, which is […]
Nortek Gears for Growth with New CEO
Norwegian acoustic doppler technology developer Nortek has appointed Finn Ivar Marum as its new CEO. After over two decades at the helm of Nortek, Atle Lohrmann is taking on new challenges at newly started Hefring Engineering in Boston. Lohrmann will continue as Nortek’s chairman of the board. “I am
C-Kore Gets Queen’s Award for Enterprise
C-Kore has been honored with The Queen’s Awards for Enterprise, in the Innovation category. The formal Queen’s Award presentation took place at C-Kore’s offices near York, during the visit of two Deputy Lord Lieutenants of North Yorkshire, David Kerfoot MBE DL and Trevor Watson JP DL. Reading the ci
Austal to Build a New Catamaran for Molslinjen
The new Auto Express 115 will be the largest ferry ever built by Austal in terms of volume.
Zero Net Emissions: Alcohol, Biomethane & Ammonia a Good Start
The best-positioned fuels for R&D into net-zero marine fuels are said to be alcohol, biomethane and ammonia.
Damen to Hold Dredging Seminar in Latin America
Damen in cooperation with Endratech will next month launch their Dredging Seminar in Latin America. The Dredging Seminar 2019 is aimed at engineers, managers, and consultants involved in contracting dredge related projects from both publishers as contractor side, such as dredging contractors, mining
TechnipFMC profit tumbles ahead of separation
Oilfield services company TechnipFMC saw its third quarter 2019 profit drop despite increase in revenues due to charges and credits compared to the same period last year. According to TechnipFMC’s quarterly report published on Wednesday, the company’s revenue in the third quarter 2019 was $3.3 billi