Business & Finance
Keel Laid for Lindblad’s 2nd Polar Expedition Cruise Ship
Ulstein Group recently celebrated the keel laying of Lindblad’s 2nd polar newbuild.
iXblue to Deliver Five DriX USVs to Unique Group
Unique Group has signed an agreement to acquire five unmanned surface vessels (USV) DriX units from French high-technology company iXblue. Unique Group’s new addition is designed for a wide range of tasks such as geophysical and hydrographic surveys, touchdown monitoring of pipelines, subsea positio
Bourbon gets takeover offer
Struggling French offshore vessel owner Bourbon has received an offer for the takeover of its assets and activities.
Maersk Tankers, Cargill and Mitsui Team Up to Cut GHG Emissions in Shipping
The trio would exploit existing fuel-saving technologies and explore new technical solutions to cut GHG emissions.
JFD Inks Turkey Pact with Armelsan
JFD has announced a new partnership with Armelsan, a Turkey-based designer and supplier of sonar systems for the Turkish Navy. Established in 2011 with offices in Ankara and Istanbul, Armelsan delivers a variety of sonar systems including diver detection sonar, hull mounted anti-submarine warfare so
Forum Wraps Up eROV Trials
Forum Subsea Technologies’ latest remotely operated vehicle (ROV), the XLe Spirit, has completed sea trials in Norway. The vehicle is the first of a new generation of electric observation class ROVs. It is the smallest in the new range, and powerful enough to perform subsea maintenance and repair wo
SBM Offshore closes Brazil legacy case
Dutch FPSO operator SBM Offshore has confirmed a formal closure of its Brazil legacy case related to legacy bribery issues in Brazil.
IADC Dredging for Sustainable Infrastructure Conference in India
The International Association of Dredging Companies (IADC) has announced that their event, named ‘Dredging for Sustainable Infrastructure Conference’, will take place on Friday, 18 October, 2019, at the Leela Palace Hotel in New Delhi, India. With growing environmental awareness and increasing clima
OET Exercises Option to Acquire ECO Suezmax Tanker Pair
Okeanis Eco Tankers is exercising the option to acquire two ECO scrubber-fitted tankers being built at Hyundai Samho.
CSA and MMT Team Up in Americas
CSA Ocean Sciences (CSA) and MMT have entered into strategic alliance to provide combined services for the Americas offshore markets. Kevin Peterson, CSA’s chief executive officer, stated: “The combined offerings from MMT and CSA delivers a comprehensive solution for operators looking for integrated
CMP, DFDS to Set Up Shore Power in Copenhagen
The work on the designing and planning of the facility is now underway, and the construction will start in 2020.
Subsea 7 Picks Shawcor Coating for Two Offshore Projects
Shawcor’s pipe coating division has entered into contracts with Subsea 7 to provide coating services for two offshore pipeline projects, the Johan Sverdrup Phase 2 project offshore Norway and a subsea tieback project offshore Australia. These projects will be executed at Shawcor’s Norwegian and Asia
Wärtsilä Hybrid Package for Viking Neptun
The technology group Wärtsilä has been selected by Eidesvik to engineer, supply, and commission a hybrid propulsion system for its Viking Neptun construction vessel. This latest order follows two similar hybrid upgrade contracts awarded to Wärtsilä in recent months. Built in 2015, the Viking Neptun
NKT BoD Employee Representative Resigns
Subsea cables specialist NKT said that Peter Wennevold has resigned from his position as the company’s finance business partner. Wennevold is employee elected member of the NKT A/S board of directors. His resignation will become effective as per December 31, 2019, and consequently he will also step