Business & Finance
CMA CGM Launches First 23,000 TEU LNG-Powered Giant
The first of the nine newbuildings is named after CMA CGM founder Jacques Saade.
Van Oord’s Largest Hopper Dredger Busy in Mauritania
Van Oord is deepening and widening the access channel and turning basin of a large ore export facility in Nouadhibou, Mauritania. Two trailing suction hopper dredgers, one of which is owned by Van Oord, will be deployed for the dredging work. According to the company, Von Oord’s flagship HAM 318 is
Pharis taps KCA Deutag for North Sea project conceptual study
RDS, KCA Deutag’s provider of engineering and design solutions to the oil and gas, renewable and alternative energy sectors, has won a new contract to carry out a conceptual study for Pharis Energy.
Craig International picks up first contract with Petrofac
Oilfield procurement specialist Craig International has been awarded the first contract with Petrofac in the UK.
Global Ship Lease Selling USD 40 Mn Worth of Shares
The funds would be used for general corporate purposes, including boxship purchases or prepayment of debt.
Rystad: Equinor’s mega offshore wind project gives hope to deflated service industry
Equinor’s big bet on offshore wind will rival major oil projects, Norwegian intelligence group Rystad Energy said on Tuesday following a recent announcement that Equinor will work on the world’s largest offshore wind farm development, which is located in the UK North Sea.
P&O Ferries Orders Next-Generation English Channel Ships
P&O Ferries signs a contract with Guangzhou Shipyard International to deliver a new generation of ships on the English Channel.
Archer granted extension on Aker BP’s Valhall and Ula platforms
Archer has been awarded a 15-month extension to its existing platform drilling and maintenance services contract for Aker BP’s Valhall and Ula platforms on the Norwegian Continental Shelf.
Scorpio Tankers Takes Product Tanker Fleet from Trafigura
The company agreed to acquire Trafigura subsidiaries, which have leasehold interests in 19 product tankers, for USD 803 million.
Kraken to Establish Joint Venture Named Ocean Discovery
Kraken Robotics has announced plans to establish a joint venture with a company owned by Kraken board member, Larry Puddister, for the provision of subsea services. The joint venture will be called Ocean Discovery and will operate in Atlantic Canada. It is expected that a definitive agreement coveri
Sonardyne Boosts Ormen Lange Seabed Monitoring
Norske Shell is launching a 10-year seabed subsidence monitoring campaign at its Ormen Lange gas field in the Norwegian Sea, using long-endurance sensors from subsea monitoring specialist Sonardyne. Norske Shell’s goal is to continuously monitor any movement of the seafloor at Ormen Lange. The data
Order Placed for ECO 300 Dredger
Dredge Yard has won a contract for the design and delivery of a customized cutter suction dredger ECO 300 to CDC Dredging L.L.C. – a company based in the UAE and mainly operating in the Gulf Cooperation Council (GCC). As reported, the company is purchasing the new dredger in order to participate in
Norsepower Secures Millions for Rotor Sail Solution
Norsepower has secured a USD 8.8 million investment that would support the expansion of its Rotor Sail technology.
Dagenham Dredging Scheme About to Begin
The Port of London Authority (PLA) said in its latest announcement that a significant amount of dredging operations is set to take place at Dagenham No.8 Jetty in the following weeks. According to PLA, the dredging works will begin in the Dagenham area on 26th September 2019, and will last approxima