Business & Finance
Highlights of the Week
MarineEnergy.biz has compiled the top news from marine energy industry from September 09 – September 15, 2019. https://marineenergy.biz/2019/09/09/minesto-strengthens-faroe-islands-ties/ https://marineenergy.biz/2019/09/12/marine-power-systems-lands-12-8m-funding-for-wavesub-project/ https://marinee
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (September 09 – September 15). https://subseaworldnews.com/2019/09/10/cahuzac-to-retire-as-subsea-7-ceo/ https://subseaworldnews.com/2019/09/09/deepocean-uk-to-split-cables-and-trenching-units/ This co
d’Amico Widens Loss, Maintains ‘Very Positive’ Outlook
Tanker markets suffered from prolonged refinery maintenances during the period.
IMCA Demos CPD Scheme for Diving Supervisors
The International Marine Contractors Association (IMCA) has launched its pilot Continuing Professional Development (CPD) scheme for diving supervisors. The App based scheme is said to incorporate the very latest in training techniques and is available in IOS, Android, tablet and PC formats. Trials o
Belfast Harbor Presents Ambitious Development Plans
Belfast Harbor, Northern Ireland, has announced its ambition to become one of the best regional ports in the world. The 2019-2023 Strategic Plan together with an outlook through to 2035 were publicly launched at Belfast Harbor’s Annual Stakeholder Meeting today. As part of the plan the Port has comm
Performance Shipping Breaches Minimum Bid Price on Nasdaq
From July 24 to September 5, 2019, the company’s common stock closing bid price was below minimum requirement.
Eighth Nomination Announced for IADC Safety Award 2019
The International Association of Dredging Companies (IADC) yesterday announced the eighth nomination running to receive the Safety Award 2019 – Jan De Nul’s solution for protection of falling overboard from a dredger. No one knows better than the crew of a dredger where the dangers lie on board a ve
New CEO Takes Helm at Magseis Fairfield
Magseis Fairfield has appointed Carel Hooijkaas as chief executive officer, effective October 01, 2019, succeeding Per Christian Grytnes who will retire from the company. Hooijkaas has over 25 years of experience in the oilfield services and equipment industry. Most recently, he was responsible for
JFD Enhances Diver Safety with Dual Mode Bite Mouthpiece
JFD has launched a safety upgrade to its Stealth rebreathers range that should reduce the potential for incidents when switching to bail-out gas during mine countermeasures and explosive ordnance disposal (MCM-EOD) operations, as well as other underwater missions. The new dual mode bite mouthpiece i
Crondall to deliver concept select study for Pharis Energy’s Pilot field
Crondall Energy has been awarded a contract by Pharis Energy to deliver the concept select study for the operator’s heavy oil Pilot field development in the Central North Sea.
New CEO to take the helm at Magseis Fairfield
Magseis Fairfield has appointed Carel Hooijkaas as Chief Executive Officer effective October 1, 2019, succeeding Per Christian Grytnes who will retire from the company.
Frontline Extends Options for Trafigura’s Two Suezmaxes
The option for the first option Suezmaxes was extended to September 18.
Providence in ‘urgent need for additional working capital’
Due to delays by its Chinese partner APEC with sending a promised loan, Irish Providence Resources is working to raise about $3.76 million amid an urgent need for additional working capital.
Sovcomflot, NYK Line Ink Loan to Refinance LNG Carrier Duo
The loan would refinance the LNG carriers Grand Aniva and Grand Elena, servicing the Sakhalin-2 project.