Business & Finance
PHOTO: DEME Dredgers Working in Africa
DEME Group has just unveiled this photo from a challenging port expansion project completed in Ghana. Building on the company’s previous success in the region, in 2017, DEME was awarded several new contracts in Africa with a total value of approximately EUR 125 million. The contracts were awarded fo
CMA CGM Pledges Not to Use the Northern Sea Route
Saadé said that none of CMA CGM’s 500 vessels will use the Northern Sea Route along Siberia.
Color Line’s Color Hybrid Named in Norway
The vessel started sailing on its route from Sandefjord, Norway to Strömstad, Sweden as of August 16, 2019.
Ocean Yield Buying New Handysize Bulker with Long-Term Charter
The bulker has a 10-year bareboat charter to a company owned and guaranteed by Interlink Maritime Corp.
Readers’ Picks of the Week (Aug 19 – 23, 2019)
Here are the most popular news from last week.
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (August 19 – 25, 2019). HAM 318 Delivers Last Load of Sand at Walcott North Norfolk District Council has just announced that the last load of sand for the Bacton to Walcott Sandscaping project was pumped at Walcot
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (August 19 – August 25). https://subseaworldnews.com/2019/08/21/adnoc-dishes-out-3-6b-in-deals/ https://subseaworldnews.com/2019/08/20/subsea-7-eyes-fresh-ideas-with-engineering-conversion-programme/ h
Highlights of the Week
MarineEnergy.biz has compiled the top news from marine energy industry from August 19 – August 25, 2019. https://marineenergy.biz/2019/08/20/mocean-picks-c-gen-tech-for-its-wave-energy-demo/ https://marineenergy.biz/2019/08/19/bangor-uni-secures-funds-to-set-up-green-energy-data-hub/ https://marinee
The SamueLNG Conference Postponed Until Later in the Year
The one-day SamueLNG Conference, scheduled for 25-26 September in Saint-Nazaire, France, has been postponed and will take place, at a later date to be announced, at the same venue. The event, which is the culmination of the EU co-funded project S/F SamueLNG, will present the main challenges and resu
DOF Subsea Returns to Profit as Group Seeks Refinancing Deal
DOF Subsea, a subsidiary of DOF Group, reported profit in the second quarter of 2019 of NOK 14 million ($1.5 million), compared to loss of NOK 292 million ($32.4 million) in the corresponding period in 2018. Year-to-date result for 2019 came out negative, with loss of NOK 10 million ($1.1 million),
Klaveness’ CLEANBU in Wet-Dry Cargo Switch
The company’s 83,600 dwt Baru converted from tanker to dry bulk mode after cleaning ops.
Croatia Gives 3. Maj Guarantees for up to USD 22.5 Mn Loan
The state guarantee will allow the shipyard to seek loans from banks.
StealthGas to Add Two LPG Units to Its Fleet
The acquisitions marked the company’s expansion into new areas of LPG.
Frontline Buying Up to 14 Suezmax Tankers from Trafigura
The company signed a deal to purchase ten 2019-built tankers, with options for four more units.