Equipment
APM Terminals Posts Strong Results
APM Terminals’ focus on delivering competitive solutions in the market translated into strong first quarter performance. The company announced a profit of USD 215m (USD 166m). ROIC was 14.0% (12.0%). Profit, excluding divestment gains and impairment losses, was USD 217m (USD 161m). Container volumes
Plexus to Supply Shell China with POS-GRIP Wellhead Technology
Plexus Holdings PLC, the owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering has received a Letter of Award for its first contract with Shell China Exploration and Production Company Limited, a subsidiary of Royal Dutch Shell plc. The contract, which is subject to finalis
UK: National Oceanography Centre Partners with IMarEST
The National Oceanography Centre (NOC) announced a two-year partnership with the Institute of Marine Engineering Science and Technology (IMarEST). Engaging with the global marine industry topped NOC’s reasons for partnering the Institute which counts 15,000 marine professionals from more than 100 co
Ezra wins $95M in offshore services contracts
Ezra Holdings Limited, a contractor and provider of integrated offshore solutions to the oil and gas industry, has been awarded contracts around the world and across its Subsea Services and Offshore Support Services divisions totalling more than US$95 million. Ezra’s Subsea Services arm, EMAS AMC, c
Grand Encampment Island Dredging Scheme About to Commence (USA)
The U.S. Army Corps of Engineers, St. Paul District, in cooperation with the U.S. Fish and Wildlife Service, will remove about 500,000 cubic yards of dredged material from the Grand Encampment island placement site in Buffalo County, starting this week. The Corps’ contractor, Black River Constructor
Ecology: USD 11 Million in Grants to Help Prevent Flood Damage (USA)
Floods cause more damage than any other natural disasters in Washington. The Department of Ecology has awarded nearly $11 million in grants to recipients across the state to help prevent damage in flood-prone communities. Grants reach from Silverdale on Kitsap Peninsula east to Yakima County and nor
Plexus expands services to Asia with Shell contract
Plexus Holdings PLC has received a Letter of Award for its first contract with Shell China Exploration and Production Company Limited (SCEPCO), a subsidiary of Royal Dutch Shell plc (‘Shell’). The contract, which is subject to finalisation of terms, is for the supply of 15,000psi high pressure high
Rowe’s Current Profilers to Be Used in WPOS
Rowe Technologies recently delivered 12 acoustic Doppler current profilers to be used in the Western Pacific Ocean System project. WPOS was developed by the Chinese Academy of Science Institute of Oceanology in Qingdao and will monitor the Kuroshio Current, a north flowing ocean current situated in
USA: Great News for JAXPORT Dredging and Mile Point Project
Congressman Ander Crenshaw, Chairman of the House Financial Services and Government Affairs Appropriations Subcommittee, yesterday lauded House passage of the Water Resources Reform and Development Act Conference Report (HR 3080) as a giant step forward for job creation and economic growth in Northe
Prysmian Secures Major Subsea Grid Contract for OWP Cluster
Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded by 50Hertz Offshore GmbH a subsidiary of 50Hertz Transmission GmbH, operator of transmission grids in Germany a new contract worth approximately up to € 730 million (including options for grid connections
VIDEO: Congressman Applauds House Passage of Water Resources Bill
Oregon’s small ports are a step closer to millions of dollars in new dredging funds, after House lawmakers overwhelmingly approved the Water Resources Reform & Development Act of 2014. The bill, which authorizes funding for Army Corps of Engineers navigation, flood control and environmental restorat
‘Wind Server’ Gets Its Fourth and Last Jack-up Leg
Nordic Yards has announced that the fourth and last steel jack-up leg was settled into its jacking position on the wind turbine service vessel ‘WIND SERVER’, currently under construction at Nordic Yards in Wismar for Danish customer DBB Jack-Up Services. During the past eight days the four huge stee
Florida Ports Council: Passage of WRRDA Report is Huge Step Forward
The Florida Ports Council congratulated the U.S. House of Representatives for approving the bipartisan Water Resources Reform & Development Act (WRRDA) conference report 412-4. The next step will be for the report to be heard by the U.S. Senate. The Florida Ports Council has been in Washington D.C.
USA: BOEM, New York State Ink Agreement to Identify Sand Resources
As part of President Obama’s continuing commitment to help coastal communities recover from Hurricane Sandy and promote resilient coastal systems, the Bureau of Ocean Energy Management (BOEM) and the State of New York have signed a cooperative agreement totaling $400,000 to identify sand resources f