Scorpio Bulkers, Inc. (NYSE: SALT) (the “Company”) announced today that Scorpio Services Holding Limited (“SSH”), a related party, has purchased 130,000 common shares of the Company at an average price of $11.22 per share in the open market. The Company currently has 12,386,880 common shares outstanding, of which SSH and its affiliates own 2,982,751 or …
Courtesy: Solstad Offshore Solstad Offshore said that Petrobras has extended the current contract of RSV Far Saga for a period of one year and picked up another vessel for operations in Brazil. According to Oslo-listed Solstad, the contract starts on Friday, 30 October 2020. The Far Saga has been operating in Brazilian waters since 2014. …
Oceaneering has reported a net loss of $79.4 million on revenue of $440 million for the third quarter 2020. Adjusted net loss was $17.6 million, reflecting the impact of $68.7 million of pre-tax adjustments ($40 million impairment) and $6.3 million of discrete tax adjustments. Compared to a year-ago period, Oceaneering booked net loss of $25.5 …
The construction has kicked off on the world’s longest subsea road tunnel and the second Jiaozhou Bay tunnel in China. The launch ceremony took place in Qingdao’s West Coast New Area on October 29, bringing together leaders and experts from government, academia, as well as Qingdao Conson Development. Qingdao Conson Development began preliminary research on …
Chinese start building the world’s longest subsea road tunnel Read More »
The US National Science Foundation (NSF) has approved a $53 million grant to a consortium of the country’s top ocean-research institutions to build a global network of chemical and biological sensors that will monitor ocean health. Scientists at the Monterey Bay Aquarium Research Institute (MBARI), University of Washington, Scripps Institution of Oceanography at UC San …
$53M project to deliver worldwide fleet of robotic ocean-monitoring floats Read More »
Visser & Smit Hanab has secured a contract by Van Oord to perform inter-array cable termination and testing work at the Windpark Fryslân nearshore wind farm in the Netherlands. The routing, termination and testing activities will commence as soon as the cable installation starts. Visser & Smit Hanab is also in charge of installing the …
Visser & Smit Hanab bags another Windpark Fryslân contract Read More »
The Australian company Wave Swell Energy has launched the substructure for its King Island wave energy demonstration project. The substructure for the Wave Swell Energy’s device (Screenshot; Wave Swell Energy video) The substructure is ready for its upcoming maiden voyage, Wave Swell Energy informed through social media. It will form part of the 200kW wave …
Wave Swell Energy advances 200kW wave energy demo Read More »
Lloyd’s Register [LR] has launched a dedicated centre of excellence to accelerate decarbonisation of the world of shipping. The Maritime Decarbonisation Hub, a joint initiative between Lloyd’s Register Group and Foundation, brings together thought leaders and experts with the aim of helping the maritime industry design, develop and commercialise the pathways to future fuels required for …
Lloyd’s Register launches Maritime Decarbonisation Hub Read More »
As crews began returning to U.S. Gulf of Mexico offshore facilities on Thursday following Hurricane Zeta, companies are feeling this year’s repeated oil and gas production halts. Eight named storms entered the U.S. Gulf of Mexico this year, most becoming major storms that required offshore facility evacuations or temporary shutdowns. Erik Milito, president of the …
Hurricane shutdowns bite U.S. oil and gas output Read More »
United Wind Logistics (UWL) has taken delivery of the second of the two deck carriers on long-term charters with MHI Vestas Offshore Wind. Source: UWL MV BraveWind is the sister vessel to MV BoldWind, which was delivered earlier this year. Both vessels were built at Jiangsu Zhenjiang Shipyard in China. MHI Vestas will use the …
Second MHI Vestas deck carrier en route to Europe Read More »
