Subsea equipment specialist Motive Offshore has reported a successful first half of the year, despite the effects of the global pandemic. Motive Offshore In addition to completion of pre-COVID project awards, the company has won a number of contracts during the past five months. These awards should set to see the Banff-headquartered company end the …
SMi reports: As the 3rd annual Defence Safety Conference will be taking place on 5th – 6th October, interested parties are urged to register their place as soon as possible SMi Group’s 3rd annual Defence Safety Conference will commence in just four weeks’ time on 5th – 6th October 2020 to examine the protection of …
Registration for Defence Safety Conference 2020 will be closing in just four weeks Read More »
Scottish Borders Council’s (SBC) planning committee has approved plans for the operations and maintenance (O&M) building in Eyemouth for the Neart na Gaoithe (NnG) offshore wind farm. The planning permission is for a new, three-story 1,040m2 main building and a two-story 538m2 storage warehouse. The O&M building, designed by Corstorphine + Wright Architects, will house …
The ongoing oil pollution incident from the grounded 203,000 DWT bulk carrier “MV Wakashio” is threatening an ecological catastrophe around the Indian Ocean island of Mauritius, endangering corals, fish and other marine life already under threat from climate change (IPCC 2018). In addition, it risks bringing devastating consequences for the economy, food security, health and …
Bahri, a global leader in logistics and transportation, today announced that it took delivery of its new dry-bulk carrier ‘Alanood’ on August 31, making it the second newbuild vessel to join the company’s market-leading fleet this year. The Kamsarmax-class carrier lifts the number of Bahri’s dry-bulk fleet to seven, cementing its reputation as a leading …
Bahri boosts dry-bulk fleet with newbuild Alanood Read More »
Solstad Offshore has signed an agreement with Ørsted to deploy construction support vessel (CSV) Normand Jarl on the Greater Changhua 1 & 2a offshore wind project in Taiwan. Normand Jarl is scheduled to begin working offshore Taiwan in the second quarter of 2021. The firm period on the contract is 15 months with options to …
Ørsted hires Solstad construction support vessel for Taiwanese work Read More »
The Aberdeen-based subsea controls engineering division of SEA, a subsidiary of technology group Cohort, has undergone a management buyout as it looks to grow its core business in the North Sea. Since the divestment completed, the company has reverted to a new version of its original trading name, J&S Subsea. The business now belongs to …
If your business earns so little you can still afford to pay staff but not your lenders, that’s bad. If you can’t even pay your staff without losing money, that’s really bad. Rates for larger tankers on some major trade routes just went from bad to really bad. There are two flavors of “breakeven”: operating-expense …
Supertanker spot rates are crashing down to ‘opex’ levels Read More »
The shipping industry has a steep climb ahead to meet sustainability targets, and technology and data analytics could play a part, participants at the Digital Container Summit 2020 virtual conference said this week. Shipping has a huge role to play in many of the sustainable development goals adopted by the International Maritime Organization and the …
Sustainability target an uphill task for shipping sector: conference Read More »
MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) fell slightly on Sep.04: 380 HSFO – USD/MT – 307.01 (-2.80) VLSFO – USD/MT – 353.00 (-5.00) MGO – USD/MT – 427.70 (-7.03) Meantime, world oil indexes changed irregular on Sep.04 as concern …
