Company & People News/Dredge Mining
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More Red Ink for Mermaid

Singapore

Subsea and drilling services provider Mermaid has reported net loss of $10.3 million for the three-month period ended 31 March 2020.This result compares with loss of some $4 million in the...

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Noble Corp. CEO Transitions to Executive Chairman Role

United Kingdom

Noble Corporation said on Thursday that it had executed the leadership transition plan announced in February 2020.Effective Thursday, Julie J. Robertson has assumed the newly created role of executive...

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First Female President For UK Marine Body

United Kingdom

A UK marine organisation has appointed its first female president to drive its growth.The United Kingdom Harbour Masters Association (UKHMA) has confirmed Association vice president and president...

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Leask Marine engineer named finalist in Scottish Renewables Young Professionals Green Energy Awards

Scotland, United Kingdom

Orkney-based marine renewables contractor Leask Marine will see its engineer Elsa Ramírez run for one of the Scottish Renewables Young Professionals Green Energy Awards.Elsa Ramírez serves as Leask...

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Short-Term Loan Steadies Troubled FSG

Germany

A short-term loan of €5 million is helping insolvent German shipyard Flensburger Schiffbau-Gesellschaft (FSG) to prepare for a resumption of suspended shipbuilding activity this summer, writes Tom...

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German shipbuilders and equipment suppliers brace for ordering slump

Germany

Due to the economic impact from the ongoing COVID-19 pandemic, the German Shipbuilding and Ocean Industries Association (VSM) expects the demand for the construction of new ships to be low for a...

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Frontline reports strong quarter, postpones scrubber installations

Bermuda

John Fredriksen controlled tanker giant Frontline Ltd. reported first quarter results that included net income of $165.3 million compared with $40.1 million in the same quarter of 2019.“Frontline...

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Roxtec UK names new marine and offshore manager

United Kingdom

Roxtec UK is increasing its presence in Britain’s maritime sector with the appointment of Mark Whelan as a new marine and offshore manager.Whelan will have responsibility for business development...

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DOF and DOF Subsea reach debt standstill deals

Norway

DOF and DOF Subsea have entered into standstill agreements with secured lenders, representing 93 per cent of the secured debt.Pursuant to said agreements, the companies will suspend payments of...

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Damen Delivers Complete Package For Korean Multi-Purpose Vessel

Netherlands

Damen Shipyards Group has signed an agreement with Korean yard Hanjin Heavy Industries and Construction (HHIC) to deliver a complete components package. The package includes all equipment for oil...

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Wärtsilä tech picked for Japanese LNG-fueled ferries

Finland

The Finnish technology group Wärtsilä secured a deal to supply solutions for two Japanese newbuild LNG-fueled ferries.Specifically, Wärtsilä will provide a complete LNG package, comprising the 31DF...

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Wärtsilä tech picked for Japanese LNG-fueled ferries

Finland

The Finnish technology group Wärtsilä secured a deal to supply solutions for two Japanese newbuild LNG-fueled ferries.Specifically, Wärtsilä will provide a complete LNG package, comprising the 31DF...

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Wärtsilä tech picked for Japanese LNG-fueled ferries

Finland

The Finnish technology group Wärtsilä secured a deal to supply solutions for two Japanese newbuild LNG-fueled ferries.Specifically, Wärtsilä will provide a complete LNG package, comprising the 31DF...

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Merkur ownership change completed

Netherlands

The Renewables Infrastructure Group Limited (TRIG) and the Dutch pension investor APG have completed the acquisition of the 396 MW Merkur offshore wind farm.The consortium comprising of funds...

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Important Milestone Bokalift 2 Crane Vessel Conversion

Netherlands

Royal Boskalis Westminster N.V. (Boskalis) is pleased to announce an important milestone in the conversion project of its new crane vessel Bokalift 2. Yesterday, a steel cutting ceremony took place at...