Company & People News/Dredge Mining
Article Image

SeaTwirl names new CEO

Sweden

The Board of Directors of Swedish wind power company SeaTwirl has appointed Peter Laurits, Vice Chairman of the Board, as the company’s new CEO, effective immediately. With Laurits now taking the...

Article Image

MAN Energy joins forces with Imabari-led team to develop aluminum-powered ships

Germany

German engine builder MAN Energy Solutions has partnered up with Japanese shipbuilder Imabari Shipbuilding, ClassNK classification society, Mitsui E&S Machinery, and energy trading firm of...

Article Image

EMEC appoints commercial director

Scotland, United Kingdom

The European Marine Energy Centre (EMEC) has appointed Matthew Finn as commercial director.Matthew has worked in the ocean energy sector for the last 14 years. In his previous role as EMEC’s...

Article Image

Damen Ferries marks two decades with a keen eye on a sustainable future

Netherlands

Damen Ferries marks two decades with a keen eye on a sustainable future Damen Shipyards Group has marked the twentieth anniversary of its ferries department. At the start of the new millennium,...

Article Image

Arcadis shareholders re-appoint Deanna Goodwin as Supervisory Board member

Netherlands

Amsterdam, 6 May 2020 – Arcadis (EURONEXT: ARCAD), the leading global Design & Consultancy organization for natural and built assets, confirms that all resolutions that were brought up for vote...

Article Image

Navios Acquisition unveils sale and leasebacks for tanker quartet

Greece

Tanker owner and operator Navios Maritime Acquisition Corporation has announced $76.7 million sale and leaseback deals linked to the company’s four product tankers. In April 2020, Navios...

Article Image

GasLog CFO steps down

Greece

LNG shipper GasLog said that its chief financial officer (CFO) Alastair Maxwell has decided to step down from his position. Following the company’s decision to base its senior management in Greece,...

Article Image

Enbridge selling part of stake in French offshore wind projects

France

Enbridge is selling 49% of its 50% stake in Éolien Maritime France (EMF), the developer of three offshore wind projects in France, to the Canada Pension Plan Investment Board (CPP Investments).After...

Article Image

Euronav posts massive surge in Q1 profit

Belgium

Antwerp-based tanker shipping company Euronav is reaping large profits from strong underlying tanker dynamics having reported $225.6 million of profit in the first quarter of 2020.The figure is a...

Article Image

Norwegian Cruise Line secures over $2 billion in added liquidity

Norway

Easing many of the concerns raised in an SEC filing that we reported on earlier, Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) today reports that it has successfully secured over $2 billion of...

Article Image

Jan De Nul Group 2019: Solid performances ensure broad support

Belgium

Diversification contributes to a solid financial performance In line with previous years, 2019 remained a challenging year for international dredging activities. Market conditions have not yet...

Article Image

Hapag-Lloyd CEO: We are well-positioned to weather the storm

Germany

The COVID-19 pandemic seems to have shattered the ability of analysts to predict the outlook for the global economy putting a veil of uncertainty on different market prospects including shipping....

Article Image

Norden had its best first quarter since 2015

Denmark

Although the first quarter of this year was characterised by weak spot rates in dry cargo and strong spot rates in tankers, Danish shipping company Dampskibsselskabet Norden A/S delivered an...

Article Image

GMS rejects takeover offer from Seafox

United Arab Emirates

Abu Dhabi-based Gulf Marine Services (GMS) has turned down a USD 32 million takeover offer from Seafox International saying that the offer ”fundamentally undervalues GMS”.As reported earlier, Seafox...

Article Image

Nexans extends Polar King charter

Norway

GC Rieber Shipping has agreed with Nexans to extend the charter of the construction support vessel (CSV) Polar King.The extension is valid for additional two months, making the charter firm until...