Company & People News/Dredge Mining
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Deep Dig-It trencher buries cables more than 5 metres below the seabed to connect offshore wind farms

Netherlands

Rotterdam, the Netherlands, 6 March 2020 - TenneT is building the Hollandse Kust (South) offshore grid to the north of the Maasvlakte, to connect new wind farms. Four cables will have to be routed...

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Boskalis Publishes 2019 Annual Report And Sustainability Report

Netherlands

Papendrecht, 5 March 2020 Royal Boskalis Westminster N.V. (Boskalis) has published both its Annual Report 2019, which includes the new corporate business plan 2020-2022, and its Sustainability...

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Boskalis Full Year Result Boosted By Good Second Half Year

Netherlands

Papendrecht, 5 March 2020?HIGHLIGHTS 2019Revenue: EUR 2.6 billionEBITDA: EUR 376 millionEBIT: EUR 111 millionNet profit: EUR 75 millionRecord high order book: EUR 4.7 billionNet debt-free: EUR 26...

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Arcadis starts buyback program to repurchase up to 3 million shares

Netherlands

Amsterdam, 06 March 2020 - Arcadis (EURONEXT: ARCAD), the leading global Design & Consultancy organization for natural and built assets, today announced the start of a share buyback program to...

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Arcadis’ gender-equal workplace

Netherlands

Arcadis, has been recognised as an Employer of Choice for gender equality, by the Workplace Gender Equality Agency (WGEA) for the third year consecutively.The WGEA EOCGE is a voluntary citation that...

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Seanergy Secures USD 30.6 Mln in Refinancing

Greece

Pure-play Capesize shipowner Seanergy Maritime Holdings has received a commitment from one of its existing lenders to extend the maturity of two loan facilities totaling USD 30.6 million.The loan...

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Wärtsilä to reorganize marine business

Finland

Wärtsilä says it has decided to reorganize its marine business into three independent businesses: Marine Power, Marine Systems and Marine Voyage. They will be operational as of July 1, 2020.Marine...

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Norden Reports Its Best Quarterly Result in 5 Years

Denmark

Danish shipping company Norden wrapped up 2019 with profit that was driven by a strong performance in the fourth quarter.The adjusted result for Norden in Q4 2019 amounted to USD 31 million, making it...

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Frontline Raises Cash to Finance Ten Trafigura Suezmaxes

Bermuda

Bermuda-based shipping company Frontline has signed a sale-and-leaseback agreement in an amount up to USD 544 million with China’s ICBC Financial Leasing Co., Ltd. (ICBCL).As informed, the proceeds...

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Euronav Buying 4th Scrubber-Fitted VLCC Newbuild

Belgium

Belgian tanker company Euronav has entered into an agreement for the acquisition of one VLCC newbuilding contract through a resale. Currently completing construction at the DSME shipyard in South...

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New Chairman For Daniel Adamson

United Kingdom

After leading the 'Daniel Adamson' restoration project for 16 years, the man who saved the 1903-built steam tug-tender from the breaker’s torch for £1 has stepped down as chairman.Following a...

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CFO Sarah Kuijlaars leaves Arcadis

Netherlands

Amsterdam, 4 March 2020 - Arcadis (EURONEXT: ARCAD), the leading global Design & Consultancy organization for natural and built assets, today announced the resignation of Sarah Kuijlaars, Chief...

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Jifmar Expands Further In Scotland

France

French-owned Jifmar Offshore Services has increased its presence in Scotland with the acquisition of Shetland-based Delta Marine.This new addition for Jifmar comes a year after the similar...

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Wartsila-Led Consortium to Raise Fuel Efficiency in EU-Funded Project

Finland

Finnish technology group Wärtsilä, together with a consortium of six other industry and academic partners, has been awarded EU funding for a major project aimed at reducing fuel consumption and...

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Maersk Launches USD 1.5 Bn Share Buyback Program

Denmark

Danish A.P. Møller – Mærsk A/S has decided to initiate a share buy-back program of up to DKK 10 billion (around USD 1.5 billion).The company said that the buyback would cover a maximum of 3.12...