Barnhart spreads 362-tonne column across two bridges
PRESS RELEASE – Barnhart has moved a 60-metre long column weighing 362 tonnes from Freeport to a fracking unit at a refinery in Texas. The column was so large that the company had to use...Read more
Boskalis buys Ardent Americas to expand US salvage business
PRESS RELEASE – Boskalis has acquired maritime emergency response specialist Ardent Americas to expand its presence in the US salvage market. Ardent Americas acts under the Oil Pollution Act of 1990 (OPA90) for the provision of...Read more
OPEC+ agrees on record production cut
OPEC and its allies have agreed to cut oil production by 9.7 million barrels per day starting May 1st. The record cut is aimed at stabilizing the oil price which has dropped dramatically due to...Read more
Oil prices jump 20% after Trump tweets about production cuts
Oil prices have jumped by over 20% to USD 31,62 (Brent) after Saudi Arabia called for an emergency of OPEC and its allies including Russia and President Donald Trump tweeted about possible production cuts of...Read more
Geodis creates air and rail services for urgent shipments
PRESS RELEASE – Geodis has established a number of air charter services to assist cargo owners with urgent shipments between China, Europa and the United States during the ongoing Coronavirus crisis. Rail alternatives are also...Read more
Roll-Lift and ATCO deliver engines in Aruba for Martin Bencher Group
PRESS RELEASE – Roll-Lift USA and ATCO have moved six Wärtsilä engines in Aruba for freight forwarder Martin Bencher group. Martin Bencher Group arranged the overall planning and shipping of the engines from the USA to...Read more
Demand growth for multipurpose shipping wiped out by coronavirus
There’s little chance left that multipurpose and heavy-lift vessels will see any demand growth this year following the outbreak of the coronavirus. “Any anticipated recovery will not be sufficient to offset contractions of the first...Read more
DSV opens cargo air bridge between US and China
PRESS RELEASE – DSV has opened a new air cargo service between Shanghai and Huntsville, Alabama in response to the decrease in the daily airfreight capacity as a result of the coronavirus. Due to the...Read more
US wind market drives project cargo growth in Duluth
PRESS RELEASE – A rise in project cargo pushed the total cargo volume in the Port of Duluth to 33.5 million tonnes in 2019. Thanks to a growing US wind industry, the handling of project...Read more
Intermarine reopens for business with three Americas services
Intermarine has reopened its doors for business launching three services covering the US Gulf, the Caribbean and South America. Intermarine disappeared as a brand following a merger with Zeaborn to form Zeamarine in 2018. The...Read more
United O7 readying to open US office in Houston
United O7, the joint venture of United Heavy Lift and Ocean7 Projects, is readying to open a new joint office in Houston. “We are slowly moving forward and finding customers for our ships”, says managing...Read more
Ørsted establishes offshore base in Portsmouth, Virginia
PRESS RELEASE – Ørsted has signed an agreement to lease a portion of the Portsmouth Marine Terminal in Virginia, US. The firm will use the terminal for its work on the Coastal Virginia Offshore Windfarm...Read more
US offshore wind investments could overtake offshore oil and gas by 2025
Installed offshore wind capacity in US waters could reach 20GW by 2030 and annual investments in the sector could surpass USD 15 billion by the mid-2020s. That would mean capital expenditure in US offshore wind...Read more
Siemens Gamesa set for giga growth in US with major contract
Siemens Gamesa Renewable Energy (SGRE) has been selected as the preferred turbine supplier for the massive 2,64 GW Dominion Energy Virginia Offshore Wind project in the USA, the largest offshore wind power project in the...Read more
Allseas CEO: “Stopping Nordstream 2 hurts our honour”
In a rare interview, Allseas CEO Edward Heerema said stopping Nordstream 2 was first and foremost damaging to the company’s sense of honour. “It’s a disappointment, we really wanted to take credit for it”, he...Read more
OPEC agrees on further production cuts
OPEC and its partners have agreed to further cut production by 500,000 barrels per day in the first quarter of 2020, bringing their new combined cuts to 1.7 million barrels per day. The decision was...Read more
Port of Brownsville set to welcome USD 39 billion in LNG investments
PRESS RELEASE – The Port of Brownsville is one step closer to welcoming three new LNG projects with an investment totalling USD 38.75 billion after the Federal Energy Regulatory Commission (FERC) approved their proposals today...Read more
Bernhard Schulte and MidOcean Wind extend US cooperation
PRESS RELEASE – Bernhard Schulte Offshore GmbH and MidOcean Wind LLC have entered into a joint venture to build and operate support vessels for the U.S. offshore wind industry and explore opportunities in other sectors...Read more