Britain To Build A ‘National Flagship’ To Promote Maritime Trade
by Alistair Smout (Reuters) – Britain is to build a new flagship to promote its business and trade interests around the world, the government said on Saturday, in a move it...
Dutch heavy lift operator Dockwise announced today that it has been awarded 10 new contracts and contract extensions for the mobilization of six drilling rigs, the transportation of a pipe-lay vessel and transfer station, and the transportation of a hull for a floating production structure. The total value of these new contracts is reportedly near USD $56 million.
AndrÃ© GoedÃ©e, CEO of Dockwise said: “Utilization is increasing slowly but pricing levels remain competitive. We currently observe a general market tendency of delays in the completions of a number of larger projects, including some on which we are actively engaged. These delays could impact timing of the conversion of backlog into revenues. We remain encouraged in seeing that no longer term oil & gas projects have been withdrawn and tender activity is unabated.”
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