Lady Gaga famously sang that she was “on the edge of glory”. This week, we look at four companies on the edge of….well, something. Let’s check in on two construction companies, a subsea mining venture, and our favourite wind turbine installer. McDermott on the edge Finally, a judge in the UK has...
Seabed Mining
COLUMN | Solstad Offshore and Aker Capital: circular reasoning and circular dealmaking [Offshore Accounts]
Offshore is a cyclical industry; when assets are at their cheapest, nobody wants to buy them, and nobody will lend money to acquire offshore vessels and rigs. If only I had had the foresight to buy Tidewater stock in May 2020 when it traded below US$5 per share, as opposed to US$68 on Friday. But...
COLUMN | “Not a matter of if, but when”: Subsea mining on hold, for now; Teddy goes to St Petersburg; Safer gets safer [Offshore Accounts]
It has been a rollercoaster couple of months for seabed mining pioneer The Metals Company. For most of the last year, the company’s share price languished below one ..
COLUMN | Namcor’s woes as chair arrested for drugs and managing director suspended over Angolan deal: will Namibia emulate Nigeria or Norway? [Offshore Accounts]
This Easter, after looking at three companies that experienced miracles last week, we move to an entire country that stands on the cusp of a miraculous transformation: Na ..
COLUMN | Quick updates: Maersk Supply Service sold; The Metals Company borrows from Allseas as seabed mining negotiations get tense; Cadeler and Eneti report; Scottish Ferries report reveals ̶g̶r̶o̶s̶s̶ ̶n̶e̶g̶l̶i̶g̶e̶n̶c̶e̶ significant failings [Offshore Accounts]
It has been nearly six months since we whacked out one of our quick updates (last one here), so it is time to whip through the latest developments in our favourite compan ..
OPINION | The UN High Seas Treaty: maintaining biodiversity?
The December 7-19, 2022, UN Biodiversity Conference of the Parties (COP 15) in Montreal, Quebec, led to an agreement to protect 30 per cent of land and oceans by 2030 and ..
The post OPINION | The UN High Seas Treaty: maintaining biodiversity? appeared first on Baird Maritime.
COLUMN | Mining marriage made in heaven? DEME and Transocean co-operate in deep ocean minerals – new drillship conversion imminent after Allseas’ proof of concept [Offshore Accounts]
Some seriously odd things have been happening with everyone’s favourite penny stock deepsea mining player, The Metals Company. On January 31, Gerard Barron’s speculat ..
[Watch] Ocean Contamination Footage Sheds Light On Deep-Sea Mining
Scientists’ allegations that “uncontrolled and unscientific” techniques emphasise the risks of moving further with seabed mining are refuted by the company.
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Source: Guardian
The post [Watch]...
https://mfame.guru/watch-ocean-contamination-footage-sheds-light-on-deep-sea-mining/
COLUMN | The Metals Company: dilution in action as founders file to sell their shares in the seabed miner [Offshore Accounts]
What did we spy on the last trading day before Christmas 2022? Not Santa sliding down a chimney, but shares in a leading subsea mining company sliding hard to a record lo ..
VESSEL REVIEW | Lucky Star 168 – Large tin ore mining dredger for Indonesian owner
Chinese builder Shandong Haohai Dredging Equipment, operating under the HID Dredger brand, recently handed over a new dredger to an unnamed client in Indonesia. Lucky Sta ..
The post VESSEL REVIEW | Lucky Star 168 – Large tin ore mining dredger for Indonesian owner appeared first on Baird Maritime.