Underwater Shipping

Fugro Trading update Q1 2022

Strong revenue and backlog growth

Improved EBIT and cash flow

  • Revenue increased by 23.3% supported by high client demand in energy and infrastructure markets
  • Overall margin improvement in a seasonally weak quarter
  • Free cash flow was negative EUR 7.2 million; a significant year-on-year improvement
  • 12-month backlog is up by 27.8% to EUR 1,164 million
  • Outlook full-year 2022: continued revenue growth and further margin expansion.

NOTE: SEE ATTACHED PDF for KEY FIGURES

Mark Heine, CEO: “We experience...

https://allaboutshipping.co.uk/2022/04/22/fugro-trading-update-q1-2022/

Fugro USV Project Team wins Energy Industry Game Changer Award

Fugro USV Project Team wins Energy Industry Game Changer Award

2021 Energy Club WA Award winners, courtesy of Energy Club WA

Fugro’s Blue Essence uncrewed surface vessel (USV) has been awarded the Energy Industry Game Changer Award at the 2021 Energy Club WA Award, an initiative of the Australian Institute of Energy (AIE). The award is presented to an individual or team who have made an outstanding contribution to the energy industry resulting in significant advancement of the industry’s...

https://allaboutshipping.co.uk/2022/03/02/fugro-usv-project-team-wins-energy-industry-game-changer-award/

Fugro joins UN Ocean Decade Alliance to advance global marine science agenda

Fugro joins UN Ocean Decade Alliance to advance global marine science agenda

Fugro is now a member of the Ocean Decade Alliance. Image courtesy of Ocean Image Bank, Kimberley Jeffries

Fugro has accepted an invitation from the Intergovernmental Oceanographic Commission of the United Nations Educational, Scientific and Cultural Organisation (IOC-UNESCO) to join the Ocean Decade Alliance (the ‘Alliance’). Comprising an eminent network of global leaders and institutions, the Alliance aims to catalyse...

https://allaboutshipping.co.uk/2022/02/15/fugro-joins-un-ocean-decade-alliance-to-advance-global-marine-science-agenda/

IMO Meeting summary: Sub-Committee on Ship Design and Construction (SDC 8), 17-21 January 2021

IMO Meeting summary: Sub-Committee on Ship Design and Construction (SDC 8), 17-21 January 2021

The Sub-Committee on Ship Design and Construction (SDC 8) was the first IMO meeting of 2022. You can find the full programme for 2022 here: https://www.imo.org/en/MediaCentre/MeetingSummaries/Pages/default.aspx

Reducing underwater noise from ships

The IMO Sub-Committee on Ship Design and Construction (SDC 8), which met in remote session 17-21 January 202, began its work to review the 2014 Guidelines for...

https://allaboutshipping.co.uk/2022/01/27/imo-meeting-summary-sub-committee-on-ship-design-and-construction-sdc-8-17-21-january-2021/

Ancient Greeks: Science and Wisdom par excellence

Ancient Greeks: Science and Wisdom par excellence

What a way to start your day that was this morning at the Science Museum in London where we had the chance and privilege of a press and media preview of a historic exhibition!

It was indeed a re-discovery of how Greece’s ancient civilisation questioned, contemplated and debated the natural world of Planet Ocean. For us in the shipping industry an unforgettable exhibition on all counts.

Julia Knight introducing the event

I am sure thousands will...

https://allaboutshipping.co.uk/2021/11/16/ancient-greeks-science-and-wisdom-par-excellence/

SUT’s Gwyn Griffiths underwater Robotics Award Winner Announced: Nominations now open for 2022

SUT’s Gwyn Griffiths underwater Robotics Award Winner Announced: Nominations now open for 2022

Aleksandra Tomaszek

Operator demand was what stimulated Aleksandra Tomaszek, the winner of the inaugural Society for Underwater Technology (SUT) Gwyn Griffiths Underwater Robotics Award 2021, to become interested in robotics.

The inaugural award received high-calibre international nominations, with Aleksandra Tomaszek, COO and Co-Founder of Aberdeen-based 1CSI selected as the 2021 winner

Gwyn Griffiths...

https://allaboutshipping.co.uk/2021/11/09/suts-gwyn-griffiths-underwater-robotics-award-winner-announced-nominations-now-open-for-2022/

IMCA speaking on diving and environmental sustainability at NUI in Bergen

IMCA speaking on diving and environmental sustainability at NUI in Bergen

Bryan McGlinchy

The International Marine Contractors Association (IMCA) will be updating delegates at The Bergen International Diving Seminar, taking place 9-10 November on diving activities and on fulfilling environmental sustainability expectations. 

On Day 1, Bryan McGlinchy, IMCA’s Diving Manager will be talking about the changes and expansion of the IMCA diving technical team and explaining the ongoing technical support...

https://allaboutshipping.co.uk/2021/11/02/imca-speaking-on-diving-and-environmental-sustainability-at-nui-in-bergen/

SUT launches introduction to offshore Geophsics & Geotechnical Engineering virtual course

SUT launches introduction to offshore Geophysics & Geotechnical Engineering virtual course

Cheryl Burgess, SUT’s Chief Executive

The Society for Underwater Technology (SUT) has launched a virtual introductory course on offshore site investigation and geotechnical engineering in the offshore environment. This is the online equivalent of the face-to-face course successfully run by the Society’s Offshore Site Investigation Group (OSIG) for a number of years. The online course is spread over four...

https://allaboutshipping.co.uk/2021/10/26/sut-launches-introduction-to-offshore-geophsics-geotechnical-engineering-virtual-course/

Fugro innovation delivers seabed Geo-data for South African port expansion

Fugro innovation delivers seabed Geo-data for South African port expansion

Fugro’s self-elevating platforms being positioned in Richards Bay ready for their geotechnical site characterisation for the planned port expansion

Fugro has completed a geotechnical site characterisation project for DRA Global as part of the proposed expansion of the port of Richards Bay in South Africa. DRA Global contracted Fugro to acquire critical seabed Geo-data required for the completion of preliminary engineering...

https://allaboutshipping.co.uk/2021/10/26/fugro-innovation-delivers-seabed-geo-data-for-south-african-port-expansion/

Fugro wins 2-year contract for remote positioning services off Indian west coast

Fugro wins 2-year contract for remote positioning services off Indian west coast

A Fugro colleague provides onboard Geo-data survey and positioning support using one of Fugro’s remote solutions

OCS Services Pvt. Ltd (OCS), one of India’s leading marine service providers, has awarded Fugro a 2-year contract to support its asset integrity and corrosion management operations off the west coast of India. The contract was awarded based on Fugro’s offshore operational excellence and successful track...

https://allaboutshipping.co.uk/2021/10/20/fugro-wins-2-year-contract-for-remote-positioning-services-off-indian-west-coast/

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