Our Maritime Business Magazines

Tetrahedron is set to build a 130m prototype crane together with its consortium consisting of Jack-Up Barge BV, TNO, Shell, and GE. This after the consortium got awarded with a grant from the Dutch Government, a loan, and an investment. As offshore wind turbines keep getting bigger and bigger, new innovations arise to handle...

Ocean Energy Europe applauds the announcement of the first-ever tidal stream auction winners under the UK’s Contracts for Difference (CfD) scheme. The winning projects – Orbital Marine Eday 1 & 2, Morlais Magallanes and Meygen Phase 2 – will together generate over 40MW of electricity. With its USD 23.5 million commitment for the sector,...

With the conditional order of 103 Siemens Gamesa offshore wind turbines with up to 9MW capacity each and the start of the main soil investigation at each individual turbine location, wpd has started the realisation of the Gennaker offshore wind farm located 15km off the Baltic Sea coast near the Darß peninsula. At the...

As part of its journey towards becoming carbon neutral by 2030, without the use of offsets, Vestas is pioneering innovative solutions to reduce carbon emissions from its own operations. In collaboration with long-term supplier Windcat Workboats, Vestas is launching a pilot program to explore how the world’s first hydrogen-powered crew transfer vessel (CTV) can...

Sembcorp Marine has successfully completed the delivery of the world’s first eighth-generation drillship, the Deepwater Atlas, for Transocean’s subsidiary Triton Atlas. The completion of Deepwater Atlas marks a key milestone in Sembcorp Marine’s offshore construction track record. The vessel’s successful delivery is a testament to the group’s proven capabilities in providing innovative and pioneering...

On 29 June 2022, the North Ayrshire Council Planning Committee granted planning permission for XLCC’s HVDC subsea cable manufacturing operations in Hunterston, Scotland. Breaking ground in the coming months, the brownfield site will create a new UK industry to support global decarbonisation targets. Once fully operational, the facility will support 900 jobs in the...

As of 30 June, DEME Group is listed on Euronext Brussels (ticker code: DEME).  DEME’s mission is to work towards a sustainable future by offering solutions for global challenges: rising sea levels, a growing population, the reduction of emissions, polluted rivers and soils, and the scarcity of mineral resources needed for the energy transition....

Korean Register (KR) has signed a Memorandum of Understanding (MOU) agreeing to technical cooperation in the development and construction of offshore wind power projects with Korea Electric Power Corporation (KEPCO). KEPCO plans to build a 2.7GW offshore wind power plant by 2029, near the Korean south west coast to increase the distribution rate of...

Strohm has supplied Shell with a static Thermoplastic Composite (TCP) Riser to support operations at one of its Southern North Sea assets. The availability of TCP through Strohm’s TCP on Demand model and the ability to install end-fittings offshore enabled flexible, quick and easy installation. Strohm was able to offer a fast-track delivery (January...

Siemens Gamesa has been awarded the firm order for the delivery of 60 units of its SG 14-222 DD offshore wind turbine at the Moray West offshore wind power project. The wind turbines will have a capacity of 14.7MW each and utilise the PowerBoost feature. A service agreement is included in the order for...

KenzFigee and CMIC signed a Strategic Cooperation Agreement to explore how both companies can complement each other with regards to the design and supply of identified key products needed to meet the fast growing offshore wind market in China. This cooperation is a result of the rapidly emerging market and the huge and urgent...

James Fisher and Sons and Graig Shipping have unveiled a pioneering service operation vessel (SOV) design concept. The Ulstein Twin X-Stern named Ulstein SX221 Diamond SOV will support the UK’s ambitious target of 50GW of offshore wind energy generation by 2030 – as part of its Net Zero Strategy. The innovative concept is the...

Acta Marine orders the two first Ulstein Twin X-Stern Construction Service Operation Vessels (CSOVs) with design from Ulstein Design & Solutions. The design contract also includes options for two vessels, all four of the SX216 design by Ulstein. The vessels will be delivered with dual-fuel methanol/diesel power generators. “We are pleased to build on...

In an ever-changing energy market and race towards net zero, the ONS conference and exhibition in Stavanger introduce a brand-new arena, ONS Net Zero Markets. The Net Zero Markets venue includes, in fact, five unique conferences covering policy, market opportunities and markets indicators within hydrogen, carbon capture & storage, solar power, offshore wind, and...

For the first time in the heavy lift industry, Lankhorst Ropes is supplying Heerema Marine Contractors with LankoForce HL slings manufactured with Dyneema SK78 fibre produced using post-consumer plastic waste as a feedstock. The LankoForce HL slings will be used on a 4-point lifting frame for an offshore lifting project. Meike Kolthof, Heerema’s General...

Higher oil prices in the first half of 2022 and its impact on oil market fundamentals is already showing a material uptick in offshore exploration and production (E&P) investment and rig count. According to the Global Offshore Navigator – this is a collaborative quarterly market report written by Braemar ACM Shipbroking and Westwood Global...

For more than two years, Port Oostende has been working on a possible seaward expansion of its port area. The ships, the wind turbines and the components are getting bigger and in order to maintain its leading position in the blue economy, Port Oostende has argued for a seaward expansion. More specifically, this concerns...

Deploying Orion, the newest member of the DEME fleet and the most innovative vessel in the offshore wind industry, DEME Offshore has successfully installed the first XXL monopile at Parkwind’s Arcadis Ost 1 offshore wind farm in Germany. DEME’s revolutionary, floating DP3 offshore installation vessel is set to install the 28 giant monopiles, which...

The Netherlands’ Ministry of Economic Affairs and Climate Policy commissioned Fugro to assess whether areas of the North Sea could simultaneously be used for offshore wind farm (OWF) developments as well as carbon capture and storage (CCS) solutions. The North Sea will play an important role in the energy transition. Both carbon capture and...

The Ministry of Economic Affairs and Climate has granted ONE-Dyas the definitive permits for the development of the N05-A gas field in the North Sea. This offshore gas production project fits in the small fields policy of the Dutch government. With the final permit, the Dutch government gives the go-ahead for the production of...

Latest analysis from Westwood Global Energy Group (Westwood) reveals that, in spite of challenges due to COVID-19 and the accelerating energy transition, high impact oil and gas exploration drilling in 2021 maintained its momentum. While high impact drilling levels in 2021 were similar to 2020, performance sank significantly, with discovered resource dropping 65% in...

Today, 18 May, European Commission President Ursula von der Leyen will participate in an Offshore Wind Summit with German Chancellor Olaf Scholz and the Belgian Prime Ministers Alexander De Croo, Danish Prime Minister Mette Frederiksen and Dutch Prime Minister Mark Rutte. In a joint declaration they are set to highlight the role of home-grown...

Offshore energy professionals from around the world convened at the 2022 Offshore Technology Conference (OTC) at NRG Park to discuss the latest advancements in the offshore oil and gas industry, while touting the role the offshore energy industry plays within the energy transition. Experts representing diverse offshore technologies provided key insights on how their...

The consortium between Van Oord and Great Lakes Dredge & Dock (GLDD) has been selected by Empire Offshore Wind, a joint venture between Equinor and bp, as main contractors for subsea rock installation works related to the development of Empire Wind I & II. This offshore wind development, located on the East Coast of...

MacGregor, part of Cargotec, has secured a contract with Otto Candies, LLC to deliver an active heave compensated FibreTrac offshore crane. The order was booked in Cargotec’s 2022 first quarter order intake, with delivery expected to be completed by the end of the year. Scope of supply encompasses full delivery of the 150t AHC...