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Offshore Wind: Lindø port of Odense Invests in Cranes

Nov 22, 2019

The growth of offshore wind renewable power continues to push investment in marine, port and infrastructure project, the latest an announcement ffrom the Lindø port of Odense which placed an order for an LHM 800 heavy lift unit, a machine with…

Fincantieri: Vard Shipyard is Losing Money

Nov 08, 2019

Italian shipbuilder Fincantieri has posted higher earnings in the first nine months, but said the result was hit by losses at its Vard unit. Revenues increased by 9.7% at euro 4,254 million (euro 3,878 million at 30 September 2018).Fincantieri…

OWC Opens Aussie Office

Nov 03, 2019

International engineering consultancy Offshore Wind Consultants (OWC) is setting up an office in Australia, as offshore wind plans in the country are moving forward.The International Energy Agency’s recently launched “Offshore Wind Outlook 2019” has identified more than 7…

E&P Companies Struggle on RoI

Oct 31, 2019

International  exploration & production (E&P) are struggling to make money from offshore investments made during the latest investment upturn, according to a new study by Rystad Energy.Rystad Energy has evaluated all offshore oil fields sanctioned…

Rotterdam to Become Offshore Wind Port

Aug 28, 2019

The Port of Rotterdam Authority has made a strong commitment to the energy transition and aims to establish Rotterdam as Europe’s leading port in offshore wind and the offshore sector in general.The Port has reached an agreement with Sif Holding…

World's Longest Wind Turbine Blade Debuts

Jun 25, 2019

The American supplier of rotor blades to the wind industry LM Wind Power, part of GE Renewable Energy, has displayed its first 107-meter blade, for GE’s Haliade-X 12 MW wind turbine, which has made its first trip outside its factory in Cherbourg…

Solstad Farstad Bags Contract with Fairfield Industries

Aug 24, 2018

Solstad Farstad ASA (SOFF) has entered into a contract with Fairfield Industries Inc. for the CSV “Normand Tonjer”. The contract will commence in 3Q 2018 and has a duration of one year firm plus two yearly options.Fairfield will use the vessel…

Liberia Becomes Fastest Growing Flag in Shipping

Jul 26, 2018

Liberia is the fastest growing major open registry in 2018 in both the shipping and offshore sectors, according to shipping services provider Clarksons in its Clarksons World Fleet Monitor June 2018.Alfonso Castillero, CCO of the Liberian International Ship & Corporate Registry (LISCR)…

IUMI Cautions about Global Marine Insurance

Mar 27, 2018

Against the backdrop of encouraging global economic growth and an improved outlook for the shipping industry, the International Union of Marine Insurance (IUMI) gives expert opinion on the current state of the hull, cargo and offshore energy insurance markets at its Spring Conference in Hamburg…

KBA Europe, Batok Offshore Partner in West Africa

Aug 16, 2017

KB Associates Europe Limited KBA(E) has announced a new partnership with the local representative – Batok Offshore and Oil Services Nigeria Limited for the arrangement of KBA(E)’s specialist training courses in country; such as Client Worksite Representative…

Standard Club Establishes New Offshore Advisory Committee

Jul 21, 2017

The Standard Club is driving developments in offshore P&I with the launch of the Standard Club Offshore Advisory Committee (SCOAC). SCOAC aims to analyse offshore trends, assist the club in further understanding and disseminating industry best…

GeoSea Bags Offshore Wind Installation Work from EnBW

Jun 26, 2017

DEME Group’s offshore marine engineering subsidiary GeoSea said that, following successful completion of the design, it also received the Notice to Proceed for fabrication and offshore installation of 16 wind turbine foundations and 1 Offshore…

Tradepoint Atlantic: Logistics for Offshore Wind Projects

May 12, 2017

Tradepoint Atlantic, a 3,100-acre multimodal global logistics center in Baltimore that features a combination of access to deepwater berths, railroads, highways and storage space, has issued a statement in connection with the Maryland PSC’s…

First Offshore Exhibition at Maritime Museum Rotterdam

Sep 11, 2016

Over forty-five leading companies in the shipping and offshore maritime sector are among those who have contributed to the funding for the first ever exhibition in the Netherlands dedicated to the offshore sector, to be housed at The Maritime Museum Rotterdam for the next seven years…

Weak Oil Pushes SBM Offshore to Axe More Jobs

Aug 10, 2016

SBM Offshore's first-half results lagged analysts' expectations on Wednesday as challenging conditions persisted in the oil industry and the Dutch oil services company announced an additional 250 job cuts. It said it did not expect a full recovery in its business until 2018…

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