On 1st October, the European Investment Bank (EIB) increased the 0.500% Climate Awareness Bond (CAB) 11/2023 by EUR 400m to bring the total amount outstanding to EUR 1bn. The bond completes EIB’s EUR Green Bond curve with a third liquid reference point in an intermediate maturity and takes the total
The concept of using vessels as hotels, or floatels, accommodation vessels, or recently, SOVs, or whatever name you give them, has been available in the market for a while. With some of the current and more future projects being built further at sea in harsher sea states this concept is now gaining
Fugro Scout, the new 83-metre geotechnical drilling vessel, is on its way to The Netherlands to execute a geotechnical survey for an offshore wind farm in the Dutch sector of the North Sea, following the completion of its maiden project in the Middle East. The new vessel is specifically designed to
The last turbine at DONG Energy ‘s Borkum Riffgrund 1 offshore wind farm was installed in May. Of the total of 78 turbines, 77 are sitting on monopile foundations while one serves for testing of the Suction Bucket Jacket foundation. The offshore wind farm has a 312MW capacity and can meet the annual
Dutch offshore operator Conquest Offshore has appointed the Port of Amsterdam as the home port for its heavy lift crane barge Conquest MB1. The barge, which has a lifting capacity of 1,400 tons, will settle today in the Cacaohaven. The crane is able to fully rotate 360 degrees. It has a free deck sp
Wärtsilä Corporation announced today that it expanded into a new market segment, offering a comprehensive package of seals, bearings and associated solutions to hydropower installations and industrial plants. Wärtsilä’s offering consists of seals, bearings and associated equipment for hydro installa
During August and September 2015, Sound & Sea Technology, Inc. (SST) has managed and participated in the assembly and systems integration of the first Wave Energy Conversion (WEC) device for the U.S. Navy’s Kaneohe Bay Wave Energy Test Site (WETS) in Hawaii. Since May 2015, SST has been assembling a
The FloWave Ocean Energy Research Facility at the University of Edinburgh has just joined AIRTO. AIRTO, the Association for Innovation, Research and Technology Organisations, brings together the country’s leading universities, businesses and research organisations to encourage enterprise and the com
A jack up vessel has been based in River Deben collecting riverbed samples ahead of East Anglia ONE offshore wind farm construction. The materials would be used to analyse the type of bedrock and soil composition, according to Ipswich Star. The next phase of survey activity will include digging tren
The construction of a tidal lagoon in Swansea Bay has been delayed. The project was initially scheduled to enter the construction phase in spring next year, but that has now been pushed to 2017. Tidal Lagoon Power, the company behind the project, said good progress has been made with its preferred c
SMD has delivered a QTrencher 1000 ROV to KT Submarine following a successful completion of factory acceptance testing. Delivery of the trenching system was brought forward by one month to coincide with the early completion of the refurbishment of KT Submarine’s cable ship, Responder. The whole syst
The name giving ceremony of the offshore support vessel Acta Orion will take place on October 22th, when Mrs Didi te Gussinklo Ohmann will name the vessel. The vessel is named after one of the most recognizable constellations in the night sky. Govert Jan van Oord suggested Acta Orion’s name, as Orio
Photo of the Day: Seajacks Scylla Preparing for Take-Off Seajacks Scylla, which is scheduled to be delivered by the end of the year, is nearing its trip to Europe from Samsung Heavy Industries’ (SHI) Geoje Yard in South Korea. Study Shows Installation Method Strongly Influences Fatigue Damage of Fou
A chemical store that is part of Vestas’ facility for the development of large wind turbine blades on Isle of Wight caught fire today afternoon. After receiving a call around 3 pm, three firefighting crews have been working on containing the blaze using a breathing apparatus and a hose, the local me
