Denmark-headquartered Cadeler has awarded its compatriot Semco Maritime a contract for vessel modifications to upgrade the main crane capacity on Cadeler’s two O-class wind farm installation vessels (WFIV). Semco Maritime has previously fitted new and extended crane booms on the two WFIVs, Wind Orca
Wind turbine manufacturer Siemens Gamesa has recorded EUR 760 million net loss in the first quarter of the financial year 2023, driven largely by charges due to a negative development of failure rates in specific components detected during the evaluation of the installed fleet. This has led to charg
King Charles III has asked that the Royal Family’s share of The Crown Estate’s earnings from the Round 4 offshore wind seabed leasing “be directed for wider public good”, UK media reports. As reported on 19 January, all six winners of the latest UK seabed auction have now signed Agreements for Lease
Marco Polo Marine, the Singapore-based marine logistics company, has awarded SMST a contract for the delivery of their mission equipment for the “first-ever” Asian Commissioning Service Operations Vessel (CSOV). SMST’s mission equipment consists of an Access & Cargo Tower with a motion-compensated g
Swedish floating wind specialist Hexicon has secured permits from the Italian transmission system operator (TSO), Terna SpA, to connect six of the company’s seven floating wind power projects proposed offshore Italy to the national grid. Hexicon, operating in Italy through its joint venture AvenHexi
The offshore wind turbine installation vessel Aeolus has been fitted with a new, 133-metre-long crane boom at the Damen shipyard in Rotterdam, the Netherlands, after Van Oord last year sent the vessel for its second crane upgrade to enable Aeolus to handle wind turbines of up to 15 MW. Back in 2018,
The Bureau of Ocean Energy Management (BOEM) has announced a Determination of No Competitive Interest for a proposed research lease area offshore Gulf of Maine. BOEM’s determination means it will move forward with the State of Maine’s research application, which could be used to inform any future co
World’s leading offshore wind developer Ørsted expects operating profit (EBITDA) for 2022 to total DKK 32.1 billion (EUR 4.3 billion), the company’s highest EBITDA to date, based on preliminary and unaudited reporting. The results are within the latest guidance and above the company’s initial expect
Hai Long Offshore Wind, a consortium comprising Northland Power, Yushan Energy, and Japan’s Mitsui & Co., says it is actively working towards reaching the financial close, with a majority of the project financing to be provided by international financial institutions, in addition to the shareholders
Jan De Nul’s next-generation floating offshore installation vessel, Les Alizés, sailed out of the China Merchants Heavy Industry’s (CMHI) Haimen shipyard in China on 19 January and is now on its way to Europe, where it will debut on Ørsted’s offshore wind farms in Germany. The CMHI shipyard delivere
Nucor has introduced Elcyon, the company’s new sustainable heavy gauge steel plate product made specifically to meet the growing demands of America’s offshore wind energy producers. Nucor will manufacture Elcyon at the firm’s new USD 1.7 billion Nucor Bradenburg steel mill in Kentucky, which produce
Fincantieri, through its US subsidiary Fincantieri Marine Group, has signed a contract with CREST Wind, a joint venture between Crowley and ESVAGT, to design and build a service operation vessel (SOV). The 88-metre vessel will be built by Fincantieri Bay Shipbuilding at its shipyard in Sturgeon Bay,
The steel-cutting ceremony has kicked off for the construction of the first of two next-generation construction service operating vessels (CSOVs) for Acta Marine at Tersan Shipyard in Türkiye. The 89-metre-long vessels will be equipped with an SMST-provided motion-compensated crane and a motion-comp
“Normally we are competitors. But from today we are also working closely together”, Danish Port of Esbjerg posted on social media as six European wind ports move forward with the alliance established last year to mitigate overcapacitation due to upcoming increasing offshore wind activities. “Europe’
