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Business & Finance

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Asso.subsea Orders Second Next-Gen Trenching Support Vessel from China Merchants
Business & Finance

Asso.subsea Orders Second Next-Gen Trenching Support Vessel from China Merchants

Greece’s Asso.subsea has signed the shipbuilding contract with China Merchants Heavy Industry (CMHI) for the construction of a second next-generation trenching support vessel (TSV), sister to the one announced in September 2025. The TSV Andromeda will be built at CMHI’s Shenzhen Shipyard, where the

about 7 months ago
Edda Wind Selling SOV, CSOV Fleet to North Star, Navigare Capital
Business & Finance

Edda Wind Selling SOV, CSOV Fleet to North Star, Navigare Capital

Edda Wind has entered into agreements for the potential sale of its fleet of service operation vessels (SOVs) and commissioning SOVs (CSOVs), including newbuilds, with two buyers amongst which the fleet will be split: North Star and an affiliate of Navigare Capital Partners. The vessel operator said

about 7 months ago
OEG’s New Crew Transfer Vessel Ready for Inch Cape Offshore Wind Farm
Business & Finance

OEG’s New Crew Transfer Vessel Ready for Inch Cape Offshore Wind Farm

about 7 months ago
Maersk’s WTIV Delivered, Ready for Empire Wind
Business & Finance

Maersk’s WTIV Delivered, Ready for Empire Wind

Seatrium handed over the Maersk wind turbine installation vessel (WTIV) to its owner on 26 February, the Singapore-based shipbuilder said. The new WTIV is scheduled to sail for its first assignment at the Empire Wind project offshore New York in March 2026. The WTIV recently completed sea trials in

about 7 months ago
Dutch Duo Inks Inter-Array Cable Deal for Gennaker Offshore Wind Farm
Business & Finance

Dutch Duo Inks Inter-Array Cable Deal for Gennaker Offshore Wind Farm

A consortium of Boskalis and TKF has signed a contract with Skyborn Renewables for the supply and installation of inter-array cables for the Gennaker offshore wind farm in Germany. Under the contract, the consortium will deliver the complete inter-array cable system connecting the 63 Gennaker wind t

about 7 months ago
Kongsberg Maritime Equipment Ordered for South Korean Cable Laying Vessel
Business & Finance

Kongsberg Maritime Equipment Ordered for South Korean Cable Laying Vessel

Norway’s Kongsberg Maritime has been appointed to deliver an integrated technology package for what is said to be South Korea’s first specialised HVDC installation vessel, being built in Türkiye. South Korean subsea cable installation company LS Marine Solution signed a contract with Türkiye’s Tersa

about 8 months ago
Consortium Secures 1.65 GW of Offshore Wind Grid Connections in Philippines
Business & Finance

Consortium Secures 1.65 GW of Offshore Wind Grid Connections in Philippines

Grid connection agreements have been secured for three offshore wind projects in the Philippines with a combined planned capacity of 1,650 MW. The projects are the 450 MW Frontera Bay, the 600 MW Guimaras Strait, and the 600 MW Guimaras Strait II, all owned by the same consortium, comprising Seawind

about 8 months ago
New Owner of Three Seajacks Jack-Ups Nets Contract for Polish Offshore Wind Farm
Business & Finance

New Owner of Three Seajacks Jack-Ups Nets Contract for Polish Offshore Wind Farm

UK-registered Novastar Energy Holdings, a wholly-owned subsidiary of UAE-based HEA Energy, which bought three Seajacks vessels from Eneti in 2023, has secured a contract for Baltica 2, a 1.5 GW offshore wind farm being built by PGE and Ørsted in Poland. According to a contract award notice published

about 8 months ago
Vestas Receives 1,380 MW Offshore Wind Turbine Order from RWE
Business & Finance

Vestas Receives 1,380 MW Offshore Wind Turbine Order from RWE

RWE has placed a firm order with Vestas for its 1,380 MW Norfolk Vanguard West offshore wind project in the UK, after the developer secured a Contract for Difference (CfD) for the project in Allocation Round 7 (AR7) in January and announced that the global investment firm KKR would become its partne

about 8 months ago
India Taps UK, World Bank and KPMG to Advance Offshore Wind
Business & Finance

India Taps UK, World Bank and KPMG to Advance Offshore Wind

India and the UK have launched a taskforce that is said to provide strategic leadership and coordination for India’s offshore wind ecosystem. The country has also reportedly started working with the World Bank and KPMG on aspects of offshore wind project planning and financing. Kicked off on 18 Febr

about 8 months ago
Trump Administration Files Appeal Against Court Ruling in Multi-State Offshore Wind Lawsuit
Business & Finance

Trump Administration Files Appeal Against Court Ruling in Multi-State Offshore Wind Lawsuit

The US Department of Justice, Environment & Natural Resources Division, filed a Notice of Appeal on 17 February in the case in which a federal judge ruled in favour of 18 states that sued the Trump administration over the sweeping ban on wind energy projects. In May 2025, seventeen US states and the

about 8 months ago
Offshore Wind CSOV Boosts Singaporean Company’s Revenue
Business & Finance

Offshore Wind CSOV Boosts Singaporean Company’s Revenue

Marco Polo Marine has reported a 27 per cent higher revenue in the first quarter of its 2026 fiscal year, compared to the same period in 2025, driven by the Group’s ship chartering business unit, which saw a 53 per cent revenue increase that came primarily from its offshore wind commissioning servic

about 8 months ago
Long-Standing Customer Taps Tekmar for Cable Protection Under EUR 4.7 Million Contract
Business & Finance

Long-Standing Customer Taps Tekmar for Cable Protection Under EUR 4.7 Million Contract

about 8 months ago
Scottish Businesses Invited to Apply for Offshore Wind Supply Chain Support Programme
Business & Finance

Scottish Businesses Invited to Apply for Offshore Wind Supply Chain Support Programme

Offshore Renewable Energy (ORE) Catapult has opened an application period for the first Fit For Offshore Renewables (F4OR) offshore wind supply chain support programme that targets businesses in Scotland. Up to ten companies will be selected to participate. The 18-month programme, supported with ind

about 8 months ago
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