Three Norway-based offshore energy vessel and service providers, Eidesvik, Agalas and Reach Subsea, are building a new construction support vessel (CSV) for subsea and offshore wind operations. The vessel will be two-thirds owned by an entity owned by Eidesvik and Agalas, controlled by Eidesvik, and
Enefit Green has signed an agreement with Sumitomo Corporation to sell a 50 per cent stake in Liivi Offshore OÜ, the project company behind the Liivi Bay offshore wind farm, planned to be built in Estonia. Under the agreement, obtaining approval from the Estonian Consumer Protection and Technical Re
The first of four commissioning service operation vessels (CSOVs) that Windward Offshore ordered at Vard was launched earlier this month. On 18 February, the German shipowner, a joint venture between multiple partners, said that it had secured a senior loan facility for the post-delivery financing o
Louis Dreyfus Armateurs (LDA) has selected Salt Ship Design (SALT) as the naval architect and ZPMC as the shipbuilder for the three new service operation vessels (SOVs) for which LDA recently signed contracts with Vattenfall. As reported in January, Vattenfall awarded long-term contracts to Louis Dr
The European investment group Eurazeo, through Eurazeo Transition Infrastructure Fund (ETIF), has made a EUR 70 million equity investment in MPC OSE Offshore, a joint venture recently established by the investment and asset management firm MPC Capital and German offshore services provider O.S. Energ
Global Underwater Hub (GUH) and Scottish Enterprise have signed a memorandum of understanding (MoU) to collaborate on establishing a subsea supply chain ecosystem as a global centre of excellence for floating wind. The partners said on 18 February that the floating wind market was estimated to be wo
The New Jersey Economic Development Authority (NJEDA), which has developed the New Jersey Wind Port on behalf of the New Jersey State, is assessing options and alternatives for the hub-style port for offshore wind as the market is facing challenges. The offshore wind port is located in Lower Alloway
Ilsenburger Grobblech (ILG), a subsidiary of Germany’s Salzgitter, and Siemens Gamesa have signed a contract for the delivery of heavy plates for the construction of wind towers that will be installed at the RWE’s Thor offshore wind farm in Denmark. Under the contract, the company will deliver aroun
The Dutch company Van Oord has signed a contract with Equinor and Polenergia to perform seabed protection work at the Bałtyk 2 and Bałtyk 3 offshore wind farms in Poland. The contract covers the supply, transport, and installation of stone ripraps on the seabed to protect the cables and foundations.
Japan’s Mitsui O.S.K. Lines (MOL) and its compatriot Fukada Salvage & Marine Works have signed a memorandum of understanding (MoU) to explore collaboration on the transportation and installation vessels for floating offshore wind turbines. Floating offshore wind turbines are normally assembled at a
Chantiers de l’Atlantique subsidiary, Atlantique Offshore Energy, has been awarded contracts to carry out preventive maintenance of the two electrical substations for the 488 MW Îles d’Yeu and Noirmoutier and the 496 MW Dieppe Le Tréport offshore wind projects in France. The company has been chosen
Sixteen partners from across the European offshore renewable energy sector have launched the Offshore Electricity Storage Technology Research (OESTER) project to accelerate the development of offshore electricity storage. Several major energy industry players, such as RWE, Vattenfall, and the Dutch
The Dutch developer of Vessel Motion Radar systems, Next Ocean, has secured seed investment from Arches Capital to support its expansion and enhance maritime safety worldwide. The funding is said to accelerate the company’s growth, enabling Next Ocean to scale production, expand into new markets, an
