Business & Finance
Burgess Marine Acquires Meercat Workboats
Britain’s largest independent ship repairer, Burgess Marine, has successfully acquired 100% of the share capital in Meercat Workboats Ltd. Meercat, based in Portchester, currently builds custom road transportable multi-role workboats up to 18m in length; with plans to expand into both Class approved
GMS Story: Stich in Time Saves 50 Offshore Minutes Every Day
Time is money offshore. While developing a unique marine management review standard for the renewables sector, Green Marine Solutions (GMS) has been saving valuable minutes for its clients. The results are often a victory for both systems and common sense. Practical rather than purely academic Since
Ocean Thermal Energy Hires Blueshirt Group
Ocean Thermal Energy Corporation (OTE), a turnkey supplier of Ocean Thermal Energy Conversion (OTEC) and Seawater Air Conditioning (SWAC) Systems worldwide, announced that it has engaged The Blueshirt Group to assist OTE in developing its communication and investor outreach program with the financia
Massachusetts Delegation to Visit European Clean Energy Leaders
Governor of Massachusetts Deval Patrick will lead a coalition of the Commonwealth’s government and industry leaders on an innovation partnership mission to Denmark, the United Kingdom and France to expand opportunities between the Commonwealth and these three European countries for economic developm
Damen Starts Constructing Walk 2 Work Vessel on Speculation
Final touches have been made to the Damen Walk 2 Work vessel, a completely new and innovative design for the offshore support vessel market. Damen also decided to start building the vessel on speculation, this is marked with the start of the basic and consequently detailed engineering of the vessel.
Kyocera to Start Building Floating Solar Energy Project
Kyocera Corporation, Century Tokyo Leasing Corporation , and Ciel et Terre International has announced that they will begin construction this month on the world’s largest floating solar installation. Kyocera TCL Solar LLC will develop and operate utility-scale floating solar power plants utilizing C
Dutch-Danish Interconnector to Be Built
The Dutch transmission system operator TenneT TSO B.V. and its Danish counterpart Energinet.dk have given their final approval for the development of COBRAcable. This new, over 300-km-long subsea direct-current electricity connection (interconnector), will directly connect the Dutch and Danish power
QED Naval Appoints Wave and Tidal Energy Expert as New Chairman
QED Naval has appointed a new Chairman, Allan Thomson, with the approval from the investors Kelvin Capital and the Scottish Investment Bank. This brings a new focus to the company’s business and it is looking forward to utilising Allan’s experience of two decades within the wave and tidal sector. Mr
Meeting Post-2020 Climate Targets Makes Clear Economic Sense for UK
A new report out today from Cambridge Econometrics in collaboration with Pr. Paul Ekins of University College London, shows that meeting the UK climate targets recommended by the independent Committee on Climate Change (CCC) makes clear economic sense for the UK. Reducing the UK’s carbon emissions i
Jan De Nul Uses SpeedCast’s Satellite Telecommunication
SpeedCast International Limited (SpeedCast), a global satellite telecommunications service provider, today announced that it has been awarded a multi-year contract from Jan De Nul Group, a leading expert in dredging, marine construction, and specialized services for the offshore oil & gas, and renew
Cuxhaven Port to Present Its Offshore Wind Business in Hamburg
Members of the Cuxhaven Port Association (HWG) will exhibit at the WindEnergy fair from 23 to 26 September in Hamburg, among them the Cuxhaven Economic Development Agency, AMBAU GmbH, Cuxport GmbH, the Cuxhaven Port Development Company CuxHafEn GmbH, OMM Offshore Marine Management, the Sea Survival
Gamesa Completes EUR 236.10 Mln Share Placement
Gamesa has successfully completed a €236.10 million share placement through an accelerated bookbuilding process; the placement increases the company’s current share capital by approximately 9.99%. Gamesa has issued 25,388,070 new shares to a large number of qualified and institutional investors from
UMaine Signs USD 3.8 Mln Deal with DOE
U.S. Sen. Susan Collins and U.S. Rep. Michael Michaud welcomed top officials from the U.S. Department of Energy (DOE) to Castine on Sept. 5 to celebrate a successful year of the VolturnUS floating wind turbine deployed off Castine. The federal officials were joined by representatives from the Univer
Dale Power Solutions Targets Humber Offshore Renewables Market
Dale Power Solutions of Scarborough, which makes and services uninterrupted power systems and generators, is the latest company to join Hull-based Team Humber Marine Alliance (THMA), as the company is targeting the Humber region because of its increasing importance as a renewable energy hub. Mark Ca