Business & Finance
A2SEA’s 2013 Earnings Record High
A2SEA earned DKK 276,5 million (EUR 37 million) in 2013, which is the largest ever profit for the company in the 14 years of its operation. “We secured a very large occupancy of our vessels in 2013 including our new vessel SEA INSTALLER operating throughout the entire year. This has resulted in an i
MECAL to Advise on First Taiwanese Offshore Wind Farm
The developer of what is expected to be the first offshore wind farm in Taiwan, Formosa Wind Power Co. Ltd., has hired a Dutch-based company MECAL to act as technical advisor for the project. MECAL’s involvement focuses on wind turbine generator (WTG) procurement including technology evaluations of
OAASIS Group Wins Offshore Wind Farm Deal
Following a competitive tendering process conducted on behalf of one of the big six energy companies by ECOSSE SUBSEA SYSTEMS, industrial supply company OAASIS GROUP LTD was awarded a two year framework agreement by the energy company to supply personal protective equipment (PPE) and maintenance, re
Ballast Nedam: “Poor Year, Sharper Strategic Focus and Solid Refinancing”
Ballast Nedam has issued its annual results for 2013, which show that the company had a difficult year. However, its results in the offshore wind energy market were rather good. Results in line with the press release of 5 February 2014 Operating loss of € 30 million, including € 18 million of restru
Tidal Lagoon Power Strengthens Its Team with Renewables Expert
Hydro power and renewable energy specialist Andy Billcliff has joined Tidal Lagoon Power, the development company behind the proposed Swansea Bay Tidal Lagoon. Billcliff (55) will work with Chief Executive Mark Shorrock and the development team at Tidal Lagoon Power to develop up to five full-scale
Seacat Services’ WFSVs to Feature Water Jets from Rolls-Royce
Rolls-Royce has secured a contract to supply water jets for three wind farm support vessels (WFSVs) to be built by South Boats IOW for the offshore wind transfer vessel operator Seacat Services. In one of the biggest orders made for wind farm workboats, one 24-metre and two 26-metre aluminium catama
Improved Interface Risk Management Increases Investor Confidence
As offshore wind developers increase the size, scale and complexity of planned projects in order to maximize revenue streams, and with investors demanding cost and schedule certainty, the use of multi-contracting project management systems and processes is proving increasingly critical to economic a
The Netherlands: New O&M System to Cut Down Offshore Wind Costs
A new system for wind farm operations and maintenance is set to significantly reduce the maintenance costs. The system has been developed by the Energy Research Centre of the Netherlands (ECN) using data from energy company Essent/RWE. It efficiently collects and analyses data from offshore wind far
Bold Tern Deployed at Global Tech I OWF
Fred. Olsen Windcarrier International Ltd., which is indirectly owned 50/50 by Bonheur ASA and Ganger Rolf ASA, has been awarded an additional transport and installation contract by the German company Global Tech I Offshore Wind GmbH for the installation vessel Bold Tern. The Bold Tern joins her sis
Offshore Wind Revenues to Help UK’s Flooded Areas
RenewableUK has commented on the announcement by HM Treasury and Department for Communities and Local Government of allocation of the latest round of funding from the Coastal Communities Fund. The Fund, which was set up in 2012 by the Secretary of State for Communities and Local Government and the C
Scotland: More Women Working in Renewables than Other Energy Sectors
A major survey into employment in the Scottish renewable energy sector has found more than a quarter of employees are women, which is a larger proportion than in the oil and gas or nuclear sectors. The findings suggest 28% of the renewable energy industry’s workforce are female, compared to UK oil a
Alicat Gets Funds to Build New All Weather Facility
Alicat Workboats Ltd has received £165,000 funding from the Coastal Communities Fund. This funding will help the constructing a new all weather facility at the company’s Great Yarmouth base. The project will complement the recent £1.6 million investment by Alicat Workboats in the provision of a new
Sima Charters Adds New Multi-Purpose Vessel to Its Fleet
The Dutch company Sima Charters successfully delivered a Multi-Purpose 66ft Tender, christened SC Amethyst. The tender features design and naval architecture by Vripack and is engineered for countless activities in the offshore sector. SC Amethyst has been designed by Vripack and Sima Charters, and
Bladt to Showcase Its Wind Energy Achievements at EWEA 2014
Bladt Industries has announced its participation in the EWEA conference and exhibition taking place from the 10th to the 13th of March 2014 in Barcelona. The company is deeply involved in the offshore wind energy development in Europe, but not only there. Bladt’s latest big achievement is the recent