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
The sea trials have commenced and are in progress for Charybdis, the first Jones Act-compliant wind turbine installation vessel (WTIV), built in the US. Under construction at Seatrium’s AmFELS shipyard in Brownsville, Texas, the vessel also recently completed the jacking trial and main crane load te
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
British-owned Pritchard-Gordon Group has expanded into the European offshore wind and marine energy sectors with the launch of PG Renewables, a company focused on offshore and nearshore unexploded ordnance (UXO) clearance. According to the Pritchard-Gordon Group, PG Renewables aims to support offsho
Havfram’s first wind turbine installation vessel (WTIV), Norse Wind, has been launched at Yantai CIMC Raffles Offshore’s shipyard in China. In 2021, Havfram signed a letter of intent with China’s CIMC-Raffles to build a series of next-generation wind turbine installation vessels. The company’s first
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
Siemens Gamesa has selected LD Tide, a joint venture between Louis Dreyfus Armateurs and Tidal Transit, to supply a crew transfer vessel (CTV) for operations and maintenance work on the Îles d’Yeu and Noirmoutier offshore wind farm in France. The vessel, one of two CTVs currently being built by Stra
Ocean Winds and Cadeler have signed a vessel reservation agreement for the installation of the turbines at the BC-Wind offshore wind farm in the Polish Baltic Sea. The potential value of the contract to be negotiated during the pendency of the reservation agreement is estimated to be between EUR 48
Norway’s Olympic Subsea has signed an agreement to build two offshore construction vessels, which the company claims will be the most energy-efficient in their category worldwide. The vessels will be built at the China Merchants Heavy Industry (CMHI) shipyard in Shenzhen and are scheduled for delive
In 2032, 75 per cent of all electricity produced in the Netherlands will come from offshore wind as the country will continue powering ahead with permitting and deploying wind farms in its North Sea waters, even with the change of cabinet. This is according to Jan Vos, Chairman of NedZero, who discu
The first of two M-class wind installation vessels, named Wind Maker, has been delivered to Denmark-headquartered Cadeler. The company has also signed the first contracts for its second M-class vessel, Wind Mover. Cadeler, a provider of offshore wind installation, operations and maintenance services
UK-headquartered North Star has named and delivered its latest service operation vessel (SOV), completing its fleet of vessels chartered for long-term service at the 3.6 GW Dogger Bank offshore wind farm. The Grampian Tweed is the fourth SOV introduced ahead of schedule to support the Dogger Bank of
Norway-based energy data and intelligence company, TGS, has secured a contract for offshore wind site characterisation on the UK continental shelf for a repeat client. According to TGS, the project is set to last around 60 days and will begin in the first quarter of 2025. The Ramform Vanguard will b
Poland’s Tele-Fonika Kable (TFK) and the Industrial Development Agency (ARP) have signed a letter of intent to collaborate on the construction of a cable laying vessel (CLV) for the installation and maintenance of subsea cables in offshore wind farms, mainly in the Baltic Sea. On 28 January, the two
