The UK shipbuilder Diverse Marine has introduced the Diverse Marine Client Finance Programme, its own finance and lease programme, through which it secured financing for an initial, but rolling, eight crew transfer vessels (CTVs). Funding for offshore wind CTVs has been challenging, said the company
Crew transfer vessel operator Windcat is further expanding its commissioning service operation vessel (CSOV) fleet and has placed an additional order of two CSOVs with Damen Shipyards. The order increases Windcat’s CSOV fleet to a total of five vessels, leaving the option of acquiring a sixth vessel
Offshore Energy Exhibition & Conference 2023 (OEEC 2023) will kick off tomorrow, November 28, in RAI Amsterdam, where the offshore energy and maritime sectors will meet for two days of idea exchange, knowledge sharing, and networking. The 16th edition of OEEC will gather a wide spread of businesse
Huisman has been awarded a contract for the upgrade of the offshore mast crane onboard the Aegir, owned by Heerema. The project will enhance the second main hoist capacity from 2,000mt to 3,200mt at a height of 110 metres, making the upgrade suitable for the installation of large jacket foundations,
Havfram Wind has entered into a strategic cooperation with Integrated Wind Solutions (IWS), through their wholly-owned subsidiaries, IWS Fleet AS and IWS Fleet Management. The collaboration involves IWS providing technical management services to Havfram Wind’s two offshore wind turbine installation
The Netherlands-based Damen Shipyards has signed a contract with Ta San Shang Marine (TSSM), a joint venture between Japan’s Mitsui O.S.K. Lines (MOL) and Taiwan’s Ta Tong Marine, for the delivery of a Damen Construction Service Operation Vessel (CSOV) 9020. This will be TSSM’s second SOV in their f
Industry giants, experts, policymakers, innovators and start-ups from the offshore energy sector will meet at the Offshore Energy Exhibition & Conference 2023 (OEEC 2023) in Amsterdam one week from now. The backdrop to two full days of discussions, insights and updates is the exhibition floor that w
The global energy landscape is undergoing a significant transformation as the demand for clean, renewable energy sources continues to grow. Wind power, in particular, is playing a pivotal role in this transition. Offshore wind farms have proven to be a highly effective means of generating electricit
Vestas has signed a framework agreement with Marco Polo Marine which finalises the previous Memorandum of Understanding between Marco Polo Marine’s Taiwan-based subsidiary, PKR Offshore, and Vestas Taiwan, for the maiden deployment of a new Commissioning Service Operations Vessel (CSOV) on offshore
A project to retrofit a crew transfer vessel (CTV) with hydrogen fuel cells, to cut CO2 and NOx emissions while servicing offshore wind farms, has kicked off. Phase 1 of Project Verdant, supported by the UK’s national innovation agency Innovate UK, is now underway involving a preliminary design and
Denmark-based Cadeler has entered into an unsecured green term loan facility with The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch (HSBC). The purpose of the loan facility is, among others, to fund Cadeler’s construction of the X-class and F-class newbuild vessels and upgrade
The first US-built and Jones Act-compliant offshore wind turbine installation vessel (WTIV), Charybdis, will be completed in late 2024 or early 2025, Dominion Energy said in its financial report for the third quarter of 2023, confirming the information that surfaced after the company’s second quarte
Several days ago, Ørsted called it quits on the Ocean Wind 1 offshore wind farm in the US, with some of the main issues leading to the decision to abandon the project being supply chain bottlenecks, primarily vessel shortages. This has affected not only the now-dropped Ocean Wind 1 but also the comp
The Finnish shipbuilder, Uudenkaupungin Työvene OY (Työvene), has secured an order for three hybrid-ready SWATH crew transfer vessels (CTVs) from the Scottish company Maritime Craft Services (Clyde) Ltd (MCS). The first of Työvene’s SWATHs will be delivered to Maritime Craft Services in the spring o
