The Baltic Dry Index on Monday reached its highest peak in more than five years. The index grew by 3.4%...Baltic Dry Index reaches highest peak in more than five years
Thorco Projects has tripled its revenue last year and posted a small profit of USD 3.4 million. However, the purchase...Thorco Projects triples revenue and increases profit
The heavy road transport alliance BigMove has developed a digital driver’s license which contains all the work- and safety-related data...BigMove creates digital driver’s license for heavy transports
WATCH: Boskalis loads cruise ship on Boka Vanguard
Boskalis has successfully loaded cruise ship Carnival Vista on its semi-submersible heavy lift vessel BOKA Vanguard and transported it to a shipyard facility in Freeport, Bahamas for a unique dry docking operation. The giant cruise ship,...Read more
Sarens and Moir Crane join forces in Canada
Sarens has teamed up with Moir Crane in Canada, a small crane and transport company with 15 to 20 cranes of up to 200 tons. The partnership will give Sarens a geographical advantage in the...Read more
Heerema contracted for first commercial US wind farm
Dutch offshore contractor Heerema has been contracted to help build the first commercial offshore wind farm in the United States. The Vineyard Wind project is the nation’s first utility-scale offshore wind energy project. Situated 14...Read more
Port of Antwerp sees decline in breakbulk stabilize
The total freight volume handled by Port of Antwerp was up 0.7% in the first half of 2019. Strong cargo volumes in June boosted both the container and dry bulk throughput, while also stabilising the...Read more
Vattenfall wins second tender for subsidy-free offshore wind farms
Vattenfall has won the tender to construct the second subsidy-free Dutch offshore wind farm, Hollandse Kust Zuid (HKZ) 3 & 4. In September last year, the company also won the tender to build the first...Read more
Maersk family buys into wind industry
A.P. Møller Holding will acquire the Danish KK Group which, through its subsidiary KK Wind Solutions, is a leading systems supplier of wind power electronics. KK Wind Solutions works with all the large wind OEM’s...Read more
Seajacks wins Siemens contract for Taiwanese wind farm
Seajacks has conditionally been awarded a contract with Siemens Gamesa Renewable Energy for the transport and installation of 47 wind turbines at the Formosa 2 offshore wind farm in Taiwan. Formosa 2, developed by Macquarie Capital...Read more
Mammoet and ALE confirm advanced takeover talks
Mammoet and ALE today have announced that the two companies are negotiating a purchase agreement, under which Mammoet would acquire the British heavy lift and transport specialist. In a statement released today, the companies say that...Read more
Allseas enters renewables market with takeover of Bluerise
Dutch offshore contractor Allseas has entered the renewables market. It is not the offshore wind industry the company is targeting. Instead, Allseas has acquired Bluerise, a specialist developer of Ocean Thermal Energy Conversion (OTEC) technology. Bluerise...Read more
Van Oord and Mammoet team up with Verton for faster blade installation
Van Oord and Mammoet have teamed up with Verton, “a promising scale-up” which has developed a new lifting method for the installation of wind turbine blades. The company was scouted via the Rotterdam-based maritime innovation...Read more
Louis Dreyfus to equip ro/ro vessel with kite system
French shipping company Louis Dreyfus Armateurs (LDA) will equip one of its ro/ro vessels with a permanently installed kite system from Airseas to lower the greenhouse gas emissions of the ship. The decision of the shipping...Read more
Lift capacity Pioneering Spirit to be increased
Allseas is planning to increase the lift capacity of its flagship Pioneering Spirit. The current maximum lift capacity is to be increased from 48,000 to 60,000 tonnes, reports PCJ’s Dutch sister publication Nieuwsblad Transport. Details of...Read more
Drewry downgrades multipurpose shipping outlook, but still expects growth
Drewry has downgraded its outlook for multipurpose shipping. Weaker projected global economic growth, greater competition from the dry bulk and container sectors, and slower ship demolitions are expected to negatively impact the industry. The ongoing trade...Read more
North Sea Port records growth, but breakbulk suffers another hit
North Sea Port booked a throughput of 36.6 million tonnes in the first half of 2019, reflecting a growth of 2%. However, increased containerisation of food products led to a drop of 10% in breakbulk...Read more
BBC ship runs aground in Canada
A multipurpose vessel of German shipping company BBC Chartering had run aground in Canadian waters on June 30th. With the help of tugs, the Canadian coastguard was able to refloat the BBC Oregon the next...Read more