OPEC and its partners have agreed to further cut production by 500,000 barrels per day in the first quarter of...OPEC agrees on further production cuts
Shortsea shipping specialist Wilson has acquired two vessels from Arklow Shipping to further expand its fleet. The purchase follows hot...Wilson acquires new tonnage from Arklow and Carisbrooke
PRESS RELEASE – Sylvia Boer (37) has been appointed as the new director of Amsterdam IJmuiden Offshore Ports (AYOP) and...Amsterdam IJmuiden Offshore Ports appoints Sylvia Boer as new director
DFDS acquires Huisman Group
PRESS RELEASE – To further expand and develop DFDS’ European logistics services, DFDS has acquired 100% of the share capital of the Dutch logistics company Huisman Group BV headquartered in Wijchen. “Huisman Group is an excellent...Read more
Port of Brownsville set to welcome USD 39 billion in LNG investments
PRESS RELEASE – The Port of Brownsville is one step closer to welcoming three new LNG projects with an investment totalling USD 38.75 billion after the Federal Energy Regulatory Commission (FERC) approved their proposals today...Read more
Western turbine manufacturers increase grip on wind market
Consolidation among wind turbine manufacturers is set to intensify. Wood Mackenzie expects the top five global turbine OEM’s will control three-quarters of the market by 2028. Western manufacturers will become even more dominant, although Chinese...Read more
Wagenborg fleet now sailing on low sulphur fuel
PRESS RELEASE – As of November, Wageborg has started ordering and bunkering low sulphur fuel in response to the upcoming sulphur cap, starting on January 1st 2020. The vast majority of the fleet has now...Read more
Kone Cranes buys out Jebsen & Jessen of MHE-Demag
PRESS RELEASE – Konecranes has signed an agreement to acquire the 50% stake in its MHE-Demag JV held by partner Jebsen & Jessen for EUR 147 million. The acquisition will significantly improve Konecranes’ market position...Read more
G2 Ocean: “Project cargo will become a bigger part of our income”
G2 Ocean is on a mission to expand its project cargo business. “We believe we have an interesting value proposition. Our goal is to double in size in the next five years”, Vice President Project...Read more
OHT bags large Dogger Bank wind contract
Offshore Heavy Transport (OHT) has won a large transport and installation contract for two of the three Dogger Bank offshore wind farms, each capable of delivering 1.2 GW of electric power. The contract will be...Read more
DHL signs wind contracts with three Chinese manufacturers
DHL Global Forwarding has signed three contracts with Chinese wind turbine manufacturers to ship components like blades, towers and nacelles to project sites across the world. The contracts have an accumulated weight of more than...Read more
Höegh Autoliners ships six 32-tonne breakbulk units
Höegh Autoliners has shipped six large multimedia filters for an offshore project on modified trailers. Four units were shipped on a double-wide concept, while the other two units were placed on a trailer with beams...Read more
DB Schenker expands network into Caucasus and Central Asia
PRESS RELEASE – DB Schenker is setting up eight new country organizations in the Caucasus and Central Asia region, foreseeing enormous development prospects in this area. The region is located at the crossroads of major...Read more
UECC secures USD 70 million in green financing for new car carriers
UECC has secured USD 70 million in green financing for its new hybrid LNG and battery-driven car carriers, taking the company beyond IMO’s target of 40% carbon reduction by 2030. The new vessels will be...Read more
Fred. Olsen Windcarrier to build Scottish wind farm for EDF
PRESS RELEASE – Fred. Olsen Windcarrier has been awarded a contract by EDF renewables (EDF) for the transport and installation of 54 8MW Siemens Gamesa wind turbines for the Neart na Goithe (NnG) offshore wind...Read more
Heerema develops floating wind turbine installation method
Heerema Marine Contractors has signed an agreement with Parkwind and MHI Vestas for the first floating wind turbine installation. The newly developed method will simplify the installation of offshore wind turbines at sites where the...Read more
Lubbers Global Freight: “We want to be present in all major energy hubs”
As the new kid on the block, Lubbers Global Freight wants to rapidly grow as a specialized freight forwarder for the energy markets. Following a recent takeover in Singapore, the company is now close to...Read more
Jan de Nul orders another, even bigger crane vessel
The ink on the newbuild contract for mega crane vessel Voltaire has hardly dried, while Jan de Nul has ordered another, even bigger crane vessel capable of lifting 5,000 tonnes. The new vessel is specifically...Read more