Although the global economy is still predicted for a recession in 2020, the intensity of it is now lower than...Recession not as bad as initially feared
Due to a slow economic recovery from the corona pandemic, the full recovery in global energy demand likely won’t be...“Global energy demand will not return to pre-corona level until 2025”
PRESS RELEASE – Heerema’s heavy-lift vessel Sleipnir has completed its second project in the wind sector this season; the transportation...Heerema completes jacket installation for Hornsea 2 substations
Spliethoff adds sixth P14-type vessel to its fleet
PRESS RELEASE – Spliethoff has acquired an additional P14-type vessel. The vessel is renamed Plantijngracht (former name: ‘St. Pauli’) and reflagged to the Dutch register. The vessel is currently in Algeciras to undergo maintenance and...Read more
New Tetrahedron crane can increase lift capacity of existing jack-ups
Tetrahedron has designed a new crane for the installation of next-generation offshore wind turbines. Based on a fundamentally different motion principle and an efficient structural load transfer, the crane lifts higher than alternatives and can...Read more
Tony Millward to lead OHT’s turbine installation business
PRESS RELEASE – Offshore Heavy Transport (OHT) has hired Tony Millward to head up the company’s WTG Installation Business. Millward joins OHT from DEME Offshore, where he during his 12 years held various positions including...Read more
UAL starts direct service between Netherlands and East Africa
PRESS RELEASE – Universal Africa Lines is starting a new, direct service between Northwest Europe and East Africa, with calls planned in Mozambique, Tanzania and Kenia.Read more
Jumbo widens deck of heavy lift vessel to transport two cranes
Jumbo has transported two Ship-to-Shore container cranes, a cargo in excess of 1500 tonnes, from Taicang, China, to the Port of Immingham on the UK’s east coast. To ship two cranes this size in one...Read more
2,000 redundancies at Maersk, Safmarine and Damco cease to exist
Maersk is laying off 2,000 employees as a result of the large-scale reorganisation that started at the beginning of September. The end of Damco had been in sight for some time, but the Danish shipping...Read more
China Navigation launches Swire Projects with former Zeamarine staff
China Navigation is ramping its project cargo business by launching Swire Projects, a new business that will develop an “independent global strategy in the multipurpose & heavy-lift market”. The company has hired seasoned professionals from...Read more
Jason Hwang takes over as new director of Jumbo Korea
PRESS RELEASE – As of November 1st, 2020, managing director Ki Jun Park of Jumbo Korea hands over the management to Jason Hwang. Park will continue as an advisor to the board, ensuring that Jumbo...Read more
“Traditional freight forwarding now requires additional services”
The Covid-19 pandemic is forcing freight forwarders to expand their services in order to secure contracts. “We have to rethink how we handle project forwarding and offer additional services like engineering”, said managing director Maria...Read more
OHT signs contract for first jack-up installation vessel
Offshore Heavy Transport (OHT) has signed a contract with China Merchants Industry Holdings for the construction of the first of two turbine installation vessels. The Norwegian offshore carrier is creating a pure-play offshore wind company...Read more
Ulstein: Installation vessels can already operate on hydrogen today
Ulstein has designed its second hydrogen hybrid installation vessel for the offshore wind industry, the Ulstein J102. It can operate in zero-emission mode 75% of the time using readily available technology. “We have designed a...Read more
Swire Blue Ocean becomes Cadeler and goes public
Swire Pacific Offshore plans to list its subsidiary Swire Blue Ocean on the Oslo Stock Exchange. The company will also undergo a thorough rebranding process and will be renamed Cadeler. The move comes on the...Read more
Shell cuts up to 9,000 jobs in sustainability push
Shell will cut 7,000 to 9,000 jobs as part of a large-scale business transformation aimed at making the company sustainable. The oil major wants to grow its chemicals and biofuels production while also looking at...Read more
Svend Andersen: “If you’re not optimistic, you shouldn’t enter the business”
SAL Heavy Lift this week announced it has bought a majority stake in Intermarine. When asked by SAL CEO Martin Harren, Svend Andersen decided to return from his retirement to lead the company. “It will...Read more
Russi Batliwala new chairman of Chapman Freeborn, Eric Erbacher becomes CEO
PRESS RELEASE – Global aircraft charter specialist Chapman Freeborn has appointed long-serving Russi Batliwala as its new chairman and welcomed back Eric Erbacher to replace him as CEO.Read more