Fred. Olsen wins another offshore wind contract in Taiwan
PRESS RELEASE – CSBC-DEME Wind Engineering has awarded Fred. Olsen Windcarrier the transport and installation contract for the Changfang and Xidao wind farms (CFXD) in Taiwan. In total, the scope of the contract covers 62...Read more
Oil companies cut investments by tens of billions of dollars
Faced with the coronavirus and the crude price collapse, oil and chemical companies are drastically scaling back capital investments to preserve cash. Most major companies have announced multibillion-dollar reductions. Shell will reduce its 2020 capital expenditure...Read more
Penta-Ocean and DEME team up to build wind farms in Japan
PRESS RELEASE – Penta-Ocean and DEME Offshore have teamed up to jointly build offshore wind farms in Japanese waters. The companies will first develop new technologies to fight the elements and subsequently execute projects together. Japan...Read more
Van Oord had tough 2019, prepares for “another challenging year”
Van Oord has had a tough year in 2019 with rising debt and lower revenue and profit as a result of the difficult dredging market. Confronted with the coronavirus, “2020 looks set to be another...Read more
“Double-edged crisis could lead to catastrophic job loss”
The British oil industry is sounding the alarm warning that the oil price war and Covid-19 could drive the North Sea oil and gas industry over the cliff edge, putting tens of thousands of offshore...Read more
DEME installs substations for Belgian wind farm SeaMade
PRESS RELEASE – DEME has successfully installed the two substations for the SeaMade offshore wind farm in the Belgian North Sea, marking a major milestone in the construction of Belgium’s largest offshore wind farm. Each weighing...Read more
World’s largest crane vessel to arrive in Rotterdam
PRESS RELEASE – The world’s largest semi-submersible crane vessel, Heerema’s Sleipnir, will arrive in the Port of Rotterdam for the first time on Saturday, March 21. The vessel arrives to prepare for future decommissioning work...Read more
More than 200 European oilfield service providers face bankruptcy
More than 200 European mid- and small-sized oilfield service companies face insolvency as Covid-19 will hit the market hard and cut purchases by USD 5 billion year-on-year, a new analysis by Rystad Energy shows. In pre-coronavirus...Read more
Siemens Gamesa: “We will maintain manufacturing and installation operations”
While the coronavirus is reaping havoc and the oil price plunged below 30 dollars, Siemens Gamesa has provided a shred of good news in an otherwise disastrous week: the wind turbine manufacturer will be able...Read more
Pioneering Spirit tests new 5,000-tonne crane
PRESS RELEASE – Allseas is ramping up the final performance tests of Pioneering Spirit’s new 5000-tonne crane as the final phase of commissioning nears conclusion in Rotterdam’s Alexiahaven. This week, the main hoist overload test...Read more
KenzFigee expands into UK market
PRESS RELEASE – Following a growing demand for offshore equipment and support in the emerging markets such as decommissioning and wind energy, KenzFigee has now expanded its services to the UK. Clients in the UK...Read more
Heerema closes HQ in response to Dutch coronavirus measures
Heerema Marine Contractors (HMC) has closed its headquarters in Leiden, the Netherlands in response to measures issued by the Dutch government. In an attempt to slow down and prevent the spread of COVID-19, The Hague...Read more
Coronavirus forces organizers to postpone and cancel breakbulk events
The outbreak of the coronavirus is having a major impact on the transport and logistics industry but event planners are faced with tough decisions as well. An increasing number of breakbulk and project cargo events...Read more
SAL Heavy Lift completes first piling project with new fly-jib
PRESS RELEASE – SAL Heavy Lift has recently completed its first offshore piling project using its newly installed fly-jib on the heavy-lift vessel Lone. Together with the main contractor Per Aarsleff A/S, the German shipping company...Read more
Demand growth for multipurpose shipping wiped out by coronavirus
There’s little chance left that multipurpose and heavy-lift vessels will see any demand growth this year following the outbreak of the coronavirus. “Any anticipated recovery will not be sufficient to offset contractions of the first...Read more
Buss wins tender offer for the world’s largest offshore wind farm
PRESS RELEASE – Buss Terminal in Eemshaven will serve as the base port for the installation of the foundation structures of the Hornsea Two offshore wind farm. As of May, more than half of the...Read more
Video: Pioneering Spirit’s new Jacket Lift System explained
Allseas’ record-breaking construction vessel Pioneering Spirit will soon be able to remove and install jackets weighing up to 20,000 tonnes in a single lift. Systems and parts of the new Jacket Lift System are taking...Read more
Fuel prices take a massive nosedive
Fuel prices have taken a massive nosedive since the beginning of the year with low sulphur fuel prices in Singapore dropping from USD 734 per tonne on January 1st to USD 415 per tonne today. The...Read more