GE’s new mega wind turbine poses challenges for the logistics industry
Shipped by the Heavy Lift Group, the worlds largest wind turbine has arrived in Rotterdam where it will be installed onshore for testing. The 12-megawatt strong wind turbine reflects the next step in offshore wind...Read more
Oil prices may fall ahead of 2020, warns Rystad Energy
The oil market is going from gloomy to gloomier, warns Rystad Energy in a new market report. Increased production, economic recession, the ongoing trade war and IMO 2020 together may become a dangerous mix which...Read more
Heerema lands another large wind contract in Taiwan
Heerema Marine Contractors has secured its second large offshore wind contract in Taiwan. Ørsted has contracted the company to transport and install 111 turbine foundations and two large offshore substations for the Greater Changhua offshore...Read more
Saipem CEO does not see clear signs of recovery yet
Saipem CEO Stefano Cao says he does not see clear signs of a recovery of the oil and gas market yet. The offshore contractor recorded a small profit of EUR 14 million over the first...Read more
Baker Hughes sees LNG orders increase by 32%
General Electric’s oil field services provider Baker Hughes beat expectations for the second quarter thanks to strong growth in the LNG market. The company booked USD 6.6 billion in orders and recorded an operating income...Read more
United Wind Logistics completes “ultra-heavy” offshore wind transport
United Wind Logistics has completed the transportation of 20 large monopiles from Rostock in Germany to Taichung in Taiwan. The transport was carried out for Jan de Nul Group, who has been contracted to expand...Read more
TechnipFMC’s orderbook skyrockets in second quarter
TechnipFMC has booked record inbound orders in the second quarter of 2019, with total company orders reaching a value of USD 11.2 billion. CEO Doug Pferdehirt contributes the success to TechnipFMC’s fully integrated EPCI solutions...Read more
Bourbon Offshore suspends listing after creditors demand debt
French shipping company Bourbon Offshore is in serious danger of bankruptcy now that a group of creditors has demanded immediate payment of outstanding debt with a total value of USD 800 million. In a short press...Read more
“Offshore project sanctioning ready to reach heights not seen since the USD 100 barrel of oil”
Offshore project sanctioning in the oil and gas industry has already surpassed the USD 50 billion mark in 2019, nearing the investment level of 2014. “This is yet another signal that the offshore industry has...Read moreHeerema lands first offshore wind gig in Taiwan
Heerema Marine Contractors has signed a new contract to support the construction of the Changhua wind farm project in Taiwan. The job was assigned by the Taiwan branch of Jan de Nul and comprises of...Read moreHeerema 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
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
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
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
Boka Vanguard to serve as dry dock in “world first operation”
Boskalis has secured a unique contract for its flagship heavy transport vessel Boka Vanguard. It will serve as a drydock facility for Carnival’s second-largest cruise ship Carnival Vista. “This is a world-first operation,” Boskalis states. The...Read more