Boskalis’ order book reaches record high
OffshoreBoskalis has a record amount of work in the pipeline despite the impact of Covid-19. The value of the company’s order book stands at EUR 5.3 billion euros at the end of last year, reflecting...Read more
Tidewater to dispose of nearly 50 vessels this year
Oil & GasOffshore supply vessel operator Tidewater plans to dispose of 46 vessels in an attempt to improve its balance sheet. Despite improving market conditions and a 20% hike in revenue, the company recorded a net loss...Read more
Siemens Gamesa won’t rush bigger turbines to market, says CEO
Siemens Gamesa will not be rushing bigger wind turbines to market following GE’s release of the 12MW Haliade-X. Instead, the company will focus on improving its position amidst a period of rapid consolidation that will...Read more
Thorco Projects triples revenue and increases profit
Annual reportThorco Projects has tripled its revenue last year and posted a small profit of USD 3.4 million. However, the purchase of expensive and loss-making vessels is still troubling the company. The revenue of the asset-light company...Read more