PRESS RELEASE – Following the basic design contract in December 2020, Great Lakes Dredge & Dock has now contracted Ulstein to continue the project with the integration engineering for their new dynamically positioned rock installation...Read more
Dutch shipbuilder Royal IHC is laying off 1,100 employees as part of a major restructuring In order to return to profitability, the company is returning to its core activities in the dredging and offshore market.Read more
At the Royal Niestern Sander shipyard, Royal Wagenborg has transported the aft ship section of the EasyMax 2 from the construction hall to the quay side. It is now aligned with the rest of the...Read more
PRESS RELEASE – Shipyard Royal Niestern Sander and Wagenborg Offshore have been contracted to build the world’s first shallow draft icebreaking Walk-to-Work vessel. Following delivery in December 2021, Mercury Sakhalin will operate the vessel on...Read more
Shipbuilder Hyundai Heavy Industries has acquired its smaller rival Daewoo. Despite fierce opposition from employees, Hyundai and Daewoo’s major shareholder, the state-managed Korea Development Bank, signed a contract for the acquisition last week. If the...Read more
The heavy cargo deck carrier for offshore wind projects in the North and Baltic Seas which is currently being built at a Chinese shipyard, is the answer to a wide range of customer requirements for...Read more