Services Company News

Marine geosciences and offshore construction support services company NextGeo has appointed Frank Koopman as Offshore Wind Strategy Director.Koopman is an experienced executive and leader in the offshore energy sector, with over 20 years of experience in leading complex organizations, projects and innovation programs. He was Global Director Offshore Wind and Global Director Marine Site Characterization at Fugro from 2019 to 2023.Giovanni Ranieri, CEO of NextGeo, said, “We are thrilled to confirm our collaboration with Frank Koopman, who will serve as NextGeo's Offshore Wind Strategy Director.

Maritime services company Consulmar has performed a zero-emissions mooring service for a tanker, said to be the world’s first such operation.This operation took place at an offshore multiple buoy mooring site near the BP refinery, situated 2 miles from the Port of Castellón in Spain.Utilizing its electric line handling tug, CASTALIA, Consulmar towed the steel mooring lines from the vessel to each of the five mooring buoys, marking a significant advancement in the maritime industry towards more sustainable practices.The tanker vessel ARCHANGEL…

Danish offshore marine services company Maersk Supply Service and U.S. vessel owner Edison Chouest Offshore (ECO) have partnered up for the construction and operation of a windfarm feeder concept specifically designed for Maersk Supply Service’s next-generation wind installation vessel (WIV).The purpose-built feeder spread includes two tugs and two barges to be delivered in 2026. They will be owned and operated by ECO and constructed by Bollinger Shipyards – the largest privately-owned shipyard group in the United States.As a key component to the installation process…

Towage and marine services company Svitzer has published its 2023 annual report, showing that total revenue grew 6% to DKK 5,786 million driven by, among other things, a record number of harbour towage tug jobs of more than 150,000.Adjusted for foreign exchange impact, total revenue grew 9.5%. Operating profit (EBITDA) was up 4% to DKK 1,690 million, corresponding to an EBITDA margin of 29.2%. In the past five years, total revenue has on average grown by almost 6% annually with an average EBITDA margin of 30%.

With a fleet of nine U.S.-flag RoRo ships, American Roll-On Roll-Off Carrier Group (ARC), is the U.S.’ premier commercial RoRo carrier of U.S. government and military cargo. As the world becomes an increasingly contentious place, Eric P. Ebeling, President & CEO, ARC, discusses the vast capabilities of the ARC fleet and logistics network, as well as the challenges and opportunities ahead for U.S.-flag ships in the international trade.By the numbers’ is a simplistic means to gauge the size and shape of any shipping company…

Belgium-based offshore installation services company DEME has installed the first XXL monopile foundation at the 882 MW Moray West offshore wind farm in Scotland.DEME used its Orion offshore installation vessel to complete the task, which is part of its work scope that includes both the installation of monopiles and transition pieces.The company’s jack-up vessel Apollo is also joining the effort, taking care of installing the transition pieces.According to DEME, it is using vibro hammer technology, minimizing the environmental impact from vibrations.Apollo vessel previously demonstrated its ex

Offshore installation services company Jan De Nul has ordered methanol marine engines from ABC Engines for its new cable-laying vessel Fleeming Jenkin with ‘unrivalled cable-carrying capacity’.The order includes four 7,200 kW engines and one 1,800 kW engine that can run on (bio)diesel, HVO and methanol.Using green methanol, the engines are also climate neutral and due to the unique combination with the ULEv technology they also meet the strict Stage V standard for particulate matter and Euro 6 standard for nitrogen.According to Jan De Nul…

Port agency and marine services company Inchcape Shipping Services (ISS) announced the appointment of Svend Stenberg Mølholt as Chief Commercial Officer, effective January 9, 2024.Svend has been in the shipping industry for 20 years, most recently serving as the Group COO in Monjasa Holding, a global fuel and shipping company. While serving as the Group COO, Svend also held the position of Chairman of the Board at RelateIT, one of Denmark’s largest NAV/Business Central partners.

Cosco Shipyard in China has launched Cadeler’s newbuild vessel Wind Peak, designed to be able to transport and install up to seven complete 15 MW offshore wind turbine sets per load.The launching of Wind Peak is a critical milestone that marks the completion of the vessel’s hull, Cadeler said.Leading up to the launch is two years of intricate engineering and 18 months of construction of the P-class vessel.After the launching, the jacking legs and cranes will be installed onboard alongside various technical installations…

Thai subsea services company Mermaid Maritime has through its subsidiary Mermaid Subsea Oil and Gas Services (MSOGS) secured a loan of up to $10 million for the acquisition of Mermaid Sapphire ROV support vessel.The loan agreement, SinoPac Capital International, will facilitate the reimbursement of Mermaid’s equity used for the acquisition of the Mermaid Sapphire.The Mermaid Sapphire is a DP2 remotely operated vehicle (ROV) support vessel equipped with a deepwater work-class ROV…

As the maritime and offshore industries cumulatively search for ways to attract the 'next generation,' Saipem has come up with an innovative approach that gives thousands of students the ability to virtually visit work in the offshore environment: two days on board a naval vessel engaged in the construction of a large wind farm in the North Sea. This is the experience that almost 27,000 elementary and middle school students from over 850 cities were able to live thanks to an exclusive virtual and interactive school trip organized by Saipem…

U.S.-based dredging and marine services company Great Lakes Dredge & Dock Corporation on Monday announced it has been awarded a third rock installation contract to perform subsea rock cable protection on an offshore wind project off the East Coast of the United States. The project remains subject to the client’s final investment decision (FID).Great Lakes will use the first Jones Act compliant subsea rock installation vessel, the Acadia, currently under construction at Philly Shipyard in the U.S. to execute the project. The project scope includes procurement of rock from our U.S.

Danish offshore wind installation services company Cadeler said Monday it had entered into an unsecured green loan facility with HSBC. The purpose of the loan facility is, among others, to fund Cadeler’s construction of the X-class and F-class newbuild vessels and the upgrade of the existing O-class vessels with new cranes. The financing includes a non-committed accordion option of up to EUR 50 million.Cadeler entered into an unsecured green term loan facility in an aggregate amount of EUR 50 million (tenor of up to five years) with The Hongkong and Shanghai Banking Corporation Limited…

Reach Subsea, a Norwegian subsea services company, has signed a long-term charter contract with Agalas for a modern IMR/Survey vessel to be built in Turkey.According to Reach Subsea, to be hired on three or five-year charter, will has a low emission, smart lifting arrangement and a state of the art equipment package that can be adapted to several market segments, with delivery early 2026.Reach Subsea CEO Jostein Alendal said:"The market for subsea vessels is expected to remain tight for the foreseeable future…

Hornblower Group on Monday announced the promotions of several key members of its leadership team.“These changes within the leadership team represent a significant milestone for Hornblower Group as we forge ahead in working toward our company’s ambitions goals,” said Kevin Rabbitt, Chief Executive Officer for Hornblower Group. “I have full confidence that this group, with their impressive backgrounds and extensive industry knowledge, will significantly contribute to supporting our company's overall business strategy and lead us toward a successful future.

Aiming to attract more women into the maritime sector, ship management and maritime services company Columbia Group has launched a mentoring program aimed at female cadets.“We need to change the culture in the industry surrounding women and make it more viable for them to have a career in maritime, so that we can attract and widen the pool of talent that we draw from,” said program leader Claudia Paschkewitz, Columbia Group’s Managing Director of Sustainability, Diversity & Inclusion.“We…

Subsea services company DeepOcean and the Norwegian oil and gas company Aker BP have agreed to "pioneer" the use of an unmanned surface vessel (USV) for subsea inspection, maintenance, and repair (IMR) and survey work.The first USV is planned to be ready for offshore operations from 2025, when it will go on an eight-year charter agreement with DeepOcean from specialist provider USV AS."Aker BP and DeepOcean already cooperate under a frame agreement for subsea IMR and survey work, and Aker BP has contributed to the development of the USV.

Dutch offshore installation services company Van Oord is set to start the cable installation works on Iberdrola's Baltic Eagle offshore wind farm in Germany."After Van Oord’s heavy lift installation vessel Svanen completed installation of all fifty monopiles for Iberdrola Deutschland’s Baltic Eagle offshore wind farm, Van Oord now continues installing transition pieces and starts cable installation. This week the inter-array cable loading onto Van Oord’s cable-laying vessel Nexus has commenced…

Offshore installation services company Jan De Nul has ordered an extra-large cable-laying ship with an "unrivaled" cable-carrying capacity from China's CMHI Haimen shipyard.The vessel, to be named Fleeming Jenkin, will have a cable-carrying capacity of 28,000 tons, and will serve the renewable energy and subsea cable industry in installing cables over longer distances and in deeper waters. The vessel will be delivered in 2026. "Offshore wind farms go deeper and further offshore, and the interconnectivity between countries and regions become essential for the economy and energy security.

Port agency and marine services company Inchcape Shipping Services (ISS) announced it has appointed Harun Duzgoren as the regional chief executive officer for the Americas, effective September 1, 2023.Duzgoren brings to the role 23 years of managerial experience in the global marine services industry. Prior to joining ISS, he served as the chief commercial officer of Subsea Global Solutions. Before that, he spent 16 years at V.Group, where he held various senior international positions.

U.S. based shipping and logistics company Crowley announced it has acquired Tamarind Consolidated, a logistics services company serving the U.S. to the British Virgin Islands.The acquisition will transition Tamarind’s operations and services, including warehousing and non-vessel operating common carrier (NVOCC) services, to Crowley. According to Crowley, the expansion complements its existing maritime and logistics solutions and will expand solutions for customers in Virgin Gorda and surrounding BVI locations.

Funds managed by global investment firm Carlyle and private equity firm Stellex Capital Management announced they have completed the sale of Titan Acquisition Holdings, a bi-coastal leader in ship repair services and marine and heavy complex fabrication, to an affiliate of Lone Star Funds. The initial definitive agreement of the sale was announced in February 2023 and the final close took place on June 15, 2023.Titan is comprised of Vigor Industrial LLC, an infrastructure, defense…

Maritime intelligence and inspection services company Idwal announced it has launched a new vessel-level Environmental, Social, and Governance (ESG) report.The report, Idwal said, is intended to offer visibility into the ESG performance of an individual asset, including how corporate principles translate into onboard understanding and adherence, establishing a new industry standard for assessing and monitoring ESG strategies at a granular level.The company said it has developed the ESG standard over the last year…