Savage Takes the CTO Seat at Silverstream
Silverstream Technologies appointed Catriona Savage into the newly created position of Chief Technology Officer (CTO). Savage will lead the continued development of the innovative Silverstream System and will further develop the technical centre-of-excellence built by Silverstream Technologies. The new role will lead on Product Development and Application Engineering and all aspects of product quality…
The Marcura Group Acquires ShipServ
The Marcura Group signed a definitive agreement to acquire ShipServ, a maritime online procurement platform and marketplace. ShipServ’s 126 employees will come together with Marcura’s 850 to serve a combined customer base of 800 maritime customers and a network of 47,000 maritime suppliers globally. ShipServ will continue to operate as a separate company, maintaining its own brand identity.The acquisition has been overseen by Marlin Equity Partners…
DEME Reports Strong H1 Performance
DEME Group has released its half year results saying its orderbook is 7.7 billion euro ($8.3 billion), up 36% compared to H1 2022, reflecting continued healthy demand and strong market positioning across all segments.Group turnover grew 14% year-over-year to 1.5 billion euro ($1.6), with growth in the offshore energy and environmental segments. Net profit was 30 million euro ($32 million), down from 39 million euro ($42 million) a year ago…
Cadeler Reports Strong Results, Outlook
Cadeler A/S published its interim financial report for the first half of 2023 presenting a positive result exceeding the guidance projected for the fiscal year 2023. Revenue in the first six months of 2023 was EUR 68 million, which is an increase of 57% against the same period last year. Adjusted EBITDA for the first half of 2023 was EUR 44 million, which is a EUR 21 million increase compared to the same period last year. EBITDA for H1 2023 was EUR 42 million.
Norway-Poland Offshore Wind Deal Signed
Norwegian Offshore Wind has signed an MoU with The Polish Investment and Trade Agency, aiming to boost offshore wind collaboration between the two countries.“These two markets have different strengths within offshore wind, and we therefore have a lot to gain on establishing strong connections between both supply chain companies and developers,” says Arvid Nesse, manager of Norwegian Offshore Wind, an organisation with 380 members.Nesse points out that Poland has experience within construction…
Wärtsilä Offering Onboard CCS Feasibility Studies
Wärtsilä is now offering carbon capture and storage (CCS) feasibility studies to shipowners and operators. Studies have already been conducted on a range of vessel types including ro-ro and ro-pax vessels, a drill ship, a container vessel and a gas carrier.The process takes four to six months of study and design work. Wärtsilä Exhaust Treatment’s experts are involved in ship design at an early stage…
Damen Shipyards Galati Celebrates 130 Years
This year sees a milestone moment for Damen Shipyards Galati in Romania as the yard marks 130 years of operation. Part of the Damen Shipyards Group since 1999, the Galati yard has been responsible for some of the company’s largest and most complex vessel deliveries to date.The Galati yard, on the banks of the Danube, first opened its gates in 1893. Beginning life as a mechanical construction and iron and bronze foundry, by 1897, it had gone into the ship repair business and was known as G.
Maersk Supply Service to Narrow Business Focus
Maersk Supply Service has announced that it will focus on scale and competitiveness in two core business areas: offshore wind and offshore support vessels.By focusing on fewer business areas and regions, the company says it will increase its presence in core markets, increase synergies in its operations and improve profitability.The offshore vessel markets continue to improve, and the energy transition continues to accelerate.
Arcosa Eyes Barge Market Recovery
Infrastructure-related products and solutions provider Arcosa said it is seeing signs of improvement in the U.S. barge building business following several years of low order levels.The Dallas-based company said in its second quarter earnings report that it received approximately $81 million in new barge orders, including mostly hopper barges scheduled for delivery in 2024.Arcosa's barge backlog at the end of the quarter was $287.1 million…
NOAA to Award $28 Million to Tackle Marine Debris
The Department of Commerce and NOAA announced the availability of up to $28 million across two funding opportunities to address marine debris throughout the coastal U.S., Great Lakes, territories and Freely Associated States. These two Fiscal Year 2024 funding opportunities are part of NOAA’s Climate-Ready Coasts initiative under President Biden’s Bipartisan Infrastructure Law, and allow NOAA to support impactful…
American Cruise Lines’ First New Coastal Cat Enters Service
American Cruise Lines introduced its first new Coastal Cat, American Eagle, during a christening ceremony in at the Massachusetts Maritime Academy campus on Buzzards Bay last week.Carol Robertson, wife of American Cruise Lines’ founder the late Charles A. Robertson, served as godmother for the ship and christened the 100-passenger American Eagle with one of her handmade, ribbon-wrapped champagne bottles.
ESVAGT Develops Larger Transfer Vessel
Danish partners ESVAGT and Hvide Sande Shipyard are collaborating to create larger and stronger transfer boats, with room to transport more technicians and cargo for the offshore wind industry.Many years ago, ESVAGT introduced safe transfer boats (STB) to operate as daughter craft from their service operation vessels (SOV) to transfer technicians in offshore wind farms.Now, the new STB15, developed with Hvide Sande Shipyard for use on the Hornsea offshore wind farms…
US Navy Awards Leidos Unmanned Vessels Contract
Tech company Leidos was recently awarded a new task order by Naval Sea Systems Command to manage, operate and maintain the U.S. Navy’s Overlord and medium unmanned surface vessels (USVs). The single-award task order has a one-year base period of performance and two one-year options. The task order has a maximum value of approximately $95 million if all options are exercised.“Leidos is leading a new era of naval operations,” said Gerry Fasano, Leidos Defense Group president.
Brix Marine Delivers Research Vessel for Pacific Whale Foundation in Hawaii
Port Angeles, Wash.-based Brix Marine has delivered the Pacific Whale Foundation's new research vessel Kaiao, custom-built to support marine research, conservation and education.Founded in 1980 and based in Maui, Hawaii, the PWF is a nongovernmental organization that has been at the forefront of whale research and public education, striving to safeguard the marine environment and prevent the destruction…
“K” Line Taps Navtor for Fleet Monitoring
Kawasaki Kisen Kaisha, Ltd. (“K” Line) has adopted NavFleet as a fleet monitoring system platform provided by Navtor A.S., and witnessed by Norwegian Embassy in Japan, “K” Line signed a MoU with Navtor regarding the development of “K” Line 24/7/365 global fleet monitoring and support system through the use and functional expansion of NavFleet on August 25.Navtor is Norway-based company developing the maritime DX business that is well known as a provider of electronic navigational charts…
First US Gulf Offshore Wind Auction to Fuel Green Hydrogen Push
The U.S. Gulf Coast region, the nation's primary offshore source of oil and gas, has cheap electricity and lacks state mandates for renewable energy procurement, making it an unlikely place to expand one of the most expensive forms of clean energy.That is why players in the nascent U.S. offshore wind industry are looking beyond the grid when the Biden administration holds the first-ever offshore wind auction in the Gulf of Mexico on Tuesday…
New Product: Robust, Stylish Marine Luminaires
Glamox launched new range of energy-efficient indoor lighting for vessels and offshore installations, with an eye on style.The AL40 LED range of indoor luminaires is specially designed to light the interior of vessels and offshore installations. The luminaires are designed to provide comfortable and glare-free lighting for locations where crew and passengers spend a lot of time. This includes offices, cabin corridors, staircases, crew cabins, control rooms, and the bridge.
Erik Thun Unveils New Lake Vanern MAX Bulk Carrier Series
Sweden’s Erik Thun Group has unveiled its next generation battery-hybrid, dry cargo vessel series being built at Shipyard Ferus Smit in the Netherlands.The Lake Vanern Max is hybrid, with a battery pack for peak shaving and power smoothening, reducing the reliance on auxiliary engines for electricity generation. The vessel is designed to stay at anchor without using auxiliary engines. Shore connection…
14th Annual Maritime Risk Symposium to be Held Nov. 14-16 at SUNY Maritime
The 2023 Maritime Risk Symposium (MRS) will be held Nov. 14-16, 2023, as an in-person event, hosted by Maritime College, State University of New York (SUNY) at the Maritime Academic Center. The theme of the 14th annual event is “Managing Impacts of Supply Chain Disruptors, Renewable Energy, Emerging Technology on the Maritime Transportation System (MTS)” with a focus on offshore infrastructure risk and disruptors.
Partners to Demonstrate Offshore Charging of SOVs
Danish offshore charging solutions company Stillstrom has signed an MoU with UK offshore support vessel operator North Star to accelerate the adoption of offshore charging and vessel electrification technologies for service operation vessels (SOVs) in the offshore wind sector.Stillstrom’s charging solutions will enable North Star's growing SOV fleet to recharge their battery systems using wind energy while in the field.By combining their expertise and resources…
