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Grupo R News

27 Oct 2025

Panama Canal Begins Industry Engagement for the Development of Port Terminals

© Panama Canal Authority

The Panama Canal launched a consultation process with representatives of the maritime industry to identify potential partners interested in developing port terminals on both the Atlantic and Pacific sides of the waterway.Following a process similar to that followed for the introduction of the gas pipeline project, the Panama Canal convened a group of representatives from companies with proven experience in container port operations and container shipping lines.According to institutional rules and regulations…

10 Mar 2025

Cruise Ship Interiors Design Expo Americas

February, Brighton - Cruise Ship Interiors Design Expo Americas (CSI Americas) sets the stage for a transformative year for the cruise ship interiors industry. Registration is now open for the upcoming edition of CSI Americas, which will take place at the Miami Beach Convention Center, 3 - 4 June. With the newbuild horizon now stretching the order book to 2036, the entire cruise ship interiors supply chain is activated and ready to create the ships of tomorrow.The cruise industry order books are now bulging at the seams, having added an impressive 35 new ship orders by the close of 2024.

10 Feb 2025

Konecranes Banks New Hybrid RTG Orders in Spain

Photo Courtesy Konecranes

Terminales Marítimas de Vigo, S.L.U. (Termavi), a new Konecranes customer has ordered two hybrid Konecranes Rubber-Tired Gantry (RTG) cranes equipped with the complete range of Konecranes Smart Features. The order was booked in Q4 2024, and delivery is scheduled for Q4 2025.Termavi operates the main container terminal at Spain’s Port of Vigo on the country’s Atlantic coast and has implemented a number of initiatives to increase energy efficiency, reduce its carbon footprint, and protect biodiversity.

04 Aug 2024

Esgian Week 31 Report: Busy Week for Borr Drilling, Valaris, Transocean and Noble

© chanjaok1 / Adobe Stock

Esgian provides an update on what has been a busy week in the offshore drilling market in its Week 31 Rig Analytics Market Roundup.Report SummaryContractsBorr Drilling has confirmed new contracts for several of its 400-ft jackups, including work for the Arabia I in Brazil, Gunnlod in Malaysia, and Norve in Gabon. Borr stated that these new commitments cover a total 1,779 days and $332 million in contract revenue, including mobilisation and demobilisation.North Oil Company has…

14 Jul 2024

Esgian Week 28 Report: Rig Activity Robust

© Lucasz Z / Adobe Stock

Esgian provides an update on rig activity and discoveries in its Week 28 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesThe Norwegian Ocean Industry Authority (Havtil) has given Equinor consent for exploration drilling in blocks 32/4 and 32/7 in the North Sea.Operator LLOG Exploration Company is currently drilling its fifth well at the Buckskin field in the US GOM.Equinor and its partners Petoro, Vår Energi, and TotalEnergies started production from…

30 Jun 2024

Esgian Week 26 Report: Drilling Activity is High

© bomboman / Adobe Stock

Esgian provides an update on drilling activity in its Week 26 Rig Analytics Market Roundup.Report SummaryContractsVentura Offshore has been granted exclusive marketing rights from Hanwha Drilling LLC for the newbuild 12,000-ft 7th generation drillship, Tidal Action, for an ongoing tender process in Brazil.Transocean has announced a 365-day contract extension for the 12,000-ft drillship Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico.Northern Ocean Ltd.-owned 7…

18 Nov 2021

New Zero-emissions Electric Ferry to Be Built in Portugal

(Image: Shift Clean Energy)

Southern Europe's first all-electric ferry is being built by Navaltagus Reparação e Construção Naval, a member of Grupo ETE, in Portugal.Designed by Vera Navis Naval Architects, the zero-emissions ferry is being built and will operate in Aveiro, Portugal.Shift Clean Energy and Nave De Luz Lda (NDL) are co-leading a consortium to supply and install electrical components for the new vessel. Additional members of the consortium include Danfoss Editron, power electronic and Technology Venture Middle East Marine Services LLC, the technology integration consultants and Marine Electricals (I) Pvt.

15 Jul 2021

VIDEO: Boskalis Delivers Final Turbine for Kincardine Floating Wind Farm

Dutch marine and offshore services provider Boskalis said this week it has completed the installation of the fifth and final floating wind turbine at the Kincardine floating wind farm off the UK, currently the world's largest floating wind farm."Last week we successfully connected the fifth and last floating wind turbine to the pre-installed mooring spread in the field offshore Aberdeen," the company said in a social media post on Thursday."This marks the finalization of an impressive transport and installation project within the emerging floating wind industry.

29 May 2020

Final Windfloat Atlantic Floating Wind Turbine Heads Offshore

Credit: Bourbon Subsea Services

The third - and final - floating wind turbine has been towed offshore as part of the Windfloat Atlantic project, located 20 km from Viana do Castelo on the Portuguese coast. The project, dubbed the first floating offshore wind farm in continental Europe, is operated by the Windplus consortium, consisting of EDP Renováveis (54.4%), Engie (25%), Repsol (19.4%) and Principle Power Inc. (1.2%). Bourbon Subsea Services is responsible for the towing and the connection of the 8.4 MW floating wind turbine supplied by MHI Vestas.With the support of three vessels (the Bourbon Orca AHTS…

13 Feb 2020

PSA Marine Buys Peruvian Towage Co

Singapore towage and pilotage company PSA Marine has moved into the South American market with the acquisition of Tramarsa Flota, a Peruvian towage company.Tramarsa Flota and its subsidiaries have been acquired from Grupo Romero. Headquartered in Lima, Tramarsa Flota offers towage, pilotage, launch boat and offshore services in 10 major ports along the Peruvian coastline. It owns 45 vessels, including 17 tugs, 23 launches and five support vessels for diving activities and other marine services.The stock purchase agreement was signed in Lima, Peru, on February 12, 2020.“We are delighted to welcome Tramarsa Flota to our PSA Marine global family. This strategic move will strengthen our international towage and pilotage network.

03 Apr 2019

Kalmar to Help Bimbo's Ops at Mexico

Kalmar has concluded a deal to supply a total of three Kalmar Ottawa Electric Terminal Tractors T2E to the Mexican bakery product manufacturer Bimbo.Kalmar, part of Cargotec, said in a press release that the order was booked in Cargotec's 2019 Q1 order intake, with delivery of the machines scheduled to take place during Q3 of 2019.Bimbo is the largest baking company in the world, with 199 plants and more than 1,800 sales centres across 32 countries throughout the Americas, Europe, Asia and Africa.The company has one of the largest direct distribution networks in the world, distributing products including fresh and frozen sliced bread, buns and cookies. The Kalmar Ottawa electric terminal tractors will be operated at Grupo Bimbo's new distribution centre in Azcapotzalco, Mexico City.

20 Feb 2019

Keppel Delivers Jack-up Rig to Grupo R

Singapore's Keppel FELS has delivered the jackup rig, Cantarell IV, to Grupo R with a perfect safety record.The wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M) said that as part of the deal, Grupo R has entered into a sale and leaseback agreement with FELS Asset, another wholly-owned subsidiary of Keppel O&M.FELS Asset will purchase the rig from Grupo R for US$179m which is equivalent to the balance contract value of the rig. Cantarell IV will be leased back to Grupo R on a bareboat charter at competitive day rates over five years. IPC, the parent company of Grupo R, will provide a Parent Company Guarantee on Grupo R's charter payment obligations.Under the bareboat charter…

28 Dec 2018

Case Study: Floating top marks for piles in flooding rivers

Image: Grupo Lindley / Administração dos Portos do Douro, Leixões e Viana do Castelo

Grupo Lindley was approached by Administração dos Portos do Douro, Leixões e Viana do Castelo in Portugal to improve the reliability of the aids to navigation in the Douro River. Along this stretch of navigable waters there are many piles that when the river floods become totally submerged.In conjunction with Instituto Hidrográfico (Portuguese Navy), Almarin together with sister company Lindley in Portugal has been working on a topmark that performs as a buoy floating off from the pile in high water.

02 Nov 2018

Sixth Anchor Handler Delivered to CBO

CBO Terra Brasilis (Photo: Grupo CBO)

Brazilian shipping company Grupo CBO has taken delivery of the final vessel in a series of six Brazilian-built anchor-handlers.The half dozen anchor-handling vessels are of the Havyard 843 design by Norway's Havyard Design & Solutions, which developed the design specially for Brazilian conditions to offer greater width and deck capacity.Havyard signed the initial design contract for the first four vessels in 2014 and a further two in 2016, marking the design firm's first contract…

21 Jan 2018

Keppel Explores Sale of Jack-up Rigs to Borr Drilling

Singapore yard Keppel Corporation is considering a sale of jack-up rigs to Norwegian offshore drilling contractor Borr Drilling, reports The Business Times. The world’s biggest builder of oil rigs is seeking to offload six jack-up rigs for up to US$960 million to the Oslo-listed drilling firm headed by Tor Olav Trøim, said the report. BT also reported that Keppel Capital has already hooked up with structured finance provider Clifford Capital to potentially extend a sale-and-lease-back arrangement for at least one jack-up contracted by Grupo R. The global offshore oil drilling sector is slowly trying to emerge from an industry downturn since the oil price crash.

13 Oct 2017

Markey ARR Winch System: Tried & Tested in the Toughest Tug Challenges

For more than 30 years, Markey Machinery has worked with the LNG and marine transportation Industries with the goal of developing winches designed to work under the most challenging conditions. The effort includes extensive design shop testing and actual commercial work, a combination that has ultimately produced an understanding of the operational issues facing terminal and tug operators. The many milestones in the development of Markey’s Asymmetrical Render/Recover (ARR) – technology by which hawser winches are able to maintain mean line pulls up to the bollard pull of the tug – came over a period of time that spans 25 years. The initial 20+ years of hawser winch design and Render/Recover development followed a traditional design path, influenced, in part, by market pressures.

01 Aug 2017

Panama Canal Wins $193 mln Arbitration

The head of the Panama Canal Authority said on Monday a Miami-based arbitration board rejected a demand by Spanish-led GUPC consortium for $192.8 million to cover cost overruns during the building of a third set of locks for the century-old waterway. GUPC or Grupo Unidos por el Canal includes Sacyr SA of Spain, Impregilo of Italy, Jan De Nul of Belgium and Constructura Urbana of Panama. The authority's chief executive, Jorge Quijano, announced the ruling in a post on his Facebook page. "We have been informed that we have won a major arbitration dealing with the expansion of the canal by the GUPC contractor for $192.8 million," Quijano wrote in a post.

13 Apr 2017

China's CMG in Talks for Advent's Brazil Port Stake

China Merchants Group Ltd is in advanced talks to buy Advent International Corp's 50 percent stake in TCP Terminal de Contêineres de Paranaguá SA, Brazil's second-busiest container port, O Estado de S. Paulo newspaper said on Thursday. According to Estado, which cited unnamed sources familiar with the transaction, talks with the Chinese state-run company known as CMG gained momentum after Advent's negotiations with Dubai-based DP World Ltd hit a snag. Reuters reported in August that Advent had hired Morgan Stanley & Co and Grupo BTG Pactual SA to sell the TCP stake. Sources said at the time that Advent wanted to fetch a price for the stake that could set a minimum value of 3.5 billion reais ($1.1 billion) for TCP.

26 Nov 2016

Grupo TMM Orders Damen ASD Tug 3212

Leading Mexican maritime operator, Grupo TMM, has signed a Protocol of Delivery and Acceptance with Damen Shipyards Group for a 70 tonne bollard pull ASD Tug 3212 named TMM COLIMA. The tug will operate in the Mexican port of Manzanillo on the Pacific Coast. Ongoing port modifications and changes in port authority requirements were the driving force behind the deal. Founded in 1958, Grupo TMM has become one of the largest integrated logistics and transportation companies in Mexico. The group provides a dynamic combination of specialized maritime services, port and terminal management and integrated logistics services to an extensive Mexican and international client base.

28 Sep 2016

Finalists of Global OSCC Award Announced

THE top three international employers and training providers shortlisted to compete to be crowned winners at the annual OPITO Safety and Competency Awards in Kuala Lumpur have been announced today (28th September, 2016). Shell Nigeria, Oil Spill Response Limited (OSRL) and McDermott are shortlisted in the Employer of the Year category, while PT Sampson Tiara, Wild Geese and Grupo Stier have been named in the OPITO approved Training Provider of the Year section. The winning companies in each category will be unveiled during the 2016 OPITO Safety & Competency Conference (OSCC), in partnership with PETRONAS, at The Royale Chulan, Kuala Lumpur, Malaysia, on Wednesday 16th November.

29 Aug 2016

Advent Hires Banks to Sell Control of Brazil Port

Buyout firm Advent International Corp has hired Morgan Stanley & Co and Grupo BTG Pactual SA to advise on the sale of a controlling stake in TCP Terminal de Contêineres de Paranaguá SA, Brazil's second-busiest container port, according to two people with direct knowledge of the plans. Earlier this year, Boston-based Advent had announced plans to sell the 50 percent stake it has in TCP, which can handle about 1.5 million tonnes of cargo containers annually. BTG Pactual joined Morgan Stanley as advisor to Advent at the start of July, the people said. The sources, who spoke with Reuters in recent days, asked for anonymity because the plan remained confidential.

18 Aug 2016

DP World H1 Profit Soars on Acquisitions

DP World, one of the world's largest port operators, reported a 50 percent leap in net profit for the first half of this year on Thursday, helped by the acquisitions of the Dubai's Jebel Ali Free Zone and Canada's Fairview Terminal. The company made a profit attributable to shareholders of $608 million in the six months to June 30, compared to a profit of $405 million in the corresponding period last year. EFG Hermes had forecast the company would make a quarterly profit of $432.9 million. DP World's revenue for the first half was $2.09 billion, up from $1.90 billion a year earlier. In July, the company said consolidated throughput for the period was 14.6 million TEUs (twenty-foot equivalent units), down 1.4 percent from a year earlier on a like-for-like basis.

02 Jul 2016

Panama Canal Traffic to Double

The expansion of the Panama Canal will take traffic through the inter-oceanic passage to a new level, which already handles around 6 percent of global trade transportation, its administrator said on Saturday. With the expansion of the canal's width and depth, the volume of traffic will double, as Panamax-class vessels will now be able to pass through, carrying up to 14,000 cargo containers. Jorge Luis Quijano, administrator of the Panama Canal, said at a press conference that this expansion, which will be inaugurated on Sunday, will open up new opportunities in sectors such as logistics and ship repairs. The main contractor for the expansion was the consortium Grupo Unidos por el Canal.