Neptun News

Navigator Holdings has signed a non-binding letter of intent to sell eight gas carriers and its shareholding in a joint venture for about $183 million.The agreement with Bernhard Schulte and Sloman Neptun covers vessels currently managed under the Unigas International joint venture.Navigator said the proposed transaction would see it fully exit the Unigas pool, which will continue to operate with the remaining partners.The vessels, with capacities ranging from 6,800 cubic meters to 12…

DEME has secured three contracts for the installation of monopile foundations, inter-array cables, and the export cable at the BC-Wind offshore wind farm in Poland.The combined contracts are valued between $174 million and $350 million (€150 million and 300 million).BC-Wind, developed by offshore wind firm Ocean Winds, a 50-50 joint venture between EDP Renewables and ENGIE, is located approximately 23 km off the Polish Baltic Sea coast.With a planned capacity of up to 390 MW, the wind farm will generate clean electricity for around 500…

Belgium-based offshore installation services company DEME has ordered a new Offshore Construction Vessel (OCV), which will be built by PaxOcean at the Zhoushan shipyard in China.The new OCV will strengthen DEME’s subsea cable installation capacity to meet the evolving global offshore wind market.Designed for versatility, the vessel will be capable of executing trenching, burial, and cable-laying operations, complementing DEME’s existing cable installation vessels, Living Stone and Viking Neptun.Representing a sizable investment…

ORLEN Group has opened Poland’s first installation terminal dedicated to offshore wind farms, located in Świnoujście, with the facility securing its first long-term lease agreement with global offshore wind player Ocean Winds.The Świnoujście terminal is designed to handle large-scale offshore projects with turbines of around 15 MW capacity.It will accommodate jack-up and heavy-lift vessels and will serve as a hub for loading, unloading, and storing key components such as monopile foundations…

MAN Energy Solutions has set out to create a four-stroke, medium-speed, dual-fuel test engine that operates on ammonia.The company on Tuesday announced the initiation of the ‘AmmoniaMot 2’ research project, building on its recent success with the world’s first two-stroke ammonia engine. Launched in partnership with various industry and research institutions and is supported by the German Federal Ministry for Economic Affairs and Climate Action (BMWK), the project kicked off in August 2024 and will span approximately 3.5 years.

Norwegian Electric Systems (NES) has secured a contract to develop and deliver the complete energy design, an integrated automation system and its future-oriented bridge system for a Field Support Vessel, being built by Green Yard Kleven for Romania’s OMV Petrom.NES will supply frequency converters and electric motors for the propulsion system, battery system, transformers and its proprietary Quadro Master switchboard – a DC power distribution switchboard that enables the use of variable speed generators.The Quadro Master is supported by NES’ Odin’s Eye…

Romanian integrated energy company OMV Petrom has signed a shipbuilding contract with Green Yard Kleven for the construction of a Field Support Vessel that will operate for the Neptun Deep project.Neptun Deep is the largest natural gas project in the Romanian Black Sea and the first deepwater offshore project in Romania, under development, with expected contribution to the country’s security of energy supply.The assignment starts immediately, and the ship is to be delivered in the second half of 2026.The ship will operate for an unmanned gas platform in the Black Sea…

Deme Offshore has laid all inter-array cables, manufactured by its partner Hellenic Cables, for the first phase of 3.6 GW Dogger Bank offshore wind farm in UK.More than 200 miles of 66KV inter-array cables have been successfully installed by delivery partners working on the construction of the world’s largest offshore wind farm.The cables were laid by DEME Offshore’s Viking Neptun, with burial works being completed by DEME Offshore’s Living Stone.This work marks the completion of all inter-array cables on the first phase of the wind farm…

Eidesvik Offshore, a Norwegian offshore vessel owner, has signed a ship management contract extension with DEME for construction support vessel (CSV) Viking Neptun.The three-year extension also includes a two-year option for further extension, according to Eidesvik Offshore.The company has provided full technical management, crewing and operation of Viking Neptun since December 2022.In November the same year, Eidesvik Offshore completed the sale of Viking Neptun CSV to DEME.“This extension is a testament to the exceptional performance of our dedicated crews.

This week Esgian’s Week 50 Rig Analytics Market Roundup notes developments in the semisub sector including that Shell has decided to exercise its option on Stena Don in the North Sea but not on Deepsea Bollsta in Namibia. Meanwhile, a new contract for the Transocean Barents will see it operate in the Black Sea, and jackup Shelf Drilling Perseverance will move to Vietnam.ContractsShelf Drilling has secured a contract award for the 400ft Shelf Drilling Perseverance jackup rig with PetroVietnam Domestic Exploration Production Operating Company Limited (PVEP POC).

German shipbuilder Meyer Werft reports it has secured its first order within the growing offshore converter platform business.The Papenburg shipyard—part of the Meyer Group, known primarily for building cruise ships—will carry out the majority of the steel work for converter platforms for the DolWin4 and BorWin4 offshore connections as well as BalWin1 and BalWin2, all destined for the North Sea."This order is a milestone for us in our entry into the construction of converter platforms, which we will also build at Neptun Werft in Rostock in the future.

Meyer Group has appointed Bernd Eikens as Group CEO starting in December 2023.Eikens has worked in different management positions for UPM-Kymmene for 25 years, since 2013 as a member of the group executive team. His international career includes positions in the US, China, Germany and Finland. Most recently, he headed the successful implementation of a pulp mill project in Uruguay with an investment volume of $3.5 billion.He has been a member of the Meyer Turku advisory board since 2019 and…

The insolvency administrator of the MV Werften Group, Dr Christoph Morgen, today handed over the symbolic key of the Wismar shipyard to Bernard Meyer of Meyer Wismar. The shipyard, which has been owned by TKMS since June 2022, has been leased back by the insolvency administrator and subleased to Meyer Wismar for the completion of the cruise vessel located in the dock hall. Present at the handover were approximately 400 employees, who are as of today employed by Meyer Wismar.“Over the course of the past year…

The Meyer Group's Neptun Werft officially laid the keel for the new German research vessel Meteor IV during a ceremony at the Rostock, Germany shipyard.The Meyer Group is building the research vessel together with the Lower Saxony shipyard Fassmer on behalf of the Federal Ministry of Education and Research."Only two months after the burning start, the assembly of the individual components for the Meteor IV is now beginning. At our shipyards in Rostock and Papenburg, and together with Fassmer Werft…

Offshore installation services company DEME Offshore has won a "substantial" contract for the transportation and installation of the inter-array cables for the Empire Wind 1 and 2 offshore wind farms being developed in the U.S. by Empire Offshore Wind, a joint venture between Equinor and BP.For DEME, a substantial contract represents a value of EUR 150–300 million.Under the contract, DEME Offshore US will be responsible for the transport and installation of the inter-array cables…

One of the world's largest cruise companies Royal Caribbean Group announced it has signed a declaration with the aim to chart the way forward for innovative and sustainable shipbuilding in Finland.The declaration, signed with the Finnish government, represented by the Ministry of Economic Affairs and Employment (MEAE) and shipbuilder Meyer Turku Oy, has been signed with the goal to advance innovation, strengthen competitiveness and bolster the maritime industry's ecosystem, U.S.

Norwegian offshore vessel owner Eidesvik Offshore will manage the construction support vessel Viking Neptun it recently agreed to sell to DEME.The company has now signed a two-year ship management agreement with DEME under which Eidesvik will provide full technical management, crewing and operation of the vessel.Viking Neptun was built for Eidesvik in 2015.In January 2022, Eidesvik entered into a Memorandum of Agreement (“MoA”) with DEME to sell the vessel. The MoA is expected to complete in the fourth quarter of 2022…

Offshore installation company DEME has agreed to acquire Eidesvik's DP3 offshore installation vessel ‘Viking Neptun’. "Representing a substantial investment, this move highlights DEME’s commitment to its customers, and supports the continued growth of the offshore wind industry. This latest addition to its vessel fleet also confirms DEME’s mission to build future-proof, sustainable and environmentally friendly operations," DEME said.The Viking Neptun currently has a turntable capable of handling 4,500 tonnes of cables below deck.

Norwegian offshore vessel operator Solstad Offshore has sold seven vessels that have been laid up for a while for recycling."The vessels to be recycled are defined by Solstad as non-strategic, they are of older age and considered to be irrelevant for present and future markets," Solstad said.The vessels are Sea Tiger, Normand Atlantic, Normand Borg, Normand Neptun, Sea Pollock, Far Strider and Far Sovereign and will be recycled at the Green Yard Feda and Green Yard Kleven shipyards in Norway."We are pleased that we finally can start green recycling of a major number of our oldest vessels.

Norwegian offshore vessel owner Eidesvik Offshore has won a contract with offshore installation firm Havfram for its construction support vessel Viking Neptun. The contract will start in early January 2022 with a firm period towards the end of the third quarter of 2022. Havfram, formerly known as Ocean Installer, will have options for further extension. The Viking Neptun is an offshore construction vessel built for servicing the SURF (Subsea, Umbilical, Riser, and Flowlines) market. The vessel is equipped with hybrid technology to ensure reduced emissions. Jan Fredrik Meling, CEO & President of Eidesvik Offshore said:  “We look forward to continuing our good cooperation with Havfram and welcome our clients’ increasing focus on environmentally friendly vessel solutions.

The AmmoniaMot (Ammonia Engine in German) project initiated by MAN Energy Solutions with partners from industry and research institutes aims to define the steps necessary to produce a dual-fuel, medium-speed engine capable of running on diesel-fuel and ammonia. Supported by the German Federal Ministry of Economics and Technology (BMWi), and due to run for three years from December 2020, project partners include the University of Munich, Neptun Ship Design, WTZ and Woodward L’Orange.MAN Energy Solutions Dr.

German shipbuilder Neptun Werft said on Thursday it has delivered two new river cruise ships to the shipping company Viking River Cruises (Basel).The ships, to be named Viking Gymir and Viking Egdir, are the last two river cruise ships in the builder's current order book, ending a string of 65 sister ship deliveries for Viking River Cruises ordered at Neptun Werft from 2010 onward."More than a decade ago we launched this series of ships, which has been extremely successful and very popular with passengers.

Operations to raise a livestock carrier that capsized in the Black sea off Romania in November came to a close on Tuesday night, said local marine services firm Gruup Servici Petoliere (GSP).The Palau-registered Queen Hind flipped onto its side shortly after leaving Romania's Midia port en route to Saudi Arabia at the end of November 2019. Its entire crew, most of them Syrians, were rescued. Only 180 of the estimated 14,000 sheep on board survived.The Queen Hind is now docked…