Key Deals
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News
Methanol MAN engines developed for tugs
Future fuels for tugs: Svitzer and MAN Energy have signed an MoU to develop a methanol engine based MAN’s 175DF-M engine.
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Hydrofoil boat builder secures €25 million
A major hand-out has been secured by Candela that will go towards expanding production of its P12 ferry.
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Norwegian investment for Hornsea 3 windfarm
The UK is a key market for Norwegian offshore wind suppliers and for their financers.
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Teledyne launches Sentinel glider, snaps up Valeport
Oceanology formed the backdrop for a Teledyne acquisition and product launch in London this week.
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Damen signs two tug order with BOA
BOA Group has ordered two tugs from Dutch tug builder Damen as part of a strategic fleet renewal programme.
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Cadeler secures loan to fill WTIV hole
Cadeler has signalled confidence in the offshore wind sector by securing another €30 million to upgrade its installation vessel fleet.
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Boluda expands with another acquisition
Les Abeilles owner Econocom Group has confirmed entering into exclusive negotiations with Boluda to sell 100% of its shares in the French towage operator.
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Hydor expands small vessel insurance reach
Norwegian specialist marine insurance MGA Hydor has taken a further step into smaller commercial vessel insurance with the acquisition of UK-based MGA Coastal Marine Services.
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Svitzer readies itself for Maersk demerger
Svitzer is strengthening its financial expertise in preparation for the intended demerger with Maersk.
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RAD Propulsion announces £1m funding
Marine electric product company RAD Propulsion has announced a £1 million (€1.1 million) boost from robotic and remote technology firm Ocean Infinity.
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OEG Group adds Dutch firm to its portfolio
OEG Group has added a Dutch offshore services firm to its group as the latest of 12 acquisitions in the past two decades.
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New CTV design ordered for Irish waters
Rockabill Marine Design will design a new 14-metre crew transfer vessel for Irish Commercial Charter Boats.
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Maritime & energy brains form new partnership
A new partnership will explore wide-ranging cooperation opportunities in offshore renewables.
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MoU signed to explore methanol for SOVs
Three firms have formed an alliance to look at fuel options – in particular methanol – for offshore vessels.
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Maersk drops Svitzer towage division
Svitzer goes it alone: Maersk has de-listed its towage and salvage division, arguably the oldest such firm in the world.
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Boluda Towage buys Resolve Marine (Gibraltar)
The global tug and salvage operator Resolve Marine has sold its Gibraltar business to Spanish towage giant Boluda Towage.
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Chinese monopile maker wins big in Europe
Chinese manufacturer Dajin Offshore has been winning major contracts in Europe to deliver its monopiles, including two in the UK and one in France.
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Pilot project launched to use AI to save lives
A joint venture between Engie and EDF has signed up start-up Zelim to work on a project that uses AI to save lives.
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Rotec Hydraulics agrees to set up shop at A&P
Seawork exhibitor Rotec Hydraulics has agreed to open a service centre at one of A&P’s ship repair facilities.
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Brunvoll reaps benefits of offshore wind sector
Offshore wind is proving to be a healthy source of orders for Brunvoll, which has been selected by ship designer Vard for a number of contracts.