Key Deals
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News
Unique purchase enhances subsea portfolio
United Arab Emirates-based subsea technology firm Unique Group has boosted its European presence with the acquisition of Subsea Innovations.
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Air medical equipment supplier enters marine market
Spectrum Aeromed is moving into the maritime sector with a little help from Damen
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Damen and Siemens unveil vessel financing scheme
Two of the biggest names in maritime have announced a joint financing facility specifically aimed at workboats.
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Smart vessel system for Diverse newbuilds
Diverse Marine and Hefring Marine have joined forces on a smart marine solution as standard on all newbuilds
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AST Networks snaps up Reygar Marine
UK-based Reygar Ltd has been snapped up by international marine communications integrator AST Networks.
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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.