Key Deals – Page 4
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Qatari firm buys majority stake in Rotterdam
The majority stake in Europe’s largest port has been sold to QTerminals, a Qatari joint venture that owns Hamad Port in Qatar.
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P&O Maritime Logistics expands towage services in the Americas
A towage contract with the Port of Caucedo will facilitate the handling of larger vessels
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Approvals granted for major subsea joint venture
Three major forces in subsea technologies have been given the go-ahead to form a joint venture they are claiming will be ‘a milestone in subsea production economics’.
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SMST gangway for offshore wind SOV
SMST is to supply a motion compensated gangway with tower and height adjustment for a newbuild SOV
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Marine insurers combine to expand offering
Norwegian marine insurance firm Hydor has bought out EF Marine, bringing the premium income of the new firm to $40 million.
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Seawork exhibitor forms Hong Kong JV
Seawork exhibitor PSP Logistics has expanded its offering to customers by forming a joint venture in Hong Kong.
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Sea Axe cutting tool demand soars
Engineering firm, JBS Group, has won contracts worth £2.6 million for its environmentally friendly Sea Axe cutting technology
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Deal agreed for German offshore wind farm
Spanish utility firm Iberdrola has sold 49% of its stake in a German offshore wind farm to Masdar, a United Arab Emirates renewable energy firm.
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Major Japanese utility joins floating wind demo
The project to install a floating wind turbine to connect to the mainland Spanish grid has been boosted with a major Japanese utility joining the project.
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Asian expansion for Boluda
Boluda Towage has strengthened its presence in Asia following a “strategic investment” in Hongkong Salvage and Towage Services Ltd (HKSTS).
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New entrants in the zero-emissions tug market
A UK consortium including shipbuilder Harland & Wolff is planning to introduce a zero-emissions tug and barge service to promote the UK’s Marine Coastal Highway.
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BW Ideol secures €40m for new floating wind company
French floating wind firm BW Ideol has secured €40 million financing in stages to develop its floating wind project portfolio by setting up a new company.
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Strategic Marine CTVs to benefit from VEEM stability
Strategic Marine will install the gyros on its vessels in Southeast Asia and on specific wind farm crew vessels in Europe
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Cox Marine enters into Scandinavian outboard supply partnership
Cox Marine is partnering up with Scandinavian crossover boat manufacturer XO
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New partnership to produce fleet of 10 WTIVs and WFIVs
Cadeler CEO Mikkel Gleerup says the new vessels will be ‘certainly different’ and future proof against the growing size of wind turbines.
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Trelleborg builds upon its Vietnam manufacturing ability
Trelleborg Group is investing in a brand new manufacturing facility in Vietnam
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Could partnership signal end of ‘dinosaur diesels’?
Swiss and British engineering come together at Nor-Shipping to develop hydrogen fuel cells in marine to replace “centuries’ old tech”
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Mackay steps further into UK marine electronics segment
Mackay Marine, has expanded its worldwide marine electronics presence in the United Kingdom
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Svitzer takes over towage at Fawley Refinery
Svitzer Towage has secured a seven-year contract with ExxonMobil to provide ship-handling towage and line-handling services at ExxonMobil’s oil refinery at Fawley in Southampton Water.