Key deals

INDUSTRY NEWS

INDUSTRY NEWS

Three offshore engineering firms have been given approval to go ahead with a transaction to form a joint venture in subsea technologies.

10th August 2023

Approvals granted for major subsea joint venture

10th August 2023

EQUIPMENT

EQUIPMENT

SMST has been awarded a contract by Fincantieri Marine Group for the delivery of a motion compensated gangway on a newbuild service operation vessel (SOV) for Crest Wind.

10th August 2023

SMST gangway for offshore wind SOV

10th August 2023

INDUSTRY NEWS

INDUSTRY NEWS

Norwegian marine insurer Hydor, which mainly targets the smaller vessel segment, has expanded its offering with the acquisition of EF Marine.

9th August 2023

Marine insurers combine to expand offering

9th August 2023

INDUSTRY NEWS

INDUSTRY NEWS

Seawork exhibitor PSP Logistics has expanded its offering to customers by forming a joint venture in Hong Kong.

8th August 2023

Seawork exhibitor forms Hong Kong JV

8th August 2023

MARINE CONSTRUCTION

MARINE CONSTRUCTION

Engineering firm, JBS Group, has won contracts worth £2.6 million for its environmentally friendly Sea Axe cutting technology.

2nd August 2023

Sea Axe cutting tool demand soars

2nd August 2023

ENVIRONMENT

ENVIRONMENT

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.

1st August 2023

Deal agreed for German offshore wind farm

1st August 2023

INDUSTRY NEWS

INDUSTRY NEWS

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.

1st August 2023

Major Japanese utility joins floating wind demo

1st August 2023

INDUSTRY NEWS

INDUSTRY NEWS

Boluda Towage has strengthened its presence in Asia following a “strategic investment” in Hongkong Salvage and Towage Services Ltd (HKSTS).

1st August 2023

Asian expansion for Boluda

1st August 2023

VESSELS

VESSELS

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.

24th July 2023

New entrants in the zero-emissions tug market

24th July 2023

INDUSTRY NEWS

INDUSTRY NEWS

Floating wind company BW Ideol has signed an agreement with state-owned financier ADEME Investissement in which they will each invest €40 million to develop offshore wind floating technology.

6th July 2023

BW Ideol secures €40m for new floating wind company

6th July 2023

EQUIPMENT

EQUIPMENT

VEEM Limited will supply its VG70, VG100 and VG140 marine gyrostabilisers to Strategic Marine on an exclusive basis for use on some of its crew transfer vessels.

28th June 2023

Strategic Marine CTVs to benefit from VEEM stability

28th June 2023

INDUSTRY NEWS

INDUSTRY NEWS

Cox Marine has formed a new OEM partnership to supply the CXO300 high-performance diesel outboard to European manufacturer XO Boats.

26th June 2023

Cox Marine enters into Scandinavian outboard supply partnership

26th June 2023

INDUSTRY NEWS

INDUSTRY NEWS

One of the main obstacles to building enough offshore wind capacity in Europe to satisfy government targets is the lack of vessels needed to install them – so a new partnership aiming…

16th June 2023

​New partnership to produce fleet of 10 WTIVs and WFIVs

16th June 2023

INDUSTRY NEWS

INDUSTRY NEWS

Trelleborg Group is investing in a brand new manufacturing facility in Vietnam for marine solutions, including marine construction, infrastructure and fenders.

7th June 2023

Trelleborg builds upon its Vietnam manufacturing ability

7th June 2023

VESSELS

VESSELS

The days of the dinosaur diesels are done, say two firms who have joined forces to develop hydrogen fuel cells for marine vessels.

7th June 2023

Could partnership signal end of ‘dinosaur diesels’?

7th June 2023

INDUSTRY NEWS

INDUSTRY NEWS

Mackay Marine, has expanded its worldwide marine electronics presence in the United Kingdom following its acquisition of Kilo Marine Electronics.

5th June 2023

Mackay steps further into UK marine electronics segment

5th June 2023

VESSELS

VESSELS

Svitzer Towage has secured a seven-year contract with ExxonMobil to provide shiphandling towage and line-handling services at ExxonMobil’s oil refinery at Fawley in Southampton Water.The new arrangement will provide continuity of towage…

4th May 2023

Svitzer takes over towage at Fawley Refinery

4th May 2023

EQUIPMENT

EQUIPMENT

UK industrial and marine engine firm Hendy Power has announced an exciting new contract with French engine manufacturer Moteurs Baudouin. 

2nd May 2023

Hendy appointed UK distributor for Baudouin engines

2nd May 2023

INDUSTRY NEWS

INDUSTRY NEWS

The purchase of ST Marine by Herman Senior came about over a beer shared by the owners, Peter Barker writes.

27th April 2023

More details on Herman Sr’s purchase of ST Marine

27th April 2023

INDUSTRY NEWS

INDUSTRY NEWS

OEG Offshore (OEG) has acquired Pelagian Ltd, a leading provider of consultancy, engineering and installation management services to the submarine cable and offshore renewable energy industries.OEG - Peter Fisk Managing Director of…

21st April 2023

Expert business acquisition continues growth

21st April 2023