Key deals

ENVIRONMENT

ENVIRONMENT

Vattenfall has sold 49% of its ownership in Germany’s 1.6GW offshore wind farm to BASF.

18th June 2024

Vattenfall sells half of German OSW project to BASF

18th June 2024

ENVIRONMENT

ENVIRONMENT

Vestas has struck a deal with RWE to deliver, commission and maintain wind turbines for the Nordseecluster offshore wind project in Germany.

14th June 2024

Vestas firms up RWE Nordseecluster deal

14th June 2024

INDUSTRY NEWS

INDUSTRY NEWS

Seawork exhibitor RAD Propulsion has closed a £4.27 million (€5 million) funding round to scale up its RAD 40 electric propulsion drive.

7th June 2024

RAD Propulsion closes €5 million scale-up funding

7th June 2024

INDUSTRY NEWS

INDUSTRY NEWS

Offshore support services firm North Star has secured a £425 million (€499 million) loan to add another 40 vessels to its fleet, with eight already added.

6th June 2024

North Star pushes boat out with €500 million loan

6th June 2024

INDUSTRY NEWS

INDUSTRY NEWS

Towage giant Boluda has confirmed its acquisition of Les Abeilles International in a move that will strengthen its operations in the French Atlantic and Mediterranean.

5th June 2024

Another Boluda purchase confirmed

5th June 2024

VESSELS

VESSELS

Boluda Towage has continued its pattern of global expansion with the acquisition of Hull, UK-based SMS Towage.

28th May 2024

Boluda expands with buy-out of SMS Towage

28th May 2024

ENVIRONMENT

ENVIRONMENT

Ørsted, Simply Blue Group and Subsea7 have set up the joint venture ‘Salamander’ to submit an application for a floating wind farm off the coast of northeast Scotland.

20th May 2024

Heavyweights set up JV for floating wind

20th May 2024

INDUSTRY NEWS

INDUSTRY NEWS

UAE-based subsea technology and engineering firm Unique Group has bought UK firm Subsea Innovation in what it calls a strategic move to strengthen its focus on engineering and development.

9th May 2024

Unique purchase enhances subsea portfolio

9th May 2024

VESSELS

VESSELS

Spectrum Aeromed, which specialises in air medical equipment and solutions, has completed its first venture into the maritime sector in a project with Damen Shipyards.

8th May 2024

Air medical equipment supplier enters marine market

8th May 2024

INDUSTRY NEWS

INDUSTRY NEWS

Two of the biggest names in maritime have announced a joint financing facility specifically aimed at workboats.

8th May 2024

Damen and Siemens unveil vessel financing scheme

8th May 2024