Key deals

Underwater technology company UUV Aquabotix Ltd has announced that it has been accepted as a member of the Undersea Technology Innovation Consortium (UTIC) joining a select list of leaders in undersea technologies,…

Damen Shipyards Group and Skoon Energy have signed a cooperation agreement of understanding for the advancement of energy transition in the shipping industry, including electric propulsion.

European wind power industry body WindEurope has confirmed that Europe added 4.5GW of wind energy capacity in the first half of 2018.

The UK Government’s announcement to introduce new auctions to secure renewable energy sources could mean that the UK’s offshore wind capacity may nearly double over the next decade.

On Thursday July 19, a delegation of the European Commission (EC) from DG RTD and DG GROW visited the Dutch Maritime Technology sector.

A management buy-out has seen Alicat Workboats acquired from its parent company the Gardline Group for an undisclosed sum.

Rolls-Royce has announced that it has signed an agreement to sell its Commercial Marine business, to Kongsberg, for an enterprise value of £500m and net proceeds of around £350m to £400m.

An American based marine stabilisation expert is opening its first European office in a bid to cater for increased growth in the region and give customers quicker service.