Business & Finance
Glennmont Targets Offshore Wind with EUR 850 Million Fund
London-based fund manager Glennmont Partners has raised EUR 850 million in its Clean Energy Fund III which will see investments in European offshore wind projects for the first time. Over 70% of Clean Energy Fund III will be invested in projects in the Eurozone with the UK also being an important ma
Team Tao Recognised in Ocean XPRIZE Competition
A team of North East-based subsea engineering experts from Soil Machine Dynamics (SMD) and Newcastle University have been recognised for their innovative engineering approach in the Shell Ocean Discovery XPRIZE competition. TeamTao, the only UK team and one of the smallest to reach the grand final o
O’Neil: We Are All at the Start of Digitalization
Mark O’Neil: Digitalization should be looked at as an evolution rather than a revolution.
J. Lauritzen Shrinks Fleet by 15 Bulk Carriers
Controlled fleet stood at 68 bulk carriers in the first quarter of 2019, down from 83 units a year earlier.
One Sea Autonomous Shipping Alliance Welcomes Three New Members
Three new members joined One Sea, an alliance that promotes a common goal of self-guiding shipping.
JDR Inter-Array Cables for Largest Wind Farm Project Off Belgium
JDR Cables, part of the TFKable, has signed a contract with DEME Offshore for the SeaMade offshore wind farm. JDR will design, manufacture and deliver 78.1 kilometres of aluminium core inter-array cables and a range of cable accessories, including repair joints and connectors. The inter-array cables
Güralp and Sonardyne Partner on Seabed Research Tech
Seismic monitoring instrumentation and solutions provider Güralp and Sonardyne have signed an agreement to cooperate in the provision of multidisciplinary ocean bottom research technology, including capabilities for earthquake or tsunami detection. The official ‘Teaming Agreement’ between Güralp and
Nor-Shipping: Color Hybrid Named ‘Ship of the Year 2019’
The world’s largest plug-in hybrid vessel, Color Hybrid, has been named ‘Ship of the Year 2019’.
WinGD Unveils New Low-Speed, Two-Stroke Engines ahead of IMO 2020
WinGD introduces three new low-speed, two-stroke engines capable of operating on low emission fuels.
2H Offshore Sets Up Regional Base in Paris
2H Offshore, a riser and conductor specialist in subsea services group Acteon, has opened a new regional office in Paris, France. 2H has served Parisian clients through its London office for more than 25 years. Director Mélanie Bonnissel, a new addition to the 2H team, will lead the Paris office. Bo
NKT in Kriegers Flak Milestone
NKT has announced an important milestone in the innovative project Kriegers Flak Combined Grid Solution connecting Denmark and Germany. Power cable systems from NKT is at the heart of Kriegers Flak Combined Grid Solution which is the world’s first offshore interconnector using the national grid conn
Maritime Constructions Opts for Damen CSD 500
Damen Shipyards Group has delivered a Cutter Suction Dredger (CSD) 500 and a Multi Cat 1506 to Maritime Constructions of Port Adelaide, Australia. Maritime Constructions has been awarded the contract to carry out capital dredging works for the Onslow Marine Support Base Channel Dredging project, whi
TGS takes Shearwater vessel for Norwegian Sea seismic shoot
Norwegian seismic vessel fleet operator Shearwater has been awarded a contract by TGS for its Polar Duchess vessel.
Perry Barr and Witton Flood Scheme on Display
The Environment Agency has just announced that people living near a flood scheme being built in Sandwell Valley Country Park, aimed to reduce flood risk in Perry Barr and Witton, will have a chance to visit the site next week. The £42.3m scheme is being built by the EA in partnership with Birmingham