Finland-based marine engine and technology provider Wärtsilä has been tasked to equip the first Taiwan-built offshore wind installation vessel - the Green Jade - with 'a broad scope' of its solutions.The 216 meters long vessel will be built at the CSBC shipyard in Taiwan for the joint-venture company CDWE owned by CSBC and Belgium-based DEME Group. The vessel is expected to play a major role in developing the offshore wind farm business in both new and established markets…
Singapore's Strategic Marine has ordered 50 of its C32 ACERT IMO III engines from Caterpillar dealer PT Trakindo Utama Singapore Branch, citing severe disruptions to the supply of what it says is critical shipbuilding equipment due to the pandemic…
Finland's Wartsila, a top global marine and energy equipment maker, posted first-quarter earnings roughly in line with expectations on Thursday, citing increased uncertainty in demand and supply in its end markets.Wartsila said its comparable operating profit increased 61% to 65 million euros ($68…
Finland-based maritime and offshore engine and equipment maker Wärtsilä has won orders to equip Norwegian firm OHT’s next-generation wind offshore turbine installation vessel being built in China.Wärtsilä will supply an integrated propulsion and dynamic positioning thruster solution…
Hermitage Offshore Services (HOS), the operator of platform supply vessels (PSV), has announced that it has raised $2.5 million via share sale.The Bermuda-headquartered company, formerly Nordic American Offshore Limited, informed that the proceeds…
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