Offshore wind installation services company Fred. Olsen Windcarrier said Thursday it planned to launch an initial public offering and apply for a listing on the Oslo Stock Exchange.The company, based in Oslo, owns three purpose-built transportation and installation (“T&I”) jack-up vessels…
Wind turbine maker Siemens Gamesa confirmed a gloomy outlook for a potentially negative full-year profit margin on Thursday, hours after naming a new Chief Executive to try to revive its fortunes.The world's largest maker of the offshore turbines…
Update (April 29, 2022): A court has ruled that Mammoet unlawfully accused Huisman of crane patent violation. Read more here: https://bit.ly/3y1bmeFDutch heavy lifting and transportation company Mammoet said Thursday it was investigating a…
Norwegian company Odfjell Oceanwind, which describes itself as the mobile offshore wind pioneer, said Thursday that after a recent private placement of 100 MNOK (~$11,3 million), TrønderEnergi and The Blystad Group became new shareholders in the company…
Maritime and offshore service provider OSM Maritime Group has taken over the ship management of the soon-to-be-converted platform supply vessel Norside Cetus.The vessel will be converted into a walk-to-work vessel, to serve the offshore wind industry…
Struggling wind turbine maker Siemens Gamesa on Wednesday named a new chief executive for the second time in less than two years, more than 10 days after issuing the latest in a series of profit warnings.Jochen Eickholt, management board member of Siemens Gamesa's German parent Siemens Energy…
Offshore wind turbine makers have been working to build increasingly bigger turbines, and the likes of GE, Siemens Gamesa, Vestas, and MingYang have in the past two years or so unveiled designs for giant 14-16MW rated units.It has been said that larger turbines…
ASX-listed oil and gas company Pilot Energy Limited said Tuesday its proposed agreements with Triangle Energy to farm out a part of a block off W. Australia and create a solar and wind joint venture would not go ahead as the Australian regulators have refused to grant the necessary approvals…
Renewable energy company Ørsted on Wednesday missed fourth-quarter operating profit expectations, but said it expected a boost in earnings as wind speeds should return to normal this year after an unusually calm 2021.Ørsted's shares rose by as much as 6% at opening and were trading 1…
A cargo ship was cast adrift by storm Corrie on Monday in the Dutch North Sea, in the area where grid operator TenneT is building two transformer platforms (Hollandse Kust Zuid Alpha and Beta) for the connection of the offshore wind farm Hollandse Kust Zuid that is being built by Vattenfall…
In a recent interview with Maritime Reporter TV, Philip Lewis, Director of Research, Intelatus Global Partners, breaks down the U.S. Offshore Wind market 'By the Numbers.'Let's look at the world . There's around 75GW of offshore wind farms, either operational or being built in the world today…
Offshore wind installation company Eneti said Tuesday it has terminated talks with a shipyard in the United States to build a Jones Act-compliant Wind Turbine Installation Vessel. Eneti in May 2021 ordered a $330 million Wind Turbine Installation…
Offshore wind developer Ørsted has appointed Ingrid Reumert as the new Senior Vice President of Group Stakeholder Relations. Reumert comes from a similar position as Vice President of Global External Relations & Sustainability at VELUX.Mads Nipper…
Dutch marine installation services firm Van Oord has recently deployed iXblue's new LBL subsea positioning solution to conduct the installation of 190 offshore wind farm piles in the Bay of Saint-Brieuc, France.'Already used on major Oil&Gas and Renewables projects…
Norwegian offshore wind services company Edda Wind has ordered three more Commissioning Service Operation Vessels (CSOV) in addition to the six vessels the company has under construction. The vessels are designed for service operations during the commissioning and operation of offshore wind farms…
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