As of end-June 2021, more than 100 turbine and foundation installation and maintenance vessels will be required for offshore wind projects planned over this decade.More than 100 turbine and foundation installation and maintenance vessels will be required for offshore wind projects planned over this decade. Almost all of the current fleet of international wind turbine installation vessels will be technically…
The offshore division of Arab Shipbuilding and Repair Yard (ASRY) in Bahrain is on track to deliver its 200th project milestone in the first quarter of 2026. It will be a landmark achievement for ASRY since its Offshore Division was established…
Seatrium has divested its AmFELS Yard located at Brownsville in Texas, in the United States, for a consideration of $50.7 million (S$65 million).The accretive divestment will allow Seatrium to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities…
Navantia UK, a subsidiary of Spanish shipbuilder Navantia, has completed the acquisition of Harland & Wolff’s facilities in Belfast, Appledore, Methil and Arnish.Under Navantia UK’s management, all four facilities will benefit from extensive expertise in shipbuilding…
Australian offshore vessel owner MMA Offshore has agreed to sell its shipyard facility in Batam, Indonesia to Wasco Engineering Group.Wasco will pay $15 million for the shipyard facility. The transaction is expected to complete by December 30…
Belfast-based shipyard Harland & Wolff has appointed a new General Manager, Tom Hart to its Appledore site.Harland & Wolff, famous for building the Titanic, is today a multisite fabrication company, operating in the maritime and offshore industry through five sectors: commercial…
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