Never believe what a company’s managers tell you. Always verify yourself, especially if the company is headquartered in Monaco and is run by a management team with a past reputation for underperformance in the offshore sector. Who could we be talking about? Imagine a company where the management team paid themselves a US$30 million bonus […]
Cadeler
COLUMN | Quick updates: China’s coal addiction; offshore wind’s cost problem; justice in Mozambique; dumb money [Offshore Accounts]
Sometimes it seems that nothing makes sense when it comes to energy transition. Global warming induces more coal to be burnt, Saudi Aramco reports record profits as wind ..
COLUMN | Updates on offshore wind orders from Cyan, Havfram, Edda Wind, North Star Shipping etc. Also news on Heroic Idun ̶s̶h̶a̶k̶e̶d̶o̶w̶n̶ restitution [Offshore Accounts]
The money is still pouring into new wind vessels, even as the wider orderbook for new vessels to work in offshore oil and gas remains at zero, and has been for the best p ..
COLUMN | Quick updates: Maersk Supply Service sold; The Metals Company borrows from Allseas as seabed mining negotiations get tense; Cadeler and Eneti report; Scottish Ferries report reveals ̶g̶r̶o̶s̶s̶ ̶n̶e̶g̶l̶i̶g̶e̶n̶c̶e̶ significant failings [Offshore Accounts]
It has been nearly six months since we whacked out one of our quick updates (last one here), so it is time to whip through the latest developments in our favourite compan ..
COLUMN | Something fishy at Pelagic Partners, whilst GC Rieber, Edda Wind, Cadeler, Prysmian and Cecon order big [Offshore Accounts]
It has been a frenzied few weeks in the wind and subsea markets, with newbuild orders piling up. The last month has seen over one billion US dollars committed to vessels ..
Marine Projects Vessel News Roundup | November 24 – Danish turbine installation vessel order, Indonesian large dredger and more
An Indonesian owner will welcome a new stationary dredger to its fleet early next year and a Danish operator will soon deploy a survey boat for harbour support work in Co ..
Cadeler Orders Another State-of-the-Art Turbine Installation Jack-Up
Danish offshore wind construction company Cadeler has placed an order to build a fourth state-of-the-art jack-up at COSCO Heavy Industries in Qidong, China. The latest order is for a second…
https://gcaptain.com/cadeler-orders-another-state-of-the-art-turbine-installation-jack-up/
COLUMN | Quick updates: historic corruption in Nigeria and fraud in India: The Metals Company pilot tests Hidden Gem; Ocean Infinity’s Armada at sea and Red Rock sold; Cadeler raises more cash [Offshore Accounts]
Time for a quick and dirty look at three of our favourite topics – corruption in oil and gas, new marine technology, and the wind industry. Just to be clear, there is n ..
Cadeler’s New F-Class Offshore Wind Installation Vessel Booked to 2030
Danish offshore wind construction company Cadeler has secured a second contract for its new F-class jack-up vessel that will keep the vessel employed through 2030. The 4-year contract was signed…
https://gcaptain.com/cadelers-new-f-class-offshore-wind-installation-vessel-booked-to-2030/
Work Boat World Offshore Projects Roundup – June 24, 2022
A Danish windfarm installation company secures additional work off Germany while a UK subsea specialist has completed vital repair activities in home waters. Newly awarde ..
The post Work Boat World Offshore Projects Roundup – June 24, 2022 appeared first on Baird Maritime.