COLUMN | Winner takes it all: Boskalis binges with record profits, as Boluda takes silver and McDermott gets sued (again) [Offshore Accounts]

Whilst the first big consolidator of this offshore upcycle was Tidewater, rapidly followed by ADNOC and AD Ports of Abu Dhabi, Europe is also experiencing a quiet wave of consolidation. Driving this is the biggest of the “Big Four” lowlands dredging and offshore companies, Boskalis. But whereas the gains in Tidewater have been open to […]

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https://www.bairdmaritime.com/work-boat-world/offshore-world/column-winner-takes-it-all-boskalis-binges-with-record-profits-as-boluda-takes-silver-and-mcdermott-gets-sued-again-offshore-accounts/

OBITUARY | Angela Chao, Chair and CEO of the Foremost Group

US-based dry bulk shipping company the Foremost Group has confirmed that Angela Chao, its Chair and Chief Executive Officer, has tragically passed away following a vehicular accident. Born in 1974, Ms Chao was the youngest of six daughters of James Chao and the late Ruth Mulan Chu Chao, who had...

https://www.bairdmaritime.com/ship-world/dry-cargo-world/obituary-angela-chao-chair-and-ceo-of-the-foremost-group/

COLUMN | 2024 by the numbers: Cableships; methanol; the Nigerian Navy; BP and Equinor’s wind woes; Noble in Suriname and Colombia [Offshore Accounts]

We’ve passed Twelfth Night, so let’s look at some key numbers for the year ahead. This week’s lucky lottery numbers are 4, 10, 29, 177, and 470,000. Who is feeling lucky? Four newbuilds for wind: #1 Toyo Nature abhors a vacuum, and as Global Marine Systems, for two decades the former cablelay market leader, sinks […]

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https://www.bairdmaritime.com/work-boat-world/offshore-world/column-2024-by-the-numbers-cableships-methanol-the-nigerian-navy-bp-and-equinors-wind-woes-noble-in-suriname-and-colombia-offshore-accounts/

COLUMN | The Twelve Days of Christmas 2023, final edition: ten spot anchor handlers; eleven foreign vessels for Hornbeck Offshore, and the new twelve labours of Hercules Supply in China [Offshore Accounts]

Merry Christmas! On the twelfth day of Christmas my true love gave to me… twelve drummers drumming, eleven pipers piping, ten lords a-leaping and so on, all the way back to that partridge in a pear tree from day one of the old festive carol. But not here, as, for the fourth year in a […]

The post COLUMN | The Twelve Days of Christmas 2023, final edition: ten spot anchor handlers; eleven foreign vessels for Hornbeck Offshore, and the new twelve labours of Hercules Supply in China [Offshore...

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COLUMN | Maritime consequences of the Israel-Hamas conflict [Naval Gazing]

With its complex transnational ownership and operating structures, international merchant shipping has long had considerable potential as a terrorist target. The seizure or damaging of a merchant vessel can spawn a great deal of divisive international security and financial mayhem, as well as being...

https://www.bairdmaritime.com/work-boat-world/maritime-security-world/naval/ships-naval/column-maritime-consequences-of-the-israel-hamas-conflict-naval-gazing/

BOOK REVIEW | Dead Man’s Chest & Citizen Science in Maritime Archaeology

These two specialised but nevertheless very interesting books should be read successively, as their subjects, but not their foci, are closely related and their ideas are closely linked. Maritime archaeology really only came of age after the Second World War, but it has since become a very popular...

https://www.bairdmaritime.com/work-boat-world/specialised-fields/marine-research-and-training/maritime-archaeology/book-review-dead-mans-chest-citizen-science-in-maritime-archaeology/

COLUMN | Explaining Tidewater’s dip as AD Ports buys ENAV Radiance for US$200 million [Offshore Accounts]

Hot on the back of Britoil buying Vroon’s fleet of 30 offshore support vessels (OSVs), and Golden Energy Offshore taking another five from the Dutch owner, last week’s big offshore deal was Abu Dhabi’s AD Ports buying the “eastern fleet” of ENAV. AD Ports has bought these ten vessels trading in...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-explaining-tidewaters-dip-as-ad-ports-buys-enav-radiance-for-us200-million-offshore-accounts/

COLUMN | Wind wobbles – follow the money: Ørsted and BP make write-offs; Siemens Energy seeks aid; MingYang gets massive; Fredriksen’s Edda and ex-Havila hedges; Rickmers and Diana Shipping enter wind [Offshore Accounts]

“Our wind industry, for instance, is a European success story,” European Commission President Ursula von der Leyen recently said. “But it is currently facing a unique mix of challenges.” We’re no fan of Ms von der Leyen, a nepo-baby whose incompetence as German Defence Minister was rewarded not with the sacking she so richly deserved, […]

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