The order book for the wind sector just continues getting larger and larger, even as companies continue not to make much money. Wind is the Augustus Gloop segment of offshore, gorged on investment, like the character in Roald Dahl’s Charlie and the Chocolate Factory, but liable to fall into a...
COSCO Heavy Industries
Cadeler orders third installation vessel in series from Chinese builder
Cadeler has placed an order for the construction of the third windfarm installation vessel in a series, which will also be the eleventh vessel to join the company’s fleet. The self-elevating vessel is scheduled for delivery in the first half of 2027. It will be built by COSCO Heavy Industries in...
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 ..
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 ..
Work Boat World Offshore Vessel Orders and Deliveries Roundup – June 1, 2022
The latest deliveries and orders are for windfarm support vessels, from crewboats to servicing and installation newbuildings for customers in Asia and Western Europe. Win ..
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COLUMN | Quick updates: DOF’s survival; Cadeler’s new foundation vessel; Wind turbine woes and protectionism in Europe; The Metals Company’s coming cash crunch [Offshore Accounts]
This week, we cover a quartet of updates from our favourite sectors: offshore, subsea mining, and the wind industry. DOF: Looking good in black? Good news from Norway. DO ..