UK offshore support vessel (OSV) operator North Star has secured further debt investment of up to £425 million (US$544 million) to accelerate the expansion of its activities within the European offshore wind sector. The committed financial package of £225 million (US$288 million) includes term...
North Star Group
AWARDS 2023 | Best SOV – Grampian Tyne – North Star
Best SOV – Grampian Tyne – North Star With the enormous amounts of money being poured into the offshore wind industry of late, particularly in Europe, it is unsurprising that we have seen some very interesting and impressive vessels resulting. This fine ship is definitely one of the most...
COLUMN | Augustus Gloop in wind? Cadeler; Integrated Wind Solutions and Sumitomo; North Star newbuild [Offshore Accounts]
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...
Who’s Who: Maritime Movements for July/August 2023
WORK BOAT WORLD: Anna Müller has been appointed as President of Volvo Penta and member of the Volvo Group management. She will replace Heléne Mellquist, who will leave the Volvo Group to join the investment company Latour as Executive Vice President and Chief Operating Officer. Müller started her...
https://www.bairdmaritime.com/work-boat-world/whos-who-maritime-movements-for-july-august-2023/
Offshore Vessel News Roundup | July 14 – Taiwanese wind installation vessel, SOV conversion in US and more
It’s all wind installation and support vessels for this week’s roundup as we cover deliveries to Taiwan, Japan, and the UK plus a refitting project on behalf of a US ..
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COLUMN | More of the same: Tidewater closes Solstad deal; BW Offshore sells to Century; Acta and Bernhard Schulte order CSOVs; Scottish Ferries Fiasco [Offshore Accounts]
Tidewater’s Pac Man-like expansion continues, and the market loves the strategy. Tidewater stock finished up 10 per cent on the week on Friday, July 7, at a record high ..
COLUMN | More, more, more! Purus adds to the wind orderbook… parent EnTrust increases green investment plus a Ferry Fiasco update from Scotland [Offshore Accounts]
No sooner had we written last week’s article on the stream of new building commissioning service offshore vessels (CSOVs) by Edda Wind and North Star Shipping than Puru ..
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 ..
Offshore Vessel News Roundup | May 11 – Windfarm maintenance vessel newbuildings for Western Europe plus a Chinese cable-layer refit
A Chinese cable-layer has been upgraded to better support offshore wind projects while construction orders have been placed for renewables maintenance vessels for service ..
Who’s Who: Maritime Movements for March/April 2023
WORK BOAT WORLD: UK offshore infrastructure support vessel operator the North Star Group has appointed James Bradford as its chief technology officer (CTO) as the organis ..
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https://www.bairdmaritime.com/work-boat-world/whos-who-maritime-movements-for-march-april-2023/