Joint venture to build new cruise terminal at Spain’s Barcelona Port

The management board of the Port of Barcelona in Spain has approved the awarding of the construction and operation of a future cruise terminal to a joint venture company formed by the Royal Caribbean Group and UK-based Cruise Terminals International (CTI). The winning bid submitted by Catalonia...

https://www.bairdmaritime.com/ship-world/port-world/joint-venture-to-build-new-cruise-terminal-at-spains-barcelona-port/

Spanish yard starts sea trials of new large rescue vessel

Spain’s Zamakona Yards has begun conducting sea trials of a new large rescue ship ordered by Spanish maritime search and rescue organisation Salvamento Maritimo. The vessel has been named Heroinas de Salvora (“Heroines of Salvora”) in honour of Cipriana Oujo Maneiro, Josefa Parada, and María...

https://www.bairdmaritime.com/work-boat-world/small-craft-world/search-and-rescue/spanish-yard-starts-sea-trials-of-new-large-rescue-vessel/

Royal Saudi Naval Forces takes delivery of final corvette in class

The Royal Saudi Naval Forces (RSNF) has taken delivery of the final one of five Avante 2200 corvettes built by Spanish shipyard Navantia. Unayzah and its four earlier Al-Jubail-class sisters are variants of Navantia’s Avante 2000 series of corvettes, which were developed primarily for the export...

https://www.bairdmaritime.com/work-boat-world/maritime-security-world/naval/ships-naval/royal-saudi-naval-forces-takes-delivery-of-final-corvette-in-class/

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 […]

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

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/

Iberdrola makes $2.5bn offer to take full control of US subsidiary Avangrid

Spanish electric utility company Iberdrola has launched an offer to acquire the remaining stake in its US subsidiary Avangrid. Avangrid received a non-binding proposal from Iberdrola to buy an 18.4% stake in the company. The Spanish firm owns approximately 81.6% of Avangrid’s issued and outstanding...

https://splash247.com/iberdrola-makes-2-5bn-offer-to-take-full-control-of-us-subsidiary-avangrid/

COLUMN | The rise of the UAV carrier [Naval Gazing]

Both the Russia-Ukraine conflict and the current attacks on shipping in the Red Sea are graphically illustrating the efficacy of uncrewed aerial vehicles (UAV) in the maritime domain. UAVs offer economical, high-endurance search, surveillance, and attack capabilities. Therefore, their use by naval...

https://www.bairdmaritime.com/work-boat-world/maritime-security-world/naval/ships-naval/column-the-rise-of-the-uav-carrier-naval-gazing/

COLUMN | Where the wind blows, part 2: Shell, Cadeler, HEA Energy, Cyan Renewables, Edda Wind, Norwind and Norside [Offshore Accounts]

In Part One last week, we looked at the paradox of offshore wind, a segment that is growing without profit for many players. This contrasts with offshore oil and gas, which has shrunk but has become intensely profitable for rig and vessel operators, and for the oil companies themselves. Whereas offshore oil and gas companies […]

The post COLUMN | Where the wind blows, part 2: Shell, Cadeler, HEA Energy, Cyan Renewables, Edda Wind, Norwind and Norside [Offshore Accounts] appeared first on Baird...

https://www.bairdmaritime.com/work-boat-world/offshore-world/column-where-the-wind-blows-part-2-shell-cadeler-hea-energy-cyan-renewables-edda-wind-norwind-and-norside-offshore-accounts/

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