Author: Negin Hashemi

The development of offshore renewable energy (ORE) technologies is being heralded as an essential element of global efforts to reduce emissions and protect the planet. But as advances continue to be made on innovations that fully harness the ocean’s power, a new project will examine some of the opportunities and challenges associated with future deployments… Read more »

ESBJERG, Denmark – Cargostore Worldwide Trading, a global leader in DNV rated offshore container leasing, is pleased to announce a new marketing partnership with GAC Denmark. This collaboration will facilitate the availability of DNV 2.7-1 certified offshore containers locally within Denmark and across the Nordic region, supporting the rapidly growing offshore energy sector. The Nordic… Read more »

Plans submitted to Sierra Leone’s government to progress its first wind farm  Pioneering project will power the local economy and create clean jobs  Partnership with Idris Elba set to scale renewables in Sierra Leone    Baku/London, Tuesday 12th November 2024 – Octopus Energy’s generation arm, in partnership with Idris Elba, has kicked off its first… Read more »

Today Ofgem announced it has approved the Initial Project Assessment for the LionLink and Nautilus electricity interconnectors, which determines the needs case of new projects for British consumers. LionLink and Nautilus are pilot projects, defined as Offshore Hybrid Assets. They would not only connect national transmission systems, but also offshore wind farms based in Dutch… Read more »

ScottishPower awards turbine contract, worth more than £1 billion, for its East Anglia TWO offshore windfarm just weeks after renewables auction success. Huge boost for UK manufacturing, with blades for the 64 turbines to be manufactured in Siemens Gamesa’s Hull factory, which provides 1,300 local jobs. The £4 billion windfarm will produce enough clean energy… Read more »

Rotterdam-based startup gains traction after SMM Hamburg launch; now eyes further growth at International WorkBoat Show in New Orleans. Since its September launch, Nauticworx.com, the new digital platform designed for efficient workboat spot chartering, has attracted significant market interest. Several early adopters have joined the platform to publish their real-time project needs for temporary workboats… Read more »

Octopus speeds up its global offshore wind activity after launching its dedicated Offshore Wind Fund last year   Latest milestone in plans to unleash $20bn into global offshore wind by 2030 Octopus has pioneered offshore wind innovation, offering discounted electricity through its ‘Fan Club’ model to customers near certain turbines   Baku/London, Monday 11th November 2024… Read more »

Maersk Tankers places landmark order for wind-assisted propulsion systems as part of on-going strategy to enhance fleet sustainability bound4blue to supply and install 20 26-meter eSAILs® across five separate MR vessels   Barcelona, 11 November, 2024: bound4blue has consolidated its position at the forefront of shipping’s revolution with a landmark contract with Maersk Tankers. The… Read more »

The internationally awarded nvisionist continues to collaborate with leading global companies, further expanding its international presence into Asia. nvisionist announces another strategic partnership of global reach. The multi-award-winning start-up has teamed up with the renowned Toyota Group to install the internationally pioneering nvbird® bird collision prevention system on wind turbines at two wind farms in… Read more »

RWE to locate its offshore construction base for its 1.1 GW Thor offshore wind farm at Thyborøn Port Buss Ports to handle secondary steel structures at Thyborøn Port from 2025 onwards Offshore installation work to begin – as planned – in spring 2025; full commissioning expected in 2027 Enough green electricity to supply equivalent of more than… Read more »

Customers from Grimsby to Skegness have saved on average nearly £200 on bills, with the top 5% saving close to £400 a year  36k+ Brits eager for Octopus to bring this windy revolution to their community  Follows Octopus’ boat trip to bring local customers out to see the Lincs offshore wind farm up close   … Read more »

Rotterdam, Netherlands—Friday & Co. Shipbrokers is pleased to announce the successful brokerage of a significant chartering deal between Dutch offshore engineering giant Boskalis and a Chinese charterer to transport the car carrier Floor (formerly Fremantle Highway) from the Netherlands to China. This monumental project entails transporting the vessel—famously damaged by fire last year—aboard Boskalis’ semi-submersible… Read more »

Denmark’s largest offshore wind farm will be served from a new, state-of-the-art building at Thorsminde port; architecture will blend in perfectly with existing buildings Creation of up to 60 permanent jobs expected Enough green electricity to supply the equivalent of more than one million Danish households   Today, a ground-breaking ceremony will be held at… Read more »

Nine month sales grows by 14 percent to EUR 5.1 billion EBITDA margin improves to 3.7 percent Working capital stable at minus 7.3 percent EUR 159 million of free cash flow generation in the third quarter Full-year EBITDA margins expected to be closer to the top end of the margin guidance   Hamburg, November 07… Read more »

DCI Group, a leading provider of military training solutions, and RTsys, a global leader in autonomous underwater vehicles, today announced the signing of a strategic partnership. This collaboration aims to integrate cutting-edge underwater robotic technologies into military training programs, enhancing operational readiness and effectiveness of international armed forces and security forces through the transfer of… Read more »