Cadeler’s WTIV Newbuild Arrives to Rotterdam Ahead of Maiden Job
Cadeler’s newbuild offshore wind installation vessel (WTIV) Wind Peak, designed to be able to transport and install up to seven complete 15 MW offshore wind turbine sets per load, has arrived to Rotterdam in the Netherlands, ahead of its first deployment.The P-class vessel arrived to Rotterdam after 73-day long journey from Cosco Shipyard in Qidong, China.The vessel has sailed more than 14,000 nautical miles with stops in Singapore…
LR and SHI Join Forces for Green Ammonia FPSO System
Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with Samsung Heavy Industries (SHI) for the joint development of a floating production, storage, and offloading (FPSO) system for green ammonia. The FPSO process has been widely used in the oil and gas industries, but its application for ammonia is relatively new. The unit will use renewable energy to provide power for electrolysis of seawater to produce green hydrogen…
Harren Group Opts for VESPER Performance Management Platform for Its Fleet
Vessel Performance Solutions, a subsidiary of Ascenz Marorka, GTT Group’s smart shipping arm, has announced that Harren Group, a family-run shipping conglomerate, has selected VESPER as its performance management platform for 30 vessels of their fleet.VESPER, Vessel Performance Solutions’ advanced performance management platform, enables comprehensive monitoring through data processing and automated reporting.Under the contract…
Fincantieri Lifts Full-Year Revenue Outlook to Above $8.43B
Italian shipbuilder Fincantieri on Thursday raised its full-year forecast on revenue to "above" 8 billion euros ($8.43 billion), from "about" previously indicated, boosted by all business segments.The Trieste-based vessel maker reported a nine-month core profit (EBITDA) a 19% rise to 328 million euros, while its January to September revenue stood at 5.58 billion euros, up 3.7% yearly.Fincantieri's nine-month order intake totalled 8.5 billion euros, more than double the orders acquired in the sam
France's First Hydrogen-Electric Powered Fishing Training Vessel Ready to Set Sail
The LPMA: Maritime and Aquaculture Professional School of Bastia will on November 15, 2024, inaugurate France's first hydrogen-electric powered fishing training vessel, dubbed Alba, which was designed by a MAURIC-led consortium.Alba vessel has been specifically designed to include fishing training capabilities such as longline and seine techniques.The vessel can accommodate up to 12 students and 2 instructors (crew).With an overall length of 19.95 meters…
Cargotec to sell MacGregor to Triton for Over $500M
Finnish engineering firm Cargotec said on Thursday it would sell its cargo handler business MacGregor to European private equity firm Triton in a deal valued at 480 million euros ($506 million), including debt.The deal would be pursued to help its on-road load handling business, Hiab, operate as a standalone business, Cargotec said, adding that its CEO Casimir Lindholm would step down and be replaced…
Mitsubishi Shipbuilding Christens LNG RORO
Mitsubishi Shipbuilding has launched the Trans Harmony Emerald, the second of two LNG-powered roros under construction for Toyofuji Shipping.The ship's handover is scheduled for June 2025 following completion of outfitting work and sea trials. The Trans Harmony Emerald will then serve on shipping routes in Asia.The vessel is approximately 195 meters in overall length, approximately 30.6 meters in breadth, and has gross tonnage of approximately 49,500.
