Germany Moves Toward Energy Independence but Falls Short of Climate Target

For the first time, DNV has applied its independent Energy Transition Outlook modelâ incorporating the latest technology trends and policy developmentsâ to Germany.The inaugural German Energy Transition Outlook (ETO) report finds that Germany is on track to electrify nearly half of its electricity demand by midcentury. Yet, it will fall short of its 2045 climate neutrality target.One of the main advantages for Germany is that its energy mix by supply will shift dramatically. Imports comprise 70% of Germanyâs primary energy and will fall to 27% by 2050âŠ
Jan De Nul to Install XXL Monopiles at 1.1GW Scottish Offshore Wind Farm

Belgian offshore installation contractor Jan De Nul has secured a contract for the installation of monopiles for 72 offshore wind turbines that will make up the 1.1 GW Inch Cape offshore wind farm in Scotland.Inch Cape offshore wind farm, being developed by ESB and Red Rock Renewables as equal joint owners, recently reached financial close and is now progressing into construction.In that regard, Jan De Nul has been contracted for the installation of the monopile foundations with the offshore heavy-lift vessel Les AlizĂ©sâŠ
First Steel Cut for North Starâs Hybrid-Electric SOV for EnBW

North Star and its shipbuilding partner Cochin Shipyard have cut first steel on EnBWâs new hybrid-electric service operations vessel (SOV), which is on decade-long minimum charter to service the He Dreiht wind farm off the coast of Germany from the end of 2026.The steel cutting milestone was marked February 25, 2025 at Cochin Shipyard in India, where the planning, engineering design and construction work are being carried out.The newbuild will provide accommodation in field for up to 34 wind technicians as they maintain the developmentâs 64 wind turbinesâŠ
Cruise Shippingâs Historic Rebound

Battered by Covid, the cruise industry was down but not out. Today it is setting records in passenger count + the size and cost of a new fleet.Post-Pandemic, the fortunes of the big cruise companies have brightened dramatically. A late December, 2024 earnings release from Carnival Corporation & plc (NYSE: CCL), encompassing brands including Carnival Cruise, Holland America, Cunard, Princess Cruises and others, says it all: âThis has been an incredibly strong finish to a record year,â said CCLâs CEO Josh Weinstein, in its statement.
Eurazeo Provides Over $70M for MPC OSE Offshoreâs New SOVs

Investment group Eurazeo has made a $73.1 million investment in MPC OSE Offshore, a joint venture established by MPC Capital and German offshore services firm O.S. Energy, with the aim of building and managing new service operations vessels (SOVs) for offshore wind farms.Eurazeo made the investment through its Eurazeo Transition Infrastructure Fund (ETIF), a fund with a sustainable investment strategy focusing on the transition of essential infrastructure to a low-carbon economy.ThisâŠ
Elomatic and Thyssenkrupp Ink Ship Design Contract for New Polarstern Icebreaker

German naval conglomerate Thyssenkrupp and Finland-based consulting and engineering company Elomatic have signed a design and engineering contract to support the development of a new Polarstern ship, bound to become the largest and most advanced research and polar logistics icebreaker.The ship will be built at the large and modern shipyard of tkMS in Wismar. The shipyard has a remarkable track record in developing complex icebreaking ships, with more than 120 ships built for polar regions.In December 2024âŠ
Aiviq becomes USCGC Storis, to be based in Juneau
![The Coast Guard on Dec. 20 completed acceptance of the motor vessel Aiviq from an Edison Chouest Offshore subsidiary. The vessel, acquired Dec. 11 through a $125 million firm fixed-price contract award to Offshore Service Vessels of Cut Off, Louisiana, will enhance U.S. operational presence in the Arctic and support Coast Guard missions while awaiting delivery of the polar security cutter (PSC) class.) [Credit: Edison Chouest Offshore]](https://images.marinelink.com/images/maritime/w200h200c/the-coast-guard-on-dec-156960.jpg)
The Coast Guard gets its first new polar icebreaker in more than 25 years.The Coast Guard has accepted its first new polar icebreaker in more than 25 years, but itâs not really new. The 12,900-ton, 360-foot Anchor Handling Tug Support Ship (AHTS) Aiviq was acquired by the Coast Guard and renamed USCGC Storis (WAGB 21).According to a Coast Guard statement, âOn Nov. 20, the Coast Guard purchased the M/V Aiviq, a 360-foot U.S.-built polar class 3-equivalent icebreaker for $125 million in a deal with Offshore Surface Vessels LLC.
Securing the Deep: Business Opportunities in Subsea Defense

As global reliance on subsea infrastructure grows, so do the risks. Discover how safeguarding undersea assets opens new frontiers for innovation and investment.Importance of Subsea InfrastructureSubsea infrastructure plays a critical role in maintaining the operational continuity of the modern society and the global economy. This vast network includes subsea data and communication cables, pipelines for energy transportation, electricity cables, and resource extraction systems.
Fincantieri Delivers First of Two Low-Carbon Cruise Ships to TUI Cruises

TUI Cruises, a joint venture between German TUI Group and Royal Caribbean Cruises, has taken delivery of the first of two liquefied natural gas (LNG) and marine gas oil (MGO) powered cruise ships Fincantieri is building for the shipowner.With approximately 160,000 gross tons, the dual-fuel powered InTUItion-class ship forms the backbone of TUI Cruisesâ new fleet.Named Mein Schiff Relax, the ship is able to use LNG and is future-proof with the ability to utilize low-emission fuels such as bio- or e-LNGâŠ
Hoegh Ready for FID for Hydrogen Deliveries to Germany

Norwegian shipping firm Hoegh Evi expects to take a final investment decision (FID) this year on an ammonia-derived hydrogen project to deliver clean fuel into dedicated German grids, chief executive Erik Nyheim said.The company operates three of its nine floating storage and regasification units (FSRU) for LNG along the German coast, diversifying the country's supply origins since the 2022 energy crisis.With an eye on Germany's long-term decarbonization goals, Hoegh and private firm Deutsche ReGas are jointly developing a floating hydrogen import terminal at Lubmin on the Baltic Sea with an a
Meyer Werft Kicks Off Fuel Cells for Cruise Ship Retrofits Project

German shipyard Meyer Werft has launched the zero4cruise project with project partners including Freudenberg e-Power Systems and the German Aerospace Center (DLR).The project aims to develop climate-friendly and low emission energy systems for cruise ships, focusing on fuel cell technology powered by green methanol.The hybrid energy system will combine PEM fuel cells with a methanol reformer and battery systems to optimize efficiency and ensure ships can operate carbon-neutralâŠ
Germany: Heinrich Rönner and LĂŒrssen Place Their Bids for FSG and Nobiskrug Shipyards

The future of the two insolvent German shipyards, Flensburger Schiffbau-Gesellschaft (FSG) and Nobiskrug, looks brighter as LĂŒrssen Group moves to place a formal bid to take over the facilities of the Nobiskrug shipyard, while Heinrich Rönner Group agrees to buy the FSG.The insolvency administrators, Christoph Morgen of Brinkmann & Partner and Hendrik Gittermann of REIMER, said they would accept the offers in the week following the official opening of insolvency proceedings.LĂŒrssenâŠ
DEME Finds Work at Nordlicht Offshore Wind Cluster in Germany

DEME has secured two contracts, valued at over $300 million, for the transport and installation of 112 foundations at the Nordlicht 1 and 2 offshore wind farms in Germany, as well as providing scour protection for the projects.DEME will install 68 foundations and scour protection at Nordlicht 1 in 2026, followed by 44 foundations and scour protection at Nordlicht 2 in the following year.Several vessels will be deployed including DEMEâs offshore installation vessel Orion, a jack-up vessel and a fallpipe vessel for the scour protection.The Nordlicht wind farm zoneâŠ
Germany builds up LNG import terminals

Germany is expanding its natural gas import options to replace Russian supply, a drive intensified by the latest suspension of Russian flows via Ukraine and U.S. President Donald Trump targeting Europe with liquefied natural gas exports.Plans also include shore-based regasification terminals and facilities to import and produce ammonia and green hydrogen under decarbonization strategies. A synopsis of changes and additions to Germany's energy plans and infrastructure is listed below:MUKRANMukranâŠ
$4.3B of Guarantees for German Shipbuilder to Secure Sub Deal

Germany's budget committee is expected to approve state guarantees worth up to $4.27 billion to help Thyssenkrupp Marine Systems (TKMS) win an order from Argentina for three submarines, two sources in the budget committee said on Wednesday.Several media outlets have reported that a French shipbuilder is also been in the running for the order, worth some 2.2 billion euros, which has not yet been made.The guarantees would cover the construction and delivery of three Type 209 submarinesâŠ
Naval Fleets power Vestdavit's record 2024 sales

Vestdavit has achieved a new sales record for the third successive year as its order intake hit an all-time high of Nkr380m in 2024, fueled by increased davit orders from its core naval market as well as the offshore energy sector.âIt has been another fantastic year. The significant orders boost was achieved despite a transition in our Sales & Marketing department that saw us start the year with an almost entirely new sales team, which hit the ground running to deliver impressive growth through quickly developing good customer relationsâŠ
$5B India Submarine Deal Clears Hurdle

German shipbuilder ThyssenKrupp and its Indian partner have cleared field trials for building six advanced conventional submarines for the Indian Navy, according to an exchange filing, emerging as the sole contender for the $5 billion project.Their potential rival, Spanish state-held shipbuilder Navantia, which partnered with India's Larsen & Toubro (L&T), could not meet the navy's requirements in trials held in 2024 for testing key technologies, an Indian defence source said.TheâŠ
SEFE and Höegh Evi to Develop Hydrogen Supply Chains

SEFE Securing Energy for Europe and marine infrastructure provider Höegh Evi have signed a Memorandum of Understanding (MoU) to jointly develop international supply chains for clean hydrogen to be delivered to Germany and other locations in Europe.The partners will analyze the technical and commercial feasibility of various corridors for the supply of clean hydrogen based on ammonia.The objective of the agreement is to implement international supply chains for clean hydrogen.
Industry Executives: Red Sea too risky even after Gaza ceasefire

Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen's Houthis will continue to attack shipping, industry executives said.The leader of Yemen's Houthis said on Thursday that the Iran-aligned group would monitor the implementation of a ceasefire deal between Israel and Hamas aimed at ending the war in Gaza and continue its attacks on vessels or IsraelâŠ
Private Sector to Help Protect Subsea Cables in Europe

The US and Norway have agreed on further steps to increase the security of subsea infrastructure including better involvement of the private sector.The US and Nordic-Baltic countries, including Norway, have agreed to:âą Harmonize and develop channels and procedures for sharing real-time situational awareness and incident information within national governments, across allies, and between public and private sector stakeholders, including incorporating private sector disruption notificationsâą Identify opportunities for public-private partnerships to improve repair and maintenance fleet capacityâŠ
A New Use for Old Jackets

Global aquaculture production has already exceeded wild fisheries production, and space constraints in coastal areas have driven interest in the viability of combining aquaculture with offshore energy installations. New ideas keep coming.An article published in Heliyon this month assessed the potential for growing high-value algae species on decommissioned oil and gas jackets.Algal aquaculture is growing at 8.9% annually and became an $22 billion industry in 2024. There are an estimated 7âŠ
Ostseestaal/Ampereship will build all-electric ferry

Stralsunder Ostseestaal GmbH & Co. KG has been commissioned by Hafenprojektgesellschaft Helgoland mbH with the development and construction of an all-electric ferry.The so-called dune ferry will connect the German North Sea island of Heligoland with the neighbouring island of Dune. It will replace the âWitte Kliffâ ferry, which has been operating on the approximately one kilometre-long route since 1997 and is powered by conventional marine fuel. The new electric-solar ferry willâŠ
Van Oord Takes Delivery of Giant Offshore Installation Vessel Boreas

A brand-new offshore installation vessel Boreas has been handed over to Van Oord during a festive ceremony at the Yantai CIMC Raffles Offshore shipyard in China.The Boreas, named after the Greek god of the Northern winds,âŻis purpose-built for the transport and installation of the next generation of foundations and turbines at offshore wind farms.The vessel will be the largest of its kind once operational, according to Van Oord.It measures 175 meters in length and has a 155-metre-high boomâŠ