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Jack-Up Barge Solutions Target Offshore Efficiency
Dutch offshore self-elevating platform and services provider Jack-Up Barge BV believes innovative and cost-efficient solutions are needed now more than ever across the offshore oil and gas and renewables businesses.The current market faces challenges, from the COVID-19 pandemic and low oil prices to wind farms that have spiraled in size from 2-3 MW turbines to 12 MW turbines in just a few years. It’s a constantly changing landscape…
Market Report: Global Heavy Lift Vessel Sector
The global heavy lift vessel market is a difficult place to be. Utilization for the fleet has remained depressingly low since the first oil and gas downturn in 2014, currently hovering around 33% for the global fleet with a lift capacity of over 800 tonnes, according to IHS Markit’s ConstructionVesselBase. Fixed platform installation work, the traditional market driver for the heavy-lift fleet in oil and gas, has seen demand fall significantly.
Boskalis 1H Earnings, 2020 Goal Beat Forecasts
Dutch marine services provider Boskalis said on Thursday it expected its 2020 core profit to match last year's result, offering a more optimistic outlook than market forecasts citing well-filled order books.The dredging giant, which counts energy companies among its major clients, reported half-year earnings before interest, tax, depreciation and amortization (EBITDA) at 204.1 million euros ($242 million), above 156 million euro expected in the company-provided consensus.Better-than-expected ear
Shannon Buys Ardent's Australian Subsidiary
The Ardent Group sold its Australian subsidiary Ardent Oceania Pty Ltd to its managing director Drew Shannon. It will continue as an independent company under the new name United Salvage Pty Ltd.Ardent, a maritime emergency management and wreck removal company created by the 2015 merger of salvage divisions of Svitzer and Crowley, announced last month it will no longer enter into new contracts from May 2020.In April…
Boskalis Clinches Port of Helsinki Dredging Deal
Dutch marine services and dredging contractor Boskalis has secured 32 million euros ($35 million) worth of dredging works in Finland's Port of Helsinki.Under the contracts awarded by the Finnish Transport Infrastructure Agency, the Port of Helsinki, and the City of Helsinki, Boskalis will deepen de Vuosaari fairway and harbor basin from eleven to thirteen meters in the Port of Helsinki.The Dutch company…
Drydocks World Starts Bokalift 2 Conversion for Boskalis
Dubai's Drydocks World shipyard has started construction of the offshore wind installation vessel for the Dutch company Boskalis.Drydocks World held a steel-cutting ceremony on Monday to mark the start of production on a conversion project for Boskalis B.V.The shipyard will convert the drillship YAN into an offshore installation vessel named Bokalift 2. The Bokalift 2 is designed to carry out a variety…
Stena Bulk Completes Biofuel Trial
Stena Bulk said it completed a test run of biofuel aboard its MR tanker Stena Immortal, as shipping companies seek fuel alternatives to help lower their carbon footprint and comply with more stringent environemental regulations.The 49,646 dwt tanker received its first delivery of Bio Fuel Oil made from used cooking oil a call at the Port of Rotterdam. The fuel, which GoodFuels launched in 2018, is…
Boskalis Buys Salvage Firm Ardent Americas
Dutch dredging and marine services giant Boskalis has acquired the U.S.-based maritime emergency response specialist Ardent Americas.Ardent, created by the 2015 merger of salvage divisions of Svitzer and Crowley, specializes in emergency preparedness and response, wreck removals, subsea services and decommissioning for the offshore oil and gas industry. Ardent Americas was a subsidiary of Ardent Global Marine Services…
Covid-19: Boskalis Stops Crew Changes, Cuts Spending
Dutch offshore transportation and dredging giant Boskalis has halted crew changes and will slash spending this year due to the COVID-19 virus crisis, it said on Thursday.The company said that, while its workers work from home where possible, this is not an option for staff working on international projects and vessels."Therefore, as a consequence of global travel restrictions and to ensure the business continuity and health of our colleagues…
Stena Bulk to Run MR Tanker on 100% Biofuel
Swedish based tanker shipping company Stena Bulk will become the latest to run a ship on biofuel as owners and operators explore alternative fuels to help slash emissions.During the coming weeks, Stena Bulk will perform a test running MR tanker Stena Immortal on 100% MR1-100 bio-fuel oil, produced from used cooking oil and supplied by GoodFuels in Rotterdam.The clean fuel made from used cooking oil…
HST Takes Delivery of 4th FCS
The UK-based High Speed Transfers (HST) has taken delivery of its fourth fast crew supplier (FCS) 2710, eighteen months after receiving its first, the HST 'Hudson'.HST received HST Hudson…
Boskalis: One Dead, Five Sick on FPSO
Dutch dredging and offshore contractor Royal Boskalis Westminster N.V. has confirmed that one contract worker is dead and five were seriously injured after consuming…
Boskalis Bags El Salvador FSRU Gig
Dutch dredging, offshore and heavylift company Royal Boskalis Westminster N.V. has been awarded a major contract to connect an offshore Floating Storage and Regasification…
HES Hartel Tank Terminal Handed Over
The 1.3 Million cbm HES Hartel Tank Terminal, a project of HES International, has been completed on schedule.The HHTT Consortium, comprising Van Hattum and Blankevoort (Koninklijke VolkerWessels)…
Boskalis Wins Two Offshore Projects
Dutch engineering company Royal Boskalis Westminster has been awarded two offshore contracts with a combined value of approximately EUR 85 million.For a new offshore windfarm in Taiwan…
Boskalis Bags Pasay Reclamation Project
Dutch dredging and heavylift company Royal Boskalis Westminster N.V. (Boskalis) has received the Provisional Letter of Acceptance for the Design and Construction…
Boskalis Completes Horizon Acquisition
Dutch dredging and heavylift company Royal Boskalis Westminster has acquired the remaining 37.5% in the United Arab Emirates’s Horizon Group, a company specializing…
Boskalis Wins Contracts for $120Mln
Royal Boskalis Westminster N.V. has secured multiple heavy marine transport services contracts with a combined value of about $120 million.The execution of the majority…
Huisman Crane for Bokalift 2
Dutch offshore wind equipment specialist Huisman has been selcted by Royal Boskalis Westminster to deliver a 4,000mt Offshore Mast Crane (OMC) to be installed on…
Boskalis Consortium to Develop French Port
A consortium led by Boskalis Nederland and Bouygues Travaux Publics has won a contract from the Occitanie/Pyrenees-Mediterranee region of France for the expansion…
