Vattenfall charters Van Oord vessel for offshore wind maintenance
Swedish utility Vattenfall has signed a multi-year framework contract with Dutch marine construction player Van Oord to charter the MPI Resolution jackup vessel for offshore wind turbine maintenance. This contract will guarantee the vessel’s availability for several months each year, primarily during the peak maintenance season from early March to late October. This contract also […]
K Line Wind Service and EGS form offshore geo-survey joint venture
K Line subsidiary, K Line Wind Service (KWS), and EGS Survey have established a joint venture company to service the offshore marine geo-survey sector. The new company, named EK Geotechnical Survey (EKGS), will provide various offshore survey services to meet growing demand in the sector, which is expected to increase with the development of offshore […]
RWE pens supply deal for offshore monopiles with Steelwind
German utility RWE has signed a capacity reservation agreement with Steelwind for the production of up to 300 monopile foundations for its future offshore wind projects in Europe. RWE said that, through this contract, it had secured production capacities in a tight market. No financial details were revealed. Steelwind will reserve capacity at its German […]
Samsung Heavy Industries gets nod for new ammonia FPSO design
ABS has issued an approval in principle (AIP) to Samsung Heavy Industries (SHI) for its new design of an ammonia floating production storage and offloading (FPSO) unit. The FPSO, named Samsung Ammonia Blue, features advanced safety components with an expected production capacity of 1.2m tonnes per annum of ammonia. ABS completed design reviews on the […]
Jan De Nul Group launches dredging operations at Port Hedland
Jan De Nul Group is reinforcing its long-standing presence in Port Hedland, where its dredging vessel, J.F.J. De Nul, has begun capital dredging and land reclamation works for the development of the Lumsden Point General Cargo Facility and Logistics Hub, in accordance with strict environmental regulations. Located on Australia’s North-West coast, Port Hedland is the […]
New cranes to increase Salalah Port capacity to 6 million TEUs by year-end
Oman’s Port of Salalah has received new hybrid cranes aiming to improve cargo handling efficiency. The four new hybrid Rubber Tyred Gantry (RTG) cranes, part of a multi-million dollar investment, join 24 other cranes at the Port of Salalah, including fully electric Ship to Shore assets. Port of Salalah is expected to receive another eight […]
Kalmar enhances Grimaldi’s RoRo operations with heavy terminal tractors
Kalmar has finalized an agreement to provide Grimaldi Group, an Italian maritime logistics operator, with three heavy terminal tractors. These machines will be utilized on the new Motorway of the Sea, a Ro-Ro transport system linking the ports of Trieste in Italy, and Ambarli in Turkey. The order was recorded in Kalmar’s Q3 2024 order […]
Market Analysis: Big Four near 60% of global container capacity
The four largest container shipping companies collectively control 57.5% of global container capacity, with over 17.5 million TEUs. In fact, their dominance is so significant that these four carriers – directly or indirectly – shape the container shipping landscape, wielding the ability to heavily influence supply on key routes, container freight rates, and the broader […]
Kalmar cuts two members from Leadership Team
Kalmar continues to proceed with the execution of its strategy, launched in May 2024, and plans to review its current operating model. The composition of the Kalmar Leadership Team will also change in conjunction. In particular, François Guetat, SVP of Integrated Supply Chain and Marika Väkiparta, SVP of Transformation are no longer be part of […]
Air cargo demand growth slows but October is a ‘whole new ball game’
Air cargo demand growth slowed in September but there is an expectation that US port strikes will put extra pressure on an already busy market. The latest figures from data provider Xeneta show that air cargo demand increased by 9% year on year in September, a strong performance but down on the double-digit percentage increases […]