Key Deals – Page 11
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NewsHydor expands small vessel insurance reach
Norwegian specialist marine insurance MGA Hydor has taken a further step into smaller commercial vessel insurance with the acquisition of UK-based MGA Coastal Marine Services.
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NewsSvitzer readies itself for Maersk demerger
Svitzer is strengthening its financial expertise in preparation for the intended demerger with Maersk.
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NewsRAD Propulsion announces £1m funding
Marine electric product company RAD Propulsion has announced a £1 million (€1.1 million) boost from robotic and remote technology firm Ocean Infinity.
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NewsOEG Group adds Dutch firm to its portfolio
OEG Group has added a Dutch offshore services firm to its group as the latest of 12 acquisitions in the past two decades.
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NewsNew CTV design ordered for Irish waters
Rockabill Marine Design will design a new 14-metre crew transfer vessel for Irish Commercial Charter Boats.
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NewsMaritime & energy brains form new partnership
A new partnership will explore wide-ranging cooperation opportunities in offshore renewables.
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NewsMoU signed to explore methanol for SOVs
Three firms have formed an alliance to look at fuel options – in particular methanol – for offshore vessels.
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NewsMaersk drops Svitzer towage division
Svitzer goes it alone: Maersk has de-listed its towage and salvage division, arguably the oldest such firm in the world.
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NewsBoluda Towage buys Resolve Marine (Gibraltar)
The global tug and salvage operator Resolve Marine has sold its Gibraltar business to Spanish towage giant Boluda Towage.
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NewsChinese monopile maker wins big in Europe
Chinese manufacturer Dajin Offshore has been winning major contracts in Europe to deliver its monopiles, including two in the UK and one in France.
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NewsPilot project launched to use AI to save lives
A joint venture between Engie and EDF has signed up start-up Zelim to work on a project that uses AI to save lives.
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NewsRotec Hydraulics agrees to set up shop at A&P
Seawork exhibitor Rotec Hydraulics has agreed to open a service centre at one of A&P’s ship repair facilities.
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NewsBrunvoll reaps benefits of offshore wind sector
Offshore wind is proving to be a healthy source of orders for Brunvoll, which has been selected by ship designer Vard for a number of contracts.
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NewsYamaha snaps up Torqeedo
Deutz has agreed a stock purchase of its electric drive firm Torqeedo to Yamaha Motor.
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NewsBarrus sets up hybrid engine joint venture
Seawork exhibitor and engine builder Barrus has formed a new company with Hybrid Marine to focus on hybrid engines for marine.
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NewsESVAGT signs 15-year wind farm service deal
ESVAGT will build a Service Operation Vessel under a new contract with turbine manufacturer Vestas.
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NewsMaritime battery maker wins cash boost
A Toyota growth fund has invested an undisclosed sum in Norwegian marine battery firm Corvus Energy.
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NewsJoint venture set up to clinch obsolete OSW farm market
A JV has been set up to focus on the offshore wind farm decommissioning market, which will breathe new life into older vessels.
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NewsIKEA owner applies to build offshore energy hub
IKEA owner Ingka and OX2 have applied for permits to build a huge offshore energy hub in the Baltic Sea, comprising offshore wind and hydrogen production.
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NewsGreen finance for Cadeler offshore wind newbuilds
Cadeler is funding its two newbuilds with green financing