Key Deals – Page 24
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Germany commits €500 million to battery research
The Battery Cell Research Production Centre is an initiative launched by the German Federal Ministry of Education and Research (BMBF)[1] and will receive an investment of €500 million.
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Rolls-Royce finishes thruster plant upgrade
Rolls-Royce has completed a €57m upgrade and refurbishment of its thruster manufacturing plant in Rauma, Finland.
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Maritime 2050 launched
The UK’s Department for Transport has launched Maritime 2050, its first ever long-term strategy for the UK maritime sector.
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‘Little or no Brexit planning’, admit UK ports
Whilst pro-Brexit groups foresee a bright future for the UK as a global trading nation, chief executives and directors at ports and harbour authorities around the UK reveal that, with ten weeks to go, little or no planning has been done.
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‘Edda Sun’ charter
Fugro is set to commence its first project using new multipurpose ROV support vessel, ‘Edda Sun’, with mobilisation for the IRM contract planned for March 2019.
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Fjords resignation
Rolf A. Sandvik is leaving his position as CEO of forward-thinking passenger vessel operator The Fjords.
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Mooring contracts for floating wind
Dutch mooring specialist Vryhof has started the new year by announcing up to US$75 million in new contracts.
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ABP promises to ‘keep Britain trading’ through Brexit
Associated British Ports recently announced an additional investment to boost facilities at its Port of Hull, bringing the group’s total investment to £250 million since the EU referendum in 2016.
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Aberdeen incubator
Attollo Offshore has announced the launch of its Aberdeen-based Innovation Incubator.
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ProtoAtlantic opens call for applications
A project aiming to develop and validate a model for the prototyping and exploitation of innovative ideas in the maritime sector within the Atlantic area has called for entrepreneurs to apply for free testing of their technologies at multiple test facilities.
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Turnover up at Briggs
UK-headquartered Briggs Marine & Environmental Services has published its new accounts for the year ending March 2018 at Companies House, which show an annual Turnover of £58m; an increase of 17% from the previous year.
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Local heroes save stranded bulk carrier
The argument for reinstating Emergency Towing Vessels around the UK coast was raised again on December 18, when a Russian bulk carrier ran aground in Cornwall, writes Graeme Ewens.
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Miracle seafarer survives six day swim
A seafarer has survived six days in the open sea after the ship he was on sank in the Bali Strait.
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Seacroft and Apollo join forces
Two businesses from Aberdeen in Scotland are joining forces to deliver engineering and assurance in offshore marine projects.
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Biral tender success
UK meteorological equipment specialist Biral has recently announced its success in a competitive tender with its partner meteorological and hydrological solutions expert Observator Group.
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Sea Freight Operator award for Thames barge operator
GPS Marine has scooped a prestigious UK transport award, being named Logistics Sea Freight Operator of the Year at the Freight Transport Association (FTA) Logistics Awards 2018.
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Swedish Club freezes general increase
For the fourth year in succession marine insurance company, The Swedish Club, has announced a zero per cent general increase for the forthcoming year.
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MIT takeover
UK marine driveline specialist and Seawork International 2019 exhibitor MIT (Marine and Industrial Transmissions) has been acquired by Axel Johnson International.
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Technological development project
SEA Europe – the Shipyards’ and Maritime Equipment Association of Europe – has welcomed the signing of the EU-funded project “Futureproof Skills for the Maritime transport sector” (SkillSea).
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Funding opportunities for maritime startups
A new maritime technology investor and venture builder is offering digital startups financial investment, operational support and networking opportunities with established industrial partners.