Deugro and J. Müller have signed a strategic port handling agreement at the Port of Brake, Germany, to manage and store wind turbine components for a major global manufacturer.
COSCO SHIPPING Specialized’s DP2 semi-submersible vessel XIANG TAI KOU has arrived at Leith, UK, with wind turbine monopiles for North Sea projects.
Bureau Technical Services (BTS) expands into China, enhancing offshore wind and oil & gas support across Asia with a new operational base.
Lithuania’s second offshore wind tender has collapsed after receiving only one bid, underscoring investor caution across the Baltic Sea renewable energy sector.
Maersk Offshore Wind has terminated its $475 million Wind Turbine Installation Vessel (WTIV) construction contract with Singapore’s Seatrium. The move comes as the vessel nears completion, triggering commercial and legal implications for both companies.
Ørsted has unveiled a major organizational restructuring to cut 2,000 jobs by 2027, refocusing on offshore wind and achieving DKK 2 billion in annual savings.
AYK Energy will supply advanced LFP battery systems for Baleària’s two new fully electric high-speed ferries, marking a major step toward zero-emission maritime transport between Spain and Morocco.
Semco Maritime strengthens its offshore wind service portfolio with new long-term vessel capacity, key O&M contracts with RWE, Iberdrola, and Global Tech I, and the appointment of two senior executives to drive innovation and growth.
Ørsted has raised $9.4 billion through a major rights issue to strengthen its finances after challenges in the U.S. offshore wind sector. The capital will fund Sunrise Wind and support the company’s global renewable energy strategy.
