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July 17, 2025

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offshore

Scotland’s North Star explains how to fund expensive wind ships in volatile debt market

Track record is important in securing loans and equity finance, Scottish shipowner says

May 2, 2023
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Cargo ship mangled after hitting wind turbine in North Sea

German vessel suffers extensive damage after incident at Gode Wind 1 site

April 28, 2023
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MOL and Mitsui buy $188m of Modec shares as new FPSO alliance formed

Japanese groups deepen cooperation for new offshore projects

April 28, 2023
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Whatever happened to all the offshore newbuildings?

Ageing offshore ships will work for longer as fleet renewal remains expensive pipe dream. Owners and analysts say orders are highly unlikely in the current climate

April 28, 2023
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Wind player Eneti reports lower results that top analyst estimates

Scorpio Group-backed outfit has begun sales process for three NG2500 vessels that are the smallest in its fleet

April 27, 2023
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Fred Olsen Windcarrier fixes ship to install 72 wind generators for RWE

Norwegian shipowner says work will take place in Danish North Sea in 2026

April 27, 2023
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Subsea 7 on track to hit targets despite loss as backlog grows

Chief executive John Evans said the company’s first quarter was ‘satisfactory’

April 27, 2023
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BW’s Cadeler lands $550m-plus of contracts for wind farm ships

Danish-headquartered shipowner adds work from compatriot energy group Orsted

April 25, 2023
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Cyan Renewables inks debut foundation installation ship order in China

Singapore start-up picks Cosco Shipyard for next-generation wind farm vessel

April 24, 2023
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Siem Offshore wants to lead consolidation drive to meet charterers’ emission demands

Norwegian owner spies opportunities in expanding oil, gas and renewables markets

April 21, 2023
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