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DNV awards AiP for a floating ammonia production unit

DNV awards AiP for a floating ammonia production unit

by Mariska Buitendijk | Mar 14, 2023 | Emissions, Energy transition, Marine fuels, News, Offshore, Offshore wind

An industrial scale concept for a floating production unit to produce green ammonia has secured Approval in Principle (AiP) from DNV, affirming the design’s technical feasibility. The so-called NH3 FPSO concept is being developed by Netherlands-based SwitcH2 BV...
Van Oord back in the black in 2022

Van Oord back in the black in 2022

by Mariska Buitendijk | Mar 13, 2023 | Dredging, Emissions, Energy transition, Land reclamation, Marine fuels, News, Offshore, Offshore wind, Ship propulsion

After suffering a EUR 62 million loss over 2021, 2022 was a year of growth and recovery for offshore and dredging contractor Van Oord. The company secured a net profit of EUR 60 million and has a healthy order book worth EUR 4.3 billion. Van Oord says 2022 was not an...
‘Demand for ocean space will grow five-fold by 2050’

‘Demand for ocean space will grow five-fold by 2050’

by Mariska Buitendijk | Mar 10, 2023 | Energy transition, Fishing, Maritime research, News, Offshore, Offshore wind, Renewables, Shipping

The collaboration between ocean industries will need to intensify for the rapid buildout of offshore wind and aquaculture to coexist sustainably with other industries and the ecosystem. According to DNV’s Spatial Competition Forecast, the amount of ocean space...
Jan De Nul and DEME unveil offshore floating solar tech

Jan De Nul and DEME unveil offshore floating solar tech

by Mariska Buitendijk | Mar 10, 2023 | Energy transition, News, Offshore, Offshore wind, Renewables

Belgian partners Jan De Nul, Tractebel, and DEME are introducing Seavolt, a new offshore floating photovoltaic (PV) technology. This technology is a result of joint R&D, combining the expertise of solar, environmental and offshore experts. Seavolt technology...
Shipbuilder Royal IHC allowed to sell IQIP to reduce debt

Shipbuilder Royal IHC allowed to sell IQIP to reduce debt

by Mariska Buitendijk | Mar 9, 2023 | Dredging, News, Offshore, Offshore wind, Ship design, Shipbuilding

Struggling Dutch shipbuilder Royal IHC has succeeded in getting the court to sign off on its financial restructuring plan. The plan allows IHC to sell its successful subsidiary IQIP to HAL Investments to improve its balance sheet. Royal IHC has been in financial...
Boskalis concludes 2022 with record order book

Boskalis concludes 2022 with record order book

by Mariska Buitendijk | Mar 9, 2023 | Dredging, Emissions, Heavy lift, Land reclamation, News, Offshore, Offshore wind, Project cargo, Salvage, Survey, Towage

Royal Boskalis concluded 2022 with a sharp increase in profitability and a strong increase in revenue. The order book also increased to an all-time high level. Compared to last year, revenue increased by 21.0% to EUR 3.58 billion (2021: EUR 2.96 billion). EBITDA...
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