Royal IHC targets return to profitability as order book grows
Royal IHC expects to return to net profitability in 2026 after significantly improving its financial position and growing its order book during 2025. According to the Dutch shipbuilder's annual report, revenue increased to EUR 487.2 million, while the net loss...
Jack-up giant Voltaire installs first next gen turbine
Jan De Nul Group's newest and the world's largest jack-up installation vessel Voltaire recently installed its very first offshore wind turbine at Dogger Bank. It involves the very first next generation offshore wind turbine, the GE Haliade-X, for what will be the...
Rotterdam reduces port fees for ships bunkering sustainable fuels
Port of Rotterdam will offer a substantial port fee reduction for ships that bunker sustainable fuels in Rotterdam, supporting the recently announced Zero Emissions Maritime Buyers Alliance (ZEMBA). In addition, the port wants to recognise front runners maritime...
Royal IHC secures launch customer for new trencher
Royal IHC will supply Caldwell Marine International (CMI), based in the USA, with a new build Amphibious Hi-Traq Jetter. This state-of-the-art subsea tracked trenching vehicle is the first of its type to be owned and operated by a specialist US cable installation...
Frontline-Euronav deal sealed: Frontline acquires tankers for shares
After the plans were already announced last week, Frontline now says an agreement has been reached to resolve the deadlock in Euronav. Frontline will acquire 24 VLCCs in exchange for its shares in Euronav, which will pass to Euronav’s largest shareholder, Compagnie...
103-metre Feadship superyacht is ready for sea trials
Project 1011 has exited the construction shed at the Feadship facility in Makkum. Fitting out will continue as the 103-metre-long yacht readies for sea trials in the North Sea prior to delivery. Designed inside and out by Sinot Yacht Architecture & Design with...
Next step for maritime molten salt reactor development
Development of molten salt reactor technology for maritime use has taken a step forward with the successful start of pumped-salt operations at a dedicated facility in the US. Core Power, Southern Company and TerraPower are working on the project together. The project...
Frontline plans to acquire Euronav tankers in exchange for shares
Tanker companies Frontline and Euronav seem to have found a solution to the deadlock they were in after plans to merge the two companies fell through. Frontline now wants to acquire 24 tankers from Euronav, with the first's shares in Euronav then passing to Euronav’s...
VIDEO: NATO navies trial maritime unmanned systems in Portugal
In September, exercises REPMUS 23 and Dynamic Messenger 23 took place in Tróia and Sesimbra, Portugal. They focused on integrating new maritime unmanned systems into NATO operations, and featured the ability of autonomous underwater vehicles to operate effectively...
Allseas lands BP pipelay job for Pioneering Spirit
BP has selected Allseas to complete the subsea pipelay scope for its ultra-deepwater Greater Tortue Ahmeyim (GTA) natural gas project offshore Mauritania and Senegal. Allseas will undertake the works early December 2023 using the world’s largest construction vessel...
Damen builds virtual reality version of Combat Support Ship
The new Combat Support Ship (CSS) Den Helder has not yet been delivered, but the crew can already get to know the ship thanks to an extensive virtual reality package. Shipbuilder Damen Naval has delivered a virtual copy of the ship to the Commando Materieel & IT...
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