DEME records record turnover over 2025
DEME has announced record results over 2025 with a group turnover of EUR 4.2 billion compared to EUR 4.1 billion a year ago. Net profit reached EUR 346 million up twenty per cent from EUR 288 million a year ago. EBITDA stood at EUR 931 million from EUR 764 million in...
Sleipnir performs its largest single lift jacket removal to date
Heerema’s semi-submersible crane vessel Sleipnir has removed the 8100-metric-tonne Jotun-B jacket in the Norwegian North Sea for Vår Energi. During this project, skirt piles with diameters of 2.7 metres and 80 millimetres wall thickness were cut subsea, the largest...
BigLift ships three reactors from Port of Venice to Thailand
Three mega reactors manufactured by Porto Marghera based ATB Group have left the Port of Venice for Thailand on board BigLift's heavy load carrier Happy Star. The reactors' diameters range from 5.4 to 5.7 meters, weigh between 880 to 1700 tonnes and are between 37 and...
Drewry: charter rates won’t recover until end of 2021
Charter rates for multi-purpose ships, including break bulk and heavy lift vessels, are not expected to recover back to pre-Covid-19 levels until the end of 2021. Recovery is anticipated to take even longer if the global pandemic is not contained. This follows from...
Dutch shipowners angry about delay in protection against pirates
Dutch shipowners are angry that entry into force of the Merchant Shipping Protection Act has been delayed. This law allows the use of private armed security on board Dutch ships to protect them from pirates. The delay comes as the International Maritime Bureau warns...
EU funding for LNG bunkering barges in Zeebrugge, Rotterdam and Lübeck
Titan LNG has been granted EUR 11 million in EU funding for its Bio2Bunker project. This project develops and expands a (bio-)LNG bunkering supply chain by introducing three bunker barges in Zeebrugge, Rotterdam and Lübeck. The bunker barges in Belgium and Germany...
Holland Shipyards delivers hybrid ferry Gaarden to SFK
Holland Shipyards Group has handed over a new build hybrid ferry, named Gaarden, to Schlepp- und Fährgesellschaft Kiel (SFK) in Germany. The vessel will operate as a cycle and foot ferry within the waters of the Kieler Fjord. The ship will sail on batteries alone...
Bolidt antimicrobial decking could aid cruise industry’s return
Synthetic applications specialist Bolidt is launching an antibacterial flooring system to improve hygiene on passenger ships and support the safe return of the cruise industry. Originally designed for use in land-based applications such as hospitals and kitchens, the...
Kooiman to build 1500-m3 trailing suction hopper dredger Hegemann V
Kooiman Marine Group will design and build a new trailing suction hopper dredger for Detlef Hegemann Aktiengesellschaft. The ship is designed to execute multiple types of dredging activities on specific locations. The Hegemann V has been developed by Kooiman...
Wilson CFO: There should be fewer, bigger players in shortsea
The European shortsea sector has been struggling for over a decade. 'Consolidation is much needed, says Wilson Shipping’s CFO Stig Vangen. 'There should be fewer, bigger players because the options are running out. And it is in times like these, this can happen.' The...
Tug grounds after officer of the watch falls asleep
Even when you comply with the rules, fatigue can still jeopardise safe operations on board a ship. In a recent Mars Report, the officer of the watch fell asleep due to fatigue resulting in his ship grounding. The incident was covered in a recent Mars Report....
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