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...
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...
Shell’s leaving Russia will cost the energy company between USD 4 and 5 billion. The company previously reported a depreciation of around USD 3.4 billion but has upped the figure in its first quarter 2022 outlook. At the beginning of March, Shell announced it...
Marijn van Rooij, co-founder and technical director of Ocean Grazer, has won the Royal Institute of Engineers’ (KIVI) Engineer of the Year 2022 award. His company developed the Ocean Battery, a technology to store energy on the seabed. The announcement by KIVI...
Now that many have been vaccinated including, fortunately, more and more seafarers, it is again possible to meet at trade fairs and conferences. Here, we can once again exchange innovative ideas, solutions and equipment that can hopefully improve not only shipping,...
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