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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...
Shell writes off up to USD 5 billion on Russian assets

Shell writes off up to USD 5 billion on Russian assets

by Mariska Buitendijk | Apr 8, 2022 | News, Offshore

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...
Ocean Grazer founder wins Engineer of the Year Award

Ocean Grazer founder wins Engineer of the Year Award

by Mariska Buitendijk | Mar 17, 2022 | Maritime awards, Maritime research, News, Offshore, Offshore wind

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...
SWZ|Maritime’s October 2021 issue: ‘Finally, we can meet again in real life’

SWZ|Maritime’s October 2021 issue: ‘Finally, we can meet again in real life’

by Mariska Buitendijk | Oct 22, 2021 | Maritime events, News, Offshore, Shipbuilding, Shipping, SWZ|Maritime

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,...
Solar and seaweed farm combined at sea for the first time

Solar and seaweed farm combined at sea for the first time

by Mariska Buitendijk | Dec 4, 2020 | News

Oceans of Energy and The Seaweed Company have installed offshore solar and seaweed farms at the North Sea Farmers Test Site, twelve kilometres off the coast of Scheveningen. The farms use the same space to generate solar energy and grow seaweed at the same time. It...
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