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Tagged in Installation

Ørsted and Cadeler Sign Long-term Agreement for Offshore Wind Installation Vessel Capacity

Ørsted and Cadeler have signed a firm long-term lease agreement for a newbuilt Wind Farm Installation Vessel. With the agreement, Ørsted secures installation vessel capacity from Q1 2027 to end of 2030 for upcoming construction projects The signing …
Apr 10, 2024 / Curious

Cadeler Signs Offshore Wind Turbine Installation Contract for the Vessel Wind Scylla with an Undisclosed Client

The contract entails Cadeler’s wind farm installation vessel Wind Scylla and has a value between USD 75 million and USD 150 million, including both the firm period and potential options. Signing of the contract reinforces Cadeler’s position as a key …
Mar 28, 2024 / Curious

Wärtsilä Lifecycle Agreement to guarantee operational reliability of new Wind farm Installation Vessel

Technology group Wärtsilä has signed a long-term Guaranteed Asset Performance agreement with CSBC-DEME Wind Engineering Co Ltd (CDWE), a joint venture between CSBC Corporation and DEME Offshore. The agreement covers CDWE’s new 216 metres-long marine …
Mar 26, 2024 / Curious

Maersk Supply Service partners with Edison Chouest Offshore in the US for the construction and operation of a Jones Act-compliant windfarm feeder

Maersk Supply Service to partner with Edison Chouest Offshore (ECO) for the construction and operation of a windfarm feeder concept specifically designed for Maersk Supply Service’s next-generation Wind Installation Vessel. Based on innovative …
Mar 18, 2024 / Curious

The UK Government has awarded funding to a consortium led by Morek Engineering to design a new class of low-carbon installation vessel for the floating offshore wind market

The UK Government has awarded funding to a consortium led by Morek Engineering to design a new class of low-carbon installation vessel for the floating offshore wind market. The consortium has won the funding through the UK Government’s Clean …
Jan 29, 2024 / Finance

CIMC Raffles picks TMC for Havfram Wind’s WTIVs

CIMC Raffles has chosen TMC Compressors to supply a complete marine compressed air system to the two Wind Turbine Installation Vessels (WTIVs) Havfram Wind has ordered from the Chinese shipbuilder. Havfram Wind is an offshore wind company focused on …
Jan 17, 2024 / Curious

Van Oord completes foundation and cable installation at Baltic Eagle offshore wind farm

Van Oord has successfully completed the installation of all 50 foundations and inter-array cables for Iberdrola’s Baltic Eagle offshore wind farm. Earlier this year, heavy-lift installation vessel Svanen installed the monopiles. The wind turbine …
Dec 20, 2023 / Vessels

COSCO SHIPPING Specialized Carriers Completes 19th DP Float-over Installation Project

Recently, COSCO SHIPPING Specialized Carriers successfully completed the world’s first DP float-over installation case without longitudinal limit, with a platform weighing 12,900 tons in place smoothly and the precise docking of the jacket. This …
Dec 15, 2023 / Curious

Major upgrade for Van Oord’s heavy-lift installation vessel Svanen

Van Oord’s heavy-lift installation vessel Svanen will get a major upgrade. Among other improvements, the gantry crane will be extended by 25 metres, making the vessel ready to handle the next generation of monopile foundations for offshore wind …
Dec 11, 2023 / Curious

Havfram signs Green ECA Term Loan Facility to fully finance newbuilding programme

Havfram has signed a Senior Secured Green ECA Term Loan Facility to fund its two Wind Turbine Installation Vessels (WTIVs), currently under construction at CIMC Raffles. The Facility was entered into with a syndicate led by DNB Bank ASA …
Nov 22, 2023 / Curious