May 21st, 20190CSBC-DEME Wind Engineering, a joint venture between Belgian company DEME Group and Taiwanese shipbuilder CSBC Corporation, has signed a contract with Copenhagen Infrastructure Partners (CIP) to transport and install wind turbines for two offshore wind projects in Taiwan. CIP is currently developing three offshore wind projects off...
May 17th, 20190Belgian marine engineering services provider DEME Offshore has secured a €200m ($223m) contract from Danish energy firm Ørsted to install foundations and turbines at Hornsea offshore wind farm. Under the contract, DEME Offshore will transport and install 165 monopile foundations and carry out scour protection. The monopoles will be...
April 30th, 20190Belgian shipowner Exmar has ordered a pair of LPG-fuelled 86,000 cu m LPG carriers from China’s Jiangnan Shipyard. The vessels are scheduled for delivery within the second and third quarters of 2021. Exmar says the vessels will be used to serve the company's long-term commitments with Equinor, a deal it announced in December...
April 9th, 20190A sale done by Antwerp-based Compagnie Maritime Belge’s bulker arm Bocimar made the headlines in last week’s broker reports. This week the taker is attached to the deal. Greek Cosmoship Management has emerged as the taker of 75% of Bocimar’s smallest bulkers, pocketing $27m for an en bloc deal for three ships built at...
April 8th, 20190Belgian offshore service provider Jan De Nul has placed an order at Cosco Shipping Heavy Industry for the construction of a jackup installation vessel. The vessel, which has been named Voltaire, will have a crane capacity of 3,000 tonnes and is expected to support the construction of offshore wind farms upon delivery in 2022. Jan...
March 29th, 20190The Port of Antwerp aims to open a hydrogen bunkering station later this year, its CEO Jacques Vandermeiren revealed earlier this week at Petrospot’s Marine Energy Transition Forum. The news comes as Antwerp, Europe’s largest petrochemical complex, brings online a swathe of alternate fuels for shipping, including LNG and...
March 28th, 201912Euronav has promoted its CFO Hugo De Stoop to succeed Paddy Rodgers as CEO of the tanker giant. The handover will take place during the second quarter with Rodgers off to as yet unspecified pastures new. De Stoop commented today: "I would like to take this opportunity to thank Paddy; it has been a real pleasure to work together in...
March 20th, 20190Euronav’s novel strategy in handling the implementation of the global sulphur cap moved ahead today with a chartered Scorpio tanker transferring a cargo of low sulphur fuel onto the company’s giant ULCC. Euronav has stood out from most other large tanker owners by opting not to install scrubbers. Instead it has moored the Oceania...
February 20th, 20190Belgian tanker owner Euronav has sold its last product tanker, the 2004-built 72,768 dwt , marking the company’s exit from the product tanker sector. The vessel was sold to an undisclosed party for $6.75m, and will be delivered to its new owner in April. MSI values the ship at . Euronav says it will record a capital gain of...
February 4th, 20196One of the most famous names in shipping is to step down. Paddy Rodgers will relinquish his role as CEO at tanker giant Euronav this year, the Belgian company revealed in an update this morning. Rodgers has been with Euronav for the past 18 years. A recruitment process for a new CEO is underway with Rodgers remaining in his position...
