Tag Archives: vessels

The decarbonization of naval vessels

Navies around the world are becoming increasingly aware that they will also be affected by the decarbonization challenge facing the maritime world. However, to fulfil their defensive purpose, naval vessels must also meet specific requirements which add complexity to their search for the most sustainable fuel types. Despite navies not being subject to the same … Continue reading The decarbonization of naval vessels

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Siemens and Esvagt christen wind power industry’s first offshore Service Operation Vessels

Joined by government and community officials, customers and special guests, Siemens this week celebrated the official christenings of the offshore wind industry’s very first, purpose-built Service Operation Vessels (SOV). The christening events took place in cooperation with Esvagt A/S, owner of the two vessels, in Rostock, Germany, and Hamburg, Germany.     Rostock-Warnemünde harbor saw … Continue reading Siemens and Esvagt christen wind power industry’s first offshore Service Operation Vessels

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Offshore Wind Energy Installation Vessels Will See Global Market Value Soar to $2.93 Billion

The global market value for offshore wind turbine and foundation installation vessels will increase more than fivefold, from an estimated $0.56 billion in 2014 to approximately $2.93 billion by 2020, representing an impressive Compound Annual Growth Rate (CAGR) of 30%, says research and consulting firm GlobalData. The company’s latest report* states that increasing installations will … Continue reading Offshore Wind Energy Installation Vessels Will See Global Market Value Soar to $2.93 Billion

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Austal secures order for more wind farm support vessels

The 27 metre catamarans will be used by UK-based Turbine Transfers to support wind turbine installation and maintenance activities in European waters. Austal will build them at its shipyard in the Philippines over a period of approximately nine months, commencing in March 2013. Commenting on the new contract Austal’s Chief Executive Officer, Andrew Bellamy, said: … Continue reading Austal secures order for more wind farm support vessels

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