
The following article is a guest post by Una Softic, a Global Partnerships Advisor at PowerX. Japanese company PowerX is addressing renewable energy transfer challenges with strategic partners in Japan and globally, developing a power transfer vessel – Power Ark, and building a large-scale battery a

Shanghai-headquartered Wison Offshore & Marine has won a contract from China’s Shandong Lankun Offshore Engineering for the construction of an offshore wind farm installation vessel that will be able to handle offshore wind turbines of up to 16 MW. Under the contract, Wison Nantong Heavy Industry, a

Danish maritime assets investor Navigare Capital has made its first investment in the offshore wind support vessel segment through a majority investment in its partnership with Norway’s Norwind Offshore. Five purpose-built vessels, equipped with battery-hybrid propulsion and power management systems

Kongsberg Maritime has signed a EUR 28 million contract for Cadeler’s new foundation installation vessel to be built by Chinese shipbuilder COSCO Shipping (Qidong) Offshore and delivered in 2025. Under the contract, the third Kongsberg Maritime has received for Cadeler installation vessels, the comp

The world’s first offshore charging points for electric vessels will be installed on the Lynn and Inner Dowsing wind farms off the UK around late summer, according to the UK’s Department for Transport. The project to develop an offshore wind on-turbine electrical vessel charging system is led by MJR

Ørsted UK, Falck Renewables, and BlueFloat Energy have expressed their support for the bid to give Scottish Green Freeport status to the Cromarty Firth. The three companies, which have secured seabed leases in the recent ScotWind round, have become members of Opportunity Cromarty Firth (OCF), the pa

Tokyo-based PowerX, Inc. has raised approximately JPY 4.15 billion (around EUR 31 million) in the first half of Series A funding to finance the establishment of the battery assembly facility “Power Base” and energy storage solutions (ESS) R&D efforts. The financing round was co-led by Spiral Capital

Baltic Power plans to carry out a prequalification for tendering covering several equipment supplies and services to support the offshore construction activities on the 1.2 GW Baltic Power wind farm in the Polish Baltic Sea. The services and equipment shall be provided for the offshore construction

Cumulative global capex spend in the offshore wind sector is expected to hit USD 1 trillion by 2031, but investors will no longer only be competing on price alone, according to a new report by Wood Mackenzie. Offshore wind is poised to become one of the key technologies powering the decarbonisation

Offshore wind service provider C-Bed will deploy its walk-to-work (W2W) service operation vessel (SOV) Wind Innovation on the DanTysk and Sandbank offshore wind farms in the German North Sea. The operations and maintenance (O&M) service contract will commence in June. The company secured full activi

Ørsted and Ta San Shang Marine Co. Ltd. have held a christening and naming ceremony at the Port of Taichung for TSS Pioneer, the first-ever purpose-built service operation vessel (SOV) in the Asia-Pacific region. TSS Pioneer will be deployed on Ørsted’s 900 MW Greater Changhua 1 & 2a wind farms offs

Maersk Supply Service has completed the installation of the mooring, anchoring, and quick-connect solution for the 2 MW DemoSATH, the first floating wind turbine to be connected to the Spanish grid. Maersk Mariner installed six mooring lines, comprised of hybrid lines of chain and fibre rope, and si

SeaZip Offshore Service has acquired two crew transfer vessels (CTVs) from Wind Energy Marine, bringing the total number of CTVs in its fleet to six. Jan Reier Arends, Owning Manager of SeaZip, said the purchase of the two vessels was a price-competitive alternative to new vessel building projects.

Empire Offshore Wind, a joint venture between Equinor and BP, has awarded a long-term service operations vessel (SOV) charter agreement to the US-based Edison Chouest Offshore (ECO) to support the Empire Wind offshore wind farm project. The charter agreement has a fixed period of 10 years, with comm