Milestones

Simply Blue Group, a blue economy project developer headquartered in Ireland, has joined the North Sea Farm 1 Project (NSF1) consortium to develop the world’s first commercial-scale seaweed farm located within an offshore windfarm. Positioned off the coast of the Netherlands in the North Sea, the 10 ha farm is planned to become operational in autumn this year when it will be deployed and seeded, with the first harvest expected to be in spring 2025.

In a strategic move to strengthen its global market presence, Greensea IQ, a leading provider of marine robotics software and integrated solutions, proudly announces the signing of BUVI Scandinavia (BUVI) to join its international sales team. The signing took place at Oceanology International on the Greensea IQ stand (G200) and follows another recent signing of the Spanish sales representative Uniformidad Y Suminstros De Proteccion (USP).

Cargill revealed exciting results of the six-month test period of the Pyxis Ocean, underscoring the potential for the wind assisted propulsion technology in moving the shipping industry toward renewable energy use. The MC Shipping Kamsarmax vessel retrofitted with two WindWings^®—large solid wind sails developed by BAR Technologies—has achieved performance consistent with what was predicted which is equivalent to an average of 3 tons of fuel per day.

Teledyne Marine has agreed to acquire Valeport, a market leader in the design and manufacture of underwater sensors and profilers.

VIKING Life-Saving Equipment A/S delivered outstanding results across its product areas and markets in 2023. In terms of revenue and, in particular, earnings, the company has met the goals set out in its BP25 business plan much earlier than expected. Work on the next business plan, BP28, with new strategic objectives, is well advanced, and is due to be approved later this year.

Brookes Bell, a leading multi-disciplinary technical and scientific consultancy for the marine and energy sectors, has expanded its Naval Architect team in Glasgow with the appointment of Dr. Kaan Ilter, a renowned specialist in vessel design, hydrodynamics and structures.

Kongsberg Discovery, a leader in advanced underwater robotics and sensor technology, has signed an agreement with ECHO81 to support sales within the US market.

OEG Energy Group Limited (“OEG”, the “Group”), a leading offshore solutions business, has appointed Caroline Merson as its new Chief Marketing & Communications Officer.

On Tuesday, March 5, Danos Group Holdings finalized the acquisition of Performance Energy Services (PES), a 24-year-old Houma, LA-based company. The acquisition includes all PES business units, the Houma administrative office, and waterfront operations facility.

Mitsui O.S.K. Lines, Ltd. (MOL) announced that its wholly owned subsidiary, SeaLoading Holding AS, which owns and operates cargo transfer vessels (CTVs), has signed a charter contract for the CTV SeaLoader 2 with Petroleo Brasileiro S.A. (Petrobras), a Brazilian state-owned oil company. The two companies have also decided to enter into negotiations for a new CTV shipbuilding contract by the end of 2024.

RockWave, a leading provider of seismic processing and imaging services for multiple energy sectors, proudly announces that it has been awarded a significant contract from Equinor and Polenergia at their offshore wind development area, the 'Bałtyk 1 Wind Farm'. This award underscores RockWave's commitment to delivering top-tier seismic processing solutions to the renewable energy sector.

Kongsberg Maritime, a global leader in marine technology, and EGGS (part of Sopra Steria), a leading design consultancy, are thrilled to announce that their collaborative effort on the EcoAdvisor project has been recognized with the prestigious IF Design Award for 2024.