Milestones

The European Investment Fund (EIF), Chr. Augustinus Fabrikker, Builders Initiative and Minderoo Foundation have approved commitments to become cornerstone investors in Ocean 14 Capital’s inaugural fund, the first large investment fund to focus exclusively on the blue economy.

During Europort 2021, Radio Holland and Neptune Marine signed an agreement for an extensive navigation and communication package for hull number NP-554, a Trailing Suction Hopper Dredger. Besides the equipment, Radio Holland also takes care of the installation and commissioning.

The Wight Shipyard Co has been formally presented with a Queen’s Award for Enterprise for International Trade by Mrs Susie Sheldon JP, Her Majesty’s Lord-Lieutenant of the Isle of Wight in a ceremony at the thriving shipyard in East Cowes. The award was in particular recognition of their outstanding short-term growth in the export market.

The energy and marine consultancy AqualisBraemar LOC Group (ABL Group) has entered into an agreement to acquire the UK operations of ship design and marine consultancy company OSD-IMT from Damen Shipyards Group.

Two high-tech cutting ceremonies have taken place marking construction is underway to build North Star Renewables’ inaugural hybrid-powered vessel fleet specifically designed to support the UK’s growing offshore wind market.

Sea Vorian, a company created by a pool of investors led by Jean-Luc Biache and François-Xavier de Cointet, is acquiring 100% of Seafin, a leader in the distribution and manufacturing of high-tech products for the blue economy, from its founder Claude Pacheco, the Atalaya and Financière de Brienne 2 funds managed by Ace Capital Partners and SFLD.

Shell Global Solutions BV and energy technology company Baker Hughes have signed a broad strategic collaboration agreement to accelerate the global energy transition by helping each other achieve their respective commitments for net-zero carbon emissions and advancing solutions to decarbonize energy and industrial sectors.

Teledyne Marine has appointed Pim Kuus to the newly created role of Senior Hydrographer & Product Manager for Teledyne RESON’s market leading echosounders.

Austal, Australia's premier defense and fast ferry shipbuilder serving the global market, is undergoing a real digital transformation thanks to a renewed focus on innovation, application of digital-first processes, and implementation of SSI's shipbuilding information management platform.

To better serve customers in the Eastern Hemisphere, Clariant is expanding its presence and commitment to the region, including Africa, Southeast Asia, the Commonwealth of Independent States, Europe, the North Sea, and the Middle East.

David Wells, CEO of AqualisBraemar LOC ASA, which operates in the oil and gas industry through the AqualisBraemar LOC, Longitude, East Point Geo and JLA brands, has announced that he wishes to retire at year-end and step down as CEO of the group.

The International Marine Contractors Association (IMCA) announces that Bill Chilton has joined the team as Technical Adviser – Diving.