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Sunday, April 5, 2020

North Sea News

Image: WFW

WFW Advises Galloper on Sale of Assets

UK-based Galloper Wind Farm Ltd recently agreed the sale of its transmission assets relating to the 353 MW Galloper Wind Farm  to Diamond Transmission Partners pursuant to the Offshore Transmission Owner (OFTO) regime.The international law firm based in London Watson Farley & Williams (WFW) said that it has has advised Galloper on offloading its assets to DTP.Galloper Wind Farm is located in the North Sea, 27 km from the coast of Suffolk, England. The sale of Galloper’s transmission…

Image: videotrinkets/AdobeStock

Business and Personnel Considerations in the Age of Autonomous Ships:

There is much talk among maritime professionals about how automation and autonomous vessels will make the industry safer. In truth, innovation will be driven by the bottom line and will take time before it is commonplace in the industry. Early examples are likely to be limited to smaller vessels and coastal waters. Autonomous ships are predicted to reduce human error, a major driver of accidents, but crews will still have an important role on board vessels for the foreseeable future.Recent TrialsIn December 2018…

Image: Port of Rotterdam

Green Bunker Demand Jumps at Rotterdam

Low-sulfur fuel sales rose sharply in Rotterdam in the last quarter leading up to the implementation of International Maritime Organisation (IMO) 0.5pc sulfur cap on 1 January.According to Port of Rotterdam, the demand for LNG, bio and low-sulfur bunkers has increased enormously in Rotterdam over the past year. Total sales in this largest European bunker port fell from 9.5 million m3 to 9 million m3.In the last quarter of 2019, sales of low-sulfur bunker oil with a maximum sulfur content of 0.5% – the so-called VLSFO, very low sulfur fuel oil – increased enormously.

Image: EnBW

Canada Funds Refinance German OWF

The Canada Pension Plan Investment Board (CPP Investments) has refinanced its minority interest in the 609MW Hohe See and Albatros offshore wind farm complex in the German North Sea.Amsterdam Capital Partners (Amscap) advised CPP Investments on the EUR 510.6 million green bond refinancing, said a statement.The refinancing follows CPP Investments’ acquisition of 49% of Enbridge Inc’s (Enbridge) original 49.89% ownership in the two projects, which Enbridge in turn acquired from EnBW Energie Baden-Württemberg AG (EnBW) in 2017.In total…

Image: Knutsen OAS Shipping

DSME to Build 2 LNG Tankers for KNOT

Knutsen NYK Offshore Tankers (KNOT), owner and operator of shuttle tanker operator, announced that it has been awarded a contract to build two  liquefied natural gas (LNG) fueled Shuttle Tanker.According to the fully integrated industrial shipping company, the two new 124,000 DWT LNG fueled shuttle tankers will be built by Daewoo Shipbuilding & Marine Engineering Co. Ltd shipyard in Korea with delivery mid-2022 and the vessels will operate in North Sea under time-charter contract…

Image: Siemens Gamesa Renewable Energy

Siemens Gamesa Shines in Offshore Segment

Commercial activity increased significantly in the offshore segment, with order intake in the last twelve months doubling to 3,343 MW, said Siemens Gamesa Renewable Energy(SGRE)Of that figure, 1,279 MW were signed in the first quarter of FY2020 (October 2019 - December 2019)."Siemens Gamesa is the clear leader in this segment, with a pipeline of projects totaling 9.6 GW," the Spanish-based engineering company said in a press release.Offshore turbine orders jumped to a value of €1.55bn during the first quarter…

Image: British Ports Association

Driverless Trucks to Dominate UK Ferry Traffic

Driver-less heavy goods vehicles (HGVs) will be to ship freight between the UK and continental Europe in the future, according to a new white paper published by the British Ports Association (BPA) and the specialist freight transport consultancy MDS Transmodal.Commercial and environmental pressures will encourage freight operators to look at autonomous trucks and they would transform the way the ro-ro market works in Great Britain."Changes anticipated include significant growth…

CMA CGM ships in Waltershofer harbour © HHM / Dietmar Hasenpusch

Hamburg Port Defends Service Losses

Germany's largest port, the Port of Hamburg not expecting reduction in container throughput caused by liner service changes announced by Ocean Alliance and Maersk.From April, the Ocean Alliance NEU 5 service handled by EUROGATE Container Terminal Hamburg – CTH is being transferred to Antwerp, said a press release from the a sea port on the river Elbe in Hamburg, Germany, 110 kilometres from its mouth on the North Sea."This service will be run by the Ocean Alliance Partner, CMA CGM as FAL 3 with an approximate annual volume of 150…

Image: Prosafe SE

Prosafe Misses Payment to Cosco

The largest and most versatile fleet of semi-submersible accommodation vessels in operation worldwide Prosafe SE has missed its final payment to China’s Cosco shipyard for the Safe Notos flotel.Offshore accommodation specialist  informed last November that it had re-evaluated its outlook and revised its forecasts resulting in a $341 million write down of assets and consequently a marginalized book equity amid a prolonged downturn and weaker outlook in the North Sea.Prosafe further informed that although the company had sufficient liquidity until early 2021…

Image: BP

BP, Premier Oil in $625M North Sea Deal

Energy giant BP has agreed a $625m deal to sell a package of North Sea assets. Premier Oil will take over the Andrew platform and BP's controlling stake in five surrounding fields, as well as its minority stake in the Shell-operated Shearwater field.BP operates the Andrew assets – comprising the Andrew platform, the Andrew (62.75%), Arundel (100%), Cyrus (100%), Farragon (50%) and Kinnoull (77.06%) fields and associated subsea infrastructure. It holds a 27.5% stake in the Shell-operated Shearwater field.“BP has been reshaping its portfolio in the North Sea to focus on core growth areas…

Image: Lindblad Expeditions

National Geographic Endurance Floats Out

Lindblad Expeditions Holdings, a global player in expedition cruises and adventure travel experiences, has celebrated the float out of National Geographic Endurance in Ulstein Verft, Norway.The first polar newbuild for the line, the 126-guest vessel is fully stabilized with the highest ice class (PC5 Category A) of any purpose-built passenger vessel, according to a press release.The vessel is scheduled for delivery in January 2020.Read Maritime Reporter & Engineering News' feature…

Sylvia Boer. Photo: AYOP

AYOP Appoints New Director

Amsterdam IJmuiden Offshore Ports (AYOP), a networking organization, has appointed Sylvia Boer as director effective from 1 February 2020. In this new position within the association for offshore companies in the North Sea Canal Area, Boer acts as a link between the members, government and stakeholders.AYOP sees great opportunities for the offshore wind, but certainly also for oil & gas, in the region and wants to take full advantage of this with the arrival of Boer.Boer has been working for Damen Shipyards Group over the past eight years…

Pic: Damen

Damen Collaborative Project on SAR

Dutch shipbuilding conglomerate Damen Shipyards Group, in collaboration with the compatriot high tech company Delft Dynamics and Next Ocean, has trialed a new approach to Search and Rescue (SAR) in the North Sea.The collaboration involved qualification testing of Delft Dynamics RH3 drone (RH-3 Swift), along with a fast rescue boat launched from a Damen Sea Axe Fast Crew Supply (FCS) Vessel equipped with Next Ocean’s wave and vessel motion predictor.The goal was to test the limits of drone helicopter operations offshore; a significant project given the notable size of the drone involved.

Image: Prosafe

Norway Rejects Prosafe-Floatel Merger

The Norwegian Competition Authority has rejected the proposed merger between Scandinavian offshore accommodation/construction support providers Prosafe and Floatel.Oslo-listed accommodation services player Prosafe in a press release said that it will study the decision in detail, and expects to decide on whether to appeal shortly and within the deadline within three weeks.The company owns and operates semi-submersible accommodation vessels operating at present in the North Sea…

Pic: Neste Corporation

Neste Offers LSFO in Germany

Finland’s oil refiner Neste Corporation has made low-sulphur fuel oil (LSFO)available in Bremerhaven, Germany in response to the upcoming IMO 2020 global regulation.Neste and the German BMT Bunker und Mineralöltransport GmbH have signed a partner agreement concerning distribution and sales of Neste MarineTM 0.5. This new marine fuel, containing maximum 0.5% sulphur, has been available in Bremerhaven, Germany, since the beginning of November 2019. BMT is a bunkering services company with a long experience in the sales of marine fuels.

Representatives from Lindø port of Odense and Liebherr Rostock From left to right: Roman Chopyk (Sales Manager, Liebherr Rostock); Andreas Müller (Sales Director, Liebherr Mobile Harbour Cranes); Christian Kruse Trillingsgaard (Technical Manager, Lindø port of Odense); Carsten Aa (CEO, Lindø port of Odense); Leopold Berthold (Managing Director, Liebherr Rostock); Aron Boysen (Sales Manager, Liebherr Denmark), Sara Glasewald (Project Manager, Liebherr Rostock). Photo: Liebherr

Offshore Wind: Lindø port of Odense Invests in Cranes

The growth of offshore wind renewable power continues to push investment in marine, port and infrastructure project, the latest an announcement ffrom the Lindø port of Odense which placed an order for an LHM 800 heavy lift unit, a machine with a lifting capacity of up to 308 tonnes at a height of 96.7 meters above quay to cope with the huge offshore wind turbines of the future.“With the purchase of the new mega crane, LINDØ port of ODENSE is cementing its key role as one of the…

P&O Ferries: adding two new-generation super-ferries to operate on its Dover-to-Calais service. (Photo © Adobe Stock / Sebastian)

P&O Ferries Invests In Next-Gen Ferries

P&O FERRIES has signed a contract with Guangzhou Shipyard International Ltd worth $285 million for two new 230-meter super-ferries – the largest ever to sail between Dover and Calais – that will be operational by 2023. The contract includes options to build two further vessels by 2024. P&O Ferries said the investment would secure the company’s position as a leading provider of transportation for people and goods between Britain and the Continent:“These will be the most sustainable ships ever to sail on the English Channel…

Image:  SEACOR Marine

SEACOR Marine Sells North Sea Standby Biz

US-based  offshore support vessel  (OSV) provider Seacor Marine has decided to sell its North Sea emergency response and rescue vessel business to North Star in a move to cut costs and generate cash to support its core business.Under the terms agreed, North Star will pay approximately US$25.1 million, said the provider of marine and support transportation services to offshore.Based on revenue targets in 2020 and 2021, SEACOR Marine could receive an additional consideration of up to US$5.2. The sale will close in December.

Image: Jan De Nul

Jan De Nul Opts for 100% Renewable Fuels

Luxembourg-based maritime construction engineering company Jan De Nul announced its decision to opt for 100% renewable fuels."Jan De Nul Group carries out dredging work in the Benelux with 100% renewable fuel. With this, the world player is further committing itself to immediately and considerably reducing its CO₂ emissions," said a release.Trailing suction hopper dredger Alexander von Humboldt will from now on sail on renewable biofuel from certified and sustainable waste streams.The choice of 100% renewable fuel is part of the ambitious CO₂ reduction objectives of the Jan De Nul Group.

Image: Gasum

Gasum Makes its 1st Cruise Ship STS LNG Bunkering

The Nordic energy company Gasum said that its liquefied natural gas (LNG) bunker vessel Coralius conducted first ever ship-to-ship (STS) bunkering to a cruise ship - Carnival Corporation's cruise vessel Costa Smeralda.During the bunkering operation, LNG was supplied to the newbuild Costa Smeralda at the Meyer Turku shipyard. Costa Smeralda is the first cruise ship in a series of newbuilds at Meyer Turku that will be fitted with LNG propulsion.LNG is the cleanest available marine fuel…

Image: DEME

TRIG, APG Buy Merkur

Dutch pension investor APG and UK-based The Renewables Infrastructure Group (TRIG) have agreed to acquire the Merkur offshore windfarm.TRIG will acquire a stake of around 36% in the 396-MW Merkur farm in the German North Sea, while APG has agreed to buy the remaining 64%.A consortium comprising of funds managed and/or advised by Partners Group (50%), InfraRed Capital Partners (25%), DEME Concessions (12.5%), GE Energy Financial Services (6.25%) and ADEME, acting on behalf of France…

Image: North Sea Port

North Sea Port Connects to 12 New Destinations

North Sea Port and Lineas are joining forces to increase efficiency with 12 new rail connections to the European hinterland.According to a press note from the cross-border port that consolidates the port areas of Vlissingen, Terneuzen and Ghent, this is a significant expansion of the volume of rail transport from the port.A new rail connection between Interface Terminal Ghent and the Lineas Main Hub in Antwerp allows goods to be shipped via the international rail network of Lineas.The 12 new destinations are Madrid…

The port of rotterdam (CREDIT: PoR / Freek van Arkel)

UK-bound Trucks at Risk after Brexit - DTA

Almost a third of companies who ship goods to Britain through the Netherlands have failed to complete the necessary paperwork for their trucks to embark on ferries after Brexit, the Dutch transport association TLN said on Wednesday."The registration is absolutely necessary, without it trucks will be sent away at terminals after Brexit," TLN spokesman Elmer de Bruin said.The Netherlands is home to Europe's largest seaport in Rotterdam, making it a major hub for trade with Britain.To keep the traffic across the North Sea flowing after Brexit…

Image: Macquarie Acquisition

Macquarie Acquisition of German Offshore Wind Approved

The European Commission has approved the acquisition of Ocean Breeze Energy GmbH & Co. KG by Sage Holdings, ultimately indirectly controlled by Macquarie Group Limited.Ocean Breeze Energy is the owner of North Sea wind farm BARD Offshore 1, from Unicredit. The 400MW offshore wind farm is positioned 100 kilometres off the coast of northwestern Germany.Under the EU Merger Regulation, the proposed acquisition would raise no competition concerns as the companies are not active on the same or vertically related markets…

Pic: Hafen Hamburg Marketing

German Ports Aim Cleaner Air

Germany's Federal Minister for Economic Affairs and Energy  Peter Altmaier and coastal states agree package of measures for shore-generated power.Instead of burning fossil fuels to generate shipboard electric power, in future vessels in port should be using renewable shore-based energy. The German government is now launching appropriate measures to promote shore-generated power.Along with the premiers of Schleswig-Holstein and Hamburg and representatives of the state governments of Mecklenburg-Western Pomerania…

Image: WFW

WFW Advises on Race Bank Wind Farm Deal

Watson Farley & Williams (WFW), an international law firm based in London, said that it has advised Race Bank Wind Farm Limited on its USD 608 million sale of transmission system assets relating to the 573 MW Race Bank offshore wind farm to Diamond Transmission Partners.Race Bank is a joint venture owned by Ørsted (50%), Macquarie European Infrastructure Fund 5 (25%), a fund established by Sumitomo Corporation, Sumitomo Mitsui Banking Corporation and Development Bank of Japan (12.5%)…