PROJECT CARGO JOURNAL – WEEK 44

Project carriers want clearer lashing rules from IMO
A group of project carriers want the IMO to develop clearer rules for the loading and lashing of project cargo. Through eight revisions to the Cargo Stowage and Securing (CSS) Code, the shipping companies want to improve safety and their…
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Blockchain-based ShipFund close to first million in investments
The blockchain-based investment platform ShipFund of Shipping Company Groningen is close to securing its first million euros in investments, investor relations manager Stephan Benninga tells PCJ. The company aims to secure EUR 2 million by the end of April. With…
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Siemens Gamesa to buy onshore wind business of insolvent Senvion
Siemens Gamesa will acquire the European onshore wind service business from Hamburg-based wind turbine manufacturer Senvion, which filed for insolvency earlier this year. The purchase agreement has a value of EUR 200 million and includes a blade manufacturing plant in…
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IEA: Offshore wind to become 1 trillion dollar industry
Offshore wind capacity may increase 15-fold and attract around USD 1 trillion of cumulative investment by 2040, the International Energy Agency (IEA) concludes in a new report about the future of the offshore wind market. Europe will be the centre…
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Kvaerner reports high revenues but warns for lower rates in 2020
Norwegian EPC-contractor Kvaerner has booked high revenue and order intake in the third quarter of 2019. However, CEO Karl-Petter Løken warns of a poorer year ahead. Kvaerner’s revenue increased sharply from USD 185 million in the third quarter of last…
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COMPANY NEWS
Boskalis builds new crane vessel following large OWF contract
Lodestar and Swire Shipping team up on new breakbulk service
Liebherr statisfied with modal shift for mining equipment
Nooteboom delivers largest low-loader ever
Bernhard Schulte and MidOcean Wind extend US cooperation
Windfloat’s first floating wind tower leaves port