Boskalis 2025 annual results: strong financial performance with EBITDA of EUR 1.3 billion and net profit of EUR 775 million ...

A new AXIS Capital analysis of four years of offshore wind claims data points to turbines,export cables and foundations as the main technical loss drivers - and signals rising operational losses that ...

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Asso.subsea orders Andromeda as sister vessel to Avra for 2028 delivery. Find the latest news from the maritime industry on the PortNews website.

Baltica 2 is projected to have an energy capacity of around 1.5GW. Credit: Baltica sp. z o.o. Ørsted and PGE have completed the first phase of seabed preparation for the Baltica 2 offshore wind farm ...

*Free Cash Flow, Excess Free Cash Flow, Adjusted Operating Profit, and Adjusted EBITDA are non-GAAP measures, see “Non-GAAP Financial Measures,” and “Reconciliation of GAAP to non-GAAP measures” below ...

ScottishPower Renewables (SPR) has chosen BOSLAN, an Accenture (NYSE: ACN) company, to supervise the manufacturing and quality control of key components for its East Anglia TWO offshore wind farm in ...

DEME has secured three contracts for the installation of monopile foundations, inter-array cables, and the export cable at the BC-Wind offshore wind farm in Poland. The combined contracts are valued ...

Demand for subsea cables and cable-lay vessels is growing rapidly, driven in large part by the offshore wind energy industry and for interconnectors transmitting renewable energy between countries ...

Subsea 7 S.A. has won a couple of contracts in Saudi Arabia and Taiwan. The company said it was awarded a “major” project under a long-term agreement with Aramco for services related to certain ...