Danish utility Ørsted will reduce its Scope 1-2 greenhouse-gas intensity by more than 98 % from its 2006 baseline and raise its renewable energy share to 99 %. The company has closed its last coal-fired combined heat and power plant in 2024, enabling the transition away from fossil fuels. With its science-based targets validated by… Read More
We are glad to announce a new collaboration with Llyod’s Maritime Institute. The goal of this partnership is to support the new generation of maritime professionals with advanced training courses, certifications and career growth across the global maritime sector. Together we want to mark a significant step toward strengthening industry standards and fostering continuous learning in… Read More
Third Quarter 2025 Highlights Revenue of $341.1 million, a 0.2% improvement compared to the third quarter of 2024 Average day rate of $22,798 per day, an improvement of $523 per day, or 2.3%, compared to the third quarter of 2024 Net loss of $0.8 million and Adjusted EBITDA of $137.9 million Net Income and Adjusted… Read More
Le Groupe ALMACO, part of the ALMACO Group, today officially inaugurated its head office in Quebec City, marking a long-term commitment to Canada’s shipbuilding sector under the National Shipbuilding Strategy (NSS). The new office strengthens ALMACO Group’s international collaboration with Davie Shipbuilding (Davie) and coincides with work on the Canadian Coast Guard’s flagship Polar Max… Read More
Copenhagen, Denmark: Global towage and marine solutions provider, Svitzer Group A/S (Svitzer), has acquired a 66.6% stake in leading Norwegian towage and marine service company, Buksér og Berging AS, subject to final regulatory approvals. Svitzer’s investment represents a partnership opportunity for both companies, with a view to leverage extensive shared knowledge and experience of the global… Read More
