Wintermar Offshore (WINS:JK) Fully Repays USD 45 Million Loan to IFC
Wintermar Offshore (WINS:JK) Fully Repays USD 45 Million Loan to IFC

JAKARTA, Dec 6, 2022 – (ACN Newswire via SEAPRWire.com) – On 5th December 2022, Wintermar Group (WINS) fully repaid the US$45 million loan facility by IFC signed in December 2011. The IFC loan enabled Wintermar to transform the fleet into higher valued vessels through the purchase of 8 OSVs. Although the loan maturity had been... » read more

Fast Offshore Supply Pte Ltd, Singapore signs a Memorandum of Understanding to jointly develop an Energy Storage System (ESS) with Terasaki Electric Co., Shift Clean Solutions Ltd. and RINA
Fast Offshore Supply Pte Ltd, Singapore signs a Memorandum of Understanding to jointly develop an Energy Storage System (ESS) with Terasaki Electric Co., Shift Clean Solutions Ltd. and RINA

SINGAPORE, Dec 6, 2022 – (ACN Newswire via SEAPRWire.com) – Fast Offshore Supply Pte Ltd , Asia’s largest offshore crew boat operator, has signed an MOU to jointly develop an Energy Storage System (ESS) with Terasaki Electric Co., Shift Clean Solutions Ltd. and RINA for the FOS Fleet as part of FOS “Green Initiative and... » read more

MC and InfraRed Named Preferred Bidders for UK Offshore Transmission Asset
MC and InfraRed Named Preferred Bidders for UK Offshore Transmission Asset

TOKYO, Sep 9, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Corporation (MC) is pleased to announce that MC and InfraRed Capital Partners (InfraRed) have been selected as the preferred bidders for a new offshore electricity transmission link in the UK. MC’s partnership with InfraRed comes via its UK-based, wholly owned subsidiary Diamond Transmission Corporation... » read more

Hitachi Energy wins order to connect one of the world’s largest offshore wind farms to the UK power grid
Hitachi Energy wins order to connect one of the world’s largest offshore wind farms to the UK power grid

ZURICH, SWITZERLAND, Jul 15, 2022 – (JCN Newswire via SEAPRWire.com) – Hitachi Energy, the global technology and market leader in power grids, today announced it has won a major order from Ørsted, the world-leading renewable energy company, to provide two high-voltage direct current (HVDC) systems to transmit green electricity from the Hornsea 3 wind farm,... » read more

Wintermar Offshore (WINS:JK) Unveils Growth Strategy
Wintermar Offshore (WINS:JK) Unveils Growth Strategy

JAKARTA, Jun 24, 2022 – (ACN Newswire via SEAPRWire.com) – Wintermar Offshore Marine (WINS:JK) has invested US$12 million to acquire 3 Platform Supply Vessels and 3 Anchor Handling Tug Supply Vessels since November 2021, to gear up for new drilling cycle. In the Public Expose on 24 June 2022, PT Wintermar Offshore Marine Tbk unveiled... » read more

Mooreast Outlines Strategies to Enhance Mooring Solutions for the Floating Renewable Energy Sector
Mooreast Outlines Strategies to Enhance Mooring Solutions for the Floating Renewable Energy Sector

SINGAPORE, May 30, 2022 – (ACN Newswire via SEAPRWire.com) – Mooreast Holdings Ltd announced plans to expand its mooring and rigging solutions product portfolio and to enhance partnerships with international players in order to extend its value proposition to the global floating offshore renewable energy sector. Mooreast released a Business Update outlining growth strategies outlined... » read more

Wintermar Offshore Marine Reports 1Q2022 Results; Total revenue up 3%
Wintermar Offshore Marine Reports 1Q2022 Results; Total revenue up 3%

JAKARTA, Apr 29, 2022 – (ACN Newswire via SEAPRWire.com) – Wintermar Offshore Marine (WINS:JK) has announced results for 1Q2022. Total revenue was up 3% YOY to US$10.5 million, with stronger chartering revenues compensating for a drop in Owned Vessel revenue from COVID-19 delays. Oil prices spiked in 1Q2022 as a result of the war in... » read more

Mooring Solutions Specialist Mooreast Asia Acquires Significantly Larger New Singapore Facility as it Prepares to Expand into Mooring Systems for Floating Wind Farms
Mooring Solutions Specialist Mooreast Asia Acquires Significantly Larger New Singapore Facility as it Prepares to Expand into Mooring Systems for Floating Wind Farms

Mooreast’s upgraded water-front facility at 51 Shipyard Road SINGAPORE, Sept 9, 2021 – (ACN Newswire) – Mooring solutions specialist Mooreast Asia Pte. Ltd. (“Mooreast”) said today that it has completed the acquisition of an upgraded water-front facility in Singapore that will more than double its capacity as it embarks on its strategic shift towards offshore renewable energy, particularly floating... » read more

Infocus International Announces Brand New Online Workshop on Offshore Wind
Infocus International Announces Brand New Online Workshop on Offshore Wind

Singapore, Aug 30, 2021 – (ACN Newswire via SEAPRWire.com) – Infocus International Group has announced a brand new online workshop – Offshore Wind and it will be commencing live on 26 October 2021. A comprehensive online course to one of renewable energy’s fastest-growing sectors. This is a business-focused training seminar designed to provide business developers... » read more

Wintermar Plans to Reposition Company for Growth
Wintermar Plans to Reposition Company for Growth

WINS’ management repositioning Company for expansion, through fleet restructuring and refocusing on future growth areas. JAKARTA, Aug 25, 2021 – (ACN Newswire) – In the Public Expose on 25th August 2021, PT Wintermar Offshore Marine Tbk (WINS:JK) Managing Director Sugiman Layanto affirmed the positive outlook for the Company, as higher oil prices have initiated a new investment cycle for... » read more

Wintermar Shareholders Approve New Share Issuance for Future Growth
Wintermar Shareholders Approve New Share Issuance for Future Growth

JAKARTA, Aug 19, 2021 – (ACN Newswire via SEAPRWire.com) – PT Wintermar Offshore Marine Tbk (WINS:JK) held its Annual General Meeting of Shareholders (“AGM”) on 19th August 2021, attended by a quorum of more than 84% of shareholders. This was the first time the Company conducted a hybrid AGM, utilizing the new eASY.KSEI platform for... » read more

Wintermar Offshore (WINS:JK) Reports 1H2021 Results
Wintermar Offshore (WINS:JK) Reports 1H2021 Results

JAKARTA, Aug 12, 2021 – (ACN Newswire via SEAPRWire.com) – Wintermar Offshore Marine (WINS:JK) has announced results for 1H2021, achieving a gross profit of US$3.3 million for 1H2021, compared to gross loss of US$0.66 million for the same period last year, with fleet utilization recovering to 63%. Utilization improved from 61% in 1Q2021 to 63%... » read more

Hitachi ABB Power Grids teams up with BW Ideol to take offshore wind power into deeper waters
Hitachi ABB Power Grids teams up with BW Ideol to take offshore wind power into deeper waters

ZURICH, SWITZERLAND, Jun 24, 2021 – (JCN Newswire via SEAPRWire.com) – Hitachi ABB Power Grids announced today it has signed a memorandum of understanding with BW Ideol, a global leader and internationally recognized pioneer in floating offshore wind. The agreement relates to the global acceleration of delivering a market-ready floating substation offering and solution. A... » read more

Hitachi ABB Power Grids launches new transformers for floating offshore wind power
Hitachi ABB Power Grids launches new transformers for floating offshore wind power

ZURICH, SWITZERLAND, Jun 7, 2021 – (JCN Newswire via SEAPRWire.com) – Hitachi ABB Power Grids today launched a portfolio of transformer products for offshore floating applications, designed to overcome the challenging offshore environment and withstand the physically demanding conditions on floating structures. The portfolio will enable much greater volumes of wind to be efficiently harvested... » read more

Wintermar wins 5-year contract for 2 OSVs supporting Indonesian Oilfield
Wintermar wins 5-year contract for 2 OSVs supporting Indonesian Oilfield

JAKARTA, May 25, 2021 – (ACN Newswire via SEAPRWire.com) – Wintermar group has been awarded a 5 year contract to provide 2 Offshore Support Vessels for a multinational oil and gas company in Indonesia. Wintermar will supply 2 units of Anchor Handling Tug Supply vessels to support production off the northern coast of East Java... » read more

Wintermar Offshore (WINS:JK) Reports FY2020 Results
Wintermar Offshore (WINS:JK) Reports FY2020 Results

JAKARTA, Apr 26, 2021 – (ACN Newswire via SEAPRWire.com) – Wintermar Offshore Marine (WINS:JK) has reported results for the full FY2020, achieving a gross profit of US$1.1 million, turning around from a gross loss of US$1.27 mil in FY2019, as utilization rose to 66% in Q42020. The rise in vessel utilization provided a boost to... » read more