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Cadeler has secured a €247 million EIFO-backed green term loan to partially finance the construction of its third A-class offshore wind installation vessel, Wind Apex
The image, taken in the port of Gelendzhik, shows the vessel moored alongside a quay with a large breach visible on its starboard side.

Royal IHC awarded major contract for supply of FPSO equipment for Yinson

Malaysian FPSO provider Yinson has awarded Royal IHC a contract for the supply of a tandem mooring & offloading system and a riser pull-in system.

US fines Petrobras $853m for corrupt payments

Petrobras agreed with US and Brazilian authorities to pay $853.2 million in penalties to resolve the US government’s investigation into violations of the FCPA in connection with Petrobras

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