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- Category: Company News
Hexicon has reported several developments involving its floating offshore wind projects and technology during and after the second quarter of 2026. In April 2026, Hexicon entered into and completed a share purchase agreement with a global provider of marine and offshore engineering solutions for the divestment of the TwinHub project, held through Wave Hub Ltd. Hexicon divested its entire 100% ownership in the project, including related assets and liabilities, for a total purchase price of GBP 1.
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- Category: Company News
Based on the results, Gurit has raised its full-year guidance for sales growth and adjusted operating profit margin. Growth was recorded across all three business units, while the adjusted operating profit margin increased to 11.0%, compared with 5.7% in the same period of 2025.
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Deme Group reported higher turnover from its Offshore Energy segment in the first half of 2026, while overall group performance remained stable. Fleet utilisation in Offshore Energy was 18.2 weeks, or around 70%, compared with 22.9 weeks a year earlier. Deme attributed the decrease to the entry of two new vessels into the fleet ahead of full deployment, the repositioning of two vessels from the US East Coast to Europe and scheduled repair work on other vessels.
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Windar Photonics has conditionally appointed Tove Feld as senior independent director. Feld has more than 30 years of experience in the global energy and infrastructure sectors. She is a former senior executive at Ørsted, Siemens Gamesa and DNV and has worked on strategic transformation and innovation in renewable energy.
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Cadeler reported higher revenue and earnings before interest, taxes, depreciation and amortisation (EBITDA) in the first half of 2026, compared with the same period in 2025, after adjusting the comparative figures for one-off termination fees.
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Flender has opened an additional generator production site in India as part of its expansion of wind business in the country.
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- Lars Thaaning Pedersen appointed CEO of Copenhagen Offshore Partners
- Enercon returns to profitability in 2025
- Vestas appoints Anna Mascolo to lead Northern and Central Europe and offshore wind
- MOL completes Wind Whale heavy-lift coastal vessel
- Cadeler orders two T-class offshore wind installation vessels
- Kinewell strengthens board with two new appointments
- ABO Energy sells Polish and Hungarian subsidiaries
- RES report outlines community investment and bill support
- Siemens Energy reports record orders and improved profitability in Q3
- ABB invests in LevelTen Energy and forms strategic partnership
- North Star opens new operational base in Lowestoft
- TotalEnergies acquires Shell's European renewables business
- Venterra appoints Nigel Ward to lead Osbit
- Vestas appoints Anna Mascolo to lead Northern & Central Europe and Global Offshore
- North Star secures debt financing for fleet growth
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