Eneti focuses its fleet with vessel sales prior to merger

The US installation carrier, which is in the process of merging with Cadeler, exits the second quarter with a loss after the sale of non-core vessels

by DANIEL LOGAN BERG-MUNCH

Eneti sells off three vessels to focus its fleet on the very large so-called WTIVs: Wind turbine installation vessels.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles

Receive our daily newsletters

Access our app

Get full access for you and your coworkers

Start a free company trial today

Mikkel Gleerup approached Eneti to create major offshore wind player
Merger means Cadeler and Eneti can leave peers in the wake
For subscribers
Cadeler and Eneti set to merge into offshore wind major
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

The penal code provision on trespassing is used when someone enters private property without permission. | Foto: Jens Dresling/Ritzau Scanpix

Container

Multiple arrests as protestors block entrance to Maersk HQ

14 people have been charged with trespassing in connection with a pro-Palestinian demonstration on Esplanaden in Copenhagen.

Drone attack in Red Sea damages merchant ship

Maersk has high hopes for rail freight that sidesteps Russia

For subscribers

Halvor Sveen is chief executive of Oslo-based shipping bank Maritime & Merchant. | Foto: Marine Money/Oscar May

Suppliers

Maritime & Merchant notes fierce competition in loans for shipping

For subscribers

Container

Liner companies pay soaring sums for charter deals

For subscribers

Offshore

Maersk Supply Service aims to quadruple profits

For subscribers

Chief executibe of Wallenius Wilhlemsen Lasse Kristoffersen, and chief executive of Höegh Autoliners Andreas Enger. | Foto: Wallenius Wilhelmsen and Javad Parsa

Carriers

Norwegian car carriers bag multi-year contracts

For subscribers

Logistics

Packed container ships trigger surge in air freight demand

For subscribers

Record influx of container ships this year will not cause trouble until 2025

The number of container ships is growing at record speed, but will not cause serious overcapacity until 2025, according to Bimco.

For subscribers

Gilbert Walter is new chairman of shipbroker BRS. | Foto: BRS

Shipbroker BRS appoints Gilbert Walter as chairman

While Francois Cadiou steps down from the role he has held for four years, he remains a newbuilding broker in Paris for the company

For subscribers

Spot prices for container freight continue to rise

This marks the 12th consecutive week that spot prices for containerized freight are increasing.

Foto: Hannibal Hanschke/Reuters/Ritzau Scanpix

IMO's fossil fuel ban in the Arctic faces criticism

On July 1, the use and transportation of heavy bunker oil by ships in the Arctic will be banned. A climate organization now accuses the ban of being full of loopholes.

For subscribers

Cosco and CMA CGM expect further pressure on major European ports

French CMA CGM is expanding capacity on the Asia-Europe route to ease peak season congestion over the summer.

For subscribers

”We are very happy with how our new organization is working and we are hearing the same from our customers,” writes Kuehne+Nagel about the reorganization implemented at the company in early spring. | Foto: Daniel Reinhardt/AP/Ritzau Scanpix

Kuehne+Nagel triggers unrest among staff with new management structure

The logistics major may have lost talent and created confusion, according to current and former managers. The company does not share the concerns.

For subscribers

Kuehne+Nagel triggers unrest among staff with new management structure

The logistics major may have lost talent and created confusion, according to current and former managers. The company does not share the concerns.

For subscribers

Container

Multiple arrests as protestors block entrance to Maersk HQ

14 people have been charged with trespassing in connection with a pro-Palestinian demonstration on Esplanaden in Copenhagen.

For subscribers

Container

Spot prices for container freight continue to rise

This marks the 12th consecutive week that spot prices for containerized freight are increasing.

Offshore

Maersk Supply Service aims to quadruple profits

The shipping company, which Maersk sold in a major deal last year, now guides for operating earnings of USD 150m.

For subscribers

Container

Liner companies pay soaring sums for charter deals

With fewer and fewer large ships available, container lines are willing to pay sky-high prices to charter ships that are delivered during 2025.

For subscribers

Container

Cosco and CMA CGM expect further pressure on major European ports

French CMA CGM is expanding capacity on the Asia-Europe route to ease peak season congestion over the summer.

For subscribers

Jobs

Fuel Supplier to lead Dry Cargo for Dan-Bunkering Europe

Chartering Executive, MPP & Minibulk Services

Sales Support Manager

Project Manager WTG – Offshore Wind Industry

See all jobs

Eneti focuses its fleet with vessel sales prior to merger

Read the whole article

With your free trial you get:

Get full access for you and your coworkers

Share article

Related articles

Mikkel Gleerup approached Eneti to create major offshore wind player

Merger means Cadeler and Eneti can leave peers in the wake

Cadeler and Eneti set to merge into offshore wind major

Sign up for our newsletter

Front page now

Multiple arrests as protestors block entrance to Maersk HQ

Maritime & Merchant notes fierce competition in loans for shipping

Liner companies pay soaring sums for charter deals

Maersk Supply Service aims to quadruple profits

Norwegian car carriers bag multi-year contracts

Packed container ships trigger surge in air freight demand

Record influx of container ships this year will not cause trouble until 2025

Shipbroker BRS appoints Gilbert Walter as chairman

Spot prices for container freight continue to rise

IMO's fossil fuel ban in the Arctic faces criticism

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Multiple arrests as protestors block entrance to Maersk HQ

Spot prices for container freight continue to rise

Maersk Supply Service aims to quadruple profits

Liner companies pay soaring sums for charter deals

Cosco and CMA CGM expect further pressure on major European ports

Jobs