Green Hydrogen Hype Fades as High Costs Force Projects to Retreat
(Bloomberg) — Climate-friendly hydrogen was one of the most-hyped sectors in green energy. Now the reality of its high cost is taking its toll. In recent months, some of the...
In Teekay Offshore’s 3rd quarter report released today, the company has announced their subsidiary ALP Maritime will be adding to its fleet six modern long-distance towing and anchor handling vessels for a total price of approximately $220 million.
The vessels Orcus, Uranus, Janus, Ursus, Magnus and Taurus are currently owned by German shipowner Harms Bergung Transport und Heavy Lift GmBH & Co. KG, yet in response to Teekay’s press release today, Harms Bergung says they have “commenced legal action claiming damages against the respective KGs and is seeking to have the shareholders’ resolutions set aside.”
With this sale, only two vessels will be left in Harms Bergung’s fleet.
We’ve reached out to both companies for further comment on the pending legal action.
The 192 bollard pull tug Magnus was used recently to tow Transocean’s DDIII semi-submersible rig through the Bosphorus Strait. As you can see in the following video, the rig is missing the top section of its drilling derrick which had to be removed in order to make the transit:
The Janus and the Ursus are currently on charter to Saipem working offshore Angola and Venezuela, respectively.
ALP Maritime currently has four other vessels under construction. All ten vessels, once delivered, will be capable of long-distance towing and offshore unit installation and decommissioning of large floating exploration, production and storage units, including FPSO units, floating liquefied natural gas (FLNG) units and floating drill rigs, according to Teekay.
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