The offshore wind turbine installation vessel Brave Tern conducts a “full-height jacket test” at the port of Rotterdam. During the test the jack-up reached a height of 70 meters using the vessel’s 5,300 ton capacity legs.
The Brave Tern is one of two identical jack-ups built by Gusto MSC with customizations for owner Fred. Olsen Windcarrier. The vessels are self-elevating and self-propelled with large open deck space, an 800 ton “wrap around leg crane”, DP2-class dynamic positioning, and fitted with a Voith Schneider propulsion system. The installation vessels also have accommodations for up to 80 persons in 56 cabins, as well as a heli-deck to facilitate transfers during offshore wind farm installations.
Sellers of Iranian oil to China are offering deeper discounts this month as they look to reduce inventories and as independent refiners slow their buying due to a jump in crude prices, traders and analysts said.
The firm building what will become the largest port in India plans to raise as much as 300 billion rupees ($3.5 billion) of debt, giving lenders an opportunity to invest in one of the cornerstones of Prime Minister Narendra Modi’s infrastructure overhaul.
China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li Ka-shing’s global ports, according to people familiar with the matter, in an effort to ease Beijing’s concerns over the controversial deal.
June 18, 2025
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